Fee Disclosure Purpose Guide the understanding and application of fee disclosure requirements across the advisory and brokerage landscape. This skill covers RIA fee disclosure (Form ADV), fund-level fee tables, Reg BI cost obligations, wrap fee programs, ERISA fee transparency, and revenue sharing — enabling a user or agent to identify where fee disclosure gaps or violations may arise. Layer 9 — Compliance & Regulatory Guidance Direction prospective When to Use - Designing fee schedules and fee disclosure documents for advisory firms - Reviewing Form ADV Part 2A Item 5 (Fees and Compensation)…