Fee Disclosure

This walks you through fee disclosure rules across RIAs, broker-dealers, funds, and ERISA plans. You'll want it when drafting Form ADV Item 5 schedules, checking prospectus fee tables, or reviewing whether your Reg BI disclosures actually tell clients the all-in cost. It covers the stuff that triggers enforcement actions: 12b-1 fees when cheaper share classes exist, undisclosed revenue sharing from fund platforms, wrap programs that aren't cost-effective for buy-and-hold clients. The skill maps where disclosure gaps create regulatory risk, from indirect compensation buried in fund expenses to reverse churning in wrap accounts. Treat it as a checklist for "are we showing clients every layer of what this costs them."

Install to Claude Code

npx -y skills add joellewis/finance_skills --skill fee-disclosure --agent claude-code