Aspiriant LLC

ITEM 5 Fees and Compensation

      Fees for Managing Your Investments
      We charge fees for discretionary and non-discretionary investment management services based on one of
      several standard fee schedules, and also charge separate fees for additional investment offerings, as described
      in more detail below. We believe that our fees are reasonable, market-based and competitive. At our discretion,
      we may discount fees or waive minimum fees for clients as an alternative to aggregating household assets or
      based on other relevant factors and circumstances.

      Standard Fees for High Net Worth Clients

      Our standard fee schedule for investment management services provided to high net worth individuals, families
      and their entities, and retirement plans, ranges from 0.85% to 0.2% of the value of your portfolio, per annum,
      with a minimum annual fee of $14,000.

      Standard Fees for Emerging Wealth Clients

      Emerging wealth clients have initially smaller investment portfolios but exhibit an opportunity for wealth
      accumulation. Our standard fee schedule provided to clients with emerging wealth ranges from 0.85% to 0.2%
      of the value of your portfolio, per annum, with a minimum annual fee of $14,000 and an annual wealth planning
      retainer of $2,500 to cover core wealth planning services. The minimum investment management fee is waived
      for 48 months for new emerging wealth clients. Refer to the section entitled Fees for Wealth Planning and
      Specialty Services below for additional information about wealth planning services.

      Standard Fees for Rising Gen Clients

      Rising Gen Clients are second or third generation family members of existing clients with smaller investment
      portfolios but are expected to accumulate wealth over time, including through family wealth transfers or an
      inheritance. Our standard fee schedule provided to rising gen clients ranges from 0.85% to 0.2% of the value
      of your portfolio, per annum, with no minimum annual fee.

      Standard Fees for Professional Fiduciary Clients

      Professional fiduciaries are defined differently by state law, but we consider them to generally include
      compensated individuals acting as a guardian, conservator, representative, or trustee for two or more unrelated
      persons or estates. Our standard fee schedule for professional fiduciaries ranges from 0.85% to 0.50% of the
      value of each of the portfolios served by the professional fiduciary.

      The specific fee for the portfolios served by the professional fiduciary is determined annually and is based on
      the total fiduciary assets that we manage for that fiduciary or fiduciary firm if applicable, as of June 30th. It is
      applicable for the next 12 months following the valuation date and is applied consistently to all assets of the
      professional fiduciary that we manage.

      For new professional fiduciary clients signing an Engagement Agreement after June 30th of a given year, the
      specific fee for the portfolios served by the professional fiduciary is based on the total fiduciary assets that we
      manage as of the effective billing date of the first Engagement Agreement. It is applicable until the next June
      30th valuation date and is applied consistently to all assets of the professional fiduciary that we manage.

      Standard Fees

      We apply the applicable standard fee schedule as described above and documented in your Engagement
      Agreement to your assets under our management, which may include discretionary and/or non-discretionary
      investments, as follows:

          •      Brokerage accounts where we are listed as the registered investment advisor, excluding sweep cash
                 and position traded money market funds in non-discretionary accounts only.
          •      Employer sponsored retirement plans such as 401(K) accounts, where you give us the ability to effect
                 trades and rebalance the underlying holdings.
          •      Hedging strategies and/or other investment management services provided by a third-party manager
                 that we recommend to you and hold in separate account(s) we set-up for their management on your
                 behalf.

Aspiriant, LLC                                                                                         Form ADV Part 2A

      Other Fees for Specific Services

      For assets invested in private investment offerings that are sourced and recommended by us, we charge an
      annual fee of 0.30% on the invested fair market value of the PIO(s) in addition to the fees pursuant to your
      standard fee schedule, as described above.

      When you direct us to separately manage a durable (typically expected to be more than 12 months) cash
      account for you on a discretionary basis, we charge a fee of 0.20% per year on the aggregate value of the
      durable cash management account in lieu of your standard fee schedule as described above. The cash
      management solutions we use include sweep cash, position traded money market funds, U.S. Treasuries, other
      quality short-term government bonds, and other short term debt securities, including mutual funds and ETFs
      that invest in these types of securities.

      How Our Fees Are Calculated
      The way we charge investment management fees is established in your Engagement Agreement with us. We
      bill our investment management fees quarterly, in arrears. Investment management fees are calculated based
      on the agreed-upon fee schedule prorated by the number of days in a quarter. Fees are based upon the average
      daily value during the calendar quarter of all billable assets in your account (excluding any self-directed accounts
      or securities unless specifically agreed to and excluding sweep cash and position traded money market funds in
...

ITEM 7 Types of Clients

      We provide Investment Advisory and Wealth Planning, Family Office and Specialty Services primarily to
      individuals with substantial wealth, including corporate executives, business owners, affluent individuals,
      foundations, family partnerships, limited partnerships, the Aspiriant Affiliated Mutual Funds and other
      individuals. We also provide investment management and consulting services to pension plans, trusts, and
      charitable institutions, such as foundations that are often connected to, and created by individual clients or

Aspiriant, LLC                                                                                            Form ADV Part 2A

      administered by a professional fiduciary, but not in all cases. We do not have an absolute minimum for
      investment portfolios or a minimum account size. We typically provide investment management services to
      clients with investment portfolios of $1,500,000 or more. We do sometimes provide investment management
      and wealth planning services to individuals with smaller investment portfolios.