We do not charge a fee at this time to have a MoneyGaps scorecard or Asset Map completed. We know that the majority of people will discover a “gap” in their financial plan and we are confident that we are the best advisors to help you fill in the gaps that are important to you. You are under NO obligation to do business with us. We may change this policy at any time, but so far after 22 years, this way of helping people has worked for the customer and our practice!
Commission is not a dirty word!
When you buy any kind of insurance, life, disability, home, auto, critical illness etc. the brokerage and or the agent that helped you buy that insurance is paid a commission. The commission is based as a percentage of the premium that you paid for the insurance. The percentage of commission paid varies based on the product, type and amount of volume the brokerage generates.
While its true there may be some conflicts of interest when dealing with an agent that relies on commission for their income, the majority of licenced agents are ethical and only work in the best interest of the client.
Having said that, over the years we have seen some bad behaviour in the market place especially by the multilevel marketing brokerages or brokerages that hire inexperienced people and train them to sell their friends and family inappropriate insurance products designed to maximize commission over the well being of the client. This behaviour is unacceptable to us.
At Money Advisor Wealth Management Inc we endeavour to educate people on their choices when it comes to properly insuring them now and in the future. We will provide the information you need to make an informed choice. We can help you buy insurance products from most of the major insurance companies in Canada. We only recommend products that help YOU achieve your insurance needs. While Money Advisor earns the commission, our advisors are on salary. The advisor will bonus based on customer satisfaction and retention NOT a percentage of the premium.
Alternatively a fee based advisor will charge a fee and may recommend an insurance solution for your needs, however they are not licenced to provide that advice or the actual insurance, Nor will they be responsible or accountable for the implementation and the servicing of your insurance plan.
A licenced, professional insurance advisor with At Money Advisor Wealth Management Inc is the best choice when insuring you and your loved ones. We are proud members of Advocis. Advocis, The Financial Advisors Association of Canada, is the largest voluntary professional membership association of financial advisors in Canada, representing more than 13,000 members and 40 Chapters across the country.