Fee-Only Financial and investment planning

​​​​​Get the Advantage of Unbiased and Personal Financial Planning

 

Prices as of August 1, 2018

   

Questionnaire and / or free 15 - 30 minute telephone interview will be provided in advance to clarify your needs.     


Retirement Plan  

If you are looking specifically for retirement planning, the retirement plan is suitable for you. This would include the investment plan considerations above, plus severance pay, life changes, pension advice, estate planning, retirement income needs and retirement projections including cash flow and tax considerations in retirement. This would include a written summary, detailed portfolio spreadsheets and a follow up meeting for plan execution. This can be done individually or as a family with no change in cost or service.  

Fee:  $1700 including HST.  


Investment Plan  

If you need to create or substantially change your investment situation, this plan would be suitable for you. The plan would take into account risk, fees, implementation, your tax situation, country, sector and asset class exposure, timing and personal preferences and goals or dreams that you want to fulfill. This plan can also be used to plan for future income or lifestyle changes that may be planned or unexpected. This would include a written summary, detailed portfolio spreadsheets and a follow up meeting for plan execution. This can be done individually or as a family with no change in cost or service. 

Fee:  $1700 including HST. 


Annual or One-Time Review  

If you have an existing portfolio and would like a second look to see if you are on track to meet your goals, an annual review is suitable for you. This would include minor changes such as adding or deleting one or two products from your portfolio or obtaining general advice on what you already have. This can be done individually or as a family with no change in cost or service. If you are currently a client of Joe the Investor, the annual review would be used for re-balancing your portfolio each year, or to check if anything has changed since the most recent plan was created.  If you would like to review your financial situation to see if you are on the right track, would like a second opinion, or confirmation of your current plan, the one-time review would be ideal for you. The process would entail a questionnaire and a single meeting to discuss any aspect of your financial situation including investments, retirement, taxes, estate planning or implementation of your plan. There would not be a written summary or calculation sheet provided for a one-time review.  

Fee: $700 includes HST. 

If you are an existing client, we also offer hourly follow up sessions for minor changes or "question and answer" type meetings.   


Advice For a Flat Hourly Fee  

If you want advice on a specific topic or want to ask questions in a "Q and A" type format for a specific decision that you want to make, this option may be for you. Common questions would include renting versus buying a home, paying student debt versus investing, contributing to an RRSP versus paying down debt, whether to get a TFSA account and what options you would have for a new pension plan. This type of advice is ideal for people who are starting to build their wealth. Time is booked in advance and questions can be answered tailored to your needs. There would be a 1 hour minimum time allotment charged at the hourly rate. There would not be a written summary or calculation sheet received for this type of advice. 

Fee: $150 per hour includes HST.  


​Complete Financial Plan  

This type of plan includes investment and retirement considerations, as well as taxation, budgeting, saving money, estate planning, customized projects such as investment properties and business planning, and one on one education about how money works for your situation. It is assumed that you have done very little planning and need to build all aspects of your financial plan from scratch. This would include a written summary, detailed portfolio spreadsheets and a follow up meeting for plan execution. 

Fee: $2800 includes HST.   


Follow Up Session: (As Many As Is Required) 

Fee: $150 per hour includes HST. 

If you are an existing client, we also offer the $700 annual service agreement which offers unlimited correspondence by electronic means and one in person meeting per year, which is designed to save money compared to the hourly option.    


 

Note: This site is intended for people who want to learn about the world of investments and how to research for themselves. If you would like to buy or sell investment products, or specific advice on investment products, tax or legal issues, please consult your investment advisor, accountant or legal counsel.

 

Any personal information gathered will only be used to provide the services agreed upon and not be released to any third party, except as may be authorized by law, or by your explicit consent. Personal data is only used for providing advisory services and would be kept indefinitely unless a request is made by the client to delete the information.


I/we understand that the advice discussed is based on information supplied by me/us, and the advice may contain financial projections and assumptions. The advice should not be considered comprehensive but should be treated as a guideline since information may change over time such as market returns, tax laws, estate laws or other regulations.


I/we understand that every effort has been made to make sure that calculations are accurate. We expressly disclaim any liability, loss or risk, financial or otherwise incurred as a consequence, directly or indirectly, in the use or application of any ideas, advice, suggestions or techniques demonstrated.


If you receive a questionnaire, plan or other documentation, it is assumed that this memorandum has been read and consented to on an ongoing basis from the date of receipt. Financial Planning in Toronto