New rules require your financial advisor or brokerage to state all fees paid to them directly by your or indirectly via commissions. It is called CRM2. This disclosure change has been debated and in the works for over five years
Are you getting your money’s worth from your financial advisor? The new fee disclosure statement allows you to see how much your advisor is paid for having you as a client….. but it does not include the fees to manage ETFs and Funds paid to the fund managers.