Extra Economic Savings
This is a unique proprietary program designed to generate significant cost savings to our clients at the Senior and Basic levels of service. Product sales providers are continually offering referral fees etc., to E.E.S. to gain access to our client base. Our policy has always been that accepting these offers would hinder our objectivity. However, rather than leaving these dollars on the table, we negotiate a method whereby these amounts are refunded directly to our clients.
This means that our clients may benefit from reduced commission costs on the purchase of securities or real estate. They may also receive increases above the posted rate on GIC’s and discounts from the posted rates for loans and mortgages.
We negotiate a return to our clients of commissions associated with the purchase of various tax shelters. Many shelters have a minimum participation of $150,000. At 4-6%, this results in a payment back to a client of anywhere from $6,000 to $9,000. This has meant a rebate of commission to our clients in many years of approximately $1,000,000.
We have been advised by the tax shelter community that we at E.E.S. are the only planners in Canada who arrange, and pass on these rebates to their clients.
More details are available on Extra Economic Savings on request.