Standard Family Office LLC

Item 5 – Fees and Compensation

Standard Family Office’s compensation is fully transparent. A Client’s fee is negotiable and is described in a
Client’s written agreement with Standard Family Office. Fees charged for our services are negotiable based on the
type of client, the complexity of the client's situation, the composition of the client's account (i.e. equities versus
mutual funds), and the total amount of assets under management for the client, as well as anticipated future
additional assets because of a liquidity event, pre-existing relationship, or account retention.

Standard Family Office’s fees do not include fees charged by other service providers, including custodians and
brokers. Third party fees will include custodial fees, brokerage commissions, transaction fees, government and
regulatory fees, legal fees, deferred sales, odd-lot differentials, transfer taxes, wire transfer and electronic fund
fees, and other fees, costs, and expenses. A client’s account includes investments in mutual funds or exchange
traded funds that charge internal management fees, which are disclosed in those funds’ prospectuses. Standard
Family Office does not receive any portion of any other service provider’s commissions, fees, or costs.

Standard Family Office’s fees are billed in advance on a quarterly, calendar year basis. Private funds pay an annual
flat fee of $666,000 - $888,000.

Quarterly fees are automatically deducted from private fund assets. The private fund’s custodian provides account
statements to the funds and underlying investors who should review such statements to determine if appropriate fees
are being charged to the fund. Custodians do not verify the accuracy of fees charged by Standard Family Office.

Services continue until terminated by either Standard Family Office or a Client under the terms of a Client’s
Engagement Agreement. Any prepaid, unearned fees are promptly refunded to a Client by Standard Family Office.

Standard Family Office believes that its annual fee is reasonable in relation to: (1) services provided and (2) the fees
charged by other investment advisers offering similar services/programs. However, our annual investment advisory
fee may be higher than that charged by other investment advisers offering similar services/programs. In addition to
Standard Family Office, LLC                                Page 5                           Form ADV Part 2A: Firm Brochure

our compensation, you may also incur charges imposed at the fund level (e.g., advisory fees and other fund
expenses).

Item 7 – Types of Clients

Standard Family Office is a "multi-family office" firm and provides services only to the private funds under our
management. All funds are exempt from registration as private pooled investment vehicles.