Newbridge Wealth Management LLC

Item 5. Fees and Compensation
Newbridge is compensated by charging fees to clients. Our compensation does not include commissions,
precluding the well-documented conflict of interests that arise with financial arrangements related to
security products. Therefore, we have no financial incentive in recommending one financial product over
another. Moreover, we provide full disclosure to our clients about what they are paying us, how it is being
paid, and when payments are made.

Wealth Consulting Fee

In general, for wealth consulting we are compensated by applying a flat fee arrangement. The fee typically
ranges from $500 to $10,000 per annum. Each engagement depends on the scope and type of services being
pledged to the client and their reasonable value within a competitive marketplace. Other factors include
the time required and the skill required to perform the services. The fee is established with new clients at
the outset. It is paid in four equal installments in advance, and in some cases in arrears, (every three months)
during the year. Each year the fee is reevaluated based on the above factors. In very limited cases, we may

agree to a by-the-hour service for a client.

Portfolio Management Fee

In general, for investment management services we charge an asset-based fee. We have no minimum on
Assets Under Management (AUM). The fee typically starts at 125 basis points (or 1.25%) annually and is
adjusted according to the following breakpoint schedule:

AUM                                            Rate
Less than or equal to $500k                    1.25% per annum
Between $500k - $1 million                     ≤ 125 basis points (1.25% per annum)
Between $1 million - $2.5 million              ≤ 100 basis points (1.00% per annum)
Between $2.5 - $4.5 million                    ≤ 75 basis points (0.75% per annum)
Between $4.5 - $5.5 million                    ≤ 55 basis points (0.55% per annum)
Between $5.5 - $7.0 million                    ≤ 45 basis points (0.45% per annum)
Between $7.0 - $10 million                     ≤ 35 basis points (0.35% per annum)
Greater than $10 million                       TBD, negotiable

This fee is paid in four installments during the year. Each installment is determined by applying the annual
fee (%) to the AUM on the date of payment and dividing it by four to account for the coming three months
of service (1/4 of the year). All fees are negotiable. In some cases, the minimum AUM threshold will be
waived, and in very limited cases, if requested by the client, we will also bill this fee in arrears.

Upon client request, we may combine the wealth consulting fee and investment management fee using a
single method. The overarching goal is to arrange fair compensation for service, regardless of the method(s)
used.

General Information on Compensation

Each Newbridge client signs an Advisory Agreement (the "Agreement") which continues in effect until
terminated by written notice in accordance with the terms of the Agreement. The client is permitted to
cancel their Agreement for service within five (5) business days of signing it and be repaid all fees which
may have been assessed. Thereafter, they may cancel their Agreement at any time by giving the firm thirty
(30) days written notice, in which case we refund any unused, pro rata fee to them.

Except for when clients choose to pay fees by personal check or credit, our Agreement (and the limited

authority we have with the financial institutions) authorizes us, by submission directly to the financial
institution, to debit a client’s account for our fee and to remit that fee directly to us in accordance with
applicable custody rules. We deliver an itemized billing receipt to the client for each charge. Within the
billing receipt we include the formula (if applicable) used to calculate the fee, the time covered by the fee,
and the amount of assets under management upon which the fee was based. In addition, the independent
broker dealer(s) sends a statement to the client, at least quarterly, with line items indicating fees disbursed
directly to Newbridge. The financial institution(s) will not determine whether the fee is accurate.

Fees Charged by Third-Party Financial Institutions

As disclosed in Item 12 below, Newbridge utilizes the brokerage and clearing services of Schwab
Institutional, a division of Charles Schwab & Co., Inc. (“Schwab”) (a “Broker Dealer”) and Altruist
Financial LLC (“Altruist”), a member of FINRA/SIPC and a subsidiary of The Bank of New York Mellon
Corporation.

Clients incur certain charges by Broker Dealers (and other third parties), such as fees charged by mutual
fund companies and exchange-traded funds, which shall be disclosed in the fund’s prospectus (e.g. - fund
management fees), deferred sales charges, odd lot differentials, transfer taxes, wire transfer and electronic
fund fees and other fees and taxes on brokerage accounts and securities transactions. Additionally, clients
can incur brokerage commissions and transaction fees. Newbridge does not receive these forms of
compensation.

Fees Received from Third-Party Financial Institutions

As disclosed in Items 10 and 14 below, Newbridge Tax Services, LLC, an affiliated entity, receives solicitor
fees for referring Newbridge clients to an independent tax preparer doing business as Friendly Tax
Advisors.

