Cerity Partners LLC

Item 5 – Fees and Compensation

WEALTH MANAGEMENT FEES
Wealth Management fees are agreed upon with each client in writing, which may be amended from time to time.
All Cerity Partners’ service fees are negotiated with clients based on, among other factors, the size and scope
of the engagement, anticipated level of service and complexity of the relationship, client needs, related accounts,
services required, reporting requirements, anticipated assets to be managed, and future additional assets. As a
result, clients should expect to be charged different fees for similar services and the actual advisory fee may be
higher or lower than the fee charged to other clients depending on these broader considerations. Cerity Partners
typically charges an annual percentage-based fee for investment management. Our comprehensive wealth
management service fee is negotiable based on the factors listed herein and generally would not exceed 1.50%
per year of assets under advisement. Cerity Partners may use alternate fee arrangements based on the particular
circumstances for specific clients. If Cerity Partners charges a minimum fee for clients whose fee for assets
under management falls below a particular threshold, such fee may exceed 1.50% on assets under management
in the advisory account. Any minimum fee will be agreed to with the client. Cerity Partners and its affiliates retain

                                                               Cerity Partners LLC Form ADV Part 2A – March 31, 2026

the right, based upon criteria (e.g., assets under management) or otherwise in their discretion, to reduce, lower
or waive fees, waive minimums on fees, provide lowest available fee arrangements, or allow credits or offsets
relating to certain types or specified amounts of expenses with respect to certain clients.
Cerity Partners establishes certain client relationships through its merger, acquisition and adviser recruiting
efforts. To accommodate client transitions from prior investment adviser to Cerity Partners, the fees Cerity
Partners charges are subject to the pre-existing agreement entered into with their prior investment adviser. As a
result, some clients pay higher or lower rates than Cerity Partners’ current advisory fee rate, and the associated
billing arrangements may differ from those of Cerity Partners.
While our wealth management engagement may be inclusive of investment management and financial planning
or non-investment advisory services such as tax preparation services, we may from time to time quote an hourly
or fixed fee, or fixed annual retainer for certain of those services, or other services we offer, prior to services
being rendered. Such fees are based on the scope of each specific engagement. Cerity Partners’ fees are
exclusive of, and in addition to, charges imposed by custodians, brokers, third-party investment managers,
deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees
and taxes on securities transactions, brokerage accounts and advisory accounts. In addition, mutual funds and
exchange-traded funds typically charge internal management fees, which the fund discloses in its prospectus.
Cerity Partners will not share in any of these additional fees with respect to Cerity Partners clients. However,
Cerity Partners may receive revenue sharing from investments by Cerity Partners clients and non-Cerity Partners
clients in certain private investment vehicles that Cerity Partners may recommend to its clients. Item 12 further
describes the factors that Cerity Partners considers in selecting or recommending broker-dealers for its clients’
transactions and determining the reasonableness of their compensation. Insurance and annuities sales
commissions earned by Cerity Partners’ affiliated insurance agency, CP Risk Management, are in addition to
any wealth management fees charged by Cerity Partners.
Cerity Partners generally calculates fees quarterly in advance, however it may in certain circumstances, calculate
fees in arrears or at different intervals for legacy client relationships, as have been mutually agreed upon.
Furthermore, for certain services, such as tax preparation, fees may be billed at a specific point in time. Cerity
Partners either mails an invoice to the client for payment or debits fees directly from the client’s investment
account. Where the fee is charged as a percentage of all the assets managed by Cerity Partners, Cerity Partners
calculates its fees against all assets in an account, and unless expressly excluded, such fee calculations include
cash, cash equivalents and margin. For billing in advance, the fee will be calculated based on a percentage of
the market value of assets in the client account(s) as of the last day of the quarter immediately preceding the
billing date. For arrears billing, the fee will be based on the average daily balance of assets as of end of day (or
in limited circumstances, end of period) in client account(s).
Cerity Partners generally relies on independent third-party pricing services that we believe are reliable to
calculate the value of client assets, including market closing or settlement prices provided by custodians, primary
exchanges, quotations from dealers or brokers, and independent pricing services. For private investments
reflected in client accounts, valuations may be provided by the investment sponsor, general partner or a fund's
manager or administrator. Such valuations may lag by weeks or months following any period end. Where Cerity
Partners or its designee values illiquid or hard-to-value investments in a client’s portfolio Cerity Partners or its
affiliates manage or recommend, it will do so in accordance with Cerity Partners’ valuation policies, under the
oversight of the CP Valuation Committee. Private investments not managed or recommended by Cerity Partners
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Item 7 – Types of Clients
Cerity Partners typically provides its services to individuals (including high net worth and ultra-high net worth
individuals), families, trusts, estates, business entities and their employees, charitable institutions, public and
private foundations, endowments, private funds, pooled investment vehicles and other institutional investors.