Compensation Arrangements

Asset-based fee services. The firm as Registered Investment Advisor has the ability to open client accounts based on fees for service rather than transaction-based commissions. Under this form of compensation, each account is charged an investment management fee on an annual basis that is computed as a percentage of assets under management. The percentage charged depends on the size of assets under management, and the services provided, as outlined in the firm's disclosure provided to each client. The fee schedule of the Registered Investment Advisor is a matter of public record, as reflected in Form ADV-Part II filed with the State of Connecticut Department of Banking. The fee is specified in a written Investment Management Agreement signed by the client and the firm.

Per diem based fee services. Greenwich Financial Management Inc., as Registered Investment Advisor, has the ability to provide financial planning services chargeable by time, as provided by a written Investment Advisory Agreement. In some cases, an absolute fee will be agreed upon by the client and the firm in writing for specified services, based on estimated time required.