Fortress Private Ledger LLC

Item 5   Fees and Compensation

Financial Planning and Hourly Consulting Services

For Financial Planning and Hourly Consulting Services, the fee is negotiated between the IAR and
client and the amount of the fee is stated in the client agreement. The fee is paid to FPL by check,
or the client may instruct and authorize FPL to debit the fee from a non-retirement account of the
client managed by the firm.

Specific to financial planning, clients pay either on an hourly basis or a per plan basis (flat rate
fee). The hourly charge is a maximum of $600 per hour and the flat-rate fee ranges from $600 to
$350,000. On a case-by-case basis, FPL may also charge a higher or lower fee depending upon the
complexity of the plan. The client may elect to pay the fee upon execution of the client agreement,
upon delivery of the written financial plan, or a combination of the two.

Specific to hourly consulting services, clients pay an hourly charge agreed upon between the client
and advisor based on the scope of the engagement, complexity and experience of the advisor. The
client may elect to pay the fee upon execution of the client agreement or at the time of consultation
with the IAR.

Clients should understand that the financial planning or hourly consulting fee client negotiates
with IAR may be higher than the fees charged by other investment advisers for similar services.
This is the case, in particular, if the fee is at or near the maximum fees set out above. The IAR is
responsible for determining the fee to charge each client based on factors such as total amount of
assets involved in the relationship, the complexity of the planning services, and the number and
range of supplementary advisory and client-related services to be provided. Clients should consider
the level and complexity of the planning services to be provided as well as the experience,
professional expertise, credentials, and education of the IAR when negotiating the fee.

The client may terminate the client agreement at any time, and may request a refund of unearned
fees, if any, based on the time and effort completed prior to termination of the agreement. The
client agreement terminates upon delivery of the plan for financial planning, and upon final
consultation with the client for hourly consulting. No refunds will be made after completion of the
plan or delivery of the consulting services, except when the number of actual hours is less than the
estimated number of hours quoted in the client agreement.

QOZ Services

For QOZ Services, the fee is negotiated between the applicable IARs and client and the amount of
the fee is stated in the client agreement. The fee is invoiced to and paid by the client. A client
generally pays an initial flat fee as compensation for the QOZ Services for a period of time, and
thereafter pays a quarterly fee in arrears, which is calculated as a percentage of the client’s assets
invested in one or more QOZ projects. The quarterly fee may be waived by FPL in the IAR’s
discretion.

Clients should understand that the fee for QOZ Services negotiated with the IARs may be higher
than the fees charged by other investment advisers for similar services. The IARs are responsible
for determining the fee to charge each client based on factors such as the total amount of assets
involved in the relationship, the complexity of the QOZ Services, and the number and range of
supplementary advisory and client-related services to be provided. Clients should consider the
level and complexity of the QOZ services to be provided as well as the experience, professional
expertise, credentials, and education of the IARs when negotiating the fee.

The client may terminate the client agreement at any time upon sixty (60) days’ written notice and
may request a refund of any unearned portions of the initial flat fee, if any, based on the portion of
the services that have yet to be provided. Any ongoing fees owed to FPL will be invoiced to the
client based on the number of days on which the client agreement was effective in the applicable
calendar quarter.

Portfolio Management Services and ERISA-Qualified Retirement Plan Consulting

The Fees for Portfolio Management Services and ERISA-Qualified retirement plan consulting are
typically based on the value of assets under management and will vary by engagement, though in
the case of Retirement Plan Consulting the fee may be billed differently as described below. The
amount of the fee is negotiable between the client and the IAR and is set out in the Account
Application. The Account Fee is typically a straight percentage based on the value of all assets in
the account, including cash holdings. The Account Fee also may be structured on a tiered basis,
with a reduced percentage rate based on reaching certain thresholds. The fee will be set out in the
client agreement executed by the client at the time the relationship is established. Depending on
the custodian or retirement plan provider, fees may be calculated and billed on a monthly or
quarterly basis. The maximum advisory fee is 2.0% and the advisory fee is negotiable between the
IAR and the client or plan sponsor, payable either in advance or in arrears as described in the client
agreement. All fees for services will be paid to FPL.

Fees will be debited from the account specified in the advisory agreement. The amount of the fee
will be shown on the statement received by the Custodian. FPL urges clients to carefully review

such statements. Upon request, FPL will bill a client for advisory services. If requested, billing
information must be in writing in the advisory agreement. Advisory fees are due upon receipt.

Specific to ERISA-Qualified Retirement Plan consulting, the client may authorize the record-
keeper to deduct the consulting fee from participant balances on a variety of methods to include
but not be limited to pro-rata, per-capita, flat-dollar per participant, or other means as set forth in
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Item 7       Types of Clients

FPL provides advisory services to registered investment advisers, advisory persons working for
such firms, individuals, including high net worth individuals, pension and profit-sharing plans,
trusts, estates and charitable organizations, corporations or other business entities, and state or
municipal government entities.

The minimum account size is $100,000 for Portfolio Management Services. The minimum account
size for Retirement Plan Consulting is $1 million. FPL has the discretion to waive the account
minimum.