Royal Capital Wealth Management LLC

ITEM 5:   FEES AND COMPENSATION

      A. Fees Charged

          All investment management clients will be required to execute an Investment Management Agreement
          that will describe the type of management services to be provided and the fees, among other items.
          Clients are advised that they may pay fees that are higher or lower than fees they may pay another advisor
          for the same services. Clients are under no obligation at any time to engage or to continue to engage
          RCWM for investment services. If you do not receive a copy of this brochure at least 48 hours prior to
          the execution of an Agreement, you may terminate the agreement within the first five (5) business days
          without penalty.

          Asset Management

          Generally, fees vary from 0.01% to 1.50% per annum of the market value of a client’s assets managed by
          RCWM. Please Refer to the Fee Schedule below. Fees are negotiable, and the fee range stated is a guide.
          Some accounts may pay fees lower than the stated fee range. The fee chosen within that range is
          determined in part by the nature of the account, including the size of the account, complexity of asset
          structures, the nature of the ongoing financial analysis needed for that particular client, the complexity of
          the portfolio, and other factors that would be dependent upon the specific client.

                               Assets Under Management              Annual Rate
                                       0 - $500,000                     1.50%
                                   $500,001 - $999,999                  1.25%
                                 $1,000,000 – $9,999,999            1.00% - 0.50%
                                  $10,000,000 and above             0.50% -0.01%

          Retirement Plan Investment Services

          RCWM charges an annual fee of 0.2% of plan assets. The fees can be paid directly by the Plan Sponsor or
          deducted from the plan assets as indicated under the Non-Discretionary Retirement Plan Agreement.

      B. Fee Payment

          Asset Management:

          For clients whose assets are managed by the firm, investment advisory fees will be debited directly from
          each client’s account. The advisory fee is paid quarterly in advance, and the value used for the fee
          calculation is the last business day of the previous quarter. This means that if your annual fee is 1.00%,

          we will take the previous quarter’s ending value, multiply the value by 1.00%, and then divide by 4 to
          calculate our fee. To the extent there is cash in your account, it will be included in the value for the
          purpose of calculating fees only if the cash is part of an investment strategy. Once the calculation is
          made, we will instruct your account custodian via written notice to deduct the fee from your account and
          remit it to RCWM.

          Clients whose fees are directly debited will provide written authorization to debit advisory fees from their
          accounts held by a qualified custodian chosen by the client. Each month, the client will receive a
          statement from their account custodian showing all transactions in their account, including the fee.

      C. Other Fees

          There are a number of other fees that can be associated with holding and investing in securities. You will
          be responsible for fees including transaction fees for the purchase or sale of a mutual fund or Exchange
          Traded Fund, or commissions for the purchase or sale of a stock. Expenses of a fund will not be included
          in management fees, as they are deducted from the value of the shares by the mutual fund manager.
          When selecting mutual funds that have multiple share classes for recommendation to clients, RCWM will
          take into account the internal fees and expenses associated with each share class, and it is RCWM policy
          to choose the lowest-cost share class, absent circumstances that dictate otherwise. For complete
          discussion of expenses related to each mutual fund, you should read a copy of the prospectus issued by
          that fund. RCWM can provide or direct you to a copy of the prospectus for any fund that we recommend
          to you. Any fees paid to third party managers are separate from, and in addition to, fees paid to RCWM.

          Please make sure to read Item 12 of this informational brochure, where we discuss broker-dealer and
          custodial issues.

      D. Pro-rata Fees

          If a client engages RCWM to provide asset management services during a billing quarter, the fees for that
          quarter will be pro-rated according to the number of days left until the next quarter. Likewise, if you
          terminate our relationship during a billing period you will be receive a refund for fees collected in advance
          but related to services to services that would have been provided from the date of termination through
          the end of the quarter. Once your notice of termination is received, we will assess fees for the number
          of days between the end of the prior billing period and the date of termination to be paid in whatever
          way you direct (check, wire). RCWM will cease to perform services, including processing trades and
          distributions, upon termination. Assets not transferred from terminated accounts within 30 (thirty) days
          of termination may be “de-linked”, meaning they will no longer be visible to RCWM and will become a
          retail account with the custodian.

      E. Compensation for the Sale of Securities

          This item is not applicable.

ITEM 7:   TYPES OF CLIENTS

          Clients advised may include individuals, families, trusts, charitable organizations and foundations,
          pensions and corporations. RCWM does not require a minimum dollar amount be placed with the firm.