KDK Private Wealth Management LLC

Item 5. Fees and Compensation
      KDKPWM offers services for a fee based upon assets under management or advisement.

      Wealth Management Fees

      KDKPWM offers wealth management services for an annual fee based on the amount of assets under the
      Firm’s management. The annual fee ranges up to 1.0% and is prorated and charged monthly in arrears based
      upon the market value of the assets being managed by KDKPWM on the last day of the previous billing
      period. Accounts within a Household are aggregated for fee billing purposes and calculated in a manner
      specified in the client contract. Household accounts are defined as individuals and/or married spouses that
      could include minor children and Fee Groups (sum of all Households that make up that billing relationship).
      For the initial period of an engagement, the fee is calculated on a pro rata basis. In the event the advisory
      agreement is terminated, the fee for the final billing period is prorated through the effective date of the
      termination.

      Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
      held-away assets, accommodation accounts, alternative investments, etc.), KDKPWM may negotiate a fee
      rate that differs from the range set forth above. Clients are advised that a conflict of interest exists for the
      Firm to recommend that clients engage KDKPWM for additional services for compensation, including
      rolling over retirement accounts or moving other assets to the Firm’s management. Clients retain absolute
      discretion over all decisions regarding engaging the Firm and are under no obligation to act upon any of the
      recommendations.

      Reporting Services
      The Firm offers clients portfolio reporting services for an annual fee ranging up to .20%. The annual fee is
      prorated and charged monthly in arrears based upon the market value of the assets being reported on by
      KDKPWM on the last day of the previous billing period. For the initial period of an engagement, the fee is
      calculated on a pro rata basis. In the event the advisory agreement is terminated, the fee for the final billing
      period is prorated through the effective date of the termination.

      Additional Fees and Expenses

      In addition to the advisory fees paid to KDKPWM, clients also incur certain charges imposed by other third
      parties, such as broker-dealers, custodians, trust companies, banks and other financial institutions
      (collectively “Financial Institutions”). These additional charges include securities brokerage commissions,
      transaction fees, custodial fees, fees attributable to alternative assets, reporting charges, fees charged by the
      Independent Managers, charges imposed directly by a mutual fund or ETF in a client’s account, as disclosed
      in the fund’s prospectus (e.g., fund management fees and other fund expenses), deferred sales charges, odd-
      lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage

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 Disclosure Brochure

      accounts and securities transactions. The Firm’s brokerage practices are described at length in Item 12,
      below.

      Direct Fee Debit

      Clients provide KDKPWM and/or certain Independent Managers with the authority to directly debit their
      accounts for payment of the investment advisory fees. The Financial Institutions that act as the qualified
      custodian for client accounts, from which the Firm retains the authority to directly deduct fees, have agreed
      to send statements to clients not less than quarterly detailing all account transactions, including any amounts
      paid to KDKPWM. Alternatively, clients may elect to have KDKPWM send a separate invoice for direct
      payment.

      Account Additions and Withdrawals

      Clients can make additions to and withdrawals from their account at any time, subject to KDKPWM’s right
      to terminate an account. Additions can be in cash or securities provided that the Firm reserves the right to
      liquidate any transferred securities or declines to accept particular securities into a client’s account. Clients
      can withdraw account assets on notice to KDKPWM, subject to the usual and customary securities
      settlement procedures. However, the Firm designs its portfolios as long-term investments, and the
      withdrawal of assets may impair the achievement of a client’s investment objectives. KDKPWM may
      consult with its clients about the options and implications of transferring securities. Clients are advised that
      when transferred securities are liquidated, they may be subject to transaction fees, short-term redemption
      fees, fees assessed at the mutual fund level (e.g., contingent deferred sales charges) and/or tax ramifications.

Item 7. Types of Clients
      KDKPWM offers services to individuals, trusts, estates, charitable organizations, corporations and business
      entities.

      Minimum Account Value

      As a condition for starting and maintaining an investment management relationship, KDKPWM imposes a
      minimum portfolio value of $5,000,000. KDKPWM may, in its sole discretion, accept clients with smaller
      portfolios based upon certain criteria, including anticipated future earning capacity, anticipated future
      additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing
      client, account retention, and pro bono activities. KDKPWM only accepts clients with less than the minimum
      portfolio size if the Firm determines the smaller portfolio size will not cause a substantial increase of
      investment risk beyond the client’s identified risk tolerance. KDKPWM may aggregate the portfolios of
      family members to meet the minimum portfolio size.