North Shore Private Asset Management LLC

ITEM 5 – FEES AND COMPENSATION

North Shore’s fees for investment management and financial planning are exclusive of brokerage
commissions, mutual-fund management fees and expenses, transaction fees, trade-away fees,
custodial fees, margin loan expenses, record keeping fees, actuarial fees, accounting and legal fees,
TPA fees and other related costs and expenses that shall be incurred by the client. Such charges,
fees, expenses and commissions are exclusive of and in addition to North Shore's fee. Clients also
incur certain charges imposed by Custodians, broker-dealers other third parties, such as fees
charged by managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes,
wire transfer and electronic fund fees, margin loan expenses and other fees and taxes on brokerage
accounts and securities transactions. Mutual funds and exchange traded funds ("ETF's") charge
internal management fees and expenses, which are disclosed in a fund’s or an ETF's prospectus. All
such charges, fees, expenses and commissions are exclusive of and in addition to the Adviser’s fee.

With respect to any mutual funds, limited partnerships and other pooled investment products (such
as, but not limited to, ETF's, Exchange Traded Notes and Closed-End Funds) held in a client's
account, fees payable to North Shore are in addition to the expenses, management, distribution and
advisory fees borne by such holdings, including, but not limited to, sales charges, management fees
and expenses, and transaction fees. Clients should carefully consider whether they could avoid
North Shore's fee by directly investing in mutual fund shares, themselves, without assistance from a
North Shore Investment Adviser Representative. North Shore's fee could be avoided if the client
invested directly in such holdings.

Where a Client directs North Shore to utilize a specific Custodian, the Client is subject to the specific
charges, fees, and expenses associated with that particular Custodian. With respect to a Client
directed Custodian, North Shore is also subject to the restrictions imposed by the directed
Custodian. This may limit North Shore’s flexibility to select certain investments on behalf of the
Client. When a Client directs North Shore to utilize a specific Custodian, this might also cause the

Client to incur certain costs or disadvantages to the Client, because the client may pay higher fees
than might be charged by other Custodians. The Client should carefully consider whether directing
North Shore to utilize a particular Custodian might cause the Client to incur certain costs or
disadvantages.

Clients will receive this brochure at least 48 hours prior to signing North Shore’s Agreement and/or
Retirement Agreement, or either may be terminated within five (5) business days of signing the
contract without incurring any advisory fees. As this brochure is updated, North Shore will provide
a copy of the current version to the client through the client access portal created for the client. See
Section 19 – Supplemental Information for a more detailed description of North Shore’s client
access portals.

In performing its investment advisory and other services, North Shore shall not be required to
verify any information received from the client or from the client's other professionals, and it is
expressly authorized to rely thereon. Moreover, each client is advised that it remains the client's
responsibility to promptly notify the Adviser in writing if there is ever any change in financial
situation or investment goals and/or objectives, so that North Shore may review/evaluate/revise
previous recommendations or services.

In general, investment management fees are based on assets under management and are
negotiable. The market value of all assets and the commensurate management fees will not be
reduced due to any margin debit or other loan obligation. See also Item 19 – Supplemental
Information. Financial planning fees are charged on a fixed-fee basis or hourly, as described, below.
North Shore employs the following fee schedule by service type:

Custom Portfolio Management

For Custom Portfolio Management ("CPM"), the annual fee shall vary between 0-1.25% of client
assets under management, depending on the market value of the assets under management and the
types of investment management services to be rendered. CPM provides each client or family with
an individual investment strategy, based on personal goals and needs.

CPM accounts are typically charged a flat percentage fee that is reflective of the fee descriptions
above. However, North Shore reserves the right to negotiate fees on a client-by-client basis.

Fees for the investment advisory services listed above are billed, in arrears, on a monthly basis and
are based on market value of the assets under management. The management fee is calculated by
applying the annualized fee rate(s) to the weighted average of the market value of the client's
account on the last trading day of the each month in the preceding calendar month. In any partial
calendar month, the management fee will be prorated based on the number of days that the account
was opened during the month. North Shore reserves the right to waive certain fees, at its
discretion. In computing North Shore’s management fees, account values are not reduced by any
debit, margin/and or loan balance in a client’s account or related account.

