Route 20 Private Wealth Inc

ITEM 5 - FEES AND COMPENSATION
This section is intended to assist clients in understanding the costs associated with Rte 20’s advisory
services. Clients and prospective clients should read this section carefully and also refer to the investment
advisory agreement for a full description of the amounts, terms, and calculations of advisory fees, as well
as information concerning ticket charges, refunds and contract termination. The fees and costs may be more
or less than if a client purchased a portfolio of similar investments through a brokerage arrangement or
similar services through another investment adviser. It is important that clients evaluate the services
received in light of the fees and costs. Rte 20 reserves the right to negotiate fees, which may take into
consideration elements like size of account and the complexity of services. Clients are urged to ask about
the advisory program(s) considered and what other costs you may incur.
Clients should be aware that there are additional fees assessed by the client’s custodian or by the individual
investments within a client’s account, e.g., mutual fund or ETF expenses and fees. Custodians may also
charge their own transaction and administration fees. Clients should refer to the client management
agreement with Rte 20, as well as the custodial agreement(s) when you open an account to understand what
fees you may be subject to.
Investment Advisory Services
Clients are charged investment advisory fees.
The Firm has a maximum total investment advisory fee per client of 2% per year. The specific fee a client
pays for advisory services is stipulated in the client’s investment advisory agreement. All fees are
negotiable.
The clients’ investment advisory agreements with Rte 20 authorize the Firm to deduct investment advisory
fees directly from the client’s account. Advisory fees are normally charged in advance. Billing periods are
normally quarterly. If charged in advance, the fee will be assessed in advance of services being rendered
and will be based on the value of the client assets under management on the last day of the prior period. For
deposits during a period, including the initial deposit, the fee will be prorated over the billing period to
account for the days advisory services were or will be provided. If the agreement is terminated during a
period, any unearned fees collected in advance will be credited back. The Firm may not pro-rate deposits
or withdrawals that are de minimis.

In certain cases, the Firm will charge a tiered fee structure. In a tiered fee structure, a client would pay a
certain fee percentage up to a certain level of assets under management, and then would pay a lower fee
percentage on assets over that level.

With respect to retirement plan advisory services, Rte 20 typically charges 0.50% per annum for plans with
up to $1 million in assets under management and 0.40% per annum for plans with greater assets under
management.

Route 20 Private Wealth Inc.                                                                         Page 5
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Potential Conflicts of Interest
Insurance Agent
The Firm is not an insurance agency. However, Mr. Weitz is an insurance agent for the sale of insurance products.
Mr. Weitz will receive commissions for insurance purchases made by the client. This presents a conflict of
interest for Mr. Weitz as it creates an incentive for him to recommend (on an agency and not fiduciary
basis) the purchase of insurance products on the basis of compensation rather than based on your needs.
Other Fees and Expenses You May Incur
The total advisory fees you pay and other costs associated with your account impact the overall performance
of your portfolio. It is important to review these costs when making your advisory and investment decisions.
Costs may include, but are not necessarily limited to:
Internal Expenses – Internal management fees and other expenses charged by mutual funds and ETFs. All
mutual funds and ETFs, as well as other pooled investments such as hedge funds, certain REITs and other
alternative investments charge a fee for the management and operations of their offerings. These fees impact
the overall investment performance of a client’s portfolio.
Brokerage Account Fees – Each broker-dealer and/or custodian assesses different account, service and
transaction charges such as, transaction fees, wire fees, trade-away fees, statement and confirmation fees,
etc. Please refer to your broker-dealer/custodial agreement for more information on these types of fees.
Short-Term Trading Redemption Fees – Some mutual funds impose short- term trading redemption fees
as high as 2% for actively trading or exchanging in and out of their funds.
This could affect the Firm’s ability to manage a client’s portfolio, as the existence of these fees may cause
the Firm to delay placing trades to avoid incurring these expenses.
Variable Annuity Riders and Contract Costs – Variable annuities assess fees that may include, but are
not limited to, annual base annuity M&E charges, optional benefit rider charges, underlying sub-account
management fees and contract surrender charges.
Rights of Accumulation – Many mutual fund families offer rights of accumulation or other sales charge
discounts. Clients should be aware that, for many fund families, shares held in advisory accounts are not
counted towards rights of accumulation and, therefore, may not count towards sales discounts on other
mutual fund purchases made outside of the advisory account with Rte 20. Clients should consult the mutual
fund’s prospectus for more information regarding rights of accumulations and sales discount eligibility.

ITEM 7 - TYPES OF CLIENTS
The Firm generally provides investment advisory services to individuals (and their personal investment
vehicles in some cases) and pension and profit-sharing plans (other than plan participants). To a lesser
extent, it also provides investment advisory services to charitable organizations, and corporations or other
business entities.

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The Firm has an account minimum of $25,000, however, this minimum requirement is at its sole discretion
as there may be extenuating circumstances that may make it reasonable to accept an account with a lesser
value.
ITEM 8 - METHOD OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS