PRICING
ADVICE ONLY PLANNING
Clarity regarding costs is the foundation of a trusting partnership. As a fee-only / advice-only financial planners, we provide professional guidance without the conflict of interest found in traditional product sales.
PAY-BY-THE-HOUR
INSTANT ADVICE
We provides hourly advice as a flexible, one-time consultation where you can request one or multiple sessions to address specific financial questions as they arise. Many of our clients use this service for time-sensitive matters.
We answer questions, such as whether your current investment fees are too high, or how to decide between RRSP and TFSA contributions. We also provide guidance on cash flow management and debt reduction strategies.
If you later decide to transition to a full engagement, the fee from your first hour will be credited toward the total cost of your complete financial plan.
FINANCIAL OR RETIReMENT PLANS
The following services are full engagements. By reviewing every part of your financial life to create a personalized, step-by-step roadmap for your future. These services are a detailed look at your personal or corporate finances, designed to address everything from tax optimization and retirement planning to investment guidance and cash flow management.
By the end of this process, you receive a written plan with a specific action checklist so you can make informed decisions with total confidence.
CORPORATE FINANCIAL ADVICE FOR
BUSINESS OWNERS
PRICE: $5,000-$7,000+HST
Planning that focuses on tax-efficient compensation strategies, to minimize your personal and corporate tax bills. We design investment strategies to manage passive income limits and develop a clear succession plan that protects your legacy, and ensures a smooth transition of your business assets.
RETIReMENT PLANNING ASSESSMENT
PRICE: $3,500-$6,500 +HST
A detailed analysis to project your future income and determine the exact timing to start your CPP and OAS benefits to maximize your lifetime government payouts. Deep-dive into your personal assets to stress-test your spending levels and ensure your retirement lifestyle remains sustainable.
ONGOING SUPPORT
PRICE:
$125/mO INDIVIDUALS AND FAMILIES
$175/MO CORPORATE +HST
This service ensures we track your progress and that your strategy stays current. You receive expert guidance whenever you need to make a new financial decision. It includes unlimited email support, a a 6-month check-in and a full 1-year plan update.
STARTER PLAN
USE OUR PLANNING PLATFORM
Merrick Financial provides the Starter Plan as a "do-it-with-you" service, offering a more affordable way to build your financial roadmap by involving you directly in the process.
This service is designed for families and business owners who are comfortable dedicating time to upload their financial data in our platform and provide necessary inputs in exchange for a lower price point.
How it works: You access our financial planning platform for only $9 a month, this allows you to monitor your financial situation in real-time.
When you need to make a major decision or want a financial expert to assess your progress against your goals, you can book a 90-minute consultation for a deep-dive analysis. By the end of this session, you receive a clear action checklist to guide your next steps, though no formal written plan is provided.
STEP 2:
90 MIN DEEP DIVE
PERSONAL
PRICE: $1,250+HST
After you uploaded your data in our platform, you can book a 90-minute deep-dive analysis of your current finances. Examples of how clients use these sessions include stress-testing retirement readiness, evaluating the long-term cost of different mortgage terms, or determining how to stay on track for their children’s education.
STEP 2:
90 MIN DEEP DIVE
BUSINESS OWNER
PRICE: $1,650+HST
This is a 90-minute deep-dive analysis of your corporate and personal finances. Examples of how business owners use these sessions include: evaluating the most tax-efficient way to pay yourself, managing passive income limits within your corporation, or determining how to balance business growth with your personal retirement readiness.