How much do you pay for Financial Advice?

If you’ve been reading the Vancouver Sun, The Province, The Globe and Mail, the National Post or merely glimpsed at that little screen in the elevator, you may have seen a reference to a very significant change in the Financial Industry called the Client Relationship Model, Phase 2 or CRM2. These upcoming changes do not increase what you are paying for advice, but you will now have a few more numbers on the statement showing investment performance and cost in actual dollar figures. When you invest in a Mutual Fund, you pay a Management Expense Ratio (MER) based on the amount of money you have invested. For instance, if you have $100,000 invested in a Mutual Fund with a 2.50% MER, you are

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