Pasadena Private Wealth LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Asset Management:

                 Assets Under Management          Annual Percentage of Assets Charge
                      Up to $1,999,999                          1.25%
                  $2,000,000 to $4,999,999                      0.95%
                  $5,000,000 to $9,999,999                      0.85%
                 $10,000,000 to $14,999,999                     0.75%
                 $15,000,000 to $24,999,999                     0.65%
                 $25,000,000 to $49,999,999                     0.55%
                 $50,000,000 to $99,999,999                     0.45%
                  $100,000,000 and above                      Negotiable

For the sub-advisory services rendered to our clients, our firm compensates third party investment
advisory firms or individual advisors a percentage of the overall investment advisory fee charged by

ADV Part 2A – Firm Brochure                    Page 6                             Pasadena Private Wealth, LLC

our firm. The advisory fee paid shall not exceed the fee published for this service. The client shall be
provided a copy of the chose manager’s Form ADV outlining the investment strategies and associated
risks employed in their management of client accounts.

Fees to be assessed will be outlined in the advisory agreement to be signed by the Client. If fixed, the
advisory fee will be specified on the fee schedule as set forth in the agreement previously mentioned.
The occurrence and basis for the billing of Annualized Fees will be determined in the signed service
agreement. Fees are negotiable and will be deducted from client account(s). Our firm does not offer
direct invoicing. As part of this process, Clients understand the following:

    a) The client’s independent custodian sends statements at least quarterly showing the market
       values for each security included in the Assets and all account disbursements, including the
       amount of the advisory fees paid to our firm;
    b) Clients will provide authorization permitting our firm to be directly paid by these terms. Our
       firm will send an invoice directly to the custodian; and
    c) If our firm sends a copy of our invoice to the client, a legend urging the comparison of
       information provided in our statement with those from the qualified custodian will be
       included.

Financial Planning & Consulting:

Our firm charges on a flat, hourly and monthly fee basis for financial planning and consulting services.
The total estimated fee, as well as the ultimate fee charged, is based on the scope and complexity of
our engagement with the client. The maximum hourly fee to be charged will not exceed $800. The
initial flat fee for data gathering shall not exceed $2,500 and the total flat fee shall not exceed
$200,000 per annum payable on a monthly basis. Our firm requires the payment of the initial flat fee
at time of signing. The remainder of the fee will be directly billed to the client and due within 30 days
of a financial plan being delivered or consultation rendered. Our firm will not require a retainer
exceeding $1,200 when services cannot be rendered within 6 months.

Portfolio Monitoring:

The maximum annual fee charged for this service will not exceed 0.5%. Annualized fees are billed on
a pro-rata basis quarterly, in arrears, based on the value of the account(s) on the last day of the
previous quarter. Fees are negotiable. Clients will be directly billed for our portfolio monitoring
service unless debited from an account managed by our firm. If directly invoiced, our bill is due and
payable within 30 days.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on an hourly or flat fee basis or a fee based on the
percentage of Plan assets under management. The total estimated fee, as well as the ultimate fee
charged, is based on the scope and complexity of our engagement with the client. Fees based on a
percentage of managed Plan assets will not exceed 1.00%. The fee-paying arrangements will be
determined on a case-by-case basis and will be detailed in the signed consulting agreement.

PPW Credit Opportunities Fund I LP (“COF1”)

PPW is the General Partner of PPW Credit Opportunities Fund I LP as further described in item 10 of
this brochure. As such, PPW is entitled to $40,000 per annum in compensation for the administrative

ADV Part 2A – Firm Brochure                    Page 7                             Pasadena Private Wealth, LLC

duties of COF1. It is important to note that clients who participate in this investment will also pay the
advisory fees as negotiated in their advisory agreement on the portion of their assets invested in
COF1.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian. These transaction
fees are separate from our firm’s advisory fees and will be disclosed by the chosen custodian. Clients
may also pay holdings charges imposed by the chosen custodian for certain investments, charges
imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be disclosed in
the fund’s prospectus (i.e., fund management fees, initial or deferred sales charges, mutual fund sales
loads, 12b-1 fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees,
and other fund expenses), mark-ups and mark-downs, spreads paid to market makers, fees for trades
executed away from custodian, wire transfer fees and other fees and taxes on brokerage accounts
and securities transactions. Our firm does not receive a portion of these fees.

Fidelity Brokerage Services (“Fidelity”) eliminated transaction fees for U.S. listed equities and
exchange traded funds for clients who opt into electronic delivery of statements or maintain at least
$1 million in assets at Fidelity. Clients who do not meet either criteria will be subject to transaction
...

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Families and Family Offices;
   • Trusts, Estates or Charitable Organizations;
   • Pension and Profit-Sharing Plans;
   • Corporations, Limited Liability Companies and/or Other Business Types

Our firm generally requires a minimum of $2,000,000 in assets under management or a net worth of
$25,000,000 for our Asset Management, Portfolio Monitoring or Retirement Plan Consulting services.
This minimum requirement may be waived on a case-by-case basis by our firms management.

ADV Part 2A – Firm Brochure                   Page 9                           Pasadena Private Wealth, LLC