Fees

Our fee-only, advice-only financial planning fees are generally flat project fees or ongoing annual fees, but we also offer hourly options when appropriate.

A financial planning consultation generally starts at $1,500. The most common consultations include investment strategy (ie. portfolio second opinion) and reviewing retirement planning calculations by the client or another advisor. See below for more examples.

A detailed retirement plan is generally $2,500 to $3,500 for a single client, $3,000 to $4,000 for a couple, and $4,500 to $5,500 for an incorporated client, but these can range lower or higher depending on the situation. See below for more information.

A more comprehensive financial plan that includes a retirement plan, but also looks in-depth at areas like investments, insurance, tax, and estate planning, may range from $4,000 to $10,000 or more depending on a client’s goals, circumstances, and complexity. See below for more information.

All fees are exclusive of applicable sales tax. We can provide a written quote based on an initial phone or Zoom meeting.

We work with clients across Canada as well as Canadian expats living abroad.

Since we do not sell investments or insurance, any advice related to investments or insurance is objective. We do not receive referral fees or any other compensation from third parties.

We’re here to assist you with any inquiries you might have about our fee structure. If you want to discuss your specific needs or have questions, don’t hesitate to contact us directly.

Financial Planning Consultation – $1,500 or hourly

We offer financial planning consultations starting at $1,500, as well as hourly options when appropriate. Examples of potential consultations may include:

• Basic investment plan (ie. portfolio second opinion): risk tolerance assessment, review existing investment strategy and fees, discuss alternative investment options available in the Canadian market including our vetted network of firms, consider a DIY investment strategy
• Reviewing retirement planning calculations by the client or another advisor
• CPP/OAS planning
• RRSP conversion or withdrawals
• Basic retirement planning without the need for a retirement plan
• Pension options
• Moving to/from Canada (high-level considerations of investment accounts, for example, for a simple situation, not necessarily determination of residency or tax/estate planning which could be more complex)
• Insurance needs/policy review
• Basic incorporation planning
• Rental property planning

This consultation may not be appropriate to answer all of your questions if more detailed analysis is necessary, but we will help explain your options, any limitations, and provide a fee quote following an initial phone or Zoom meeting.

Detailed Retirement Plan – Starting at $2,500

We gather and review information about your assets, liabilities, income, and expenses, as well as soft facts about your financial goals during an introductory meeting and a subsequent data confirmation meeting.

We build a personalized and detailed retirement projection that models the rest of your financial life, including a comprehensive year-by-year forecast of income, tax payable, basic expenses, extraordinary expenses, investment growth, pensions, debt repayment, children’s education costs, inheritances, home purchase, home downsize, etc.

We identify the savings required to become or remain financially independent and determine how best to optimize your future saving and decumulation.

We provide financial planning recommendations to be delivered during a 1-2 hour meeting. A final version of the plan is provided for your records along with options for ongoing support.

Comprehensive Financial Plan – Starting at $4,000

In addition to the detailed retirement plan service outlined above, we review some or all of these additional areas: investment strategy, tax reduction, insurance needs, and estate planning, all based on your retirement plan, and deliver our recommendations during an additional meeting. 

Executor, Probate, and Estate Services

Estate administration involves several financial, tax, legal, and government requirements. 

We can assist by acting as an agent for the executor to provide a full spectrum of duties related to the estate settlement process, or by simply guiding the executor as needed on a limited scope retainer or hourly as-needed basis. 

Essentially, we can assist an executor with some or all their duties.

Probate only with a valid will starts at $1,500. Basic estate settlement with a valid will starts at $4,000. Post-probate support, complex estates, and additional services may be subject to custom pricing or hourly rates. 

Tax Services

Our tax team can provide personal, corporate, and trust tax return preparation services for clients, including:

• T1 personal tax returns
• T2 corporate tax returns
  • Compilation engagements with notice to reader financial statements
  • T4/T5 slips
  • GST/HST returns
• T3 trust and estate tax returns
• Section 216 returns for non-residents
  • NR4 slips
  • NR6 slips
• Bookkeeping for sole proprietors and incorporated business owners
• Tax planning
• Integration with your financial plan

Personal tax returns start at $495. Corporate tax returns start at $1,750. Trust tax returns start at $1,500.