David’s investment counselling fees are generally calculated as a percentage of the household portfolio value. His Fee Schedule is regressive and decreases as the size of your portfolio increases. Fees are typically lower than the cost of investing in traditional mutual funds.

David sells advice, not products. You pay for a service, not by commission – and the fee is tax-deductible. Hence, the advice is objective, with no potential conflict of interest.

If you are currently working with an investment advisor (stockbroker), he or she may charge you fees for securities transactions, such as when you buy or sell a stock, bond or mutual fund. On top of commissions, you may pay a fee with mutual funds – the Management Expense Ratio (MER) which is often 2% – 3% (or more) of your investment.

David’s fees are typically charged monthly, in arrears on a pro-rata basis, and deducted from the account. Related accounts, such as spouses or children of individual clients, will be aggregated for fee calculation purposes.

David’s services work best for Canadian residents with $1,000,000 or more of financial assets.

David’s Fee Schedule

Fees are charged as a percentage of Assets Under Management:

Assets under $250,000	1.50% plus HST
Assets between $250,000 and $1,000,000	1.25% plus HST
Assets between $1,000,000 and $5,000,000	1.00% plus HST
Assets between $5,000,000 and $10,000,000	0.75% plus HST
Assets $10,000,000 and over	0.50% plus HST