Fidelis Capital Partners LLC

Item 5: Fees and Compensation
  In addition to the information provided in Item 4 above, this section provides details regarding
  Firm services along with descriptions of each service’s fee and compensation arrangements.
  Fees for both investment advisory services and non-investment advisory services are
  negotiated on a client-by-client basis. The fee you pay for these services may be more or less
  than fees paid by other Fidelis clients for the same services. In addition, Fidelis employees and
  their family members receive a discounted fee.
Compensation for Investment Advisory Services
Portfolio Management Services
  Fidelis’ fees for investment services provided to you are generally based on a percentage of
  Assets Under Management (“AUM”). Although fees for our services are negotiable and discussed
  in detail with the respective potential client, our fees for our various services range from .15%,
  and generally do not exceed 1.00%. Fees may also vary due to the particular circumstances of the
  client, additional or differing levels of servicing, or as otherwise agreed upon with specific
  clients. The amounts and specific manner in which fees are charged is negotiated and
  memorialized in Fidelis’ contract with our clients.

 Payment of Portfolio Management fees are billed monthly, in arrears, meaning that we charge
 fees to the client after the monthly billing period has ended. Fees are calculated based on Daily
 Average Balance, which is determined by averaging the client account’s day-end values for the
 days of the month your account is active, with the exception of alternative investments, which
 are valued periodically by the issuer. Payment in full is expected upon the charging of fees. Fees
 may be deducted from a designated client account to facilitate billing. The client must consent in
 advance to direct debiting of their investment account. Clients may also choose to pay by check
 or by wire.
 Fidelis, in its sole discretion, may negotiate to charge a lesser fee, based upon certain criteria,
 such as anticipated future earning capacity, anticipated future additional assets, dollar amount
 of assets to be managed, related accounts, account composition, pre-existing/legacy client
 relationship, employer-employee relationship, and account retention. For purposes of
 determining the fee, Fidelis, at its own discretion, can consolidate the total value of portfolio
 assets for certain related client accounts. Additionally, Fidelis employees as well as their family
 members, at the discretion of Fidelis, will receive a discounted fee.

Financial Planning Services
 Clients need not open a Portfolio Management account to receive financial planning services from
 Fidelis. There is no charge for this service when a client already has a fee agreement in place for
 Portfolio Management or in circumstances where you have a consulting agreement in place. If this
 service is offered separately from other services, then there is generally a flat-fee agreement.
Selection of Other Sub-Managers
 For clients that elect to use a Sub-Manager recommended by us, as described in Item 4, our
 advisory fee will be in addition to the fee you pay to the Sub-Managers. Our advisory fee is set
 within a range provided by the Sub-Manager for the service of referring clients and assuming
 the fiduciary responsibility of the Sub-Manager to meet your objectives. The advisory fee you
 pay to the Sub-Manager(s) is in addition to the management fee paid to Fidelis for Portfolio
 Management services. Please refer to your agreement with us for Investment Management
 Services for specific information on how we are compensated for recommending Sub-Managers
 and the additional fees you will pay for using such advisors.

Third-Party/Custodian Fees
 Custodians may charge transaction fees on purchases or sales of securities. These transaction
 charges are usually small and incidental to the purchase or sale of a security. During the process
 to select securities for client accounts, the fee that the custodian charges to buy or sell the
 security is one of many factors taken into consideration when determining a security selection
 value to a client. These charges are in addition to the fees paid by a client to Fidelis.
 Mutual funds generally charge a management fee for their services as investment managers. The
 management fee is called an expense ratio. For example, an expense ratio of 0.50 means that the
 mutual fund company charges 0.5% for their services per annum. These fees are in addition to the
 fees paid by a client to Fidelis. This will reduce net investment returns on client portfolios.
Compensation for Non-Investment Advisory Services
Business Consulting Services
 Fidelis will negotiate a contract with the client at an agreed upon rate for providing business

 consulting services. This is generally a flat-fee agreement.
Suite of Services
 Fidelis Capital does not charge for these services if you are already paying a Portfolio Management
 fee. Fidelis may charge a fee for these services separately and apart from any consulting or financial
 planning fee. For Suite of Services, we recommend a variety of outside providers who we feel are
 reputable, however you may find similar services at better costs through other providers. You are
 under no obligation to use our recommendations.

Advance Fee Payments
 Fidelis charges fees in arrears, not in advance. Advance Fee Payments are not applicable.
Other Compensation
 Fidelis does not receive any other compensation, other than as further described in this section.

Additional Fees and Expenses
 In addition to the Portfolio Management Fee paid to Fidelis, clients are responsible for the fees
 and expenses imposed by third parties in connection with investment of their assets. These may
 include fees, expenses, charges, and taxes imposed by broker/dealers, exchanges, and
...

Item 7: Types of Clients
 Fidelis provides investment advice to many diverse types of clients. These clients generally
 include individuals, trusts, estates, corporations, and other types of business entities including
 non-profit organizations.

Minimum Account Size
 The Firm does not require a minimum account size.