Mercer Global Advisors Inc

ITEM 5 – FEES AND COMPENSATION
Mercer Advisors reserves the right to negotiate investment management fee arrangements with prospective
and existing clients. Mercer Advisors can agree to make exceptions to its standard fee schedule on a case-by-
case basis at its discretion. Investment management and other fees assessed (including without limitation
those associated with financial planning, tax, estate planning and other services) vary from client to client
depending upon a number of factors, including the amount of assets under management, the nature of the
assets, the type of analysis required to manage the account(s), the level of service required by the client, the
longevity of the client relationship with Mercer Advisors, and other factors. Please see additional disclosures
below.

Mercer Advisors collects fees monthly. Clients authorize Mercer Advisors to debit fees directly from the clients’
account(s). For a limited number of accounts where the firm is unable to collect fees directly from client
accounts, Mercer Advisors will bill the client directly. For limited situations, services, or payments due, clients
may be able to pay via credit card.

Management fees shall not be prorated for each capital contribution and/or withdrawal made during the
applicable calendar month, unless otherwise agreed upon in writing. Accounts initiated or terminated during a
calendar month will be assessed as a prorated fee. Upon termination of any account, any prepaid, unearned fees
will be refunded promptly; any earned, unpaid fees will be due and payable.

For firms acquired by Mercer Advisors, generally the client will remain on their current fee schedule, billing
calculation methodology and payment method until notice of a change in the fee or billing practice is provided
to the client.

Investment Management Fees

Mercer Advisors believes that individual and family clients can benefit by looking at their financial life
holistically – blending investment, financial, tax and estate planning. The firm offers different service options
to help meet the needs of our clients.

Please Note: Not all services are included with each client offering. Clients choose the service level that they
prefer. Please reference important information regarding fees later in this section.

For clients who do not desire a financial plan and a broader set of services, we offer a simplified Guided
Investing solution. Guided Investing fees start at 1.10% annually for the first $1 million in managed assets and
have a lower minimum fee of $1,200 annually. Guided investing offers investment management services only.
Ancillary services such as financial planning, estate planning, etc. are not included with Guided Investing.

                                   Wealth Path- Standard Annual Fee Schedule

              WEALTH PATH TIERED ADVISORY FEES-PERCENTAGE OF ASSETS MANAGED

              First $1,000,000                                     1.30%
              Next $1,000,000                                      1.00%
              Minimum Fee                                          $6,000

                                 Custom Wealth– Standard Annual Fee Schedule

              WEALTH MANAGEMENT TIERED ADVISORY FEES-PERCENTAGE OF ASSETS MANAGED

              First $1,000,000                                          1.10%
              Next $1,000,000                                           1.00%
              Next $3,000,000                                           0.90%
              Next $5,000,000                                           0.75%
              Over $10,000,000                                          0.50%
              Minimum Fee                                               $15,000

                                 Ascend Group– Standard Annual Fee Schedule

              ASCEND GROUP TIERED ADVISORY FEES-PERCENTAGE OF ASSETS MANAGED

              First $1,000,000                                    1.10%
              Next $1,000,000                                     1.00%
              Next $3,000,000                                     0.90%
              Next $5,000,000                                     0.75%
              Over $10,000,000                                    0.50%
              Minimum Fee                                         $75,000

Clients with greater than $25 million in managed assets may be eligible for our Regis ultra-high net worth
service offering. The Regis offering allows customized family office services for ultra-high net worth
clients. Regis services vary depending on the client’s needs. Fees are disclosed on the individual client
agreements, and the minimum advisory fee for the service offering is $150,000 annually.

Additional sub-advisory fees apply when using Separately Managed Account (SMA) strategies. Funds and
investments are held by third party custodians and will incur fees for certain transactions. Please refer to your
agreement with the custodian for additional information.

Investment Management fees will vary based on assets under management. Fees are charged and calculated
monthly, in arrears based on the average daily balance. Investment Management fees can change from time to
time with advanced notice to existing clients.

Please Note: Certain accounts utilize third-party aggregation tools which rely on the account owner to
maintain the connection to the Mercer Advisors’ systems via entry of a login name and password. These data
feeds can break from time to time. When we discover a broken data feed, we will notify the client to reconnect.
In instances when the connection remains broken at the time the monthly fee is calculated we will rely on the
most recently utilized account value for billing purposes. The resulting fee calculation may be higher or lower
than if the data feed had remained connected. If the connection continues to remain inactive for an extended
...

ITEM 7 – TYPES OF CLIENTS
Mercer Advisors provides investment advisory services to individuals, high-net-worth individuals, pension
and profit-sharing plans, corporations or other business entities, charitable/non-profit organizations,
foundations, trust, estates, and brokerage customers, among others.