The Next Generation of Financial Advisor
Preet Banerjee, B.Sc., FMA, DMS is a Wealth Advisor with ScotiaMcLeod servicing investors in Ontario and British Columbia with investable assets of $150,000 or more.
Preet was recently featured in the national press by Jonathan Chevreau of the National Post (one of Canada's premier financial journalists) who wrote: "Banerjee is typical of a new breed of financial advisor I see on the rise in Canada." This comment was in part based on Preet's view that low-cost passive investment products (such as exchange traded index funds) can play important roles in client portfolios - a view usually associated with 'do it yourself' investors.
Click here to read the article from The National Post
Author
Preet is also the author of the book 'RRSPs: The Definitive Book on Registered Retirement Savings Plans'. Up to date for 2007/2008, the book includes 41 RRSP planning strategies and is suitable for beginners, sophisticated do-it-yourself investors and financial advisors alike.
Investor Advocate
The average investor using mutual funds might be paying 2.5% per year in MERs (Management Expense Ratios). Preet instead predominantly uses exchange traded funds (for passive and active investment strategies) to replicate these portfolios and dramatically cut fees - the all-in fee is routinely in the 1.2% per year range. He further offers additional options of fee-only advising (flat fee), hourly rates, and traditional transactional accounts. Below are the typical savings a mutual fund investor might experience:
$250,000 Portolio: Save $3,250/year
$500,000 Portfolio: Save $6,500/year
$1,000,000 Portfolio: Save $13,000/year
The Executive Financial Plans written for Preet's clients normally range from 40-100 pages. For those looking for expert financial planning and responsible fee structures, please give us a call at 416-296-2648 (direct to Preet) or 1-800-268-3038, ext. 2648 toll-free.
For those who do not require financial planning, the fees would be even lower still.
Message From Preet
I have spent years crafting a financial advisory practice that I believe addresses all the concerns of today's investor. I invite you to download a sample Executive Financial Plan so that you can evaluate our work for yourself.
Sincerely,
Preet Banerjee, B.Sc., FMA, DMS
Investment Executive