Sanchez Gaunt Capital Management LLC

Item 5: Fees and Compensation
We provide our services on a fee-only basis. Our fees are based on a percentage of assets
under management. The specific manner in which fees are charged by SGCM is established in
the client’s written agreement with the Adviser. We will generally bill our fees on a
quarterly basis, in advance.

Portfolio Management Services Fees

The annual fee paid for investment advisory services will not exceed 2.00% of the total
assets under management. Fees are assessed quarterly and are based on the account value
as of the last business day of the previous calendar quarter. The quarterly fee is calculated
by multiplying the market value of the assets under management by the annual percentage
rate and then dividing by four (4).

For example, a client account valued at $500,000 at the end of the previous quarter, with an
annual fee rate of 1.50%, would be charged $1,875 for that quarter ($500,000 × 1.50% ÷ 4
= $1,875).

In the event a client terminates the advisory agreement with our firm before the end of the
billing period, we will refund any unearned fees on a pro-rata basis. The amount of the
refund will be based on the number of days remaining in the billing period after the
effective date of termination. For example, if a client terminates the advisory agreement 45
days into a 90-day quarter, they would receive a refund of 50% of the quarterly fee
previously paid.

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Refunds will be processed within 30 days of the effective date of termination and will be
issued using the same method as the original payment (either credited back to the client's
account or sent directly to the client, depending on how fees were initially paid).

Third-Party Money Manager Services Fees
When we recommend third-party money managers to manage your assets, you will pay
investment advisory fees directly to the third-party money manager, not to us. The third-
party money manager will then pay us a portion of the fee they receive from you as
compensation for our services.

Third-party money managers typically charge annual advisory fees not to exceed 2% of
assets under management. The exact fee arrangement varies by third-party manager and is
disclosed in their Form ADV Part 2A brochure, which will be provided to you.

Fees and compensation for using the AssetMark Platform are provided in more detail in the
AssetMark Platform or Referral Disclosure Brochure. Fees and Investment Minimums
schedules are included in AssetMark’s Platform or Referral Disclosure Brochure, and the
Client Billing Authorization will also state the fee applicable to your account.

The fees applicable to each Account on the AssetMark Platform will include:

1. Financial Advisor Fee,
2. AssetMark’s Platform Fee, which includes any Strategist or Manager Fee, as applicable,
   and most custody fees. The Platform Fee Schedules for the various Investment Solutions
   are listed in the Fees & Minimum table, at the end of AssetMark’s Platform or Referral
   Disclosure Brochure.

Other fees for special services may also be charged. The Client should consider all
applicable fees.

AssetMark Client fees are payable quarterly, in advance, based on assets under
management. Clients may terminate AssetMark accounts at any time and receive a full pro-
rata refund of any unearned fees.

Periodicals/Newsletter Subscriptions

Our firm may provide clients with access to various periodicals, newsletters, and other
publications as part of our advisory services. These publications are currently provided at
no additional cost to clients and are included as part of our standard advisory fee structure.
The content of these publications is intended to be educational in nature and to provide
general market information and insights.

We do not separately bill for these publications, and clients are under no obligation to use

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or act upon the information contained within them. Should our policy regarding the cost of
these publications change in the future, we will update this brochure accordingly and
provide proper notice to clients and prospects.

Educational Seminars and Workshops

Our firm provides educational seminars and workshops to clients and prospective clients on
various financial topics at no charge. These seminars and workshops are purely educational
in nature and do not involve the sale of any investment products. Topics may include issues
related to financial planning, retirement strategies, estate planning, tax considerations, and
investment management.

The information presented during these events is not intended to provide specific advice
regarding attendees' personal financial situations, nor does it constitute a recommendation to
purchase specific products or services. Attendees are under no obligation to engage our
firm’s advisory services as a result of participating in these educational events.

While we currently offer these educational programs at no charge, we reserve the right to
charge fees for such events in the future. Should we implement a fee structure for our
educational seminars and workshops, we will update this brochure accordingly and provide
proper notice to clients and prospects.

Negotiable Fee Disclosure

At its discretion, SGCM may charge a lesser investment advisory fee, charge a flat fee, waive its
fee entirely, or charge a fee on a different interval, based upon certain criteria (i.e.
anticipated future earning capacity, anticipated future additional assets, the dollar amount
of assets to be managed, related accounts, account composition, the complexity of the
engagement, anticipated services to be rendered, grandfathered fee schedules, employees
and family members, courtesy accounts, competition, negotiations with client, etc.). As a
...

Item 7: Types of Clients
We provide advisory services to the following types of clients:

   Individuals
   High Net Worth Individuals
   Trusts, Estates, and Charitable Organizations
   Corporations or Business Entities

SGCM does not require a minimum account size or minimum annual fee to open or
maintain an account. We believe that investment advice should be accessible to clients
regardless of portfolio size, and we work with clients at various stages of their financial
journey.

While we do not impose minimums, certain third-party investment managers or sub-
advisers that we recommend may have minimum account size requirements. In such cases,
these minimums will be disclosed to clients prior to engagement of these services.

We reserve the right to decline to manage an account if we determine that the account size
would not allow us to effectively implement our investment strategy or if we believe we
cannot provide a suitable level of service relative to the client's needs.

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