Satovsky Asset Management LLC

Item 5          Fees and Compensation
A.       General
SAM offers its services on a fee basis, which may include hourly and/or fixed fees, as well as fees based
upon assets under management or advisement depending on the Client relationship.

Strategic Wealth Advisory, Consulting & Family Office Solutions Fees

Consulting, financial planning, tax, and wealth advisory services may be provided for a fixed fee, based on
the scope and complexity of the agreed upon services. These fees are at the sole discretion of SAM and
may be reviewed annually.

In the event we so determine, the provision of such financial consulting services (including the dollar amount
of any hourly or fixed fee therefor) shall be set forth and described in a separate agreement between us and
such Client (including, for example, a Financial Planning Agreement and/or Limited Consulting Agreement
setting forth the terms and conditions of the engagement, describing the scope of the services to be
provided, and the portion of the fee that is due from the Client prior to our commencing services). SAM may
offset all or a portion of its fixed fees for consulting by the fees provided for investment management
services.

We may determine to provide financial consulting services beyond the management of assets in our sole
discretion at any time, regardless of any prior provision of such chargeable services without charge. Any

              satovsky.com 149 Spring Street, Floor 4, New York, NY 10012 O 212-584-1900

prior provision of such services without charge shall not be construed as a waiver or relinquishment of our
right to provide such services on an hourly or fixed fee basis.

Investment Management Services

SAM provides investment management services for an annual fee based on the market value of the Client's
Account, as determined by the custodian, at the beginning of the calendar quarter and billed in advance.
The Firm has a minimum quarterly fee of the higher of $2,500 or the quarterly fee billed on market value
of assets under management. The tiered annual fee varies (between 0.3% and 1.5%) depending upon the
market value of the assets under management, as follows:

                      Asset Value (millions)                                                                  Fees

                      First $1................................................................................... 1.5%

                      Next $9................................................................................... 1.0%

                      Next $15 ................................................................................ 0.5%

                      Next $25 ................................................................................ 0.4%

                     Thereafter............................................................................. 0.3%

SAM’s TFIS through Betterment is provided for the same fee schedule above subject to platform limitations
and is calculated based on the average daily portfolio value of Client assets managed by Betterment payable
on the last business day of the quarter in arrears. Betterment remits payment to SAM on behalf of Client.
Betterment services include custody, account opening, execution, technology, trading, automate
rebalancing and asset location. For these services, SAM has negotiated a platform fee-based relationship
which currently ranges between 0.12% to 0.20% annually. This Platform fee is a separate fee apart from
SAM’s management fee charged for such TFIS assets under management and is debited to each Client
account directly by Betterment based on the average daily portfolio value of Client assets.

The ERISA plan billing follows the fee schedule above subject to appropriate plan benchmarking and is
evaluated annually based on nature of specific plan circumstances including but not limited to number of
employees, size of plan assets, number of locations, services provided and benchmarking studies on
comparative plan services. The ongoing benchmarking and testing may lead to a lower advisory fee than
reflected in fee schedule. Clients may incur additional costs from 3(38) plan sponsor,
recordkeeping/administrator, custody/trust services, plan investments and pension administrative
services.

Related Client accounts may be aggregated for purposes of calculating fees. Clients may have accounts on
both traditional, TFIS and ERISA plans, which are not aggregated for billing purposes as they are separate
and distinct platforms. SAM, in our sole discretion, may negotiate to charge a greater or lesser fee based
on certain criteria, such as the complexity of the Client’s portfolio, the level of expertise required to service
the account, the staff time involved in servicing the account, potential value added to the Client for the

              satovsky.com 149 Spring Street, Floor 4, New York, NY 10012 O 212-584-1900

services to be provided, pre-existing Client relationships, anticipated future additional assets, dollar
amount of assets to be managed, and pro bono activities among other factors. SAM may waive its advisory
fee at any time when it deems it appropriate and/or necessary.

The annual investment management fee excludes charges imposed by other third-party financial
institutions, platform fees, transaction costs, brokerage commissions, custody or any other costs and
expenses which shall be incurred by the Client. Clients may incur certain charges imposed by custodians,
brokers, third party investment managers and other third parties which may include fees such as deferred
sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees
and taxes on brokerage accounts and securities transactions. Mutual funds, ETFs, and private investments
(e.g., private equity and hedge funds) are subject to their own respective expenses. These fees are
additional to the fees paid by Clients to SAM.
...

Item 7          Types of Clients
SAM provides its services to individuals, high net worth families, pension and profit-sharing plans, trusts,
estates, charitable organizations, corporations, and other business entities. The minimum portfolio size is
$2,000,000, which is subject to the Adviser’s discretion.