Why an Advisor Account?

The Advisor Account is a special type of investment account designed to complement our portfolio approach to investing. With the Advisor Account, you can plan, implement and make adjustments to your investment portfolio as needed. You work directly with the Milligan Private Wealth Management Team, and you are backed by the strength, security and resources of RBC Dominion Securities Inc., Canada’s leading full-service investment firm.

Best of all, the Advisor Account offers the simplicity of paying one annual fee, rather than paying commissions on individual transactions. It’s ideal for investors who follow the portfolio approach and would prefer to focus on achieving their overall financial goals—and not on individual transaction costs.

With the Advisor Account, you have access to all the investment and financial services we offer. Working in partnership with the Milligan Private Wealth Management Team, you can take advantage of our portfolio planning and implementation skills, our investment research and strategy, plus our evaluation and monitoring tools—all for an asset-based price.

Partnership, investment process and convenience are just a few of the reasons why Canadian investors like you have chosen the Advisor Account.

Benefits of an Advisor Account

The Advisor Program is different from traditional investment accounts, which charge commissions on each trade you make. Instead, with the Advisor Program, you pay a fixed fee based on a percentage of the assets in your portfolio. You receive a wide range of services, including the ability to make a certain number of trades per account. This gives you the flexibility to make investment changes without considering the cost of individual transactions.

For example, you can:

  • Sell a stock to lock in a profit
  • Switch to a new investment idea that better suits your needs
  • Rebalance your portfolio to reduce risk 

What’s more, with the fee-based approach, you gain the confidence of knowing that potential commissions never factor into the investment recommendations you receive.

Clients know upfront what they pay. The fees are calculated based on the client's assets and fee rates decrease as the client's assets grow.

Advisor Program fees are potentially tax-deductible. You must consult with your tax advisor to determine whether your fee is tax-deductible based on your individual tax situation.