UNDERSTANDING OUR FEES
We often hear the question: how does my financial advisor get paid? This is a very important question and one that should be met with transparency. Dentro Financial is paid by its clients through a fee charged on their assets under management. Dentro Financial's fees are made up of three components. First, there is a fund level expense that is paid to each individual fund. In almost every case this totals 0.12% per year. Second, there is a fee paid to our asset management partner for administering the investments. This fee is either 0.30% per year or $80 per month, whichever is lower. Third, there is a flat 1.00% fee paid to Dentro Financial for the wealth management and financial planning services you receive.
For full transparency, our fee tool below lets you see for yourself how much the average mutual fund company charges Canadians and how much you could potentially save by making the switch.
For a fully personalized fee audit and initial review, please contact us today.
This information is meant to educate investors about the impacts of fees on a given portfolio. All of the variables within the comparison remain constant with the exception of the rate of return and the amount initially invested. Both components can be directly manipulated by users. The average portfolio fee is calculated using a combination of the median management expense as reported by Morningstar Inc as of December 31, 2019 of 1.15% and the average advisory fee of 1.10% as reported by AdvisoryHQ as of 2020 for a total average MER of 2.25%. Past performance is no guarantee of future results, and any expected returns or hypothetical projections may not reflect actual future performance.
The information provided is intended for educational purposes only. Please consult your investment advisor before acting on the information provided. Any comparison to traditional financial advisors is based on an evaluation of average fees and returns. The actual management fees in Client accounts will vary based on asset size and may be different. Actual results may be different for each investor, and there can be no guarantee of enhanced returns due to a reduction in fees, or the use of Dentro Financial and Nest Wealth’s investment management services. We do not guarantee the accuracy of data collected from third party sources.
The above list is not inclusive; additional performance disclosures and risk data are available, upon request. Please contact your Dentro Financial advisor to discuss this matter further.
- Aggressive 8%
- Balanced 6%
- Conservative 4%
Average Management Fee:
Dentro Management Fee: