Highgate Group USA Inc

Item 5 – Fees and Compensation

This section provides details regarding the fees and compensation arrangements for our services.

Asset Management Services
Fees charged for our asset management services are charged based on a percentage of assets under
management, billed in arrears (at the end of the billing period) on a monthly basis and calculated based
on the fair market value of the account on the last day of the current billing period. Fees are prorated
(based on the number of days service is provided during the initial billing period) for your account opened
at any time other than the beginning of the billing period. If asset management services are commenced
in the middle of the billing period, then the prorated fee for that billing period will be billed in arrears at the
end of that billing period.

The asset management services continue until terminated by either party (i.e., Highgate Group USA or
you) by giving thirty (30) days written notice to the other party. When fees are billed in arrears, Highgate
Group USA will prorate the final fee payment based on the number of days services are provided during
the final period. The amount of client assets on the termination date will be used to determine the final fee
payment.

Fees charged for our asset management services are negotiable based on the investment adviser
representative providing the services, the type of client, the complexity of the client's situation, the
composition of the client's account (i.e., equities versus mutual funds), the potential for additional account
deposits, the relationship of the client with the investment adviser representative, and the total amount of
assets under management for the client.

For our asset management services, client will be charged the following annual fee based upon the amount
of assets under management:

Highgate Group USA has a minimum portfolio size of $50,000.

Highgate Group USA believes that its annual fee is reasonable in relation to: (1) services provided and
(2) the fees charged by other investment advisers offering similar services/programs. However, our annual
investment advisory fee may be higher than that charged by other investment advisers offering similar
services/programs. In addition to our compensation, you may also incur charges imposed at the mutual
fund level (e.g., advisory fees and other fund expenses).

                                                                                 Form ADV Part 2A: Firm Brochure

Currently, Highgate Group USA utilizes the services of the Royal Bank of Canada Clearing & Custody
(“RBC”) to calculate client’s advisory fees. The investment advisory fees will be deducted from your
account and paid directly to our firm by RBC, the qualified custodian(s) of your account. You will authorize
RBC to calculate and deduct fees from your account and pay such fees directly to our firm.

You should review your account statements received from RBC and verify that appropriate investment
advisory fees are being deducted.

Brokerage commissions and/or transaction ticket fees charged by the qualified custodian are billed directly
to you by the qualified custodian.

Our recommended broker/dealer-custodian platform, Royal Bank of Canada Clearing & Custody (RBC),
imposes a transaction fee schedule that ranges from $15 to $20/per transaction depending on the
security-type with one exception being international securities which are charged $50/per transaction. All
other equity (i.e., stock) trades are currently $15. As of April 2025, Highgate Group USA has decided to
pay $35 of the $50 transaction fee for international trades so that clients pay $15 regardless of an equity or
international security. Our decision to absorb part of the transaction fee charged for international trades is
based on the fact that we recommend, and in some cases require, the use of RBC. We believe the
transaction fee for international securities is high compared to non-international securities and we do not
want clients to avoid international securities our Advisors think are appropriate for their portfolio because
of the higher transaction cost. Please see Item 12 for more information about our relationship with RBC.

Highgate Group USA does not receive any portion of such commissions or fees from you or the qualified
custodian. In addition, you will incur certain charges imposed by third parties other than Highgate Group
USA in connection with investments made through your account including, but not limited to, mutual fund
sales loads, 12b-1 fees and surrender charges, variable annuity fees and surrender charges, IRA and
qualified retirement plan fees, and charges imposed by the qualified custodian(s) of your account.
Management fees charged by Highgate Group USA are separate and distinct from the fees and expenses
charged by investment company securities that may be recommended to you. A description of these fees
and expenses are available in each investment company security’s prospectus.

Financial Planning Services
Highgate Group USA only provides financial planning services to clients who are currently receiving asset
management services from Highgate Group USA for an asset management fee. If a client is currently
receiving asset management services from Highgate Group USA for an asset management fee, each
investment adviser representative can offer at its discretion financial planning services and Highgate
Group USA does not charge any additional or separate fees for the financial planning services.

Although Highgate Group USA is not charging a financial planning fee, there are fees and expenses
charged by mutual funds to their shareholders if the client invests in mutual funds due in part to the
financial planning services. These fees and expenses are described in each mutual fund’s prospectus.
These fees will generally include a management fee, other fund expenses and a possible distribution fee
...

Item 7 – Types of Clients

Highgate Group USA generally provides investment advice to the following types of clients:

     •   Individuals
     •   High net worth individuals
     •   Corporations or business entities other than those listed above

You are required to execute a written agreement with Highgate Group USA specifying the particular
advisory services in order to establish a client arrangement with Highgate Group USA.

Minimum Investment Amounts Required
There are no minimum investment amounts or conditions required for establishing an account managed by
Highgate Group USA. However, there is a minimum portfolio size of $50,000 for services.