Iron Gate Global Advisors LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Comprehensive Portfolio Management:

The maximum annual fee charged for this service will not exceed 1.75%. Fees to be assessed will be
outlined in the advisory agreement to be signed by the Client. Annualized fees are billed on a pro-
rata basis monthly or quarterly in advance or in arrears based on the value of the account(s) on the
last day of the previous month OR quarter. Fees are negotiable and will be deducted from client
account(s). Adjustments will be made for deposits and withdrawals during the quarter. In rare cases,
our firm will agree to directly invoice. Further, it is important to note that our firm assesses advisory
fees on cash and cash equivalents held in client accounts. As part of this process, Clients understand
the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the Assets and all account disbursements, including the
       amount of the advisory fees paid to our firm.
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
       information provided in our statement with those from the qualified custodian will be
       included.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or a fee based on the
percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee
charged, is based on the scope and complexity of our engagement with the client. Fees based on a
percentage of managed Plan assets will not exceed 1.00%. The fee-paying arrangements will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement.

Financial Planning & Consulting:

Our firm charges on a flat fee basis for financial planning and consulting services. The total estimated
fee, as well as the ultimate fee charged, is based on the scope and complexity of our engagement with
the client. Flat fees will range from $1,000 to $5,000. The fee-paying arrangements will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement. Our firm
will not require a retainer.

Additionally, for our firm’s asset management clients, the fee will be considered paid in quarterly
installments via their asset management fees. If a client decides to remove us from managing his/her
assets, any remaining financial planning fee will become due at the time of separation.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian based on individual
transaction charges. These transaction fees are separate from our firm’s advisory fees and will be
disclosed by the chosen custodian. However, it is important to note that Charles Schwab & Co., Inc.
(“Schwab”) no longer charges commissions on domestic equity and exchange traded fund
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transactions. Clients may also pay holdings charges imposed by the chosen custodian for certain
investments, charges imposed directly by a mutual fund, index fund, or exchange traded fund,
which shall be disclosed in the fund’s prospectus (i.e., fund management fees, initial or deferred sales
charges, mutual fund sales loads, 12b-1 fees, surrender charges, variable annuity fees, IRA and
qualified retirement plan fees, and other fund expenses), mark-ups and mark-downs, spreads paid to
market makers, fees for trades executed away from custodian, wire transfer fees and other fees and
taxes on brokerage accounts and securities transactions. Our firm does not receive a portion of these
fees.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Asset Management and
Comprehensive Portfolio Management services in writing at any time. Upon notice of termination
our firm will process a pro-rata refund of the unearned portion of the advisory fees charged in
advance.

Financial Planning & Consulting clients may terminate their agreement at any time before the
delivery of a financial plan by providing written notice. For purposes of calculating refunds, all work
performed by us up to the point of termination shall be calculated at the hourly fee currently in effect.
Clients will receive a pro-rata refund of unearned fees based on the time and effort expended by our
firm.

Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation occurs
within 5 business days of signing an agreement. After 5 business days from initial signing, either
party must provide the other party 30 days written notice to terminate billing. Billing will terminate
30 days after receipt of termination notice. Clients will be charged on a pro-rata basis, which takes
into account work completed by our firm on behalf of the client. Clients will incur charges for bona
fide advisory services rendered up to the point of termination (determined as 30 days from receipt
of said written notice) and such fees will be due and payable.

Commissionable Securities Sales

Our firm and representatives do not sell securities for a commission in advisory accounts.

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals.
   • Trusts, Estates or Charitable Organizations.
   • Profit Sharing Plans.
   • Corporations, Limited Liability Companies and/or Other Business Types

ADV Part 2A – Firm Brochure                      Page 8

Our firm requires a minimum account balance of $250,000 for our Comprehensive
Portfolio Management Service. This minimum may be waived at managements sole discretion.

Some of our options strategies are not suitable or permissible for use in certain retirement-type
accounts due to regulatory limitations and suitability considerations. While we may utilize some
options strategies in retirement accounts, others, particularly those with higher complexity or risk,
require a $1,000,000.00 account minimum and must be implemented in taxable accounts. Examples
of retirement-type accounts where certain options strategies may not be used include IRAs, Roth
IRAs, and 401(k)s.