Twin City Private Wealth LLC

Item 5 - Fees and Compensation

General Fee Information
Fees paid to the Adviser are exclusive of all custodial and transaction costs paid to the client’s
custodian, brokers or other third party consultants. Please see Item 12 – Brokerage Practices for

additional information. Fees paid to the Adviser are also separate and distinct from the internal fees
and expenses charged by mutual funds, exchange traded funds (“ETFs”) or other investment pools to
their shareholders (generally including a management fee and fund expenses, as described in each
fund’s prospectus or offering materials), mark-ups and mark-downs, spreads paid to market makers,
fees for trades executed away from the custodian, wire transfer fees and other fees and taxes on
brokerage accounts and securities transactions. The client should review all fees charged by funds,
brokers, the Adviser and others to fully understand the total amount of fees paid by the client for
investment and financial-related services.

Portfolio Management Fees
Portfolio management fees are individually negotiated with each client, are based on a percentage of
assets under management, and are generally subject to a maximum fee of 1.50%, depending on the
level of engagement. The specific advisory fees will be identified in the investment advisory
agreement between the client and the Adviser. The Adviser may, in its discretion, make exceptions
to the foregoing or negotiate special fee arrangements where the Adviser deems it appropriate under
the circumstances.

Portfolio management fees are generally payable quarterly, in advance. If management begins after
the start of a quarter, fees will be prorated accordingly. Fees are normally debited directly from client
account(s), unless other arrangements are made.

Either the Adviser or the client may terminate their investment advisory agreement at any time,
subject to any written notice requirements in the investment advisory agreement. In the event of
termination, any paid but unearned fees will be promptly refunded to the client based on the number
of days that the account was managed, and any fees due to the Adviser from the client will be invoiced
or deducted from the client’s account prior to termination.

Financial Planning Fees
When the Adviser provides financial planning services to clients, these fees will be included in the
portfolio management fees. The Adviser generally does not provide financial planning services on a
stand-alone basis.

Sub-Adviser Fees
When one or more Managers are utilized, the Manager(s)’ fees generally will be included in the fee
charged by the Adviser.

Other Compensation

Insurance Disclosure: The principal owners of the Adviser are also the principal owners of Twin City
Private Wealth Insurance Services, LLC, an affiliate of the Adviser through which they, along with
Jason Lincoln, an employee of the Adviser, are licensed to sell insurance products (“Twin City
Insurance”). In providing financial planning and other related advisory services, these individuals
may recommend the purchase of products under circumstances where they would be entitled to
receive a commission or other compensation in the transaction. In all such circumstances, however,
the client will be notified of this payment in advance of the transaction, and under no circumstances
will the client pay both a commission to an owner or employee of the Adviser or Twin City Insurance
for an insurance product and a management fee to the Adviser on the same pool of assets.

Item 7 - Types of Clients

The Adviser serves individuals, including high net worth individuals, corporations, foundations,
retirement and pension plan participants, and other entities.