McCarter Private Wealth Services LLC

ITEM 5: FEES AND COMPENSATION

Portfolio Management Services Fees
The annual fee charged by the Company for Portfolio Management Services is charged as a
percentage of assets under management, according to the schedule below:

                      Assets under management                Annual Fee (%)
                               Up to $1 Million                     1.10 %
                               $1 Million to $3 Million               .95 %
                               $3 Million to $5 Million               .85 %
                               $5 Million to $10 Million              .75 %
                               $10 Million to $15 Million             .65 %
                               $15 Million and above                  .55 %
Clients are invoiced every three months in arrears (payment will be made after the quarter has
ended), on the first day of March, June, September and December, based upon the value (market
value or fair market value in the absence of market value, plus any credit balance or minus any
debit balance), of the client's account at the end of the previous three months. If the agreement is
executed at any time other than the first day of the calendar quarter, our fees will apply on a pro
rata basis, which means that the fee is payable in proportion to the number of days in the quarter
for which you are a client. Provided that the client has given written authorization, fees are
deducted directly from a client's custodial account. At the Company’s discretion, our Portfolio
Management Services fee is negotiable, depending on individual client circumstances.

Our recommendations to use sub-advisers are included in our Portfolio Management Services fee.
We do not charge you a separate fee for the selection of other advisers. Advisory fees are collected
from each client quarterly and we pay the sub-adviser their portion of the fees.

Cash Management Services Fees
Clients utilizing our Cash Management Services are charged between 0.30% and 0.50% per year,
based on assets under management with the Company. Fees are charged quarterly in arrears and
are based on the assets under management at the end of the previous three months. Fees for the
service are negotiable, based on the client’s particular facts and circumstances. If the agreement is
executed at any time other than the first day of the calendar quarter, our fees will apply on a pro
rata basis, which means that the fee is payable in proportion to the number of days in the quarter
for which you are a client. Provided that the client has given written authorization, fees are
deducted directly from a client's custodial account.

A client agreement for any of our services may be canceled at any time, by either party, for any
reason upon receipt of ten days prior written notice. Upon termination of an account any earned,
unpaid fees will be due and payable. The client has the right to terminate an agreement without
penalty within five business days after entering into the agreement.

Additional Fees
As part of our investment adviser services to you, we may invest, or recommend that you invest,
in mutual funds and ETFs. The fees that you pay to our firm for investment adviser services are
separate and distinct from the fees and expenses charged by mutual funds or ETF’s (described in
each fund's prospectus) to their shareholders. These fees will generally include a management fee
and other fund expenses. You will also incur transaction charges and/or brokerage fees when
purchasing or selling securities. These charges and fees are typically imposed by the broker-dealer
or custodian through whom your account transactions are executed. We do not share in any portion
of the brokerage fees/transaction charges imposed by the broker-dealer or custodian. To fully
understand the total cost you will incur, you should review all the fees charged by mutual funds,
ETFs, our firm, and others. For information on our brokerage practices, refer to the Brokerage
Practices section of this brochure.

ITEM 7: TYPES OF CLIENTS

The Company typically offers investment adviser services to individuals, trusts, estates, charitable
organizations, and corporations. We require no minimum fee or account size to engage the
Company for services.