Our Investment Fees
At Liberty International we’re here to build true partnerships with our clients, not nickel and dime you with excess fees. Our fee structure is based on assets under management. That means we make money when you do.
As client accounts grow, we celebrate this growth with lower management fees. We also reward clients who refer new clients to us with our ‘Community Pricing’ program. Client referrals are aggregated under a household and treated as one account for management fee purposes, lowering management fees even further.
Growing our business through referrals means less money spent on attracting new clients. No full page advertisements or fancy office towers. Instead we focus our efforts on growing our clients’ portfolios, which provides sustainable growth over time for all parties involved.
Annual management fees are levied on the following schedule:
| Assets Under Management | Rate per annum |
|---|---|
| Up to and including $2,000,000 | 0.95 % |
| $2,000,001 to $3,000,000 | 0.90 % |
| $3,000,001 to $4,000,000 | 0.85 % |
| $4,000,001 to $5,000,000 | 0.80 % |
| $5,000,001 to $7,000,000 | 0.75 % |
| $7,000,001 to $10,000,000 | 0.63 % |
| $10,000,001 to $20,000,000 | 0.50 % |
| Excess of $20,000,000 | Negotiable |
Custodial and Trustee Service Fees at National Bank (included in the Liberty Management Fee above)
Our custodian, National Bank Independent Network (NBIN), charges custody fees on a monthly basis. Those fees are included in the overall client fee and are as follows:
| Account Size | Fee Percentage * |
|---|---|
| Under $1 million | 0.125% |
| Between $1 million and $5 million | 0.10% |
| Between $ 5 million and $ 10 million | 0.05% |
| Over $ 10 million | 0.025% |
* Other custodial charges, if any, will be noted in our disclosure document.
All NBIN accounts are covered by the Canadian Investor Protection Fund (CIPF) up to $1 million per account where qualified.