Item 7. Types of Clients
We provide our services to individuals, high net worth individuals, pension and profit-sharing plans, trusts,
estates, charitable organizations (including foundations and endowments), corporations, and business
entities. We serve corporate executives, business owners and retirees. We cater to the client who prefers
personal, boutique service from a small team of senior advisers rather than a group-oriented approach
available from large financial institutions.

Item 8. Investment Strategies and Risk of Loss
Newbridge engages in "macro-tactical" asset allocation as the investment strategy for investment portfolios.
With this approach, the primary investment decision is the broad mix of asset classes, defined as stocks,
bonds, real estate, commodities, and currencies. It is our belief the combination of these asset classes is the
dominant factor for determining investment returns over complete business cycles (typically 5-10 years).
The selection of investment securities within any particular asset class, while also important, is a distant
second to the asset allocation. Therefore, we tend to favor investment securities which track market indexes
rather than attempt to outpace them. We also, to a lesser extent, draw from a short list of those investment
managers who have demonstrated an uncanny ability to add value to their respective indexes over the long
term.

We tap a multitude of sources to perform investment research. Among those are investment trade journals,
publications, and online sources which provide investment data and opinion. Publicly available government
data is used to track economic trends. In addition, investment analysts are an important source.

Regarding the types of securities, we typically use the conventional mutual fund. Also used are exchange-
traded funds and individual securities. As previously stated, the type of security is less important to our
process than the asset class it represents, the style of management it falls under, and the quality of the
investment manager. We rarely consider use of unconventional investment instruments or any levered
products.

We incorporate certain non-traditional asset classes to enhance diversification within a portfolio and strive
for more investment return. These non-traditional asset classes may include commodities, currencies and
non-correlated trading strategies.

Risk of Loss

Investing involves a risk of loss that clients should be prepared to bear. There is no “free lunch” in investing
and guarantees aren't worth the paper on which they are written. We are as much risk managers as
investment managers. Managing investment risk within portfolios, and more generally, within the client's

financial profile, is our principal concern and, indeed, at the heart of our investment strategy. We think our
approach inherently adds value, in part, by defending the investment capital of our clients during market
under-performance. That said, there is no assurance that client investment portfolios will meet their
investment objectives, nor is there a guarantee of continuous gains.

What follows is a more detailed description of the specific risks inherent in the strategies and securities we
recommend:

Market Risk: Market risk involves the possibility that an investment’s current market value will fall because
of a general market decline, reducing the value of the investment regardless of other factors. In general,
unexpected local, regional or global events and their aftermaths, such as pandemics, could have a significant
adverse impact on the economy, and business activity in any of the areas in which client investments may
be located. Such disruption, or the fear of such disruption, could have a significant and adverse impact on
the securities markets, lead to increased short-term market volatility or a significant market downturn, and
may have adverse long-term effects on world economies and markets generally.

Issuer Risk: The value of an equity security or debt obligation may decline in response to developments
affecting the specific issuer of the security or obligation, even if the overall industry or economy is
unaffected. These developments may comprise a variety of factors, including, but not limited to,
management issues or other corporate disruption, political factors adversely affecting governmental issuers,
a decline in revenues or profitability, an increase in costs, or an adverse effect on the issuer’s competitive
position.

Small Company Risk: Securities of companies with smaller market capitalizations may be more volatile
and less liquid than investments in companies with larger market capitalizations. Smaller market
capitalization companies could increase the volatility of the client’s portfolio because of volatility in share
price.

Foreign Investment Risk: Investments in securities of foreign issuers may involve risks including adverse
fluctuations in currency exchange rates, political instability, confiscations, taxes or restrictions on currency
exchange, difficulty in selling foreign investments and reduced legal protection. These risks may be more
pronounced for investments in emerging markets or developing countries.

Credit Risk: If debt obligations held by an account are downgraded by ratings agencies, experience a
default, or if management action, legislation or other government action reduces the issuers’ ability to pay
principal and interest when due, the obligations’ value may decline and an account’s value may be reduced.
Because the ability of an issuer of a lower-rated or unrated obligation to pay principal and interest when
due is typically less certain than for an issuer of a higher rated obligation, lower rated and unrated
obligations are generally more vulnerable than higher-rated obligations to default, ratings downgrades and
liquidity risk. Political, economic and other factors also may adversely affect governmental issues.
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