Linepoint Partners & Co LLC

Item 5 – Fees and Compensation

 Fees for Advisory Services
 When a Client engages LinePoint to provide investment advisory services, LinePoint charges an advisory fee.
 Fees for advisory services are generally calculated as a percentage of the total market value of the managed
 assets.

 Financial Advisors set their own advisory fees for their services, as long as the maximum advisory fees do not
 exceed 2.00% of the total portfolio assets committed to the IAR. Fees are negotiated on an individual basis at
 the time of the engagement for such services. Financial Advisors consider various factors in determining what
 advisory fee to charge, which may include, without limitation, complexity of the portfolio, amount of assets
 to be placed under management, related accounts, the nature and size of the overall Client relationship with
 the Financial Advisor, the type of advisory services likely to be provided through the Financial Advisor, or
 other special circumstances. The specific fee schedule will be identified in the advisory agreement between
 the Client and LinePoint. All advisory fees are subject to the Advisor’s supervision and review for consistency
 and fairness.

 Advisory fees for investment advisory services are generally calculated and paid quarterly, in advance of each
 calendar quarter, based on the market value of assets under management at the end of the prior quarter. The
 specific timing of fee invoicing and deduction is governed by each Client’s advisory agreement. LinePoint
 may adjust the timing of fee invoicing or deduction on a Client-by-Client basis, provided that such adjustment
 is consistent with the Client’s advisory agreement and fees are calculated using the methodology described
 herein. Any such adjustment will be reflected in the Client’s billing statement with sufficient detail to identify
 the fees applicable to each period. Fees will be assessed within the calendar year in which services are
 performed.

 The advisory service fee for the initial calendar quarter in which an account is opened will be due and payable
 in the quarter immediately following account funding and is prorated from the inception date of the account(s)
 to the end of the initial quarter. For the calendar quarter in which an advisory agreement is terminated, any
 paid but unearned fees will be refunded to the Client within thirty (30) calendar days of the effective date of
 termination, based on the number of days remaining in the billing period following the termination date, and
 any fees due to LinePoint from the Client will be invoiced or deducted from the Client’s account prior to
 termination. LinePoint will provide the Client with supporting detail of any fee refund or amount owed at the
 time of termination. Upon termination of a Client’s advisory agreement, the Client will be charged all usual
 fees for transactions and services provided with respect to the Client’s account.

 Generally, LinePoint requires Clients to authorize the direct debit of advisory service fees from their accounts.
 However, certain exceptions may be granted, subject to LinePoint’s written consent, to permit Clients to be
 billed directly for advisory service fees. The Client may withdraw this authorization for direct debit of the
 advisory service fee at any time by notifying LinePoint or its custodian in writing. If the cash portion of an
 account is insufficient to pay the advisory service fee, LinePoint may direct the custodian to liquidate assets
 selected by LinePoint to pay such fees.

 LinePoint may compensate its Financial Advisors based upon the revenues derived from accounts that they
 service. In such case, the Financial Advisor generally maintains the authority to determine/negotiate the
 advisory fee percentage. In addition, experienced Financial Advisors moving their practices to LinePoint may

LinePoint Partners & Co., LLC – Form ADV Part 2A                                                             Page 8

 have received loans or other financial incentives based on reaching certain asset levels or revenues generated.
 Thus, conflicts of interest exist because the higher the advisory fee, the greater the Financial Advisor’s
 compensation. The Advisor seeks to mitigate these potential conflicts of interest by imposing suitability
 requirements and maintaining a supervisory system that includes conducting periodic compliance inspections
 and audits of each Financial Advisor and his or her book of business. This conflict of interest is further
 mitigated by fiduciary obligations and regulatory and compliance rules and procedures to which the Advisor
 and the IARs are subject.

 Family Office Platform Fee
 Separate and distinct from the advisory fee described above, LinePoint imposes a fee for accessing and
 utilizing its family office platform (the “Platform Fee”). The Platform Fee compensates for distinct services,
 tools, and infrastructure not covered by the advisory fee and is designed to support IARs of LinePoint for the
 benefit of their respective Client accounts that they manage. These include, but are not limited to, technology
 and software, administration, custody, investment support and research, access to a network of service
 providers, billing and reporting, operational and back-office support, compliance, professional liability
 insurance, ongoing platform development, and advanced planning support, among other related items.

 For the avoidance of doubt, unless otherwise disclosed, the Platform Fee is charged to Client accounts in
 addition to the advisory fee described above, and therefore increases the total cost of services borne by the
 Client.

 LinePoint’s Platform Fee is an asset-based fee, calculated based on the value of Client assets under
 management, and is generally calculated as a percentage of the Client’s advisory fee, which is itself asset-
 based. The Platform Fee will not exceed 50% of the Client’s advisory fee, which results in a maximum
...

Item 7 – Types of Clients

 LinePoint offers investment advisory services to individuals, high net worth individuals, families, family
 offices, trusts, estates, businesses, charitable organizations, non-profit and political organizations, and private
 pooled investment vehicles (each referred to as a “Client” or collectively as “Clients”). A description of the
 assets under management of LinePoint attributable to each type of Client is available on LinePoint’s Form
 ADV Part 1A. These amounts may change over time and are updated at least annually by the Advisor.
 LinePoint generally does not impose a minimum relationship size.

 Affiliated Private Fund
 The Advisor provides investment advisory services to its Affiliated Funds through an investment management
 agreement entered into by and between the Advisor and the Affiliated Funds. For the avoidance of any doubt,
 such Affiliated Funds are considered Clients of the Advisor. Any investment in an Affiliated Fund made on
 the basis of information inconsistent with or not contained in the Offering Documents will be at the sole risk
 of the investor. Prospective Affiliated Fund investors are required to complete a subscription agreement,
 which will include disclosure of certain information necessary to substantiate the investor’s identity and
 investment qualifications.

 End of section.

LinePoint Partners & Co., LLC – Form ADV Part 2A                                                              Page 16