Wintrust Investments LLC

Item 5 – Fees and Compensation

Mutual Fund and ETF Fees:

Wells Fargo Advisors determines the universe of mutual funds and ETFs that will be made available to
advisory Program clients. Although mutual fund companies typically offer multiple share classes of each
of their mutual funds with varying levels of fees and expenses, Wells Fargo Advisors generally chooses a
single share class of each mutual fund for the advisory Programs we offer.

Wells Fargo Advisors does not seek to offer mutual funds or share classes through our advisory
Programs that are necessarily the least expensive. Investing in mutual funds will generally be more
expensive than other investment options available in your advisory Account, such as ETFs. In addition to
the Program fee and manager fee (if applicable), you will also bear a proportionate share of each fund's
expenses, including investment management fees that are paid to the fund's investment adviser, which
may be an affiliate of ours (in the case of an investment in one of the Great Lakes Funds), and
distribution, shareholders services or other fees paid to Wells Fargo Advisors or our affiliates, as
described in the fund’s prospectus. These expenses are an additional expense to you and not covered by
the fees for program services; rather, they are embedded in the price of the fund. You should carefully
consider these underlying expenses, in addition to the Program fee and manager fee (if applicable),
when considering any advisory program and the total compensation we receive.

Most of the mutual funds that Wells Fargo Advisors makes available in the advisory Programs do not pay
us 12b-1 fees. Any 12b-1 fee payments we receive for eligible mutual funds held in an advisory Account
are credited back to your Account.

Other funds and share classes may have different charges, fees, and expenses, which may be lower than
the charges, fees, and expenses of the funds and share classes we make available. These funds and
share classes are available through other broker-dealers and financial intermediaries, and from the
funds directly, including where lower-cost share classes are made available. An investor who holds a
less-expensive share class of a fund will pay lower fees over time - and earn higher investment returns -
than an investor who holds a more expensive share class of the same fund.

You could invest in a portfolio of individual mutual funds directly, without WTI’s advisory services. In
that case, you would not incur the wrap fees we charge. However, you would not receive the advisory
services which are designed, among other things, to assist you in allocating your assets across asset
classes, and to help determine which advisory program or investment(s) is most appropriate for your
financial condition, objectives and risk tolerance. Accordingly, you should review both the fees charged
by the funds and our advisory fees to fully understand the total amount you would pay and to thereby
evaluate the advisory services being provided. For important information about each fund, including
investment objectives, risks, charges, and expenses, you should read each fund’s prospectus carefully
and consider all of the information in it before investing.

    i.   Wells Fargo Advisors Investment Advisory Services Programs

To participate in a Program, you must establish a Program Account with WTI, which is maintained at
WFCS. Each of the Programs except Network is offered for an all-inclusive fee. This covers the
investment management services provided by WTI, Wells Fargo Advisors and the sub-manager (as
applicable), as well as charges for execution of transactions, custody of Account assets, clearing and
Account reporting provided by WFCS.

Fees for the management of investment portfolios are based on a percentage of the assets in the
account as valued at the close of the market at the end of each calendar quarter. The nature and
circumstances of specific accounts may allow for negotiations of minimums, fees, or commissions.
Advisory fees are negotiable within a range based upon the value of your Account or your total
investment relationship at WTI.

The specific manner in which our fees are charged is established in your written agreement with the
Firm. We will generally bill fees on a quarterly basis in advance. Clients may elect to be billed directly for
fees or to authorize us to directly debit fees from their accounts. Accounts initiated or terminated
during a calendar quarter will be charged a prorated fee. Contracts between WTI and a client can be
terminated by either party upon 30 days’ prior written notice. Upon termination of any account, any
prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and payable.

All of the Program Accounts described in this brochure are charged a fee on eligible assets that covers
advisory, execution, custodial, and reporting services. The Fee Schedules for Private Advisor Network
are set forth below. Please see the WTI WFA Advisory Wrap Fee Program Brochure for a description of
the services, account minimums, and additional fee information applicable to Program Accounts.

Private Advisor Network Fee Schedule
You pay a fee for both Network services and execution services. We do not impose a separate charge for
brokerage commissions on agency trades or markups or markdowns on principal transactions. Billed
quarterly in advance, the Private Advisor Network fee schedule is negotiable based on a maximum fee of
2.00%. You may also be subject to any other fees associated with our standard brokerage accounts,
including postage and handling fees, transfer taxes, exchange fees (among which SEC fees may be
included), and any other fees required by law.

For Accounts invested in an Advanced Option Strategy, the advisory Program fee is calculated based on
a target notional value as detailed in the Advanced Option Strategy Addendum you will receive. The
...

Item 7 – Types of Clients

WTI provides portfolio management services to individuals, high net worth individuals, banking or thrift
institutions, corporate pension and profit-sharing plans, foundations, endowments, trust programs, and
other U.S. institutions.