Preliminary Request for Public Comment on Proposed Fee Table for State-Registered Investment Advisers

July 10, 2018 - Alice Finn

Subject: Fee Table comment
From: Alice Finn
July 10, 2018

Thank you for giving us the opportunity to comment on this.

I believe the two main questions that should be answered by any Fee Table are:

1.  What are all the ways the RIA gets paid when working with a client? This should disclose any potential conflicts of interest.
2.  What are all the other fees and expenses the client will be paying (in addition to the fees paid to the RIA)?

I think the top part of the fee table answers question 1. However, I am not sure the bottom part of the fee table asks and completely answers #2. For example, since we use index funds, should we list the index funds’ internal fees in a separate line?

Finally, I agree with other people’s comments that this chart should be part of the ADV disclosures, rather than a separate form/disclosure.

Thank you again for considering everyone’s input.


Alice Finn
Founder and CEO
PowerHouse Assets LLC