Rehmann Capital Advisory Group, LLC has been providing financial planning and investment advisory services to individual clients, as well as trusts, endowments, qualified retirement plan sponsors, and business entities since 2001. We are organized as a Limited Liability Company (“LLC”) under the laws of the State of Michigan. We have branch offices in Michigan and Florida. Rehmann Capital Advisory Group, LLC also transacts business under the assumed names “Rehmann Financial” and “Rehmann Wealth”. Rehmann Capital Advisory Group, LLC is registered with the SEC which allows us to offer you investment advisory products and services. These services are offered through advisors who have registered with us as Investment Adviser Representatives (“Advisors”). The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words “we”, “our”, and “us” refer to Rehmann Capital Advisory Group, LLC and the words “you”, “your” and “client” refer to you as either a client or prospective client of our firm. Our Ownership Structure We are owned by Rehmann Financial Group, LLC. Rehmann Financial Group, LLC is owned by Rehmann, LLC. No shareholder of Rehmann, LLC has more than 25% control or ownership of our firm. Assets Under Our Management As of January 1st, 2024, our regulatory assets under management are $3,846,368,000. We manage $2,728,385,000 on a discretionary basis and $1,117,983,000 on a non-discretionary basis. $2,004,842,000 of the total listed above are ERISA assets. Full information regarding the discretion levels can be found in our most recent version of the ERISA ADV Part 2A that we provide to those clients. Investment Advisory Services We offer a variety of advisory services. Our primary services are listed below and described in more detail later in this section (except for ERISA services which are described in a separate disclosure brochure):
• Portfolio Management Services
• ERISA Plan Consulting and Advising
• Access to Third Party Managers
• Financial Planning
• Financial Consulting Rehmann Capital Advisory Group, LLC 4 March 15, 2024 Portfolio Management Services Rehmann Capital Advisory Group, LLC has relationships with multiple custodians (i.e. Fidelity Institutional Wealth Services ("Fidelity"), TD Ameritrade, and National Trust Advisory Company (“NATC”). This allows our Advisors to design a program or plan matched to your stated objectives and needs. The investment advisory services offered may vary from each of our Advisors. We do not have any proprietary products or funds. Rather, each Advisor provides you with their unique approach to your needs. Some of our Advisors manage their own portfolios. They will have discussions with you regarding, among other things: your investment objectives, risk tolerance, investment time horizon, account restrictions, and overall financial situation. Based on this information, your Advisor will either construct a customized portfolio for you or utilize one of the models they have constructed and manage. These portfolios may consist of mutual funds, exchange traded funds, equities, options, debt securities, variable life, variable annuity sub-accounts (certain restrictions may apply) and/or other investments. Our Advisors also work with Rehmann Capital Management Group (RCMG), our in-house investment team of managers that construct and monitor managed asset allocation models. These models are diversified across various investment styles and strategies. The portfolios typically consist of mutual funds, exchange-traded funds, equities, options, and/or debt securities. We offer both discretionary and non-discretionary portfolio management services to our clients. Please reference Item 16: Investment Discretion for more information pertaining to this subject. Clients may impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. For example, some clients have asked that we not purchase tobacco or alcohol securities in their accounts. Just provide us with a written request and, if possible, we will accommodate your request. We recommend that all our clients work with a qualified attorney and/or tax professional. With your written permission, we will be glad to work with your current legal adviser or tax professional with respect to any estate planning and tax planning recommendations that we make to you. We are not qualified to, and do not provide legal, tax or accounting advice. We also do not prepare legal documents for you. The only exception to this would be if your Advisor is also a dually licensed attorney or accountant in the state where you live. Your personal attorney will be solely responsible for providing legal advice, legal opinions, legal determinations, and legal documents. Your personal tax adviser or accountant will be solely responsible for any tax or accounting services provided to you. We do not participate in wrap fee programs. ERISA Plan Consulting and Advising Rehmann Capital Advisory Group, LLC provides consulting and advisory services for employer- sponsored retirement plans in accordance with the Employee Retirement Income Security Act (“ERISA”). Rehmann Capital Advisory Group, LLC 5 March 15, 2024 The services provided are ERISA 3(21) and 3(38) fiduciary services depending on the desires of the plan sponsor. Both 3(21) and 3(38) advisors accept fiduciary responsibility and adhere to ERISA 404(a)’s duty to act in good faith and with

