---
title: "Extract fees and channels from the Form ADV brochure"
url: "https://ailawframework.com/practice/financial-services-regulation/extract-product-terms-fees-and-distribution-channels-into-a-product-gove/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A28-A20260923-3-US"
practice_area: "Financial Services Regulation (AFSL/ASIC/credit)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Extract fees and channels from the Form ADV brochure

> From the brochure the lawyer supplies, list each fee, the service it covers, and each distribution channel the brochure names, with the page. Write no new brochure sentence.

Canonical page: https://ailawframework.com/practice/financial-services-regulation/extract-product-terms-fees-and-distribution-channels-into-a-product-gove/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Financial Services Regulation (AFSL/ASIC/credit)](https://ailawframework.com/practice/financial-services-regulation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the brochure the lawyer supplies, list each fee, the service it covers, and each distribution channel the brochure names, with the page. Write no new brochure sentence. |
| What the lawyer must review | Investor.gov states that Form ADV Part 2 requires narrative brochures with plain-English disclosures of the adviser's business practices, fees, conflicts of interest, and disciplinary information, and that the brochure is the primary disclosure document and must be delivered to advisory clients. Part 3, the relationship summary, is for an SEC-registered adviser that offers services to retail investors and covers services, fees and costs, conflicts, the standard of conduct, and legal and disciplinary history. The tool extracts. The lawyer checks every row against the brochure before it is used. |
| Written for | United States |
| Applies to | [Extract product terms, fees and distribution channels into a product-governance table](https://ailawframework.com/practice/financial-services-regulation/extract-product-terms-fees-and-distribution-channels-into-a-product-gove.md) |

## Checking plan

- What the AI does: From the brochure the lawyer supplies, list each fee, the service it covers, and each distribution channel the brochure names, with the page. Write no new brochure sentence.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- A table is not a Form ADV filing and not a client brochure.
- Do not add a fee the brochure does not state.

## Sources

- [Investor.gov, Form ADV](https://www.investor.gov/introduction-investing/investing-basics/glossary/form-adv) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)
- [ABA Model Rule 1.1, Competence](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_1_competence/) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*