We are not paid commission on any investments we use. As such, our compensation is based entirely off management fees which are calculated based on the table below:
|Assets Under Management||Annual Management Fee Rate||Monthly Fee Range|
|First $100,000||1.00%||$0 - $83|
|$100,000 - $250,000||0.80%||$83 - $183|
|$250,000 - $500,000||0.60%||$183 - $308|
|$500,000 - $1,000,000||0.45%||$308 - $496|
|$1,000,000 - $2,000,000||0.35%||$496 - $787|
|Over $2,000,000||0.25%||Over $787|
All management fees within a taxable account are tax deductible.
What does my fee cover?
All services provided by Shouldice Wealth Ltd. including:
- Financial Planning
- Investment Management
- Tax Optimization
- Estate Planning
All fees payable to the Custodian including:
- Account Opening/Closing Fees
- Custodial/Account Admin Fees
- Trading Fees
- Transfer Out Fees
- Account Registration/Deregistration Fees
What doesn't my fee cover?
The only additional cost you will incur is the MER (management expense ratio) charged within the investments held by your Portfolio. Shouldice Wealth Ltd. does not control these fees or receive any form of compensation from them. As such, our priority is to own low-cost investments that maximize your after-tax rate of return. Currently these costs average 0.3% on a balanced portfolio.