Rocky Mountain Private Wealth Management LLC

Item 5 Fees and Compensation

Investment Advisory Fees

Our investment advisory fees, as described below, are exclusive of, and in addition to, other
fees that you may incur, including, but not limited to, the following types of fees: custody and
transaction, third-party administrator, legal, CPA/audit, trustee fees, and funds' internal
investment expenses.

We may waive our advisory fees for employee related accounts, family members, and certain
other accounts, at our discretion. Also, certain pre-existing advisory clients may be subject to
our advisory fee and payment terms in effect at the time these clients entered into an advisory
relationship with our firm, which may differ from the fees and fee-paying arrangements described
below.

Partnership Accounts
Management Fees are calculated and paid each calendar month in advance. The management
fee means an amount equal to one twelfth of 1.0% of the Capital Account balance of each
Limited Partner which is calculated on the first business day of each calendar month. 10% of
net profits of each Limited Partner’s capital account, generally allocated each year and subject
to a “high water mark.”

The Fund is structured to accept both “Accredited Investors” and “Qualified Clients”. “Accredited
Investors” do not meet the criteria to be considered a “Qualified Client”, as a result, by law
“Accredited Investors” are not eligible to be charged a “Performance-Based Fee”. “Accredited
Investors” are charged a management fee at an annual rate of 2% of the capital account balance
of the Investor. Such fees are to be calculated and payable monthly in advance. Only “Qualified
Clients” may be charged a “Performance-Based Fee”.

Investors in privately held investment companies managed by our firm should refer to the
offering documents of such companies for further information regarding fees, fee paying
arrangements, and withdrawals and deposits of assets into and out of the privately held
investment companies.

If the portfolio management agreement is executed at any time other than the first day of a
month, our fees will apply on a pro rata basis, which means that the advisory fee is payable in
proportion to the number of days in the month for which you are a client. Our advisory fee is
negotiable, depending on individual client circumstances.

Either party may terminate the Investment Management Agreement upon thirty (30) calendar
days advance written notice. In addition, the Client may terminate the Agreement without
penalty for a period of five (5) business days after the date it is executed by the Client. The
Client may exercise this right by giving written notice to the Advisor within the required time
period. In the event of termination, the advisory fee due to the Advisor for the termination period
shall be prorated and shall be based on the latest valuation of the assets as of the effective date
of termination.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you
invest, in mutual funds and exchange traded funds. The fees that you pay to our firm for
investment advisory services are separate and distinct from the fees and expenses charged by
mutual funds or exchange traded funds (described in each fund's prospectus) to their
shareholders. These fees will generally include a management fee and other fund expenses.
You will also incur transaction charges and/or brokerage fees when purchasing or selling
securities. These charges and fees are typically imposed by the broker-dealer or custodian
through whom your account transactions are executed. We do not share in any portion of the
brokerage fees/transaction charges imposed by the broker-dealer or custodian. To fully
understand the total cost you will incur, you should review all the fees charged by mutual funds,
exchange traded funds, our firm, and others. For information on our brokerage practices, refer
to the Brokerage Practices section of this brochure.

Item 7 Types of Clients

We offer investment advisory services to institutional investors directly including private funds
(or “Partnerships”). The following investors typically invest in the Partnerships: individuals, high
net worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations,
corporations, privately held investment companies, and other business entities. In general, we
require an initial capital commitment of $500,000 in the Partnerships. At our discretion, we may
waive the above minimum account size requirements for the Partnerships. Our Firm does not
furnish advisory services directly to retail investors.