Westwood Wealth Management

Item 5 Fees and Compensation
Portfolio Management Services
Westwood Wealth Management's annual fee for portfolio management services is based on a
percentage of the assets in your account and is set forth in the following annual fee schedule:

                                         Annual Fee Schedule

            Assets Under Management                                       Annual Fee

                 Up to $5,000,000                                            1.50%

              $5,000,001 - $7,500,000                                        1.25%

             $7,500,001 - $10,000,000                                         1.00%

                 Over $10,000,000                                          Negotiable

Westwood Wealth Management's annual portfolio management fee is billed and payable quarterly
arrears based on the balance at end of billing period. Our advisory fee is negotiable, depending on
individual client circumstances. Assets in each of your account(s) are included in the fee assessment
unless specifically identified in writing for exclusion. If the portfolio management agreement is executed
at any time other than the first day of a calendar quarter, our fees will apply on a pro rata basis, which
means that the advisory fee is payable in proportion to the number of days in the quarter for which you
are a client.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts. Combining
account values may increase the asset total, which may result in your paying a reduced advisory fee
based on the available breakpoints in our fee schedule stated above.

We will deduct our fee directly from your account through the qualified custodian holding your funds
and securities. We will deduct our advisory fee only when you have given our firm written authorization
permitting the fees to be paid directly from your account. Further, the qualified custodian will deliver an
account statement to you at least quarterly. These account statements will show all disbursements
from your account. We encourage you to review the statement(s) you receive from the qualified
custodian. If you find any inconsistent information, please call our main office number located on the
cover page of this brochure.

You may terminate the portfolio management agreement upon 30 days written notice. You will incur a
pro rata charge for services rendered prior to the termination of the portfolio management agreement,
which means you will incur advisory fees only in proportion to the number of days in the quarter for
which you are a client. If you have pre-paid advisory fees that we have not yet earned, you will receive
a prorated refund of those fees.

Private Pooled Investment Vehicle Fees
Westwood Wealth Management serves as the Manager and the Adviser to Westwood Alpha
Opportunity Fund, LP. ("Fund"). Westwood Wealth Management will manage the assets of the Fund on
a discretionary basis in accordance with the overall investment objective of the Fund. All fees paid for
investment advisory services are separate and distinct from the fees and expenses charged by the
Fund. These fees and expenses are described in the Fund's offering documents. Such fees will
generally include a management fee, other fund expenses, and a performance based fee. A client
could possibly invest in the Fund directly, without our services. In that case, the client would not

receive the services provided by Westwood Wealth Management which are designed, among other
things, to assist the client in determining if the Fund is are appropriate to the client's financial condition
and objectives. Accordingly, the client should review both the fees charged by the Fund and Westwood
Wealth Management to fully understand the total amount of fees to be paid by the client and thereby
evaluate the advisory services being provided.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You will also incur transaction charges and/or
brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
mutual funds, exchange traded funds, our firm, and others. For information on our brokerage practices,
refer to the Brokerage Practices section of this brochure.

Item 7 Types of Clients
Westwood Wealth Management offers investment advisory services to individuals, high net worth
individuals, pension and profit sharing plans, business entities, and pooled investment vehicles. In
general, WWM does not require a minimum dollar amount to open and maintain an advisory account.

The minimum investment amount in Westwood Alpha Opportunity Fund LP is $500,000. WWM can
accept lesser amounts in its sole discretion.