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I wrote my book because I am tired of seeing consumers being ripped-off because of the lack of transparency in the Canadian Investment Industry. Canadians are being massively overcharged every day with hidden investment fees in virtually every investment account by virtually every bank and investment firm in Canada. All the Major big brand-name financial institutions you have grown to trust. And these hidden fees are LEGAL!
I wrote this book because when interacting with families who seek my advice I have observed with overwhelming consistency that the vast majority are completely unaware of all the hidden fees that are buried in the investments they own. Some have even told me that there is no fee, that it is free! (never true). I have yet to have anyone clearly and accurately articulate to me what they are paying in investment fees.
These fees can add years or decades to the time it takes for you to reach your financial goals. These fees can be thousand or tens of thousands of dollars per year which can easily add up to millions of dollars over your investing lifetime. The unscrupulous advisors and institutions are getting rich on the hidden fees they are charging you.
I have written this book for business owners, entrepreneurs, professionals and families like yours who appreciate a higher fiduciary standard and a culture of full disclosure. A fiduciary standard means that the advisor has a legal obligation to put your best interests before theirs in the advice that they give. That standard is not applicable to most advisors in Canada.
My hope by reading this book is that you will get a better understanding of the fees you pay, their massive impact on the achievement of your goals and your options to course correct your current situation.
To protect yourself, you must know what questions to ask, what fees to look for and how to structure your investments to eliminate these fees so you can put immediately put hundreds, thousands or even millions of dollars back into your pocket.
You will learn how to protect yourself from these legal shenanigans and the unscrupulous advisors who hope you never look that closely.
THIS IS ADVICE YOU WILL NEVER GET FROM YOUR FINANCIAL ADVISOR, INVESTMENT FIRM OR WEALTH MANAGEMENT FIRM, BECAUSE THEY ARE THE ONES HIDING THE FEES FROM YOU!
In the book, YOU will learn the four key strategies:
1. How to find out what fees you are paying and how to keep those fees low – unfortunately you likely don’t know what you’re paying because your financial advisor and the institutions you trust have made it an art form to not disclose these fees
2. How to ensure that the fees you do pay are tax advantaged- because structuring your fees properly can reduce your out of pocket costs by up to 48%.
3. Why it is critical in ALL MARKET CONDITIONS to ONLY Passive Investing – because active management ALWAYS costs more after fees are deducted even if the returns are higher.
4. Why it is critical that you proactively manage the other areas of your financial life – budgeting, taxes, estate planning, insurance, mortgages and more. These are the comprehensive financial services you should be getting from your financial advisor… included in the fees they are currently charging you!
Small numbers when compounded over your lifetime become huge numbers. So, what seem like little tiny decisions are actually million-dollar decisions.
CARP, the media and others are lobbying to get laws changed, but in the meantime I’ve written a book to alert consumers to this crisis. To protect yourself, you must know what questions to ask, what fees to look for and how to structure your investments to eliminate these fees and immediately put hundreds, thousands or even millions of dollars back into your pocket.
The information in this book will enable you to achieve your financial goals years or even decades earlier. It’s not rocket science, it is just solid, common sense advice about how to avoid the big fees, the hidden fees and the taxes that sap your investment returns, year after year.
I am passionate about helping people make more informed decisions so they can reach their financial goals years earlier, enabling them to live their ideal lives. I hope my book can help you do that for your family.
Dean Kendall is a Financial Organizer in Calgary, handling all of the financial affairs for a select group of clients who value unbiased quality advice for one simple flat fee.
His latest book is Stop Paying Hidden Investment Fees! Click here for more information https://www.ideallifeexperience.com/Stop-Paying-Hidden-Investment-Fees
In addition, Dean is a 3X Canadian National # 1 Amateur, a 5X Canadian National #1 Professional BMX rider, downhill mountain biker and an avid snowboarder. He is an expert at winning. Let him show you how to win the money game. You can reach Dean at dean@ideal-life-experience.ca or Phone 403-543-7226
Copyright 2008 – 2020 by Dean Kendall. All rights reserved.