JK Private Wealth LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Asset Management:

                              Assets Under Management         Annual Fee %
                                 First $10,000,000.00           0 - 1.50%
                                 Over $10,000,000.00           Negotiable

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 quarterly in advance based on the value of the account(s) on the
last day of the previous quarter. Our firm bills on cash unless indicated otherwise in writing. Fees are
negotiable and will be deducted from client account(s). Our firm does not offer direct invoicing.

The maximum annual fee charged to clients utilizing the sub-advisory services of third-party
managers will not exceed 1.50%. This fee encompasses both our firm’s fee and the third-party’s fee.
Our firm will debit fees for this service as laid out in the executed advisory agreement between the
client and our firm. Third party money managers establish and maintain their own separate billing
processes over which we have no control. In general, they will directly bill you and describe how this
works in their separate written disclosure documents. The third-party money managers we
recommend will not directly charge you a higher fee than they would have charged without us
introducing you to them.

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;

ADV Part 2A – Firm Brochure                      Page 5                               JK Private Wealth, LLC

    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.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian via individual
transaction charges. These transaction fees are separate from our firm’s advisory fees and will be
disclosed by the chosen custodian. Charles Schwab & Co., Inc. (“Schwab”) does not charge transaction
fees for U.S. listed equities and exchange traded funds.

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
service 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.

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
Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
us.

ADV Part 2A – Firm Brochure                   Page 6                                JK Private Wealth, LLC