Management Fees

Our management fees pertain to the discretionary portfolio management services rendered by WDS. It is automatically withdrawn monthly, directly from each client's account, in arrears.

The portfolio management fee is a percentage of the market value of the assets in the account. It is calculated using a declining asset-based fee schedule based on aggregate family assets. This ensures every WDS client receives the same objective, transparent and professional level of service.

Please note:
Portfolio management fees for non-registered accounts are generally tax-deductible.

WDS's compensation consists exclusively of direct charges for the portfolio management and investment advisory services rendered. Commission-based revenue of any nature is prohibited.

WDS does not manufacture any proprietary products for sale or use in our clients' portfolios.

Sponsored Fund Management Expense Ratio

In certain cases, WDS may use pooled investment products, like exchange-traded funds. These pooled funds commonly have embedded management fees and operating costs that are deducted by the fund sponsor. The management expense ratio usually ranges from 0.25% to 0.75%, depending on the fund's asset class.