Our Fees
When you partner with a financial planning team, you want to be confident that they are focused on building a lifelong relationship, and not just making a sale. As part of our commitment to you, we designed our firm so that our primary source of revenue is the ongoing comprehensive financial advice we provide and not one-time product sales. Therefore, we have a minimum annual fee of $3,600 + HST ($300 + HST per month), which can be fully offset by the fees charged to your investment accounts as per our schedule below. For example, if you have investments over and above $290,000 with an annual fee rate of 1.25%, our minimum annual fee of $3,600 will be fully covered.
Our Fee Schedule
| | Tier Start | Tier End | Rate |
| Tier 1 | $0 | $250,000 | 1.50% |
| Tier 2 | $250,000 | $500,000 | 1.25% |
| Tier 3 | $500,000 | $1,500,000 | 1.00% |
| Tier 4 | $1,500,000 | $2,500,000 | 0.75% |
| Tier 5 | $2,500,000 | $5,000,000 | 0.50% |
| Tier 6 | $5,000,000+ | | Negotiable |
We charge based on a percentage of assets under management because, in most cases, the complexity of your situation and the time required to address it properly will increase along with the size of your portfolio. We use a sliding scale which means that the more you invest, the less you pay. When your portfolio value reaches a certain tier, the rate of that tier is used to calculate the total fee amount from dollar one for the billing period. We do not charge our fee on any cash, GICs, and money market funds held in your portfolio. Consequentially, these types of assets are not counted towards your portfolio value for fee calculation purposes.
We believe in transparency, so we choose to let you know the costs up front, as well as the value you should expect to receive from a trusted advisor. We use primarily F class mutual funds/managed portfolios, which separates the management (fund company) compensation from the compensation for financial planning advice. We have access to many fund companies and can often find a lower cost manufacturer (lower management fee) so that your total cost in working with us is often the same as or even less than you are currently paying.