Smartleaf Asset Management LLC

Item 5: Fees and Compensation
Except as described below, SAM bases its fees on a percentage of assets under management at the end of a billing period.
All fees are negotiable and may be billed quarterly or monthly in arrears based on the average daily or end of period
account balance.

When SAM is engaged by an Advisor, the Advisor, pursuant to client authorization, may instruct the account’s custodian
to pay SAM’s fee directly to SAM out of the account’s assets. Alternatively, the Advisor may pay SAM directly. Advisor’s
clients will receive, at least quarterly, statements from the custodian which will reflect all activity in the account, including
the deduction of the Advisor’s fee. Fees for accounts initiated during a fee period may or may not be prorated as
determined by the Advisor’s agreement with the client.
Fees for Sub-Advisory Services
Fees for Smartleaf Asset Management’s services will range from .05% to .35% of the assets under SAM’s management
with a minimum fee of $60 per account per year. Such fees are negotiable.
Fees for Core Models
For providing Core Models to Model-Only Clients, SAM will negotiate fees with institutions on a case-by-case basis. These
fees will be based on a percentage of AUM in accounts managed by the institution following the model portfolio data.
Other Costs Involved
In addition to the above fees, client accounts will pay any fees and expenses charged by third parties in connection with
portfolio transactions and maintenance of a custodial account. Such fees may include, as applicable, Advisor fees,
brokerage commissions, transaction fees, custodial fees, transfer taxes, wire and electronic fund fees, and other fees and
taxes related to transactions and investments in the account. Such costs will affect portfolio returns.
Fees in General
Under no circumstances will SAM collect fees greater than $1,200 more than six months in advance of services
rendered.
Account Statements
Sub-advisory clients receive, at least quarterly, account statements from the custodian of their account, reflecting all activity
Smartleaf Asset Management, LLC. | smartleafam.com                                                 031826_v1.0        7

Smartleaf Asset Management, LLC                  ADV Part 2A (Brochure)                            CRD/Number: 172273

in the account including the purchase and sale of securities and the deduction of fees, including advisory and sub-advisory fees.
Compensation for Sales of Investment Products
The firm’s compensation is derived solely from fees paid directly by Advisors and Model-Only Clients. The firm does not
receive commissions, referral fees or "soft-dollar research’” related to its investment advisory business.

Item 7: Types of Clients
Smartleaf Asset Management primarily acts as a sub-advisor to other investment advisors. These advisors, in turn, provide
investment management services to individuals, including high net worth individuals, institutions and to certain types of
trusts.

SAM also sells the Core Model portfolios to institutional investors, primarily wealth managers.