No, Mercer Global Advisors (“Mercer Advisors”) is compensated by the investment advisory fees paid by its clients, or by fees paid by clients engaging in separate agreements with Mercer Advisors for additional services. Mercer Advisors’ investment professionals are paid a salary (and potential bonus) derived from such fees. However, Mercer Advisors is affiliated with Heim, Young & Associates, Inc. (“MA Brokerage Solutions”), an SEC registered and FINRA member broker-dealer. If a Mercer Advisors client requires commission-based securities sales/services, the Mercer Advisors investment professional shall introduce the client to MA Brokerage Solutions. MA Brokerage Solutions does not share investment brokerage commissions with Mercer Global Advisors or the investment professional.