Fee Based Financial Planning
Fee Based Financial Planning in Oakville and Toronto, ON
Whether you are running a retail store, a hospitality industry service provider, or a manufacturing plant we have the experienced and knowledge to help you succeed.
Services offered by Fabio Campanella CPA, CA, CFP, CIM through Queensbury Securities Inc. Queensbury Securities Inc. is not affiliated with Campanella McDonald LLP. Campanella McDonald LLP does not offer securities services.
Unbiased, Professional and Comprehensive Advice:
Working as both a practicing Chartered Accountant and licensed investment advisor under IIROC (Investment Industry Regulatory Organization of Canada) and independent brokerage Queensbury Securities Inc. Fabio offers unbiased, professional and comprehensive financial advice. Rather than concentrating on one aspect of your financial situation such as your investment portfolio or your tax planning, Fabio takes a universal approach combining the best of tax planning, risk management, and portfolio design.
Fabio offers two distinct services:
- Fee-based consultations
- Fee-based non-discretionary portfolio management
Fee based consultations consist of a fact gathering process, issue identification, analysis and a written financial plan. The plans are comprehensive and cover an individual or family’s retirement plan, investment strategy, asset allocations, estate plan and cash flow projections. Fee based consultations are billed at an hourly rate of $300 per hour. Although short consultations of 1-2 hours are available more complex consultations can require significantly more work. Clients who have received comprehensive plans can book shorter bi-annual or annual follow-up meetings to ensure they stay on track with the original recommendations or modify the plan for changes that may affect the client’s financial situation. Fee based consultations are excellent for clients who are approaching retirement and wish to obtain guidance on how to arrange their finances during the transition from their working life to their retired life and beyond.
Fee based non-discretionary portfolio management is a commission-free approach to managing your money. By taking an annual fee based on assets under management Fabio will design, implement and manage an investment strategy tailored to your specific needs. All relevant factors will be considered when designing your personalized investment portfolio including: Your age, health, risk tolerance, overall net worth and other cash flow sources. In order to maintain a smaller group of clientele Fabio’s minimum family investment is $250,000. Fees begin at 1% of assets and are reduced for accounts exceeding $1,000,000. Fees are comprehensive and cover all portfolio design, re-balancing, and trading costs. A written portfolio proposal is provided at account opening and analysis provided when major revisions are required to a client’s investment allocations. As a policy, Fabio does not accept discretionary or managed trading accounts, all trades are cleared with the client prior to implementation.
Fees, Not Commissions:
By forfeiting commissions and taking fully disclosed fees directly from clients, Fabio is able to eliminate any biases that a commissioned based advisor may have. A fee based advisory practice allows the advisor to freely choose the investment vehicles most suitable for their clients without the influence from mutual fund companies, insurance companies or banks. Regardless of the investment vehicle chosen the advisor’s compensation is the same and spread evenly throughout the year. There are no lock-in periods due to large up-front sales charges and no incentive to choose financial products with higher advisor trailers or payouts.
Fabio’s neutrality is further strengthened by working with a well-established and independent firm like Queensbury Securities Inc. Queensbury is an independent, full service, wealth management firm established in 1987 with a multitude of advisors across Canada. The firm is fully independent and is not affiliated with any bank, fund company or insurance company and produces no in-house financial products. Queensbury advisors remain independent and are free to design strategies that best suit their individual clients.
Queensbury is a member of IIROC (Investment Industry Regulatory Organization of Canada) and the Canadian Investor Protection Fund (CIPF). For more information on the CIPF please click here. For more information on IIROC please click here.
Qualifications and Professional Experience:
Fabio’s commitment to continuous education and professionalism are reflected in his ever growing list of credentials. He has been providing financial advice to clients since 2002 and has worked in a multitude of capacities including: public accounting, hedge fund controllership, investment advisory, securities valuation, tax planning and management consulting. Prior to working independently Fabio worked with some of the most recognized names in the industry: BMO Nesbitt Burns, Price Waterhouse Coopers and Grant Thornton. In addition to work experience and a degree from York University Fabio has also achieved the following designations and qualifications:
- Chartered Professional Accountant (CPA)
- Chartered Accountant (CA)
- Certified Financial Planner (CFP)
- Chartered Investment Manager (CIM)
- Life License Qualification Program (LLQP)
- CPA Canada In-Depth Tax Program (current enrollment)
- Advanced Corporate Finance lecturer (CGA Canada professional program)
Published Work and Resources:
Fabio is an active member of the tax and financial planning community and is regularly featured as both a contributor and writer in major publications across the country. Some examples of his work and features can be found below:
- Financial Post: Buying mutual funds: Alternatives to deferred sales charges
- Financial Post: Is the CRA creeping your Facebook page?
- Financial Post: Big wedding gift, big mistake?
- Financial Post: Protecting your children’s inheritance
- Financial Post: Should personal finance in be taught in high-school?
- Toronto Star: 5 Tips for smart real-estate investing
For more information on these services or to book an initial telephone consultation please contact Fabio at Fabio@Queensbury.com or 647-701-1751.