Portland Private Wealth Management Inc

Item 5 – Fees and Compensation
5a, b & d: Fee Schedules, Payments, Termination

Wealth Management Fees

We typically charge annual asset-based fees for our wealth management services based upon the following tiered
fee schedule:

                                     Assets Under Management               Fee (%)
                                     Less than $500,000                    1.00%
                                     $500,000 to $1,000,000                0.85%
                                     $1,000,001 to $3,000,000              0.75%
                                     $3,000,001 to $5,000,000              0.65%
                                     $5,000,001 to $10,000,000             0.50%
                                     $10,000,001 and above                 0.35%

Our fees are paid quarterly in advance, and when not directly deducted from your account, are due 30 days from the
date of the invoice. Our fee is determined by taking the percentage rate we charge based on the tiered schedule
above, times the market value of the account, divided by the number of days in the year and multiplied by the number
of days in the quarter. The market value is the sum of the values of all assets in the account, not adjusted by any
margin debit.

For purposes of illustration only, an client account with a market value of $499,000 would pay a quarterly fee
calculated as follows: $499,000 x .0100 / 365 x 90 = $1,230.41. For any additional assets value between $500,000
and $1,000,000, the fee would be 0.85%, and for next tier, between $1,000,001 and $3,000,000, the fee would be
0.75%, and so forth. The total fee would be a blended rate based on the tiered fee structure. Fees for partial quarters
at the commencement or termination of our agreement will be billed or refunded on a pro-rated basis contingent on
the number of days the account was open during the quarter. We reserve the right to make similar pro-rata
adjustments to our quarterly fees where the client deposits additional funds or securities or withdraws funds or
securities from the client’s account during the billing period in an amount we deem in our sole discretion to be material,
typically those transactions in excess of 25% of value of the client’s account. If the amount of the additional fee or
refund is less than $10, no fee adjustment will be made.

Unless otherwise agreed, PPWM’s fees will be paid from your account by the custodian when we submit an invoice
to them, but only where you authorize this payment method in writing. Each time a fee is directly deducted from your
account, we will send the qualified custodian notice of the amount of the fee to be deducted from your account. We
will only accept payment of our fees in this manner where the qualified custodian of your accounts sends you an
account statement at least quarterly, reflecting all holdings in your account, their value, and a record of all transactions
in your account over the period, including, without limitation, any payments of fees to PPWM. If there is insufficient

cash in your account to pay our fees, an equal balance of securities in your portfolio may be sold to pay our fee. In
addition to our fees, there may be custodial, mutual fund or similar third-party management fees and charges. We
will attempt to minimize such fees to the best of our ability.

Our fee includes any time and activities necessary to work with your attorney or accountant. We are not responsible
for any fees your attorney or accountant may charge you.

Compensation for our services will be calculated in accordance with what is set forth in a written client agreement.
We may modify the terms of any agreement by written changes submitted to the client for signature. While we strive
to maintain competitive fees, the same or similar services may be available from other firms at higher or lower fees.

For purposes of determining value, securities and other instruments traded on a market for which actual transaction
prices are publicly reported are valued at the last reported sale price on the principal market in which they are traded.
In certain circumstances, fees may be negotiable.

Financial Planning Fees

As described above, we offer financial planning services for our clients that are integrated into our wealth
management services at no additional charge beyond our asset-based fees. From time-to-time, clients may engage
us for financial planning services only or will engage us for financial consulting services beyond those included within
our normal advisory services. Fees for these “stand-alone” financial planning services are based on a rate of $125
per hour. Special arrangements can be made for clients that want to engage in additional or on-going financial
planning services. These arrangements will be defined and agreed upon by both parties via a financial planning
agreement. Hourly financial planning fees are invoiced monthly as work is performed. There is a late fee after 30
days of 1.50% per month on any unpaid fees. Financial planning clients receive their financial plans and
recommendations at the time the service is completed. Depending on the type of financial planning service requested,
we may meet on a regular basis with you to discuss any potential changes to your financial plan.

Retirement Plan Consulting Fees

Retirement Plan Consulting services can be charged (1) as a flat fee, (2) at an hourly rate of $125 per hour, or 3)
based on the assets under management. The fee schedule found at the beginning of this Item 5 is applicable for an
asset-based fee for such advisory services. In special situations, these fees may be negotiable.

5.d.1: Termination
PPWM or the client can terminate our advisory services at any time by delivering written notice of termination to the
other party. Additionally, clients may terminate our advisory services within 5 business days of initially signing an
advisory agreement with our firm, without penalty.
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Item 7 – Types of Clients
PPWM generally provides advisory services to the following types of clients:

    •   individuals;
    •   high net worth individuals;
    •   trusts and estates;
    •   family offices;
    •   retirement, profit sharing, and pension plans (ERISA plans);
    •   corporations; and
    •   non-profit and charitable organizations (foundations and endowments).

Minimum Account Size
We typically require a minimum account size of $500,000 to engage our advisory services. Client accounts may be
aggregated to achieve the minimum account size and we may waive this requirement in our sole discretion.