Hoxton Wealth USA LLC

Item 5 - Fees and Compensation
Pension Advisory Transfers Investment Management Services Fee Overview
 When transferring your UK pension to a Self-Invested Personal Pension (SIPP), you will incur various fees, which include
 but are not limited to the following:

 1.   Initial Fee
      This fee covers planning, analysis, advice, and consultation related to your pension transfer. It is based on a percentage
      of the pension assets being transferred, and it is either deducted directly from the pension transfer amount or paid
      by you separately.

      o    Maximum Initial Fee: 5% for assets between £250,000 and £1,000,000.

      o    Maximum Initial Fee: 3% for assets over £1,000,000.

      o    The initial fee is a contingent fee—meaning you will only pay it if you proceed with the transfer. If the fee is paid
           from the transferred pension assets, it will reduce the amount available for investment.

      o    If applicable, additional fees for a UK-qualified advisor to prepare a suitability report (especially for defined
           benefit transfers) can be £5,000 or more. This fee is paid directly to the UK advisor and is not controlled by Hoxton
           Wealth.

 2.   Annual Asset Management Fee
      After the transfer, an ongoing annual fee for managing and monitoring your pension assets will be charged.

      o    Maximum Annual Fee: 1.5% of the pension assets under management.

      o    This fee is typically deducted monthly or quarterly in arrears (depending on the custodian), based on the value
           of the assets in your SIPP.

 3.   Additional Fees

      o Platform & Custodian Fees: These fees are charged by the platform provider, custodian, or trustee for
           maintaining and administrating your pension account.

      o Transaction Fees: You will pay fees for securities transactions executed in your account, as per the custodian’s
           fee schedule.

      o Discretionary Fund Manager Fees: If you choose to use a discretionary fund manager, you may incur additional
           fees of up to 1% on the assets allocated to them.

      o Other Fees: These include setup fees, ongoing administrative charges, and exit fees if you change platforms or
           trustees.

 4.   Bond Wrappers
      If you opt to purchase a portfolio bond or insurance wrapper, additional setup, ongoing administration, and dealing
      fees will apply. Please note that purchasing a bond wrapper will increase your costs over time, and early withdrawal
      may incur penalties.

      Important Notes:

      •    The Adviser’s minimum Investment Management Agreement account size is generally $25,000.00 but may be
           lower with management approval.

                                                                                                     www.hoxtonwealthusa.com

        •   Fees are negotiable and will depend on various factors, such as the size and complexity of your pension transfer
            and the services required.

        •   The total fees, including advisory, platform, and third-party management fees, may exceed 5% in the first year
            and may continue at over 1.5% annually thereafter.

        •   Always ensure you understand all associated costs before proceeding with a transfer.

        •   Fees for the investment management services provided may be more than the cost of purchasing the same service
            separately or through other asset management programs. Clients are hereby advised that lower fees for
            comparable services may be available from other sources.

        We do not provide tax or legal advice, and we recommend seeking independent advice regarding tax implications
        and other relevant matters before proceeding with a pension transfer.

Termination of UK Pension Transfers Services
You can terminate investment advisory services without penalty within 5 business days of signing the advisory agreement by
providing written notice. After that, you may terminate by sending written notice to the Adviser. You will be responsible for
any third-party fees incurred, such as dealing, trustee, platform, custodial, or UK service provider fees.

•   If termination occurs before the pension asset transfer starts, you will be responsible for any third-party expenses,
    including the FCA report from a UK-qualified advisor.

•   If review or advice has already been provided, you will not receive a prorated refund of the initial fee, as it covers the
    Adviser’s time and analysis.

•   You agree to pay a prorated portion of the annual management fee for the days up to the termination date.

Investment Management Fee
The Adviser may charge a one-time onboarding fee for all new international investment management only clients ranging
from $500-$1000 based on the initial new account value. This fee is intended to compensate the Adviser for the costs
associated with the client onboarding process, including but not limited to the setup of client accounts, integration with
technology platforms, anti-money laundering and sanction checking, and the administrative and back-end services required
to establish the client’s account on the platform. The fee is charged at the inception of the client relationship and is separate
from any ongoing advisory fees or other charges that may apply. Clients will be informed of this fee prior to the initiation
of services.

Investment management fees for investment management services only clients are billed monthly or quarterly and
collected in arrears. Management fees are based on the market value of the assets held in the client account(s) at the end
of the previous quarter or month depending on the custodian.

The fee ranges from up to 1.75% per annum. The amount of the fee is reviewed on a case-by- case basis depending upon
several factors including assets invested, amount of attention required to manage the relationship, and the amount of
work involved.
...

Item 7 - Types of Clients
Description
  Hoxton Wealth generally provides investment management and pension consulting services to expatriates or other
  nationals residing in the United States who maintain international pension assets. In addition to working with expatriates,
  the Firm also provide financial planning and investment advisory services to US citizens and expatriates with US
  investment accounts. The services include pension transfer services, asset management and financial planning and
  consulting.

  Account Minimums
  The minimum account size is $25,000.00 of assets under management. The Adviser has the sole discretion to waive the
  account minimum. Accounts holding less than the minimum may be accepted when the Client and the Firm anticipate
  the Client adding additional funds to the account balance, bringing the total to Firm minimum account size, within a
  reasonable time. Other exceptions will apply to employees of the Adviser and their relatives, or relatives of existing
  Clients.

  Clients receiving ongoing investment management services are assessed a maximum annual percentage of up to 1.75%.
  Clients with assets below the minimum account size pay a higher percentage rate on their annual fees than the fees paid
  by clients with greater assets under management.