Services We Provide

  • Financial planning
  • Investment strategies
  • Tax planning
  • Tax preparation
  • Estate planning
  • Retirement planning
  • Retirement income planning
  • Mortgages
  • Investment loans
  • Severance package/Buyout opportunities
  • Investment reviews
  • Creating a personal financial scorecard giving you a "Panorama" view of your entire financial situation
  • Wide range of insurance products including life, disability and critical illness
  • Tutorials and seminars to help you better understand your options

 


Fees

Your initial consultation is always free.  Generally, we do not ever charge our clients for the services and advice that we offer.  When our clients purchase investments or insurance through us, we are compensated by the financial institutions with which we place the business.

This is usually in the form of commission and/or servicing commissions paid by the financial institution for funds sold on a Deferred Sales Charge (DSC) or Front End Load (FEL) basis.  Both of these structures offer different benefits to clients depending on their needs to access their funds. We will explain DSC fees and other options available to our clients to ensure they are understood before any transactions are completed.

We find that this method works very well.  Our clients get great advice and service at (usually) no cost to them, and we get paid a reasonable amount for our time.  Also, as most financial institutions pay approximately the same amount in commissions, we are not biased in the recommendations that we make.  We can offer our clients the best investment and insurance products on the market.

There is one exception.  Those of us who prepare income tax returns do charge a fee for that service.  As a bonus to our investment and insurance clients, we give a discount on this service.

Note 1: Accounting and income tax preparation is done by the individual accountant.  Investia does not offer these services.

Note 2: There is normally no fee charged for mortgages. However, in some situations a fee may be charged for arranging a mortgage. Your Mortgage Agent will always discuss this with you in advance.


 

* Leveraging Disclosure:

Mutual fund units and other securities may be purchased using available cash or a combination of cash and borrowed money. If cash is used to pay for the purchase in full, the percentage gain or loss will equal the percentage increase or decrease in the value of the mutual funds. The purchase of mutual funds using borrowed money magnifies the gain or loss on the cash invested. This effect is called leveraging.

For example, if $100,000 of mutual fund units are purchased and paid for with $25,000 from available cash and $75,000 from borrowings, and the value of the fund units declines by 10% to $90,000, your equity interest (the difference between the value of the mutual funds and the amount borrowed) has declined by 40%, i.e. from $25,000 to $15,000.

It is important that an investor proposing to borrow for the purchase of securities be aware that a purchase with borrowed monies involves greater risk than a purchase using cash resources only.

To what extent a purchase using borrowed monies involves undue risk is a determination to be made by each purchaser and will vary depending on the circumstances of the purchaser and the securities purchased.

It is also important that the investor be aware of the terms of a loan secured by mutual funds. The lender may require that the amount outstanding on the loan not rise above an agreed percentage of the market value of the mutual funds. Should this occur, the borrower must pay down the loan or sell the mutual funds so as to return the loan to the agreed percentage relationship. In our example above, the lender may require that the loan not exceed 75% of the market value of the mutual fund units. On a decline of value of the units to $90,000 the borrower must reduce the loan to $67,500 (75% of $90,000). If the borrower does not have cash available, the borrower must sell units at a loss to provide money to reduce the loan.

Money is, of course, also required to pay interest on the loan. Under these circumstances, investors who use borrowed funds to purchase their investment are advised to have adequate financial resources available both to pay interest and also to reduce the loan if the borrowing arrangements require such a payment.