RBS Wealth Management LLC

Item 5 - Fees and Compensation
RBS charges fees based on a percentage of assets under management as well as fixed fees and hourly fees,
depending on the particular types of services to be provided. The specific fees charged by RBS for services
provided will be set forth in each client’s agreement.

A. Financial Planning and Investment Management Services

Fees for Investment Management Services
RBS charges an annual investment management services fee that is agreed upon with each client and set
forth in an agreement executed by RBS and the client. The RBS investment management fee is based on a
percentage of the value of assets under management and is generally paid monthly in arrears. The
investment management services fee for the initial month shall be paid, on a pro rata basis, in arrears, based
on the average daily balance of the client’s accounts for such initial month. For subsequent months, the
investment management services fee shall be paid, in arrears, based on the average daily balance of the
client’s accounts for the month. For purposes of the RBS investment management services fee calculation,
RBS utilizes third-party sources, such as pricing services, custodians, fund administrators, and client-
provided sources. For purposes of fee calculation, the asset value of client accounts include cash and cash
equivalents, as well as margined securities. RBS does not reduce management fees for margin borrowing,
regardless of whether the assets are in cash or other securities. RBS has a financial incentive to recommend
that clients borrow money for the purchase of additional securities for the client’s account managed by RBS
or otherwise not liquidate some or all the assets RBS manages. RBS addresses this conflict of interest by
this disclosure and working to ensure that any recommendation to a client regarding the use of margin is
suitable for the client.

Following is RBS’ asset based per annum fee schedule for investment management services:

                                             FEE SCHEDULE
                Market Value of Assets                                           Rate
                      First $100,000                                             1.5%
                     Next $400,000                                              1.25%
                     Next $500,000                                              1.00%
                    Next $2,500,000                                             0.80%
                    Next $6,500,000                                             0.60%
                   Next $15,000,000                                             0.50%
          Amounts greater than $25,000,000                                      0.40%
The fee rate applies to the market value of assets within that range. As an example, for a client account with
a market value of assets of

$500,000 – the first $100,000 of the client’s account will be subject to a fee rate of 1.5% and the next
$400,000 assets will be subject to a fee rate of 1.25%.

RBS’s policy is to include all related client accounts, specifically the accounts of direct family members
sharing the same residence address, for purposes of determining a client’s market value of assets.

Fees for Financial Planning and Consulting Services
Clients that are receiving financial planning services only are charged a fixed fee ranging up to $5,000,
depending upon the complexity of a client’s plan and services provided. In the alternative clients that are
receiving financial planning services only may be charged an hourly fee rate up to $300. For clients
receiving ongoing financial planning services the annual fee is charged monthly in arrears. For financial
planning services that are completed upon the delivery of the financial plan to the client, the fixed or hourly
fee can be charged in monthly installments in arrears, or otherwise in full upon delivery of the completed
financial plan. Actual fees charged are clearly outlined in the financial planning agreement and clients
receive invoices reflecting the amount of the fee due and payable.

Notwithstanding the foregoing, RBS and the client may choose to negotiate an annual advisory fee that
varies from the ranges and schedules set forth above. Factors upon which a different annual advisory fee
may be based include, but are not limited to, the size and nature of the relationship, the services rendered,
the nature and complexity of the products and investments involved, time commitments, and travel
requirements. The advisory fee charged by the Firm will apply to all of the client’s assets under
management, unless specifically excluded in the client agreement. The advisory fee may include the
financial planning services described above. Although RBS believes that its fees are competitive, clients
should understand that lower fees for comparable services may be available from other sources and firms.

The investment advisory agreement between RBS and the client may be terminated at will by either RBS
or the client upon written notice. RBS does not impose termination fees when the client terminates the
investment advisory relationship, except when agreed upon in advance.

B. Payment of Fees

RBS generally deducts its advisory fee from a client’s investment account(s) held at his/her custodian. Upon
engaging RBS to manage such account(s), a client grants RBS this limited authority through a written
instruction to the custodian of his/her account(s). The client is responsible for verifying the accuracy of the
calculation of the advisory fee; the custodian will not determine whether the fee is accurate or properly
calculated. A client may utilize the same procedure for financial planning or consulting fees if the client has
investment accounts held at a custodian.

Although clients generally are required to have their investment advisory fees deducted from their accounts,
...

Item 7 - Types of Clients
RBS offers investment advisory services to individuals, including high net worth individuals, and entities,
including, but not limited to, family offices, trusts, estates, private foundations, and qualified retirement
plans. RBS imposes a minimum portfolio size of $250,000 to open an account. However, RBS does reserve
the right to accept or decline a potential client for any reason in its sole discretion.