The fee for service account option gives advisors the option to unbundle their financial advice from the commissions they receive from mutual fund sales. Instead, the advisors' compensation is paid directly by the investor in the form of a negotiable annual fee which is paid monthly. This approach will appeal to affluent investors who are becoming increasingly knowledgeable and sophisticated. These discerning investors are looking for options beyond high-fee mutual funds and the traditional commission-based investment model, yet continue to value professional financial advice. Fee for service gives these investors access to lower-fee investment funds while retaining advisors' valued financial advisory services.
Desjardins Financial Security Investments Inc. (DFSI) is not providing the financial planning service and will not be supervising this activity. You should not rely on DFSI for review of the plan. DFSI is neither charging, nor being paid any fees for this service and will not be liable for any errors or omissions. This Financial Planning Service is done solely through Love and Persson Group.