2010 Advisor Survey Report

Open March 15, 2010 to April 15, 2010

To Fee or Not to Fee launched its second annual national survey of Canadian fee financial advisors from March 15 to April 15.

The survey was open to all financial advisors, no matter what their level of fee income. We have also added a second survey this year for the commission-based advisor.

Because the survey results were compiled and sent to all the participants, there were several benefits to advisors for participating:

•  Help eliminate the myths and misunderstandings of the fee vs. commission models.
•  Provide pricing guidelines.
•  Understand the transition process.

"The fee advisor market is fascinating, but quite confusing and filled with inaccurate data," according to Marc Lamontagne, founder and workshop leader. "We think advisors will benefit from taking the survey because it will prompt some thoughtful consideration of their practice and give them a fee-model benchmark."

To Fee or Not to Fee is an advisor training company specializing in the transition to the fee model. Lamontagne also presented the survey results at the 2010 CIFPs conference in Niagara Falls from June 13 to 16, 2010.

Please contact Marc Lamontagne, CFP, R.F.P., FMA, at (613) 240-8308 or marc@tofeeornottofee.com  if you have any questions or comments.

Click here for a PDF copy of the report

Please watch this page for next year's survey.

2010 Survey Highlights

-Investment Executive TV, June 2010