Intellectus Partners LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
agreements with the Advisor.
                                                  Intellectus Partners, LLC
                                    1050 Battery Street, Suite 100, San Francisco, CA 94111
                                                    Phone: (415) 795-7830
                                                 www.intellectuspartners.com

A. Fees for Advisory Services
Wealth Management Services
Wealth management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
wealth management agreement. Certain Clients, at the discretion of the Advisor, may pay fees quarterly, at the end
of the calendar quarter, pursuant to the wealth management agreement. Wealth management fees are based on
the market value of assets under management using an average daily balance from the prior calendar quarter.
Wealth management fees generally range from 0.50% to 2.00% annually depending on various factors, including
the Client relationship’s size and complexity, number of objectives, specific reporting requirements, portfolio
restrictions and other account complexities. Certain Clients negotiate to pay fixed fees for wealth management
services.

The wealth management fee in the first calendar quarter of service is prorated from the inception date of the
account[s] to the end of the first calendar quarter and is based on the average daily balance of the Client’s account[s]
throughout the quarter. Wealth management fees may be adjusted to include deposits and withdrawals made in the
Client’s account[s] in order to reflect the updated assets under management. Fees are negotiable at the sole
discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with
the Advisor. All securities held in accounts managed by Intellectus will be independently valued by the Custodian.
The Advisor will conduct periodic reviews of the Custodian’s valuation to ensure accurate billing.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.

For certain wealth management Clients, in addition to the asset-based fee described above, the Advisor also
receives a portion of the gains in Client accounts, as described in Item 6.

Wealth Coaching Services - Wealth coaching fees consist of a one-time onboarding fee up to $5,000 as well as an
annual fee up to 0.75% which are paid quarterly, in arrears, pursuant to the terms of the wealth coaching agreement.
Wealth coaching fees are based on the market value of the “billable portfolio” which consists of the Client’s non-
discretionary assets under management agreed upon in the wealth coaching agreement, on the last day of the
previous quarter, as valued by the Client’s custodian.

For the first calendar quarter as a Wealth Coaching Client, the wealth coaching fee will be prorated from the effective
date of the agreement to the end of the first quarter of engagement.

Fees for Use of Independent Manager
For Client account[s] implemented through an Independent Manager, the Client’s overall fees may include
Intellectus’ investment advisory fee (as noted above) plus platform/Independent Manager fees and custodial fees,
as applicable. The Independent Manager may assume responsibility for calculating the Client’s fees and deducting
the Independent Manager’s fees from the Client’s account[s].

TAMP related charges are not included in the investment management fee you pay to Intellectus. You will be
charged, separate from and in addition to your investment management fee, any applicable TAMP fees as well as
applicable Independent Manager fees. Intellectus does not receive any portion of the fees paid directly to Dynasty
or the service providers made available through the TAMP, including the Independent Managers.

TAMP and Independent Manager fees are determined by the particular TAMP and Independent Manager[s] with
which Client assets are invested and are calculated based upon a percentage of assets under management, as
applicable. The program fee generally ranges up to 0.45% annually.

Clients should note the total fees reflected on custodial statements, reflecting three (3) deductions, represent the
aggregate of Intellectus’ investment management fee, TAMP/Independent Manager fee and custodial fee,
accordingly. Clients are urged to review such statements to determine the specific and aggregate fees associated
with assets placed with Independent Managers. Client should also review the investment management agreement
with Intellectus to determine the investment management fee paid to the Advisor.

                                                 Intellectus Partners, LLC
                                   1050 Battery Street, Suite 100, San Francisco, CA 94111
                                                   Phone: (415) 795-7830
                                                www.intellectuspartners.com

Private Fund Management
For each Series Fund, Intellectus receives a portion (up to 25%) of the profits earned by that Series Fund, in addition
to (for Intellectual Ventures) a one-time structuring fee of up to 3.00% of that Series Fund’s contributed capital or (for
Intellectus Capital) an annual management fee of up to 1.50% of that Series Fund’s capital commitments or
contributions. Clients should refer to each Series Fund Offering Memorandum for more information regarding each
Series Fund’s fees and related disclosures. Intellectus waives wealth management fees with respect to Client assets
...

Item 7 – Types of Clients

The Advisor’s Clients generally include high-net-worth individuals, trusts, estates, and private funds. The assets
under management for each type of Client is available on the Advisor's Form ADV Part 1A. These amounts will
change over time and are updated at least annually by the Advisor. For a separately managed account, Intellectus
generally requires a minimum relationship size of $5,000,000, which may be reduced at the sole discretion of the
Advisor. For wealth coaching services, Intellectus generally requires a minimum net worth size of $10,000,000,
which may be reduced at the sole discretion of the Advisor. Minimum investment amounts in Series Funds are
generally at least $50,000, and also may by waived by Intellectus. Independent Managers, if utilized, may also
have certain account minimums.