Moneta Group Investment Advisors LLC

Item 5: Fees and Compensation
Methods of Compensation
Individuals, Retail & Family Office Service Clients
Fees are set forth in each client’s engagement agreement and are shown annualized unless otherwise specifically provided.
Fees are structured to usually include one or more of the following components: (1) an annual flat/fixed fee basis, which can
be for financial planning or for managing assets, (2) hourly (for certain services rendered, including financial planning) and (3)
based on the aggregate market value of the client accounts advised on by Moneta. Variable fees based on the aggregate
market value of the client accounts generally range from 20 to 100 basis points (1 basis point = 1/100th of 1% or .01%). Fees
for any service are negotiated on an individual, client-by-client basis and can include fee waivers at certain times and for certain
situations. Annual asset-based fees can at times exceed this range. Different clients will have different fee schedules as a result
of differing client needs and services. Clients with questions regarding Moneta’s fees or what assets or accounts are subject to
billing should contact their Advisor specifically or Moneta Team generally.
Clients will be billed on a quarterly basis in advance or in arrears, depending on the negotiated client preference, account
structuring and Moneta requirements. Fees, with few exceptions, shall be pro-rated for any period less than a full calendar
quarter. For such periods, the fees are generally billed and amounts owed are based on the market value of the portfolio on
the last business day in which the Services were provided. Alternatively, Teams can agree with the Client to bill prospectively
on the amounts brought over from another firm as of the date they are transferred, then move to a quarterly billing cadence
thereafter. Where appropriate, Moneta will rely on the valuation and other relevant information provided by third-party asset
managers, brokers, or custodians. For private fund investments and other investments, Moneta will rely on information from the
relevant custodian data feeds, but can at times rely on information provided by the issuer or their agent if such information is not
available from the custodian.
Fees are generally deducted from client-designated accounts, although clients can choose to be invoiced and pay fees
separately. If a client has insufficient cash within their account to cover Moneta’s fees, Moneta will, under limited circumstances,
create sufficient cash for its fees by liquidating certain investments, subject to any restrictions imposed by the applicable client.
Clients can choose to use margin in their account(s), whether to withdraw funds from the account, or to purchase additional
securities. The use of margin will usually amend or replace existing Fee Schedules in client advisory agreements. In circumstances
where margin is utilized as a tool within the client’s portfolio, Moneta will consider the total market value of the assets in a client’s
account regardless of the margin balance. This means that if a client chooses to use margin to purchase securities, the total value
of the account, including those margin securities, will be considered when determining the advisory fee payable by the Client.
Therefore, the use of margin usually raises the advisory fee, as further described below.
The corresponding increase in advisory fee as a result of margin creates a conflict of interest for Moneta. The more a client
borrows on margin to purchase securities, the higher the Moneta advisory fee will be. If a client chooses to make a withdrawal
of cash on margin from the account, the total market value of the assets in the account remains unchanged. If a client utilizes
margin, margin fees and costs (in the account where margin is used) can vary when comparing custodial account statements to
Moneta statements. The variance can occur because of transactions placed in the client account that have not yet settled, and
related accounting variances, such as mechanisms for including accrued interest in account statements or timing of reporting.
Moneta seeks to mitigate this conflict by executing a margin loan for a client only when specifically requested by the client and
when using margin would be beneficial for the client’s overall circumstances. Moneta will also mitigate the conflict of interest by
conducting surveillance on accounts where clients have elected to use margin. The client can terminate the advisory relationship
by written notice provided in accordance with the client’s engagement agreement. If the client’s advisory relationship is
terminated, any fees for services not yet provided will be refunded to the client, as outlined in the engagement agreement. We
encourage clients to discuss the use of margin with their Moneta Team member and seek advice on whether there are
alternatives to using margin, particularly on a long-term basis. We also encourage clients to understand the additional risks
associated with using margin and discuss those risks, and additional fees including interest charges, with their Moneta Team
prior to electing to use margin.

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Institutional Clients
Fees are set forth in each client’s engagement agreement and are shown annualized unless otherwise specifically provided.
Fees generally follow the same approach as outlined above (see fee disclosure for Individuals, Retail & Family Office Service
Clients). Different clients will have different fee schedules as a result of differing client needs and services.
Fees are generally deducted from client-designated accounts, although clients can choose to be invoiced and pay fees
separately. If a client has insufficient cash within their account to cover Moneta’s fees, Moneta will, under limited circumstances,
...

Item 7: Types of Clients

Moneta provides services to a wide array of clients; however, Moneta generally categorizes its clients into two broad
categories: (i) Individual, Retail & Family Office Clients primarily consisting of high-net-worth individuals, families, trusts and
estates, and (ii) Institutional Clients consisting of 401(k) and other pension plans and profit-sharing plans, foundations,
endowments and other charitable (i.e., not-for-profit) organizations.

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