Mariner Independent Advisor Network LLC

Item 5-Fees and Compensation

General Fee Information

Fees are due, payable, and deducted from your account by the custodian in advance (unless
otherwise stated in the client agreement due to a TAMP relationship or unique custodial platform)
and are based upon the market value of the client’s account assets as of the close of business on the
last day of the previous calendar quarter as valued by the applicable custodian or another
independent third-party, as set forth on the most recent statement made available to us, or as
otherwise dictated by the client’s Agreement. The Agreement also addresses the application of fees
with respect to accrued interest. The Agreement and/or the separate agreement with any financial
institution(s) authorizes us to invoice the custodian for the advisory fee. The Agreement further
authorizes the custodian to deduct the amount stated in the fee statement from one or more of the
client’s accounts in accordance with applicable custody rules. The custodian does not validate or
check our fee or its calculation on the assets on which the fee is based. The custodian will deduct
the fee from the account(s) or, if the client has more than one related account(s), from the account
designated by the Firm and/or the client to pay our fees, as applicable. The custodians with which
our clients maintain accounts have agreed to send statements to each client, at least quarterly,
indicating all amounts disbursed from the account(s), including the amount of advisory fees paid
directly to us. We urge clients to carefully review such account statements for accuracy.

Fees for the initial quarter are adjusted pro rata based upon the number of calendar days in the
calendar quarter that the Investment Advisory Agreement goes into effect. Fee schedules are set forth
by the platform provider and agreed and monitored by the Firm; however, our IARs have the ability
to negotiate fees, in their sole discretion with the client, so long as such fees fall within the ranges
approved by the Firm and are reasonable in nature, based on factors such as the complexity of the
client’s situation, scope of services provided and expertise of the IAR.

The advisory relationship can be terminated by the client or by third parties to the contract in
accordance with the provisions of the Investment Advisory Agreement and Platform/TAMP
paperwork. The client receives a pro rata refund of any prepaid unearned advisory fees. Any unpaid
fees become immediately due and payable. Clients receive an account statement from their
custodian at least quarterly. The statement includes the amount of any fees paid directly to the Firm.
Clients should note that the same or similar services to those described above can be available
elsewhere at a lower cost to the client.

The Firm may employ a third-party manager to manage a portion of your account, including third-
party managers affiliated with the Firm. The fees payable to a third-party manager will be set forth
in a written agreement and shall be in addition to the advisory fee payable under your Agreement.
If the Firm retains the third-party manager as a “sub-adviser” to your account, depending on the
agreement between the Firm and the sub-advisor the Firm will typically either pay the sub-advisory
fee from your advisory fee payable to the Firm or the sub-advisor will deduct its fee from your
account directly, but for certain sub-advisers there may be a separate written agreement between

                                        Mariner Independent Advisor Network, LLC-Form ADV Part 2A
                                                                                    March 27, 2026

you and the sub-adviser to pay an additional amount directly to the sub-adviser.

To the extent that a client authorizes the use of margin, the market value of the client’s account and
corresponding fee payable by the client may be increased. Clients authorizing margin are advised
of the potential conflict of interest whereby the client’s decision to employ margin may
correspondingly increase the advisory fee payable to the Firm.

Transaction Based Fee and Asset Based Fee Options

The Firm offers two forms of pricing/fee options that vary on how transactions within investment
portfolios are paid for. The details for Transaction Based Fee Option (“TBFO”) and Asset Based
Fee Option (“ABFO”) are outlined in the sections below.

1) Transaction Based Fee Option (TBFO)
The Firm offers two different forms of TBFO which are available on any custodial platform that the
Firm offers. Under one of the forms of the TBFO, clients pay separate transaction charges and/or
commissions at the time of each transaction in addition to investment advisory fees. As a fee-based
investment adviser, the Firm generally avoids investment vehicles that charge the client a
commission for their sale or purchase. However, if a commission is charged, this cost will be passed
on to the client. Most brokers and custodians charge transaction fees to effect trades for a client’s
account. These fees are levied by the broker or custodian to cover their costs for completing the
transaction. The Firm does not share or participate in any such transaction fees, commissions, or
12b-1 fees, if applicable. 12b-1 fees are marketing and distribution fees on a mutual fund. The 12b-
1 fee is considered to be an operational expense and, as such, is included in a mutual fund’s expense
ratio.

In the other form of the TBFO, the IAR can agree to pay transaction charges and/or commissions
pursuant to a written agreement between the client and IAR. Transaction fees vary by broker and/or
custodian and can vary by IAR. Please ask your IAR for details on transaction fees and/or
commissions specific to your account. The IAR can charge a higher overall advisory fee in order to
offset their cost for the transaction charges involved in the management of the portfolio.
...

Item 7-Types of Clients

There are minimum account size requirements for Direct Asset Management Services as well as
Consulting and Financial Planning Services offered through the Firm and the individual IARs that
are affiliated with the Firm. In addition, there can be minimum account size requirements
established by the particular investment platforms of the Custodians used by the IARs. The Firm,
office, or the custodian can waive these minimum account size requirements.

Our IARs provide personal advisory services to individuals, high net worth individuals, pension and
profit-sharing plans, including plans subject to the ERISA, trusts, estates, charitable organizations,
and corporations, as well as other business entities.

If a client’s account is a pension or other employee benefit plan governed by ERISA, the Firm can
be a 3(21) fiduciary to the plan. In providing our investment advisory services, the sole standard of
care imposed upon us is to act with the care, skill, prudence and diligence under the circumstances
then prevailing that a prudent person acting in a like capacity and familiar with such matters would
use in the conduct of an enterprise of a like character and with like aims.

We will provide certain required disclosures to the “Responsible Plan Fiduciary” (as such term is
defined in ERISA) in accordance with Section 408(b)(2), regarding the services we provide and the
direct and indirect compensation we receive by such clients. Generally, these disclosures are
contained in this Brochure or the RCPA and are designed to enable the ERISA plan’s fiduciary to:
(1) determine the reasonableness of all compensation received by us; (2) identify any potential
conflicts of interest; and (3) satisfy reporting and disclosure requirements to plan participants.

                                       Mariner Independent Advisor Network, LLC-Form ADV Part 2A
                                                                                   March 27, 2026