As financial advisors, we understand that trust is critical to any successful long-term relationship. This is a terrific question to ask, and we fully appreciate the gravity of your decision to entrust us with your life savings.

To earn your trust, we would take the time to explain our credentials, experience, and approach to investing and planning. We would also provide references and testimonials from other clients who have entrusted us with their financial futures.

Additionally, we would explain how we are compensated for our services and ensure that you understand the fees associated with any investment and planning recommendations we may make. We would also be transparent about potential conflicts of interest and how we manage them.

Most importantly, we would listen carefully to your financial goals and concerns and work collaboratively with you to develop a customized investment, retirement, and tax plan that aligns with your objectives. We would be proactive in keeping you informed about the performance of your portfolio and adjusting as needed to ensure that you remain on track to meet your financial goals.

Ultimately, we believe that trust is earned through open and honest communication, personalized attention, and a track record of delivering results. We would be committed to building a relationship with you based on these principles and earning your trust through our actions and expertise.

We are happy to answer any questions you may have during an initial meeting at no cost.

By setting a minimum account size, we are able to ensure that we are able to provide the level of service and expertise that our clients expect and deserve. This includes developing customized investment strategies that align with each client’s financial goals and risk tolerance, ongoing monitoring of portfolio performance, and regular communication to keep clients informed about their investments.

We understand that our minimum account size may not be feasible for all investors, but we are happy to provide recommendations to other advisors who could better serve your needs.

Asset management fees are charged on an account basis.

As per the CRA, individuals can claim fees to manage investments in their non-registered accounts.

Fees paid in registered accounts such as RRSPs and TFSAs are not tax deductible.

Check out the link to our video below for additional information.

Can You Deduct You Financial Advisory Fees? – Trans Canada Wealth Management

National Bank Independent Network is Harbourfront’s custodian for client assets. Client accounts are held with NBIN, a division of National Bank Financial. National Bank is a chartered bank, as well as one of Canada’s oldest financial institutions and the largest provider of back office support for IIIROC firms. Currently NBIN manages 160 billion in custodial assets.

Harbourfront is a member of the Canadian Investor Protection Fund. By having an account with Harbourfront you have automatic CIPF

coverage. CIPF is sponsored by the Investment Regulatory Organization of Canada (IIROC) and is the only compensation fund approved by the Canadian Securities Administrators for IIROC Dealer Members.

The Investment Industry Regulatory Organization of Canada (IIROC) is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.

We do not charge a fee. However, the firm that you’re leaving may.

If you get charged a transfer-out fee, we’ll be happy to reimburse you.

As per IIROCs guidelines, before reimbursing clients, we’ll simply need to see a statement from your previous firm, showing the transfer out fee you paid