Investment Office Resources LLC

Fees and Compensation

The following types of fees will be assessed:

Asset Management – Fees are charged quarterly in arrears and are based primarily on asset size
and the level of complexity of the services provided. In individual cases, IOR has the sole
discretion to negotiate fees that are lower than the standard fee shown or to waive fees. In
certain instances, fees may be based on the share of capital gains or capital appreciation of the
funds or any portion of the funds. Comparable services for lower fees may be available from
other sources. Fees for the initial quarter will be prorated based upon the number of calendar
days in the calendar quarter that the advisory agreement is in effect. Fees are based on the
market value of the assets on the last business day of the quarter. Annual fees are assessed at a
maximum of 1.00%. Consulting services are included in these fees for asset management
services.

As authorized in the client agreement, the account custodian withdraws Investment Office
Resources, LLC’s advisory fees directly from the clients’ accounts according to the custodian’s
policies, practices, and procedures. The custodial statement includes the amount of any fees paid
to IOR for advisory services. You should carefully review the statement from your
custodian/broker-dealer’s statement and verify the calculation of fees. Your custodian/broker-
dealer does not verify the accuracy of fee calculations.

Fees are charged in arrears on a quarterly basis, meaning that advisory fees for a quarter are
charged on the first day of the following quarter. Clients may terminate investment advisory
services obtained from IOR, without penalty, upon written notice within five (5) business days
after entering into the advisory agreement with IOR. The client is responsible for any fees and
charges incurred by the client from third parties as a result of maintaining the account such as
transaction fees for any securities transactions executed and account maintenance or custodial
fees. Thereafter, the client may terminate advisory services upon written notice delivered to and
received by IOR. Clients who terminate investment advisory services during a quarter are
charged a prorated advisory fee based on the date of IOR’s receipt of client’s written notice to
terminate. Any earned but unpaid fees are immediately due and payable, and any prepaid and
unearned fees will be immediately refunded.

Additional Fees and Expenses

In addition to advisory fees paid to IOR as explained above, clients may pay custodial service,
account maintenance, transaction, and other fees associated with maintaining the account. These
fees vary by broker and/or custodian. Clients should ask IOR for details on transaction fees or
other custodial fees specific to their account, as these fees are not included in the annual advisory
fee. IOR does not share any portion of such fees. Additionally, for any mutual funds purchased,
the client may pay their proportionate share of the funds’ distribution, internal management,
investment advisory and administrative fees. Such fees are not shared with IOR and are
compensation to the fund manager. Clients are urged to read the mutual fund prospectus prior to
investing.

Mutual fund companies impose internal fees and expenses on clients. These fees are in addition
to the costs associated with the investment advisory services as described above. Complete
details of such internal expenses are specified and disclosed in each mutual fund company’s
prospectus. Clients are strongly advised to review the prospectus(es) prior to investing in such
securities.

Mutual funds purchased or sold in broker-dealer accounts may generate transaction fees that
would not exist if the purchase or sale were made directly with the mutual fund company.
Mutual funds held in broker-dealer accounts also charge management fees. These mutual fund
management fees may be more or less than the mutual fund management fees charged if the
client held the mutual fund directly with the mutual fund company.
Clients may purchase shares of mutual funds directly from the mutual fund issuer, its principal
underwriter, or a distributor without purchasing the services of IOR or paying the advisory fee on
such shares (but subject to any applicable sales charges). Certain mutual funds are offered to the
public without a sales charge. In the case of mutual funds offered with a sales charge, the
prevailing sales charge (as described in the mutual fund prospectus) may be more or less than the
applicable advisory fee. However, clients would not receive IOR’s assistance in developing an
investment strategy, selecting securities, monitoring performance of the account, and making
changes as necessary.

Please refer to Item 12 “Brokerage Practices” of this brochure for additional information.

Form ADV, Part 2A, Item 6

          Performance-Based Fees and Side-By-Side Management

In certain cases, Investment Office Resources, LLC may charge performance-based fees or
participate in side-by-side management. Side-by-side management refers to the practice of
managing accounts that are charged performance-based fees while at the same time managing
accounts that are not charged performance-based fees. Performance-based fees are fees that are
based on a share of capital gains or appreciation of the assets of a client. Our fees are calculated
as described in Fees and Compensation section above and may include fees charged on the basis
of performance of your advisory account. Performance-based fees may only be charged upon

your written consent in a mutually executed client agreement. Terms of the performance-based
fees will be set forth in the client agreement itself.

Form ADV, Part 2A, Item 7

Types of Clients

IOR offers investment advisory services to family offices, multiple family offices, corporations,
non-profit organizations, and any other organizations needing enhanced skill sets within their
investment operations.

Form ADV, Part 2A, Item 8

      Methods of Analysis, Investment Strategies, and Risk of Loss

Based on IOR’s business model, a discussion of analysis methods, investment strategies and risk
of loss are moot. IOR’s provision of services are not directed to retail investment accounts.

Form ADV, Part 2A, Item 9