We are paid for our advice and expertise – not to promote products. Before we begin any work together, we disclose our fees in writing to you. There are no surprises or hidden fees. Our minimum account size for new clients is $1 million.
Our fees are paid quarterly in arrears. We have a tiered fixed fee calculated as a percentage of assets under our management based on average daily balance of the previous quarter. The fees are tiered at 1.25% under $1 million, 0.95% between $1 million to $2 million, 0.89% from $2 million to $5 million, 0.75% for $5 million to $10 million, and 0.50% for more than $10 million.
| Assets | Annual Fee % |
|---|---|
| Under $1M | 1.25 |
| From $1M – $2M | 0.95 |
| From $2M – $5M | 0.89 |
| From $5M – $10M | 0.75 |
| More than $10M | 0.50 |
Investment Management
Our asset management includes financial planning, portfolio strategy, in-person reviews, continual monitoring and strategic rebalancing of your portfolio, as well as guidance on all other financial matters of concern to you.
We do not custody your assets.
Your assets under our management are held by an independent custodian (typically TD Institutional) in your name. We have no ability to draw upon any client funds held by the custodian, other than to deduct our advisory fees as per our written client agreement. We are not affiliated with the custodian.
Clients are able to see their accounts in a few different ways:
- Online through myWealthDashboard on our home page
- Online access directly to the custodian’s website
- By paper or email, directly from the custodian via monthly account statements
- Online and email or paper statements provided by us
A comprehensive financial plan for our clients addresses:
- How to manage your resources so as to fund multiple goals, from college funding to retirement saving and investing.
- Planning for spending in retirement when not earning an income: how to structure your investment portfolio so you can fund your lifestyle without taking more risk than necessary to attain your goals. We calculate a sustainable withdrawal schedule from your portfolio and advise you on maximizing your social security benefits.
- How to position your portfolios to maximize tax efficiencies.
- Creating cash flow models offering strategies for debt reduction, savings, income
- Estate planning, to ensure that you are able to provide for the financial health and well-being of your family and make it easier for them to sort out your affairs after you’re gone, as well as to reduce amounts subject to federal estate taxes.
- Recommendations for an overall portfolio strategy outlined by asset class, such as stocks and bonds, large cap and small, value and growth styles, domestic and international.
Included in our holistic approach to investment management and financial planning is access to myWealthDashboard. Learn more about myWealthDashboard here.
