Subject: Fee Table comment
From: Peter A. Ferriero
June 28, 2018
Dear Ms. Foehl
Arriving at a transparent, understandable and uniformly applicable table of fees and related services for comparability between advisors appears difficult due to varying business models and regulatory requirements.
Fees alone can be readily quantified if all costs, commissions, markups, brokerage fees and expenses hidden in products are disclosed resulting in a clear total fee. This must be a requirement after which consumers can determine if the service justifies the fee.
There would be a minimal cost and time expense for advisors to maintain a fee table.
PETER A. FERRIERO
Rocky Hill Advisors