Breaking down what it costs for advisors to deliver results

The Globe and Mail
July 18, 2023.

Alexandra Horwood, Portfolio Manager, Investment Advisor with Richardson Wealth says that it’s critical to illustrate to clients what they get in exchange for what they pay, demonstrating the percentage value added by behavioural coaching, customized planning, tax planning, active rebalancing and any other services an advisor offers.

“Regarding our costs, our objective is to be fair, transparent and exceed your expectations … Our cost is 100 per cent tax-deductible in non-registered accounts and covers all aspects of the holistic wealth management services we provide to our valued clients.”

*Globe Advisor subscription required.

Read more.

Related articles

2026

How better prospecting can lead to stronger client relationships

July 6, 2026 - Advisors should be just as intentional about finding the right client as clients should be about finding the right advisor, writes…

1 minute read

2026

How to prevent multigenerational households from descending into financial resentment

June 18, 2026 - When planned well, multigenerational households can lower costs, support childcare and elder care, and save for education, a down payment, or…

1 minute read

2026

For business owners, choosing the right mix of salary and dividends is all about flexibility

June 16, 2026 - Andrew Feindel considers two tax-effective income sources alongside salary and dividends: capital gains within the corporation and non-registered investments.

1 minute read