Quadrant Private Wealth Management LLC

Item 5. Fees and Compensation

Quadrant offers services on a fee basis, which include fixed and/or hourly fees, as well as fees
based upon assets under management or advisement. Additionally, certain of the Firm’s
Supervised Persons, in their individual capacities, could offer securities brokerage services and/or
insurance products under a separate commission-based arrangement.

Wealth Management Fees
Wealth management services are offered on a fee basis, meaning that clients pay a single
annualized fee based upon assets under management.

Our investment management fee structure is outlined below. For fee arrangements that are tiered,
the fee is calculated by applying a defined fee rate to a corresponding range of Client’s value of
investments with Quadrant. Please note that the fees outlined represent fee guidelines, and we
reserve, at our sole discretion, the right to negotiate fees with existing or prospective clients.
Occasionally, under certain circumstances, a fixed rate may apply. The specific fee charged to
each client is established in a fee schedule included in the client’s Wealth Management
Agreement. The fee schedule for some existing clients is different than the schedule below.

                                   ADVISORY FEE SCHEDULE
                          Managed Asset Value                        Tiered Rate
                              First $1,000,000                          1.50%
                              Next $2,000,000                           1.00%
                              Next $3,000,000                             .8%
                             Above $6,000,000                             .6%
            *The percentage fee shown for each range of the managed asset value will
            apply only to assets within that range.

            Assets not subject to the above fee schedule:
                           3rd Party Managers                         Up to 2.00%

              Assets allocated to Quadrant Enhanced Equity            Up to 2.00%
                                  Strategy

As discussed above, clients are responsible for the fees charged by External Managers and, where
applicable, the Platform Fee, in addition to the above fees paid to Quadrant.

The annual fee is prorated and charged quarterly, in advance, based upon the market value of
the assets being managed by Quadrant on the last day of the previous billing period. If assets
are deposited into or withdrawn from an account after the inception of a billing period, the fee
payable with respect to such assets will be prorated to account for the interim change in portfolio

value. For the initial term of the Program, the fee is calculated on a pro rata basis. In the event
the Client Agreement is terminated, the fee for the final billing period is prorated through the
effective date of the termination and the outstanding balance is refunded or charged to the
client, as appropriate.

Quadrant Enhanced Equity Strategy
Clients will note that our fees are higher for assets invested in the Quadrant Enhanced Equity
Strategy than our fees for other investments. This is due to the greater complexity in managing
and administering the strategy. This fee difference creates a conflict of interest as it may
incentivize us to allocate more assets to such strategies. We have addressed the conflict through
disclosure in this Brochure and in our agreement with the client.

Financial Planning and Consulting Fees
Quadrant Capital offers its clients financial planning services. Such services, for some clients, may
be included as part of the annual advisory fee. Clients may also enter into a separate agreement
with Quadrant Capital for financial planning services. This agreement with Quadrant Capital sets
forth the terms and conditions of the engagement and must be agreed-upon in writing by Quadrant
Capital and the client before any billing begins. The fee for this service is negotiable and is based
on either a fixed fee or an hourly fee. Hourly rates can range from $250 up to $1000 per hour. The
fee varies depending on the experience, knowledge, and skill of those performing the services. If
the client engages Quadrant Capital for additional investment advisory services, Quadrant Capital
can offset all or a portion of its fees for those services based upon the amount paid for the financial
planning and/or consulting services.

Quadrant Capital generally requires one-half of the agreed upon financial planning fee payable
upon entering the written agreement while the balance is generally due upon delivery of the
completion of the agreed upon services.

Direct Fee Debit
Clients provide Quadrant with the authority to directly debit their accounts for payment of the
investment advisory fees within the Investment Management Agreement. The Financial
Institutions that act as the qualified custodian for client accounts, from which the Firm retains the
authority to directly deduct fees, have agreed to send statements to clients not less than quarterly
detailing all account transactions, including any amounts paid to Quadrant.

Account Additions and Withdrawals
Clients can make additions to and withdrawals from their account at any time, subject to
Quadrant’s right to terminate an account. Additions may be in cash or securities provided that the
Firm reserves the right to liquidate any transferred securities or decline to accept particular

securities into a client’s account. Clients can withdraw account assets on notice to Quadrant,
subject to the usual and customary securities settlement procedures. However, Quadrant designs
its portfolios as long-term investments and the withdrawal of assets could impair the achievement
of a client’s investment objectives. Quadrant will consult with its clients about the options and
implications of transferring securities. Clients are advised that when transferred securities are
...

Types of Clients
Quadrant offers services to individuals, families, pension and profit sharing plans, trusts, estates,
charitable organizations, corporations and business entities.