Pricing
Our management fee is calculated as a percentage of the investment assets that we manage on your behalf. Fees are deducted directly from your account each month so you don’t need to worry about paying a separate invoice.
Fee Schedule
| Household Assets | Annual Rate | Minimum Fee |
|---|---|---|
| First $250,000 | 1.00% | $75 / month |
| Next $500,000 | 0.85% | – |
| Next $750,000 | 0.70% | – |
| Thereafter | 0.50% | – |
| Household Assets | Annual Rate * |
|---|---|
| First $250,000 | 1.00% |
| Next $500,000 | 0.85% |
| Next $750,000 | 0.70% |
| Thereafter | 0.50% |
* A minimum monthly fee of $75 applies to households with managed assets below $90,000
Our management fee includes:
- investment management,
- financial planning,
- personal tax returns,
- account custody charges, and
- trade commissions.
Our management fee includes:
- investment management,
- financial planning,
- personal tax returns,
- account custody charges, and
- trade commissions.
Fee Calculator
Additional Details
- Fees are calculated monthly (based on average daily balances) and automatically withdrawn from accounts.
- Management fees charged to non-registered/taxable accounts can generally be deducted on your income tax return.
- Fees are subject to Goods and Services Tax (GST) and any other taxes which may be applicable.
- The fee schedule may be amended by High Level Wealth Management with 60 days notice.
- Managed accounts invest in ETFs, which each charge their own fund management fees, fund operating expenses, and other fund costs, inclusive of Goods and Services Tax (GST).
- ETF-related fees will vary depending on the ETFs held in your account, but are typically between 0.10%-0.25% per year.
- ETF-related fees are deducted from an ETF’s assets so you will not see these charges on your account statements. Instead, ETF-related fees are reflected in your account by a corresponding reduction to the return earned by an ETF.
- When converting between Canadian dollars and another currency, the custodian applies a fee to the exchange rate.
- The custodian may charge additional fees for certain administrative services (e.g. wire transfer payments or transferring your accounts to other institutions). A schedule of these administrative fees is available upon request.