One advisor. Your full financial picture. No gaps.

Most people work with several advisors who never talk to each other. An investment advisor here. An insurance broker or two there. Nobody is connecting the dots.

That's not how we work.

At First Wealth Advisors, we take care of everything. Planning, investments, insurance, group benefits, health spending accounts, and more. When your full financial life runs through one trusted relationship, nothing falls through the cracks.

Option 1: The Full Picture (Our Preferred Model)

No separate planning fee when the relationship generates sufficient revenue.

We are compensated through the products and services we manage on your behalf. When that compensation meets a minimum threshold, we waive the planning fee entirely. You get comprehensive, ongoing financial planning at no additional out-of-pocket cost.

Minimum revenue thresholds:

-> Singles: $3,000/year

-> Couples and families: $5,000/year

-> Business owners: $7,500/year

These thresholds are met through any combination of our services, including investment management, personal insurance, group benefits, group RRSP or pension plans, and health spending accounts.

If we don't see a clear path to meeting the threshold, we'll tell you upfront and agree on a planning fee before we start. No surprises. No awkward conversations later.

This isn't about asset minimums. It's about making sure the relationship works for both of us so we can do our best work for you.

Option 2: Planning Fee Only

Ideal if you prefer to keep planning and product decisions separate, or if you manage your own investments and insurance elsewhere.

Time commitment: 4 to 6 in-depth meetings plus ongoing support

-> Business owners and corporations: Starting at $7,500/year + tax

-> Couples and families: Starting at $5,000/year + tax

-> Singles: Starting at $3,000/year + tax

Annual option: 50% upfront, 50% at plan delivery. Monthly option available with a 12-month minimum.

How You Can Offset or Eliminate Your Planning Fee: If you later choose to consolidate your investments or insurance with us, the compensation we receive can reduce or eliminate your planning fee, based on your household (corporation, spouse, children, parents) asset level and the overall scope of our relationship. Always transparent. Always discussed in advance.

How We're Compensated (High Level)

We earn revenue through the financial products and services we manage for our clients. When you work with us across multiple areas of your financial life, that revenue covers the cost of planning. You pay no separate fee.

The more of your financial picture we look after, the more value we can deliver and the less likely you'll ever see a separate planning invoice.

How We're Compensated (In the Weeds)

Investment Management

We charge an advisory fee on assets we manage for you, your spouse, your corporation, and direct family members.

1.25% on $0–$500,000
0.97% on $500,000–$1,000,000
0.79% on $1,000,001–$2,500,000
0.65% on $2,500,001–$5,000,000
0.50% on $5,000,000+

Each tier applies to the entire balance, not just the amount above the threshold.

Example: A $1.6M portfolio is charged at 0.79% on the entire balance.

Household assets can be combined to reach lower tiers faster. This includes your spouse, corporation, and direct family members.

Fee adjustments are calculated annually using January 1st balances or your initial balances for mid-year start dates.

Personal Insurance (Life, Disability, Critical Illness, Individual Health)

-> We receive commission from the insurance carrier when a policy is placed

-> First-year commissions are higher, with smaller renewal commissions in subsequent years

-> First-year compensation is applied toward your revenue threshold in the year it is received

Group Benefits and Group RRSP/Pension Plans

-> We receive an ongoing administration or advisory fee from the plan provider

-> This is factored into your household revenue total each year

Health Spending Accounts

-> We receive a percentage of plan activity

-> Applied toward your threshold annually

Annual Review

-> Thresholds are reviewed every year using January 1st balances and prior year insurance and benefits revenue

-> If your threshold is met, no planning fee is charged

-> If your threshold is not met, the gap is invoiced as a planning fee

-> You always know where you stand before anything is charged

The Bottom Line

One advisor. One relationship. Everything connected.

Most clients in Option 1 never see a planning invoice. The revenue generated across their investments, insurance, and other services covers it. The planning gets done. The advice is ongoing. And the cost is built into what they're already paying for products they need anyway.

When a new relationship doesn't yet generate enough revenue, we say so upfront and agree on a fee before we start. No surprises. No awkward conversations later.

Either way, you always know exactly how we're paid and why. We think that's how it should work.