To be up front, I am an Advisor:
I am waiting to see the spin the banks will put out when all their clients find out that they have been paying trailer fees for years, despite being told they don't pay fees! Also, if you want a level playing field, then the Insurance regulators should also show the fees clients are paying. How many investors were sold segregated mutual funds this year so that they won't see the fees they have paid? Don't forget the statements coming out do not show the management fees paid to the mutual fund companies. Having full transparency of fees and commissions is the best way to go.