When should an advisor disclose the existence and nature of commissions and compensation to a client?

When should an advisor disclose the existence and nature of commissions and compensation to a client?

• A. At the time of initial presentation or prior to the recommendation, with clear, written disclosure.
• B. Only after the policy is issued.
• C. Never disclose.
• D. Disclose only if the client asks for it in writing.

Answer: (A)