the degree of diligence, care, and skill that a prudent person rendering similar services would exercise under similar circumstances. Plan sponsors retain the responsibility to select and monitor the advisor, regardless of their advisor’s fiduciary status. These services are provided on a discretionary basis for ERISA 3(38) services and a non-discretionary basis for ERISA 3(21) services. Under a 3(21) fiduciary advisory arrangement we will assist in the drafting of the investment policy statement (IPS), help design initial fund menu, monitor the selected investments, provide participant education, and provide guidance throughout the fiduciary process. As an ERISA Section 3(21) fiduciary, we do not have authority to make and implement fiduciary decisions for the plan. The plan sponsor is responsible for the selection and monitoring of the 3(21) investment manager and implementation of any of the 3(21) investment manager’s investment recommendations, and assumes responsibility and liability for any overriding decisions made by the plan sponsor. Plan Sponsors or trustees may also elect to appoint Rehmann Capital Advisory Group, LLC as a 3(38) fiduciary investment manager. Under this arrangement, we draft the IPS, accept discretion over plan assets, and assume full responsibility and liability for fiduciary functions related to the investment options available to plan participants and the ongoing monitoring and documentation requirements under ERISA. Access to Third Party Managers Some of the programs we offer will use the services of third-party money managers as sub-advisors. If your Advisor chooses this option, they will select a manager whose style and talent best fit your individual needs and objectives. Your agreement with us gives us the authority to hire or fire these managers on your behalf. Once a manager is selected, your Advisor will continue to monitor their performance. If our services to you include the use of these managers, you will typically sign an agreement with them in addition to the advisory agreement you will sign with us. If you are interested in learning more about any of these third-party managers and their services, a complete description of their programs, services, fees, payment structure and termination features are found in their service disclosure brochures, investment advisory contracts, and account opening documents. Our advisory responsibility is to select and monitor any third-party manager that provides services to us. Factors that we consider in their selection include:
• Their size
• How long they have been in business
• The experience level and turnover of their portfolio managers
• A review of their historical performance and risk measurements
• A review of their disclosure documents Rehmann Capital Advisory Group, LLC 6 March 15, 2024 In deciding to use a third party to manage your assets, we consider your risk tolerance, goals, objectives, time horizons, and general financial situation. We also consider your level of investment experience and the assets you have available for investment. If you were to go to these third-party managers on your own, the fees they charge you may be more or less than going through us. However, when using their services directly, you will not receive our expertise in developing an investment strategy, selecting the managers to use, monitoring the performance of your account, and changing managers if needed. Financial Planning Services Financial planning and consulting services may include tax-related and other non-investment related matters, including educational services. The plan we develop for you will likely include general and specific recommendations for courses of action. We provide one-time financial planning services that include a review of your financial circumstances, financial goals, and a written report of recommendations. A full financial plan normally covers:
• Present and anticipated assets and liabilities
• Insurance needs
• Savings needs
• Investments
• Anticipated retirement resources and needs
• Other employee benefits We also offer modular financial plans. For example, if all you are looking for are college funding projections or a cash flow analysis, we will prepare a modular financial plan for you specific to these topics. Financial Consulting Services We offer consulting services on a one-time, ongoing, or periodic basis. Following is a short description of some of these non-discretionary investment advisory services. Investment Portfolio Analysis: We provide you with investment advice on a non-discretionary basis. Communications would be done through mail, telephone, or e-mail. We may provide investment advice regarding:
• asset allocation
• investment portfolio construction
• investment selection
• investment adviser retention
• other services as agreed upon by both parties Financial Counseling: We can help you design personal financial goals and objectives. We can also make recommendations on how your current financial resources are allocated. Rehmann Capital Advisory Group, LLC 7 March 15, 2024 Review of Accounts: We can perform an annual review of your account(s) and if necessary, recommend changes to your investments. We will also make recommendations for the implementation of proposed changes if needed. Securities Research: We can provide research and advice regarding specific securities, industries and/or markets. Other Advisory Services Relating to Securities: We offer other advisory services as described in the client agreement that you sign with us.