An advisory agreement between Deutsche Bank and Cerberus Capital Management is expected to end at the end of 2019, people familiar with the matter said, terminating an unusual relationship that drew both praise and scrutiny.

The arrangement made Cerberus a paid adviser and a top shareholder of the German lender. Cerberus holds 3% of Deutsche Bank shares through an entity controlled by Cerberus’s co-founder and co-chief executive, Stephen Feinberg.