Focused Wealth Management Inc

Item 5 Fees and Compensation
ASSET MANAGEMENT PROGRAM FEES

Financial Advisors Program

The annual management fee charged for this service will be negotiated with each client, with 2% being
the maximum management fee charged to clients. Fees are based on the complexity and the amount
of service required for the client. Fees for fee-based accounts are calculated by Osaic and charged
monthly in arrears based on the month end value of the assets and are automatically deducted from
the client's account, as authorized by the client in writing. Assets in excess of $10,000 deposited into
or withdrawn from the account can be charged or refunded a prorated portion of the management fee
based on the number of days during the billing period that assets were held in the account. Osaic
retains up to 17 basis points (.17%) of the representative’s management fee for management,
administrative and support services Osaic provides with the balance of the management fee to

FWM. Osaic also charges FWM an administrative fee. FWM will qualify for a reduced administrative
and support services fee based on accounts your representative places within an Osaic advisory
program therefore creating a conflict of interest to put more assets into FAP account. For clients in
FAP under a management agreement with FWM, their ticket charges will be absorbed by
FWM. Clients who have opted not to use FWM to manage their account will pay the ticket charges for
non-discretionary trades made in their account. Clients in FAP are subject to additional fees charged
by mutual funds or exchange trade funds or custodial fees. FWM does not receive commissions or
12b-1 fees from client assets held in FAP.

Focused Wealth Wrap Fee Program

Equities

AUM                                   Fee Rate
$0-$99,999                            1.50%
$100,000-$249,999                     1.40%
$250,000-$499,999                     1.30%
$500,000-$749,999                     1.20%
$750,000-$999,999                     1.10%
$1,000,000-$2,999,999                 1.00%
$3,000,000-$5,999,999                 0.80%
$6,000,000-$9,999,999                 0.60%
$10,000,000-$24,999,999               0.50%
$25,000,000-$49,999,999               0.40%
$50,000,000+                          0.35%

CD's, Bonds, and Treasury Ladders

AUM                                  Fee Rate
$0-$4,999,999                        0.50%
$5,000,000-$9,999,999                0.40%
$10,000,000+                         0.30%

Clients participating in the FWM Wrap Fee Program are charged according to the above fee schedule
annually. Fees are detailed in the client agreement and may be subject to negotiation. Fees are
charged monthly in arrears based on the month end value and are automatically deducted from the
client's account, as authorized by the client in writing. Wrap fee program fees include Focused
Wealth's management fee and cover certain brokerage-related costs. Clients are encouraged to review
Appendix 1 of this brochure for further information related to this program. Fees may be negotiable at
the discretion of the firm. Since fees are based on gross account value, there’s an incentive to
recommend more margin use, which raises both advisory fees and client risk exposure.

For linked 401k accounts, fees are charged monthly in advance based on the end of quarter value, and
may either be deducted from the client's account or be invoiced.

Fixed Fees
At the client request and subject to negotiation, clients can be charge an annual fixed fee. Annual
fixed fees are negotiated based on the size and complexity of the relationship and charged based on
the frequency stated in the client contract.

Other Investment Management Services (annuities)

The annual management fee charged for this service will be negotiated with each client based upon
the complexity of the client's financial situation, the complexity of the services provided and the dollar
amount of assets under management. The maximum annual fee charged for this service will be 2%
annually. FWM will quote an exact percentage to clients for services being provided. The fee will be
charged quarterly in advance based on the quarter end value and will be automatically deducted from
the client's account as authorized in writing by the client.

Additional Fee Disclosure

Clients should be aware that all custodial and expense fees charged by mutual funds and ETFs, as
well as execution fees remain separate and distinct from those fees charged by FWM for its asset
management services.

All fees paid to FWM for investment advisory services are separate and distinct from the fees and
expenses charged by mutual funds or variable annuities to their shareholders (FWM clients). These
fees and expenses are described in each fund's and annuity's prospectus. With respect to mutual fund
investments, these fees will generally include a management fee, other fund expenses, and a possible
distribution or trailer fee. With respect to variable annuities, these fees may include sales loads,
surrender charges, administrative expense charges, insurance charges for death benefits, guaranteed
lifetime withdrawal benefits and/or other insurance-related expenses as described in the variable
annuity's prospectus. If the fund or annuity imposes sales charges, a client may pay an initial or
deferred sales charge.

Clients should note that persons providing investment advice on behalf of our firm are registered
representatives with Osaic, a securities broker-dealer, and a member of the Financial Industry
Regulatory Authority and the Securities Investor Protection Corporation. In their capacity as registered
representatives, these persons receive compensation in connection with the purchase and sale of
securities or other investment products, including asset-based sales charges, service fees or 12b-1
fees, or holding, of mutual funds. Compensation earned by these persons in their capacities as
...

Item 7 Types of Clients
FWM provides investment advisory services to Individuals, High Net Worth Individuals, Charities,
Municipal Entities, Corporations, Trusts, Institutions, Not-for-Profits, Public and Private Endowments,
Pension Funds, Foundations and Contingency Funds.