LVW Advisors LLC

Item 5. Fees and Compensation
Investment Management Fees

LVW Advisors generally provides its services (which m ay include financial planning and consulting) for an advisory fee
based upon a percentage of the market value of the client’s assets. The advisory fee varies, depending upon the market
value of the assets under m anagem ent, and generally coincides with the following annual fee schedule:

                                 PORTFOLIO VALUE           ANNUAL FEE
                                 First $10,000,000         1.00%
                                 Next $15,000,000          0.50%
                                 Next $25,000,000          0.40%
                                 Above $50,000,000         0.30%

The Firm ’s advisory fee is prorated and payable quarterly, in advance, based upon the m arket value of the assets on
the last day of the previous quarter.

All advisory fees are negotiable. LVW Advisors, in its sole discretion, m ay require a greater annual fee than the m aximum
am ount set forth in the table above, if the Firm deems the account size, com plexity, service to be provided or other
factors warrant a higher advisory fee. The Firm also reserves the right to negotiate a lesser advisory fee with certain
clients based upon any of a num ber of criteria, such as anticipated future earning capacity, anticipated future additional
assets, dollar am ount of assets to be m anaged, related accounts, account com position, preexisting client, account
retention, or pro bono activities. Fees are assessed on cash and cash equivalents in certain situations. Accrued interest
and dividends and m argin or other borrowing balances generally are included in the m arket value on which fees are
assessed.

In lim ited circum stances, the Firm m ay also provide these services for a fixed advisory fee which will be negotiated on
a case-by-case basis.

As m entioned above, clients m ay also engage LVW Advisors to provide advice regarding loans. In such circum stances,
LVW Advisors will work with clients to determine what their needs are, find an appropriate loan, and then provide advice
regarding the loan on an ongoing basis. LVW Advisors has a conflict in providing these services because the Firm does
not receive an advisory fee unless clients receive a loan.

We offer clients the option of obtaining certain financial solutions from unaffiliated third -party financial institutions
through UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc. and its affiliates, “UPTIQ”). Focus Financial
Partners, LLC (“Focus”) is a m inority investor in UPTIQ, Inc. UPTIQ is com pensated by sharing in the revenue earned
by such third-party financial institutions for serving our clients. The revenue paid to UPTIQ also benefits UPTIQ, Inc.’s
investors, including Focus, our parent com pany. When legally perm issible, UPTIQ also shares a portion of this earned
revenue with our affiliate, Focus Solutions Holdings, LLC (“FSH”). For securities-backed lines of credit (“SBLOCs”) made
to our clients, UPTIQ will share with FSH up to 75% of all revenue it receives from such third-party financial institutions.
For other loans (except residential m ortgage loans) m ade to our clients, UPTIQ will share with FSH up to 25% of all
revenue it receives from such third-party financial institutions. For cash m anagement products and services provided to
our clients, UPTIQ will share with FSH up to 33% of all revenue it receives from the third -party financial institutions and
other interm ediaries that provide adm inistrative and settlement services in connection with this program. Although the
am ount of these revenue-sharing payments to FSH is not charged directly in the calculation of the interest rate paid by
clients on credit solutions facilitated by UPTIQ or the yield earned by clients on cash m anagement solutions facilitated
by UPTIQ, the com pensation earned by UPTIQ is an expense of the third-party financial institutions that inform s the
interest rate paid by clients on credit solutions and the yield earned by clients on cash m anagement solutions. Further
inform ation on this conflict of interest is available in Item 10 of this Brochure.

We help our clients obtain certain insurance solutions by introducing clients to our affiliate, Focus Risk Solutions, LLC
(“FRS”), a wholly owned subsidiary of our parent com pany, Focus Financial Partners, LLC. FRS assists our clients with
regulated insurance sales activity by advising our clients on insurance m atters and placing insurance products for them
and/or referring our clients to certain third-party insurance brokers (the “Brokers”), with whom FRS has ag reements,
which either separately or together with FRS place insurance products for them. If FRS places an insurance product or
refers one of our clients to a Broker and there is a subsequent purchase of insurance through the Broker, then FRS will

receive a portion of the upfront and/or ongoing commissions associated with the sale by the insurance carrier with which
the policy was placed. The am ount of revenue earned by FRS for the sale of these insurance products will vary over
tim e in response to m arket conditions and will also differ based on the type of insurance product sold and which Broker
placed the policy. The am ount of insurance commission revenue earned by FRS is considered for purposes of determining
the am ount of additional compensation that certain of our financial professionals are entitled to receive. Additionally, in
exchange for allowing certain of the Brokers to participate in the FRS platform and, thereby, to offer their services to
our clients and certain of our affiliates’ clients, FRS receives periodic fees (the “Platform Fees”) from such Brokers. The
Platform Fees are expected to change over tim e. Such Platform Fees are revenue for FRS and, ultim ately, for our
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Item 7. Types of Clients

LVW Advisors generally provides its services to individuals and fam ilies, including prominent entrepreneurs, executives,
athletes, artists and entertainers; foundations, fam ily partnerships, lim ited partnerships, and not -for-profit institutions
prim arily in healthcare and education; and retirem ent plans.