Want to make your clients happy? Spice up their RRSPs!

Article Tools

Print

Email

Text size

Want to keep clients happy? Spice up their RRSPs!

Canadian Western Trust (“CWT”) offers a variety of registered and investment products to help independent financial advisors cater to all their different clients. So if you are looking to increase business in 2010, here are some tools which can help you out!

Fee for Service (“FFS”) – Get compensated for your talent.

With issues like fee transparency and compliance becoming a greater concern for investors, the industry has seen a greater shift towards the Fee for Service (“FFS”) platform.

FFS allows you to charge your clients a pre-arranged fee for producing a financial plan and essentially compensates you for your talent. The fee can be hourly, flat or a percentage based on the size of the assets.

This type of arrangement also helps to minimize any conflict-of-interest and allows you to focus on your client’s best interest.

At CWT, the FFS platform can be implemented on any type of account.
Click here to find out the full benefits of the CWT FFS Platform!

Individual Pension Plan (“IPP”) – The Luxury Model RRSP.

An RRSP is a great retirement savings vehicle for the majority of Canadians, but an IPP is like the “luxury model” of RRSPs and can be much more attractive to the high-income earners.

High-income earners' portfolios are generally more sophisticated and may be attracted to an IPP as it offers them additional benefits over an RRSP, including:

• Larger contributions allowed for past, current and future service
• Additional contributions if plan has a deficit
• Potential for terminal funding
• Creditor protection

Click here to learn more about the IPP advantage.

Group RRSP (“GRSP”) – A numbers game played to your advantage.

A Group RRSP is a registered plan created and administered by an employer. It is essentially a set of individual RRSPs that are “grouped” together into one account for ease of administration.

Click here to learn more about the CWT Group RRSP product and how it can quickly help multiply your business!

Contact us!

Canadian Western Trust offers retirement, trustee and custodial solutions to financial advisors, corporations, and individuals. For more information on any of the products featured above, please contact us:

Phone: 1.888.877.7748
Email: cwt.marketing@cwt.ca
Website: www.cwt.ca