RWA Wealth Partners LLC

ITEM 5. FEES AND COMPENSATION
FEES FOR INVESTMENT MANAGEMENT
RWA’s standard fee is the following:

                               Account Size                          Annual Fee

                               Up to $500,000                        1.25%

                               Next $1,500,000                       1.00%

                               Next $3,000,000                       0.80%

                               Next $5,000,000                       0.60%

                               Next $15,000,000                      0.50%

                               Over $25,000,000                      Negotiable

RWA’s standard custom fixed income and cash management fee is the following:

                                 Annual Fee Based on Market Value of Managed Assets

                                                      0.20%

Investment management fees charged by RWA are negotiable and can be different than those set forth in
the standard fee schedule noted above. In certain circumstances, RWA charges a flat or fixed fee, discounts
fees or waives fees. Further, employees of RWA (“Affiliated Persons”) typically receive services from RWA at
a discount from the standard fee schedule or at no charge. Investment management fees for existing clients
may vary depending upon the agreed fee at the commencement of the relationship. Each client’s agreed
upon fees are set forth in their Investment Management Agreement.
RWA deducts the fee automatically from most client accounts each calendar month in arrears based on the
average daily market value of assets. RWA typically aggregates accounts within the same client relationship
and with the same fee schedules for fee calculation purposes; therefore, the actual fee rate assessed on each
account each month may be less than 1/12 of the agreed upon annual fee rate. For certain client accounts,
RWA deducts fees quarterly in arrears. In certain circumstances (i.e., retirement accounts), RWA sends the
client an invoice for its investment management fee. Certain legacy clients continue to be billed fees in
advance pursuant to the terms of their Investment Management Agreements. The fee commences on the
date the client’s investment management agreement is effective or on the date the client’s account is funded
thereafter. The initial fee is prorated if the fee does not commence on the first business day of the month.
If RWA’s services terminate other than on the last day of a calendar month, the fee will be pro-rated to cover
the period from the beginning of the calendar month through the date of termination. If the client is charged
fees quarterly and RWA’s services terminate other than on the last day of the calendar quarter, the fee will

be pro-rated to cover the period from the beginning of the calendar quarter through the date of termination.
Any prepaid fees will be reimbursed in accordance with the terms set forth in the applicable Investment
Management Agreement.
RWA is entitled to retain as part of its fee any de minimis cash balance of $5 or less remaining in or added to
each account after each account has closed and its assets have been distributed.
Financial planning, professional estate and trust services, tax planning services, and coordination of custody
services described above are all included in the investment management fee.
Certain advisory personnel of RWA are compensated based, in part, on advisory fees collected from client
accounts. This compensation structure may create an incentive for such personnel to retain clients within
RWA rather than refer clients to another division of the Firm that offers a different service model. The Firm
seeks to address this potential conflict through its fiduciary obligations and supervisory oversight.
RWA Capital
The fees for internally managed investment strategies are included in the investment management fee.
Fees typically range between 0.25% and 1.00% annually for institutional clients who engage the Firm as a
sub-advisor or utilize models recommended by the Firm.
Fees for Retirement Plan Advisory Services
For advisory services to employer-sponsored retirement plans, fees are negotiated on a case-by-case basis
in accordance with the services required by the plan. Such fees are payable quarterly in arrears and as
agreed to with the particular plan client based upon either the market value of the retirement plan’s assets
at the end of the quarter or the average daily market value of the retirement plan’s assets for the calendar
quarter.
Valuation of Assets
The valuations of marketable securities are made by the qualified custodian holding the assets and the
qualified custodian follows its standard valuation procedures. Valuations of private funds and partnerships
are based upon the valuations made by the manager or general partners of the private funds or
partnerships, or by third party independent accountants or auditors of the private funds or partnerships.
RWA takes the valuation of assets and the calculation of its asset-based fees seriously; however, RWA
clients should verify whether the correct fees are being applied to a client’s account. A client’s statement
from the qualified custodian reflects all amounts disbursed from the client’s account, including the amount
of any investment management fee paid to RWA or any investment management fee paid to any separate
account manager.

ADDITIONAL FEES AND EXPENSES
Certain fees or charges are imposed by third parties in connection with investments made on behalf of a
client’s account, as described below. These fees will differ depending on the client’s custodian as well as the
types of investments and other transactions in the client’s account. RWA’s fees are exclusive of, and in
addition to, any such applicable commissions, fees or costs, and RWA does not receive any portion of these
fees.
Investment Fund Fees and Expenses
Investment Funds generally include an embedded expense ratio composed of a management fee and/or
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ITEM 7. TYPES OF CLIENTS
RWA offers investment management services to individuals, families and their related entities, including
trusts, charitable organizations and business entities. RWA also provides investment management and
advisory services to retirement and profit-sharing plans.
Certain internal investment strategies, managed under the brand RWA Capital, are also offered to unaffiliated
investment advisers, broker-dealers, TAMPs and institutions.
RWA generally requires a minimum aggregate account value of $500,000. Accounts in one household can
be combined to meet this minimum. The minimum relationship size requirement can be waived at RWA’s
discretion.