Administrative Fees | Questwealth Portfolios | Questrade (2024)

FAQs

What is the fee for Quest portfolio? ›

If you're investing in mutual funds, you're likely paying a lot in fees for your investments. The Questwealth Growth portfolio has a total fee of 0.37% (0.25% for our management fee and 0.12% charged by the ETFs held in the portfolio), a fraction of the cost of the average mutual fund.

If you're looking for a low-cost, easy investment strategy that won't demand much of your time or attention, Questwealth Portfolios is among the best (and cheapest) robo-advisors in Canada. Questwealth Portfolios is the robo-advisor offered by Questrade, a Canadian online brokerage.

We then pass those savings onto you. What is the difference between Questwealth Portfolios and Self-Directed? With Questwealth Portfolios, you get a portfolio managed by our team of experts. With Self-Directed Investing, you're buying and selling the investments yourself.

Regular RRSP, RRIF, or LIF

The RRSP, RRIF/LIF annual administration fee is $100 CDN. There are no administration fees for any registered account with a balance greater than $25,000 CDN (or Canadian equivalent).

‍Advisor (Management) Fees

The industry typically refers to this as an investment management fee and averages between 1-2% of assets (i.e. A $100,000 investment could cost you between $1,000 - $2,000 annually).

Most financial advisors charge based on how much money they manage for you. That fee can range from 0.25% to 1% per year. Some financial advisors charge a flat hourly or annual fee instead.

How Questwealth Portfolios work for you. Your portfolio's asset mix is constantly monitored and adjusted when market conditions change. Portfolio managers use a technique called tax-loss harvesting¹ to lower capital gains tax in cash accounts.

Commissions and fees

Self-Directed Investing pricing: For most investors, Questrade's standard pricing is the best deal. Stocks cost $0.01 per share with a minimum charge of $4.95 and a max of $9.95. ETFs follow the same structure, except you are not charged when you buy, only when you sell an ETF.

If you take an ultra-aggressive approach, you could allocate 100% of your portfolio to stocks. Being moderately aggressive. move 80% of your portfolio to stocks and 20% to cash and bonds.

Our Verdict. Schwab Intelligent Portfolios could be a great choice for investors evaluating robo-advisors on price alone. The basic account charges no annual management fee, and there's a decently priced premium account that gives access to financial advisors.

Is Charles Schwab self directed? ›

Employees can rely on the assistance of dedicated Schwab PCRA Registered Representatives who are familiar with the investments in their plan and can help them place trade orders. Since PCRA is a self-directed option, the representatives cannot provide investment recommendations.

No worries - J.P. Morgan Self-Directed Investing is a reliable broker that lets you access your funds any time. You can use only bank transfers to withdraw funds.

An administration fee is a one-time fee charged by landlords or property management companies during the apartment application process. This fee covers the administrative tasks required to establish a rental agreement between the landlord and the tenant.

Administration Fees

Direct fees can be paid by the plan sponsor or deducted from participant accounts. while indirect fees increase the cost of 401(k) investments - lowering their returns. Direct fees are by the most transparent. Their dollar amount must be explicitly reported in participant fee disclosures.

Try negotiating with your insurer. If you're a loyal customer, it might be willing to reduce the fee level or waive it completely if it means they're more likely to retain your custom.

At Questrade it's 1/share (min. $4.95-max $9.95). How do you keep your fees so low? By bringing investing online, we reduce overhead and fees, and pass the savings onto you.

It gives you access to around 20 of our Stansberry Research publications. To subscribe to all of these newsletters and trading services individually would cost over $37,000.

11.20.1 Fees (Self Finance)

800,000/- (Rupees Eight Hundred Thousand) only as admission fee plus government Tax 5% on Self finance fees less Rs. 200,000/- (Rupees Two Hundred Thousand) only i.e Rs. 40,000/- (Rupees Forty Thousand) only through demand draft of Rs.