Rothschild Investment LLC

Item 5: Fees and Compensation

A. Methods of Compensation and Fee Schedule

Investment Advisory Services
Rothschild Investment LLC (“Rothschild”) provides investment advisory services for a fee based on a percentage
of assets under management. Fees are negotiable and are generally based on the size and complexity of the
client relationship.
The standard annual fee schedule is as follows:
1.25% on the first $3,000,000
1.00% on the next $4,000,000
0.75% on the next $8,000,000
0.50% on assets over $15,000,000
Advisory fees are typically billed monthly or quarterly, in advance, as outlined in the client’s investment advisory
agreement. Fees are generally calculated based on the market value of assets in the account at the end of the
prior billing period, unless otherwise agreed.
Rothschild may, in its discretion, group related client accounts for purposes of determining fee breakpoints
(“householding”). Fees may be higher or lower than the standard schedule based on client-specific factors,
including anticipated future assets, related relationships, portfolio complexity, and services provided.

Financial Planning Services
Rothschild offers financial planning services on a standalone basis. Fees for these services are typically charged
on an hourly basis and generally range from $400 to $500 per hour, depending on the complexity of the
engagement and the level of expertise required.
Clients will receive an estimate of total costs prior to the engagement. Fees may be billed in advance or upon
completion of services, as agreed. Financial planning services do not include ongoing investment management
unless a separate advisory agreement is entered into.

Retirement Plan Consulting Services
Rothschild provides retirement plan consulting services for plan sponsors. Fees may be structured as:
An asset-based fee ranging from 0.10% to 1.25% of plan assets;
A fixed fee;
An hourly fee (generally ranging from $300 to $1,200 per hour); or
A combination of the above.
Fees are negotiable and depend on the scope of services and size of the plan. Asset-based fees are typically
billed monthly or quarterly, in advance, as agreed in the applicable services agreement.

Item 7: Types of Clients

Rothschild provides advisory services to the following types of clients:

•      Individuals, families, trusts, and estates
•      High net worth individuals
•      Pension and profit-sharing plans, IRAs
•      Charitable organizations and foundations
•      Corporations or other businesses not listed above

Rothschild does not require a minimum dollar value of assets or other conditions for opening or maintaining an
account for these types of clients.

In addition to the types of clients described above, Rothschild acts as investment manager to certain private
pooled investment vehicles serving as conduit vehicles (each, a “Conduit Fund”). Each Conduit Fund is a special
purpose entity (typically a limited partnership, limited liability company, or offshore company) formed by
Rothschild for the sole purpose of aggregating investor assets to a single entity and investing such assets in a
designated underlying fund, which is typically a private fund managed by an unaffiliated third-party (the “Third-
Party Managers”). These Third-Party Managers employ a variety of investment techniques and strategies,
including, but not limited to venture, private equity, and hedge fund strategies.

Conduit Funds managed by Rothschild are managed in accordance with each vehicle's investment guidelines
and restrictions and are generally not tailored to the individual needs of any particular investor. In its capacity as
investment manager, Rothschild’s principal services consist of providing investment advice regarding the
investment of the assets of each Fund among professionally selected investment vehicles or accounts that are
managed by the Third-Party Managers, which are selected through a due diligence process.

With respect to Conduit Funds managed by Rothschild, the general requirements to invest in private funds
(qualifications, minimum investment, etc.), as well as the applicable fees and expenses, are set forth in the relevant
offering or governing documents (or in certain cases, in separate fee agreements between Rothschild and the
private fund’s investors)