Fees
The most basic rule about an investment adviser’s fee, but also the most nebulous, is that an adviser’s fee must not be unreasonable. This means that the fee should not too greatly exceed what other advisers charge for the same services, nor should it vary too greatly from what that adviser charges his or her other clients for the same services. In addition to a fee being reasonable, there are also certain disclosures and requirements for financial professionals when working with their clients.