FAQs - Becoming a Client

 

 

How much money does it cost to have a relationship with a financial advisor?

 

 

Most Financial Advisors are happy to meet with potential clients. Most do not charge for an initial meeting. The advisor will be paid if you become a client by the fund company in the form of a trailer fee. They may also be paid a fee by the fund company at the time of investing. This cost is included in the Management Expense Ratio (every fund has a management expense ratio). This should be fully disclosed to the client at the time of investing. The bottom line is that you can often benefit from the advice of a Financial Advisor with no additional cost to yourself.

 

 

 

 

 

I currently go into my bank once a year and make an RSP contribution. How will it be different dealing with a personal advisor?

 

 

There are many advantages in dealing with a financial planner outside of the bank network. I can offer clients many products that are not available in bank branches. I have my insurance licence and this allows me to complete a full financial review. I am a CERTIFIED FINANCIAL PLANNER professional and have over 25 years experience. Many bank clients express frustration as they are dealing with a different branch employee year after year. My clients benefit from dealing with one advisor who is familiar with their situation and is aware of their financial goals.

 

 

 What to Expect at Your First Meeting