Xception Advisory Services LLC

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides more details regarding
our firm’s services along with descriptions of each service’s fees and compensation arrangements. It should be
noted that lower fees for comparable service may be available from other sources. The exact fees and other terms
will be outlined in the agreement between you and Xception Family Office.

Fees charged for our advisory services are charged based on a percentage of assets under management, billed
in arrears (at the end of the billing period) on a quarterly basis as designated in your agreement, calculated based
on the average daily market value of your account during the current billing period. Fees are prorated (based on
the number of days service is provided during the initial billing period) for your account opened at any time other
than the beginning of the billing period.

Services continue in effect until terminated by either party by providing a 30-day written notice of termination to
the other party. When fees are billed in arrears, Xception Family Office will prorate the final fee payment based
on the number of days services are provided during the final period. The amount of client assets on the termination
date will be used to determine the final fee payment for fees paid in arrears.

The annual fee for asset management services will vary between 0.35% and 1.00%. We generally require
$5,000,000 in investable assets but make exceptions on a case-by-case basis.

Xception Family Office believes that its annual fee is reasonable in relation to: (1) services provided and (2) the
fees charged by other investment advisers offering similar services/programs. However, the annual investment
advisory fee may be higher than that charged by other investment advisers offering similar services/programs. In
addition to our compensation, you may also incur charges imposed at the mutual fund, ETF, or third-party
manager level (e.g., advisory fees and other fund expenses).

The investment advisory fees will be deducted from your account and paid directly to our firm by the qualified
custodian(s) of your account. You will authorize the qualified custodian(s) of your account to deduct fees from
your account and pay such fees directly to our firm. See Item 15 – Custody for more details.

You should review your account statements received from the qualified custodian(s) and verify that appropriate
investment advisory fees are being deducted. The qualified custodian(s) will not verify the accuracy of the
investment advisory fees deducted.

Brokerage commissions and/or transaction ticket fees charged by the qualified custodian are billed directly to you
by the qualified custodian. Xception Family Office does not receive any portion of such commissions or fees from
you or the qualified custodian. In addition, you may incur certain charges imposed by third parties other than
Xception Family Office in connection with investments made through your account including, but not limited to,
mutual fund sales loads, 12(b)-1 fees and surrender charges., IRA and qualified retirement plan fees, variable
annuity charges, fees charged by third-party separate account managers, and charges imposed by the qualified
custodian(s) of your account. Management fees charged by Xception Family Office are separate and distinct from
the fees and expenses charged by investment company securities that may be recommended to you. A
description of these fees and expenses are available in each investment company security’s prospectus.

Xception Family Office may also charge retainer or service fees for financial planning and consulting services
which shall be disclosed in writing where applicable.

 Xception Family Office                             Page 5               Form ADV Part 2A Disclosure Brochure

Item 7 – Types of Clients

Xception Family Office generally provides investment advice to the following types of clients:

    •   Individuals
    •   High net worth individuals and families
    •   Corporations
    •   Trusts, estates, or charitable organizations

You are required to execute a written investment management agreement with Xception Family Office in order
to establish a client arrangement with us.

Minimum Investment Amounts Required

Xception typically requires a minimum of $5,000,000 in inv es tab le as s ets to open an account except under
circumstances where the firm exercises the right to exempt a client from this requirement. To reach this account
minimum, clients may aggregate all household accounts.