True Private Wealth Advisors LLC

Item 5 Fees and Compensation
Prior to engaging TPWA, the Client will be required to enter into a written Advisory Agreement with TPWA
setting forth the terms and conditions of the engagement and describing the scope of the services to be
provided.

A. Fees for the IM Program

Maximum Advisory Fee Rate & Platform Fee

Client shall pay TPWA the Advisory Fees, based on the Advisory Fee Rates shown in the Client's Advisory
Agreement, which shall not exceed a maximum Advisory Fee Rate 2.25%, on an annual basis. In addition to
the Advisory Fee, Client shall pay TPWA the TPWA Platform Fee (the "Platform Fee"), based on the TPWA
Platform Fee Rate, shown in the Client's Advisory Agreement, which shall not exceed 25 basis points on an
annual basis, unless TPWA provides Client at least 30 days' prior notice of such increase. The Advisory Fee

and Platform Fee shall be calculated and paid quarterly, in advance, based upon the closing market value of
each Managed Account (including without limitation each Advised Account) on the last day of the previous
quarter; provided, for the initial calendar quarter, the Advisory Fee and Platform Fee are based on the value of
Managed Accounts on the last trading day of the initial quarter prorated beginning on the effective date of this
Advisory Agreement. No portion of the Advisory Fee or Platform Fee shall be based on capital gains or capital
appreciation of the Managed Accounts.

Except as provided below, the value of Managed Assets shall be determined by reference to the valuations
provided by or available from Custodian. If the last trading day of a calendar quarter or other period for which
Advisory Fees and Platform Fees are calculated is different than the last day of a Custodian's reporting or
statement period, we may value Assets maintained by such Custodian as of the close of the Custodian's
reporting or statement period, as we shall select on a consistent basis for each Custodian.

TPWA's Representatives have the option, in their discretion, of offering a Flat Fee Rate, payable monthly or
quarterly in advance, for smaller accounts for which other fee arrangements may not be appropriate; provided,
the Advisory Fee payable pursuant to the Flat Fee Rate will not exceed the amount the Client would pay if
charged the Maximum Advisory Fee Rate for the IM Program based on the value of the Account, payable
quarterly in advance.

Advisory Fees and Platform Fees are calculated on a per account basis unless accounts are designated as
part of a household, as TPWA determines in its sole discretion. If Client provides advance notice of a
withdrawal in excess of $100,000 during a Fee Calculation Period, TPWA will provide a pro-rata refund of any
unearned, prepaid Advisory Fees (but not Platform Fees, unless TPWA receives a corresponding credit of
Platform Fees it is charged with respect to such Assets by its third-party service providers) received with
respect to such Assets based on the remaining number of days in such Fee Calculation Period; provided, such
refund shall be in the form of a credit against the next Fee Calculation Period's Advisory Fees. Advisory Fees
and Platform Fees may be calculated on the basis of the actual number of days in a calendar quarter or on the
basis of 4 even calendar quarters, as we elect to apply on a consistent basis.

Clients who participate in the IM Program will enter into an Advisory Agreement with TPWA in which the Client
agrees to pay: (i) the TPWA Advisory Fee for TPWA's services in maintaining and administering the IM
Program, including without limitation, researching, developing, and maintaining the Portfolio or Extended
Portfolio and the investments to implement the asset allocation, in allocating and reallocating, from time to
time, the Assets to reflect the designated Portfolio, Extended Portfolio and otherwise in administering the IM
Program, plus (ii) the Platform Fee, in connection with costs and services important to administration of the IM
Program and overall quality of the Client's experience through the Program, including without limitation, Client
reporting, performance analysis, fee calculation and deduction, and other operational and administrative
services, as well as access to research regarding Third-Party Programs, and access to institutional research
and due diligence.

Additional Fees & Expenses

The Advisory Fees and Platform Fees are separate and distinct from other expenses (collectively referred to as
the "Additional Fees and Expenses") that Managed Accounts will incur, including:

    • Brokerage and Investment Expenses

    • Investment Company Expenses

    • Custodial Expenses

Brokerage and Investment Expenses

As used in this Brochure, the term "Brokerage and Investment Expenses" refers to the following:

    • commissions, ticket charges, and other fees charged by brokers who execute securities transactions for
      the Managed Account on an agency basis (see, Investment Company Expenses for sales charges and
      deferred sales charges [i.e., front-end load and back-end load] for mutual fund sales);

    • mark-ups, mark-downs, or other spreads included in the amount charged by or paid to a dealer for
      securities bought or sold on a principal basis, and underwriting fees, dealer concessions, or related
      compensation in connection with securities acquired in underwritten offerings;

    • odd lot differentials, transfer or other taxes, floor brokerage fees, exchange fees, service and handling
      fees, electronic fund or wire transfer fees, costs of exchanging currencies, and postage and delivery
      expenses; and

    • cost of cash management services (including "sweep" arrangements of cash into bank deposit
      accounts), and direct and indirect fees for other financial or investment services provided by brokers or
      Custodian.

TPWA does not receive any of the Brokerage and Investment Expenses. Refer to the discussion under
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Item 7 Types of Clients
TPWA provides investment advisory services to the following types of Clients:

    •   Individuals, including high net worth individuals;
    •   Pension and profit sharing plans;
    •   Trusts, estates, and charitable organizations; and
    •   Corporations and other businesses entities.

In general, our firm does not impose a minimum asset size to open or maintain an advisory relationship;
however, each of our Advisory Groups has the authority to set a minimum asset size to open or maintain an
advisory relationship, which may be as high as $500,000, as each Advisory Group may chose to set (or waive)
in its sole discretion. If an Advisory Group has established such a minimum asset size, you will be informed
prior to entering into the Advisory Agreement, and the minimum asset size will also be disclosed in your
Advisory Agreement. Sponsors or Managers of Third-Party Programs may impose minimum account or asset
sizes which may range up to $250,000 (or higher) depending on the type of strategy or portfolio, or particular
Sponsor or Manager. Refer to Item 5 for a discussion of minimum annual management fees and minimum
annual platform fees imposed by some Sponsors and Third-Party Managers.