How should fees, including commissions, be disclosed?

How should fees, including commissions, be disclosed?

• A. Fees should be announced verbally at the end of the engagement.
• B. Only disclosed when the client requests.
• C. Clearly present upfront and ongoing fees, how they are calculated, and whether commissions or incentives could influence recommendations.
• D. Disclosures are unnecessary if the product is transparent.

Answer: (C)