BMO Nesbitt Burns
First Canadian Place
100 King St. W, 38th Floor
How We Are Compensated
Unlike the traditional model of paying a broker or advisor on a per transaction basis, we feel our client's interests are better aligned with ours through an all-inclusive management fee. In simple terms, you will pay us a percentage of your assets under management; as your assets grow or decrease, so does our compensation.
A fee-based model incentivizes us to make recommendations that put you in the best position from a return perspective as well as being constantly mindful of risk management. You will not be overwhelmed with calls about trades in your accounts. Often, the best course of action isn't buying or selling a security but to 'hold'. The fee-based model removes the inherant bias for many advisors to seek out the next trade to generate commission from you.