Marquette Associates Inc

Item 5: Fees and Compensation

Investment Consulting and Management Fees
MAI charges fees in three separate ways: 1) as a flat fee, 2) as a percentage of assets
under advisement or management and 3) billed at an hourly rate. Fees are negotiable.
For most clients, MAI negotiates a flat fee for its provision of investment consulting
services, dependent upon the value of the client’s assets under management or
advisement, complexity of portfolio, travel required, number of meetings per year, and
various other relevant factors. Flat fees are billed quarterly in advance or in arrears
dependent upon the client’s choice. In that way, the annual agreed upon fee is billed
to the client in four separate installments. Flat fees may range from $0-1,300,000 per
year.
For some clients, MAI negotiates a fee based upon a percentage of the client’s assets
under advisement or management. This fee is based upon the same factors used to
determine the flat fee. MAI charges a client quarterly based upon the value of the
client’s assets under advisement or management as of the last day of the previous
quarter. Fees are billed in advance or in arrears dependent upon the client’s choice. Fee
percentages may range from .05% to .90% of assets under advisement or management
on an annual basis.
Lastly, MAI may charge fees based upon an hourly rate negotiated with the client. This
type of fee arrangement is typically used for ad hoc projects pertaining to consulting
services. These fees will be based upon a determination of the specific nature and
circumstances of the relationship between MAI and the client. These hourly charges are
billed upon the conclusion of the services and are payable within 30 days of completion
of the services.
Terminations and Refunds. Generally, a client agreement may be canceled at any time
and for any reason, by either party, upon at least 30 days’ written notice. However,
terms related to termination and refunds are negotiated on a case-by-case basis and
are contract specific. Upon termination, any paid but unearned fees will be promptly
refunded, and any unpaid fees will be due and payable.

Other Costs
Outside of the annual fee paid to MAI, clients may also incur additional charges from
investment service providers, such as investment manager fees, transaction costs, or
custodial fees. If a client invests in mutual funds with the selected manager it may incur
mutual fund ticket charges and other transaction charges. These fees are in addition to
the fees paid by the client to MAI. Please see Item 12: Brokerage Practices for more
information.
None of MAI’s supervised persons receives compensation for the sale of securities or
other investment products, nor by recommending managers for selection. MAI does not
offer any proprietary products for investment.

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Item 7: Types of Clients
MAI provides services to institutions, individuals, families, family offices, registered
investment advisors, trusts, and charitable organizations or other business entities.

MAI does not have a minimum account size.

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