Investment Fraud Awareness
Adviser Compensation Methods: More than a third of Manitobans
with an adviser pay them by salary (36%), on par with national share
Is your financial adviser being paid by any of the following methods?
Q
[asked only of investors who currently do or usually have a financial adviser; national n=1,698, MB n=180; multiple selections allowed]
Among investors who currently or usually have an adviser
42%
38%
National
⭑
36%
32%
32%
30%
28%
38%
36%
34%
Manitoba
35%
31%
30%
26%
27%
25%
20%
.20%
19%
19%
15%
9%
11%
13%
3%
<1%<1%
Salary (the
cost of their
advice is built
into the
products you
Flat fee or %
based on the
assets in your
account
Commission
based on the
products they
sell
Flat fee based
on an hourly
rate
Other
Don't know
buy)
Salary (the
cost of their
advice is built
into the
products you
buy)
9% 9%
HA
NV
24%
41
22%
20%
2%
1%
<1%<1%
Other
Don't know
Flat fee or %
based on the
assets in your
account
Commission
based on the
products they
sell
Flat fee based
on an hourly
rate
Note: 2017 national n=1,717, MB n=171; 2012 national n=2,087, MB n=92; ■2012 2017 2020
'none of the above' not shown
INNOVATIVE
RESEARCH GROUPView entire presentation