2 problems with the original posters question;
You are paying an advisor and you are buying a managed fund.
As for expenses, all expenses are more than what’s stated and the managed fund is always much more than an index fund. Check the turnover rate for a managed fund, I’ve seen them in the 400% range because the manager is always trying to make the fund better, and you pay for this at tax time.
How the Expense Ratio Is Calculated
The costs that go into an expense ratio vary greatly from fund to fund. But most expense ratios include outlays for fund management, marketing, recordkeeping, administration, compliance and shareholder services. With many mutual funds, a 12b-1 fee, which covers a fund’s marketing and distribution costs, makes up a large proportion of the expense ratio.
The fees are bundled into a ratio that is expressed as a percentage of your total assets with that fund, and deducted from the net assets on an annual basis. For example, a fund with $1,000 might have an annual expense ratio of 1%, meaning that $10 is deducted from your account to cover costs every year.
Some of the fund’s costs are not included in the expense ratio, such as sales commissions paid to a broker who sold you the fund (these are referred to as loads), or trading commissions and account services fees. These are classified as debits, and they are listed on account statements.
You can find the expense ratio for a fund when comparing funds on a brokerage site, as well as on the fund’s prospectus. They aren’t typically listed in your account statements, though.
Mutual Fund Fees & Expenses-Fidelity
Access Denied
Mutual Fund Fees: A Guide for Beginners - NerdWallet
ETFs: How Much Do They Really Cost? | Charles Schwab