The Guide breaks down how investment fees can affect your returns, decision-making, and overall portfolio performance. It addresses some common questions about fees, including how advisors are compensated and what you can do to find out more about the fees you pay.
We’ve also included a sample Charges and Compensation Report to help you get used to seeing this new document from your investment firm. Under new securities laws, firms must provide clients with an annual report detailing all fees and charges paid per year. The first Charges and Compensation Reports will be sent to investors no later than July 2017.
Investors may do an investment fees comparison with our fee calculator to see how fees impact returns over time.
Investors can also view this video, “Know What You Pay to Buy or Sell an Investment,” to learn about the kinds of investment fees they pay.
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.
InvestRight.org is the British Columbia Securities Commission’s investor education website.
Our video called “What to Expect from Your Registered Investment Advisor” sets out new items that your advisor must include in client relationship documents you receive when you open an investment account. Generally, an investment advisor must include anything of interest to a reasonable client. These include: the possible types of accounts, such as cash, margin, […]