How We Get Paid in Segregated Funds
| Front End Load (FE) | No Load (NL) | No Load Advisor Charge Back |
| -Up front commission paid to us straight out of your funds -We are paid a trailing commission of 1% each year based on balance of your portfolio -You are not committed to the financial company at all and can take all your money out at any time without penalty – you can change advisor and keep the money invested with the financial institution anytime without incurring a fee -this arrangement has you start off on a negative because you are actually redeeming assets to pay our commission. I do not like this arrangement and have never sold one -this arrangement allows us to pay for tax services and ongoing services offered by us. – helps if you have a smaller investment and want to reap the benefits of ongoing advice | -No up-front commission for advisor -We are paid a trailing commission of 1% each year based on balance of your portfolio -you have no commitment to the financial institution and can move money at any time without penalty -you can change advisor and keep the money invested with the financial institution anytime without incurring a fee -this arrangement allows us to pay for tax services and ongoing services offered by us. | -up front commission paid by company money is invested with and depending on company 3% -tailing commission paid is paid following 2 years – you have no commitment to the financial institution and can move money at any time without penalty -you can change advisor and keep the money invested with the financial institution anytime without incurring a fee -this arrangement allows us to pay for tax services and ongoing services offered by us. – any charges incurred on the change of companies or product will be paid by advisor |
How We Get Paid in GIC or GIA or Market-Linked GIC
| We get up front commission paid by the company we invest money with. Usually, .2% per year of the GIC investment; some companies pay .2.5% or as high as .4%. I will always show you the highest rate and we decide which company offers the best GIC or GIA for your plan. |
How We Get Paid with Life Insurance plans
| We get paid an up-front commission and trailing commissions depending on the type of plan you purchase. The commission is based primarily on the amount or the cost of insurance. |