Las Olas Capital Advisors LLC

Item 5 Fees and Compensation
Las Olas Capital Advisers’ fees are based on the services provided. Fee rates are negotiable and outlined
in a written wealth management agreement executed with each client. Project based fees may be charged
where applicable to the services provided, such as corporate advising services, investment banking advice,
and non-transactional consulting.

Non-project client fees are generally charged quarterly in advance, although other arrangements may be
negotiated. LOCA typically submits the first invoice at the beginning of an engagement and bills clients on
a pro-rata basis for the days remaining in the quarter. Fees are directly deducted from clients’ investment
account.

A clients’ wealth management agreement can be cancelled at any time, by either party, as detailed in each
client’s agreement. Upon termination, fees are prorated based on the days remaining in the period and
LOCA refunds any prepaid, unearned fees.

The following is a summary of the fee arrangements for our primary advisory services:

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    •   Wealth Management Services, Wrap Program
        For additional information on our fees related to Wrap Program fees, refer to our Appendix 1 Wrap
        Fee Program Brochure.

    •   Wealth Management Services, Direct Investments
        Las Olas Capital Advisors’ fee is based on services provided to the client, the amount of client
        assets advised and the degree of complexity of the engagement. Advisory fees can be structured
        as asset-based or flat annual retainers. Asset-based fee arrangements are guided by LOCA’s
        standard asset-based pricing schedule, and fixed fee arrangements are based on the complexity
        of the engagement and negotiated between LOCA and each client. Fees are generally charged
        quarterly in advance.

    •   Financial Planning Services
        Fixed/flat ranges from $4,000 to $12,000 depending on complexity. Hourly fees start at $350 per
        hour, billed in 15-minute increments. Fee collection will be set forth in each client’s financial
        planning agreement and generally will involve an initial portion of the fee to be due and payable
        upon execution of the financial planning agreement, progress fees as work is performed, and any
        remaining balance to be paid upon completion of the work. Specific services and fees related to
        financial planning services will be addressed in each client’s financial planning agreement.

    •   Corporate Advising Services
        Services for analysis of investment opportunities generally range between 1% and 7% of the value
        of the transaction evaluated and are billed according to an engagement agreement. The fee will be
        based on services rendered from time to time as provided in a written invoice, which will depend
        on the nature and complexity of each client's circumstances. Las Olas Capital Advisors will quote
        the client a fee that is based on the estimate of the time it will take to complete the project. Billing
        periods may be monthly, quarterly, or annually.

    •   Investment Banking Advice
        Specific services and fees related to investment banking advice will be addressed in an
        engagement agreement. Fees for investment banking advice services are negotiated at Las Olas
        Advisors' discretion depending on the complexity and scope of each engagement. Fees will be
        invoiced as outlined in each client’s agreement. Fees are due upon receipt of the invoice.

        General fee structure for investment banking advice:
           o Engagement Fee              $50,000
           o Monthly Retainer Fee $25,000

    •   Non-Transactional Advice and Consulting
        Non-Transactional Advice and Consulting fees vary based on the nature and complexity of the
        project. The structure of the fee and payment details are outlined in the advisory or consulting
        agreement executed with each client. Fees will be invoiced as outlined in each client’s agreement.
        Fees are due upon receipt of the invoice.

Proprietary Private Fund Offerings
LOCA’s compensation associated with each proprietary private fund offering is unique based on the
specifics of the fund offering. Some examples of the different fee types that may be charged include, but
are not limited to, the following:
    •   Advisory fees on committed capital
    •   Annual investment management fees
    •   One-time closing fees, underwriting fees, portfolio construction fees
    •   Affiliated general partners also receive performance-based incentive fees

Potential investors should read and understand all private fund offering documents in their entirety prior to

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making any investment decisions.

LOCA may, in its sole discretion, enter into arrangements with investors under which fees are reduced,
waived or calculated differently with respect to such investors, including investors that are members,
affiliates, or employees of the Firm or any affiliate.

Other Expenses: Include, but are not limited to, legal, accounting, tax, bank, custodial, insurance,
consulting, technology, marketing, professional service fees and syndication expenses. This additional
expense, if applicable, will be detailed (including the responsible party) in the Fund's subscription
agreements and/or other offering documents. You should refer to the subscription agreement and other
offering documents of the Funds for a complete description of the fees, investment objectives, risks, and
other relevant information associated with investing in the Funds. Dispositions will be made in accordance
with the terms of the operating agreement and frequency is dependent on several factors. However, the
...

Item 7 Types of Clients
Las Olas Capital Advisors offers services to individuals, including high net worth individuals, pension and
profit-sharing plans, trusts, estates, charitable organizations, corporations, business entities and pooled
investment vehicles. These services may be offered through our Wrap Program. Please refer to Las Olas
Capital Advisor's Wrap Brochure, which appears as Part 2A Appendix 1 of the Adviser's Form ADV, for
additional information on minimum portfolio values, minimum fees, and the ability of Las Olas Capital
Advisors to waive stated minimums.

There may be certain investment minimums to participate in the Funds. Please refer to the subscription
agreement and other offering documents for a complete description of the fees, investment objectives,
risks, and other relevant information associated with investing in the Funds.