Upstart Wealth Management LLC

Item 5: Fees and Compensation
  A.​ In consideration of our financial planning and tax preparation/filing services, we charge a flat
      annual advisory fee of $7,600 (billed monthly in advance) for so long as a client maintains less
      than $2.5 million in assets under our management (the “Minimum Annual Fee”). For so long as a
      client maintains $2.5 million or more in assets under our management, the Minimum Annual Fee
      shall be $4,000 (billed monthly in advance).

      In addition, and in consideration for our investment management services, a client will pay us a
      blended quarterly investment advisory fee based on the following schedule:

           Client Assets Under Management                              Annual Fee Percentage
                                                                          (paid quarterly)
                      $0 - $750,000                                            0.00%
                  $750,001 - $2,500,000                                        0.80%
                 $2,500,001 - $10,000,000                                      0.75%
                $10,000,001 - $20,000,000                                      0.55%
                    Above $20,000,000                                          0.45%

      The asset-based fees described above are negotiable and paid at the end of each calendar
      quarter. Initial fees are prorated based on the number of days in the quarter during which a
      client’s assets have been designated to be under our management. Upon termination of an
      advisory relationship with a client, fees are prorated through the date of termination. The
      asset-based fees are “blended” such that the percentage rates are applied to each corresponding
      range of assets, resulting in a combined weighted fee. For example, a client that has designated
      $2,600,000 to be under our management would pay a Minimum Annual Fee of $4,000 plus an
      annual asset-based fee of 0.00% as applied to the first $750,000 under management, 0.80% as
      applied to the next $1,750,000 under management, and 0.75% as applied to the remaining
      $100,000 under management.

      Certain clients have been grandfathered into legacy fee schedules that are not equivalent to the
      standard asset-based fee schedule and Minimum Annual Fee listed above, and therefore may
      pay more or less for investment management, financial planning, and/or tax preparation/filing
      services. Clients should consult their specific client agreement for the fee schedule applicable to
      their household. In addition, Upstart reserves the right to negotiate its fees on a client-by-client
      basis in its sole and absolute discretion.

      Independent Manager Fees

      Upstart is responsible for the investment management fees charged by the Independent
      Manager. In other words, clients’ overall fees as noted above include Upstart’s advisory fees as
      well as fees charged by the Independent Manager, as applicable. Clients are not separately
      responsible for paying any fees to the Independent Manager.

      Financial Planning Fees

      For clients that do not wish to engage us to provide ongoing investment management services,
      we offer financial planning services on a standalone fixed fee basis. In special circumstances, it
      may be offered on an hourly basis at $350 per hour, subject to negotiation with a client and
      depending on the nature of the specified services. Fees are negotiable, and each client’s specific
      fee schedule is included as part of the investment advisory agreement signed by the client. Fixed
      fees will be determined on a case by case basis with the fee being based on the complexity of the
      client’s financial situation and the scope of financial planning services to be rendered. The fixed
      fee generally ranges between $2,500 and $15,000, but may be more or less depending on a

                                       Date of Brochure: May 6, 2026

    particular client’s needs. Financial planning fees are negotiable. The fee is due at the beginning
    of the financial planning process; however, Upstart will not bill an amount above $1,200, six (6)
    months or more in advance.

    Tax Preparation & Filing Fees

    If Upstart is separately engaged to prepare and file a client’s federal and/or state tax returns, we
    charge a flat fee typically ranging between $300 and $3,500 depending on the nature and
    complexity of a client’s tax situation. Tax preparation and filing fees are paid in arrears upon
    completion of the client’s federal and/or state tax returns. ​

B.​ Our asset-based fees are payable quarterly at the end of each calendar quarter based on the
    average daily balance of assets under management within the established household during the
    prior calendar quarter. The gross market value of clients’ accounts (inclusive of securities, cash,
    private fund assets, and margin debit balances) is included for purposes of calculating
    asset-based advisory fees. Fees are directly debited from client accounts, or the client may
    choose to pay by check or independent third-party payment processor. Accounts initiated or
    terminated during a calendar quarter will be charged a prorated fee based on the amount of time
    remaining in the applicable billing period. An account may be terminated with written notice. No
    prorated refund of asset-based fees will be needed upon termination since fees are paid in
    arrears; however, any earned but unpaid fees will be due to Upstart upon termination. Any
    unearned portion of the Minimum Annual Fee paid in advance shall be refunded to the client upon
    termination with written notice.

C.​ In addition to the fees charged by Upstart, clients will incur brokerage and other transaction costs.
...

Item 7: Types of Clients
Upstart generally provides its services to individuals and high-net-worth individuals. There is no minimum
account value required to open an account with Upstart, but please note that a Minimum Annual Fee will
apply as described in Item 5, above.

                                         Date of Brochure: May 6, 2026