Services

Milner Financial helps our clients to protect and preserve their families financial well being. We strive to make sure our clients grow their wealth without sacrificing their peace of mind.

Tax Free Savings Accounts

TFSAs Tax Free Savings Accounts
- grow your savings tax free

Registered plans

  

Rrsps & rrifs

RRSPs Retirement Savings Plans
- keep more of the money you earn

RRIFs Registered Retirement Income Funds
- effectively spend your RRSP’s in retirement

RESP

s

  

Registered Education Savings Plan

Get 20% or more on every dollar you save towards your children’s post secondary education

More info on RESPs

Non registered & in trust accounts

Tax efficient investment strategies for non registered money

In Trust Accounts
- accounts for minors that defer tax and allow for growth

Pensions

LIRAs, LIFs
- effectively invest your retirement packages from your employer

Group Plans

Group RRSPs
- help employees save for retirement

Group Benefits
- allows business owners to protect their employees with cost effective Health, Dental and Life Insurance

Segregated Funds

- guaranteed protection of your investment principal while participating in the market

- guaranteed growth on your money at a fixed interest rate

Annuities
- never worry about out living your money

Life Insurance

Term, Whole Life, Universal Life and Guaranteed Issue

Critical Illness Insurance
- if ever diagnosed with a life threatening illness you can receive a benefit of thousands of dollars

Disability Insurance
- protect your income in case of a life altering injury or illness.

Estate Planning

- make sure your loved ones are taken care of when you're gone.

Mutual Funds

Mutual funds and/or approved exempt market products are offered through Investia Financial Services Inc. ("Investia").
Mutual funds and exempt market products are sold exclusively by Representatives who are licensed by provincial regulators and registered with Investia.
Commissions, trailing commissions, management fees and other expenses may be associated with mutual fund/exempt market product investments. Please read the Fund Fact or prospectus carefully before investing. Mutual fund and exempt market product investments are not guaranteed, their values change frequently, and their past performance may not be repeated.

Insurance

Insurance products are provided through PPI Management Inc.

Seg Funds

Segregated funds products are offered through Investia Financial Services Inc. and/or multiple carriers.
Subject to any applicable death benefit guarantee, any part of the premium or other amount that is allocated to a segregated fund, is invested at the risk of the policy owner and may increase or decrease in value according to the fluctuations in the market value of the assets of the segregated fund.

FAQs

How are advisors paid?

Fee for service, sales commissions, embedded fees or in some cases a combination of these. All advisors will soon HAVE to disclose their compensation.

What is fee for service?

The client is charged for time spent by the advisor on their behalf to develop a financial plan or report on an area of concern.

What are embedded fees?

These fees are paid by the investment company when a fund is sold. The company pays the advisor for the initial sale and a trailer fee for the ongoing reporting and servicing of the account. The client does not have to pay the advisor and all their money gets invested.

What is an investment policy statement?

It is an agreement between the advisor and a client outlining the requirements and risk tolerance of the client required in order to form an ongoing work relationship.

What are trailer fees?

They are paid to the advisor based on assets under management. Fund and insurance companies pay from .25% to.5% and in some cases up to 1% per year ongoing commission.

How is the investment company paid when they pay an advisor commission for the sale of their products?

The company takes a management fee out of the total assets in the fund. This fee has to be posted in its prospectus and returns posted for the fund have to be after fees. A $100 million fund with a 2.5% MER would draw $250,000 in fees per year to pay their staff and analysts, premises costs and trailer fees. Earnings returns are posted after fees.

What are the independent advisor's business expenses ?

  • documentation for reporting and reviewing clients accounts
  • follow up with H.O./Compliance
  • office upkeep and supplies
  • staffing
  • licensing for funds and insurance
  • errors and omissions, premises and liability insurances
  • continuing education credits training seminars
  • IT support
  • office equipment maintenance and replacement
  • dealer remuneration
  • property taxes
  • vehicle and fuel expenses