XO Capital LLC

Item 5. Fees and Compensation
XO Capital offers services on a fee basis, which includes fixed fees, hourly fees, fees based upon assets under
management or advisement and performance-based fees.

Financial Planning and Consulting Fees

XO Capital charges either a fixed fee or hourly fee for providing financial planning and consulting services
under a stand-alone engagement. These fees are negotiable, but range from $150,000 to $1,000,000,
depending upon the scope and complexity of the services and the professional rendering the financial
planning and/or the consulting services. The fee can be for a defined project, such as the delivery of a plan,
or for ongoing services. If the client engages the Firm for additional investment advisory services, XO
Capital can offset all or a portion of its fees for those services based upon the amount paid for the financial
planning and/or consulting services. These services and fees will often include services and fees to an
affiliated entity of the Firm where the services are not investment advisory.

Investment Management Fees

XO Capital offers investment management services for an annual fee based on the amount of assets under
the Firm’s management. This management fee varies between 25 and 100 basis points (0.25% – 1.00%).
Alternatively or additionally, the Firm may charge a fixed fee for the investment management services. The
fees will be individually negotiated and will depend upon the size and composition of a client’s portfolio,
the type and amount of services rendered and the individual(s) providing the services.

The annual fee is prorated and charged quarterly, in arrears. Asset-based fees will be based upon the market
value of the assets being managed or advised on by XO Capital on the last day of the month. If assets are
deposited into or withdrawn from an account after the inception of a billing period, the fee payable with
respect to such assets is not adjusted to reflect the interim change in portfolio value. For the initial period
of an engagement, the fee is calculated on a pro rata basis. In the event the advisory agreement is
terminated, the fee for the final billing period is prorated through the effective date of the termination and
the outstanding or unearned portion of the fee is charged or refunded to the client, as appropriate.

Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
held-away assets, accommodation accounts, alternative investments, etc.), XO Capital can negotiate a fee
rate that differs from the range set forth above. Clients are advised that a conflict of interest exists for the
Firm to recommend that clients engage XO Capital for additional services for compensation, including
rolling over retirement accounts or moving other assets to the Firm’s management. Clients retain absolute
discretion over all decisions regarding engaging the Firm and are under no obligation to act upon any of the
recommendations.

Item 7. Types of Clients
XO Capital offers services to individuals, trusts, estates, philanthropic organizations, corporations and other
business entities, and pension and profit sharing plans.

Minimum Account Value

As a condition for starting and maintaining an investment management relationship, XO Capital imposes a
minimum portfolio value of $15,000,000. The minimum is based on relationships so the Firm will factor
in related accounts and clients. XO Capital may, in its sole discretion, accept clients with smaller portfolios
based upon certain criteria, including anticipated future earning capacity, anticipated future additional
assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client,
account retention, and pro bono activities. XO Capital only accepts clients with less than the minimum
portfolio size if the Firm determines the smaller portfolio size will not cause a substantial increase of
investment risk beyond the client’s identified risk tolerance. XO Capital may, in its sole discretion,
aggregate the portfolios of family members to meet the minimum portfolio size.