CIP PE Advisors, LLC

• A percentage of assets under your management
• Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated July 23, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$1,920,476,487 as of October 2026, filing dated July 23, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2025 (0 years)

Employees

Total: 23. Performing investment advisory functions: 19.

Wrap fee program participation

No.

Other offices (Schedule D, Section 1.F)

2 other offices, as of the November 2025 filing

Chicago, ILNew York, NY

States registered or notice-filed

1 state or jurisdiction

FL

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

1. August 2026
   • Changed its legal name from CIP Advisors, LLC to CIP PE Advisors, LLC.
2. July 2026
   • No longer lists the business name Comvest Private Equity.
   • No longer lists the business name Comvest Partners.
   • No longer lists the business name Comvest Investment Partners.
   • No longer lists the business name Comvest Group.
   • Changed its legal name from Comvest PE Advisors, LLC to CIP Advisors, LLC.
   • Updated its list of owners and control persons (Schedule A).
3. April 2026
   • Regulatory assets under management went from $2,155,505,243 to $1,920,476,487 (-11%).
   • Employees performing advisory functions went from 23 to 19.
4. January 2026
   • Newly registered with the SEC.
   • No longer lists the business name Comvest Capital.
   • No longer lists the business name Comvest Credit Opportunities.
   • No longer lists the business name Comvest Credit Partners.
   • No longer lists an office in Chicago, IL.
   • No longer lists an office in New York, NY.
   • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.