An annual fixed fee for investment advice (Mulvihill Wealth Management)
1.00% on first $3 million & under 0.75% on next $2 million
negotiable thereafter
Fee schedule is applied on market value of the total portfolio each
month and paid quarterly.
Assets held in the Mulvihill mutual funds are exempt from the annual
fee. A fixed management expense ratio (MER) is charged directly to these
funds.
Transaction fees for trading are payable by the client and are executed
at low institutional rates usually reserved for large pension funds;
no commissions are payable to Mulvihill Wealth Management.
An annual custodial fee for safekeeping of assets. (RBC Global Custody
Royal Trust)
0.30% on first $1 million
0.15% on next $4 million
0.08% on next $5 million
0.06% on balance
The investment management fee and custodial fee are deductible on non-RSP/RIF portfolio.
