Neil Jesani Wealth Management LLC

Item 5 Fees and Compensation

Asset Management Fees
Pursuant to an investment advisory contract signed by each client, the client will pay Neil Jesani
Wealth Management an annual management fee, payable quarterly in arrears, based on the value
(market value or the value as provided by the custodian) of portfolio assets of the account managed
by the Advisor on the last business day of the quarter.

       Assets Under Management:               Annual Fee:
       First $1 million                       1.80 %
       $1,000,001 – $3 million                1.70 %
       $3,000,001 – $6 million                1.60 %
       $6,000,001 – $25 million               1.50 %
       Over $25 million                       1.20%

Fees will be calculated on a blended tier schedule. For example, a $6 million account fee would
be calculated quarterly as follows: ($1 million x 1.80%) + ($2 million x 1.70%) + ($3 million x
1.60%) = ($18,000 + $34,000 + $48,000) / 4 = $25,000 quarterly fee.

These fees may be negotiated based at the sole discretion of the Advisor. In certain limited
circumstances, the Advisor may agree with the client to charge a fixed annual management fee of
up to 1.80%, payable quarterly, in arrears, based on the value of the account managed by the
Advisor on the last business day of the quarter. The Advisor may determine based on the
circumstances of the overall client relationship, that certain accounts of a client may be charged a
reduced asset management fee or no asset management fee. Accordingly, rates may vary based
on a variety of factors. For example, in determining the fee and rate, the Advisor may aggregate
related accounts and, for billing purposes, treat them like one account. If the Advisor agrees with
the client to aggregate accounts, the Advisor will identify in the Investment Advisory Agreement
the accounts to be aggregated or, if after the Investment Advisory Agreement has already been
executed, in the client file maintained by the Advisor.

Asset management fees will be directly deducted from the client account on a quarterly basis by
the qualified custodian. New account fees will be prorated from the inception of the account to
the end of the first quarter (for partial billing periods, the fee will be based upon the number of
days the account was open during the billing period). The client will give written authorization
permitting the Advisor to be paid directly from their account held by the custodian. The custodian

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will send a statement at least quarterly to the client. The Advisor will not include unmanaged or
static assets in its portfolio management fee calculations.

Neil Jesani Wealth Management offers a fee rebate program for clients who refer potential new
clients to the Advisor. Clients who refer the Advisor to a prospect may be eligible to receive a
rebate on advisory fees of up to $1,000 per annum on a rolling 12-month basis. Please see Item

Item 7 Types of Clients

The Advisor will offer its services to individuals, trusts, estates, or charitable organizations,
corporations, and other business entities.

The Advisor’s cumulative minimum account requirement for opening and maintaining an account
is $500,000. However, based on facts and circumstances the Advisor may, at its sole discretion,
accept accounts with a lower value.