Greystone Financial & Estate Services Inc

Item 5 – Fees and Compensation

A      Fees Generally. A description of the fees we charge for advisory services is set forth in this Item 5. While we
       generally strive to ensure the equal treatment of all clients with respect to fees, we may negotiate fees with
       individual clients based on factors such as the complexity of the client’s financial needs, income level,
       relationships with other clients or employees of our firm, our expectation of future assets under management,
       and any other factors we deem relevant. For example, a limited number of legacy clients may be subject to a
       different fee schedule than that reflected in this brochure. While we believe our fees represent good value to
       clients based on the nature of our services, clients are advised that lower fees for comparable services may be
       available from other providers.

       Fees for Portfolio Management Services. When you engage our services, you will pay us an annual asset-
       based fee which is calculated as a percentage of the market value of your account ranging between 0.50% -
       1.25% per annum. The specific fees to be applied to your account will be set forth in a tiered fee schedule
       contained within the written advisory agreement you will be required to enter with our firm prior to the
       commencement of our services. Our fees will be applied to your account on a blended basis, based on the
       breakpoints in the applicable tiered fee schedule (e.g., each tier of your assets under management will be
       charged the applicable annual rate set forth in the tiered fee schedule).

       Greystone’s fees are payable monthly in arrears and are calculated based upon the market value of your
       account as of the close of the prior billing period. Unless we otherwise agree, we will not include the value of
       any held-away assets (e.g., employer sponsored retirement accounts, qualified tuition plans, variable annuity
       sub-accounts) in the calculation of our fees. All fees are pro-rated for partial billing periods (based on the
       number of days services are provided) and for any mid-period deposits and withdrawals to or from your
       account exceeding $10,000 in the aggregate (based on the date of deposit or withdrawal).

       When applying our fees, we may elect in our sole discretion to combine the value of all of your related
       accounts (including any accounts held individually or jointly by you, your spouse, your minor children, or
       your business, including retirement accounts) for purposes of determining the applicable annual fee
       percentage. We will provide you with written notice of the accounts we deem to be part of your “household”
       for billing purposes. This information will be disclosed to you in our written advisory agreement or in another
       separate written communication.

       We will typically rely upon the market value of your account as determined by the independent qualified
       Custodian of your assets for purposes of calculating our fees. The Custodian may use various pricing services
       such as Reuters or Standard & Poor’s to price securities held in your account. For actively traded securities,
       these services use the actual last reported sale price. For less actively traded securities such as bonds, these
       services will use the appropriate valuation methodology to determine the value of the security. You should
       contact us with any questions or concerns about the manner in which the Custodian has priced any investments
       held in your account.

    Clients may make additions or withdrawals from their account at any time; however, clients should note that
    some or all of the investments in their account may be intended as long-term investments and withdrawals of
    cash and premature liquidations of securities positions may impair the achievement of your investment
    objectives.

    Fees for Retirement Consulting Services. Advisory fees for retirement plan consulting services typically
    consist of either fixed annual fees or annual fees calculated as a percentage of the value of the client’s assets
    under management (typically ranging from 0.20% to 1.25% per year). These fees are typically payable
    monthly or quarterly in arrears from Plan assets and due thirty (30) days from the date of our delivery of an
    invoice (end of the quarter) to the client.

B   Direct Fee Deduction. Unless otherwise agreed, all advisory fees will be paid directly from your account(s)
    held at the Custodian. Your written authorization for direct deduction of fees will be contained in our written
    advisory agreement and/or the Custodian’s account opening documentation. The Custodian of your account
    will send an account statement to you at least quarterly, identifying the amount of funds and each security in
    your account at the end of the period, and setting forth all transactions in the account during that period,
    including the amount of any fees paid directly to us from your account. The Custodian is not responsible for
    verifying the accuracy of our fee calculations. Therefore, we encourage you to promptly review all reports
    and account statements provided by the Custodian. If you believe there has been any miscalculation of any
    fees or if there is any other issue with your account, you should contact us immediately at the phone number
    listed on the cover page of this brochure.

    We will first look to cash balances in your account or to liquidate money market shares to pay our advisory
    fees. In the event that cash balances or money market shares are not available, other investments may be
    liquidated to pay the fees when due. We will only liquidate other investments in line with our fiduciary duty
    to you.
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Item 7 – Types of Clients

We provide investment advice to individuals, high net worth individuals, partnerships, corporations, and other
business entities. We do not have any minimum annual fee or account opening/balance requirements.