Fees for CPM are collected in one of two ways, whichever is designated by the client in the
Agreement with North Shore:

       The client authorizes the Adviser to deduct from the client’s account upon the submission of
        a bill for the management fee for each calendar month. The client instructs the Custodian to
        send the client and the Adviser a monthly statement showing all amounts paid from the
        account, including all management fees paid by the Custodian to the Adviser; OR
...

ITEM 7 – TYPES OF CLIENTS

North Shore provides investment management services to individuals, pension and profit-sharing
plans, trusts, estates, charitable organizations, corporations or other business entities, custodians
for individuals (including minors), partnerships, individual retirement accounts, and retirement
plans for self-employed persons. North Shore also provides advice and education to defined-
contribution retirement plans.

Except as described below, North Shore generally does not impose specific limitations on
establishment and maintenance of client accounts.

For Custom Portfolio Management, the Adviser requires a minimum account size of $1,000,000, but
it reserves the right to waive minimum requirements under certain conditions. North Shore does
require that each client enter into a written and signed Agreement with the Adviser. North Shore
reserves the right to decline any new account, or to resign as adviser to any account after the
initiation of the investment advisory relationship. Clients are required to appoint an outside
Custodian or Custodians that provide online services and other support to the Adviser, and also to
designate such a permitted broker-dealer. Currently, CPM clients are encouraged to appoint Charles
Schwab, and/or Level Four Financial (accounts carried by Raymond James), as Custodian(s) and/or
broker-dealer(s).

For Asset Allocation Accounts, the Adviser generally does not require a minimum account size, but
reserves the right to impose minimum requirements under certain conditions. North Shore does
require that each client enter into a written and signed Agreement with the Adviser. North Shore
reserves the right to decline any new account, or to resign as adviser to any account after the
initiation of the investment advisory relationship. Clients are required to appoint an outside
Custodian or Custodians that provide online services and other support to the Adviser, and also to
designate such a permitted broker/dealer. Currently, clients are encouraged to appoint Charles
Schwab, and/or Level Four Financial (accounts carried by Raymond James), as Custodian(s) and/or
broker-dealer(s). Clients that utilize North Shore’s Asset Allocation Accounts, but that do not meet
the SEC's requirement for "accredited investors", will be required to sign a "Non-Accredited

Investor Disclosure Form" prepared by North Shore. If investors have a question as to whether
they qualify as an accredited investor, they can refer to the web-link below from the SEC's website.

http://www.sec.gov/answers/accred.htm

For Institutional Asset Management, the Adviser requires a minimum account size of $5,000,000,
but it reserves the right to waive minimum requirements under certain conditions. North Shore
does require that each client enter into a written and signed Agreement with the Adviser. North
Shore reserves the right to decline any new account, or to resign as adviser to any account after the
initiation of the investment advisory relationship. Clients are required to appoint an outside
Custodian or Custodians that provide online services and other support to the Adviser, and also to
designate such a permitted broker-dealer. Currently, IAM clients are encouraged to appoint Charles
Schwab, Level Four Financial (accounts carried by Raymond James), Fifth Third Bank, and/or
Associated Bank as Custodian(s) and/or broker-dealer(s).

For Retirement Plan Advisory, the Adviser requires a minimum account size of $5,000,000, but it
reserves the right to waive minimum requirements under certain conditions. North Shore does
require that each client enter into a written and signed Agreement with the Adviser. North Shore
reserves the right to decline any new account, or to resign as adviser to any account after the
initiation of the advisory relationship. Clients are required to appoint an outside Record Keeper
and Custodian or Custodians that provide online services and other support to the Adviser, and also
to designate such Custodians a permitted broker-dealer. Currently, RPA clients are encouraged to
appoint Retirement Plan Consultants (“RPC”) or Milliman as Record Keepers. RPC utilizes TD
Ameritrade as a Custodian and/or broker-dealer(s). Milliman uses Broadridge as their Custodian
and/or broker-dealer(s).

For financial planning, North Shore generally does not require a minimum net-worth size for
financial planning, but it reserves the right to impose minimum requirements under certain
conditions. North Shore does require that each client enter into a written and signed Financial
Planning Agreement with the Adviser. North Shore reserves the right to decline any new account,
or to resign its role in financial planning to any client after the initiation of the financial planning
relationship.