

GIC Wealth Management Broker Rates
August 3, 2022
7:45 pm
7:45 pm
Norman1
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Member Since:
April 6, 2013
April 6, 2013

HermanH said
Was just talking with Kevin Rotenberg and he said that he could do 5-yr 5.15% for 200K or more. So, there is some wiggle room (for larger balances.)
The customary deposit brokerage commission is ΒΌ% for each year of the GIC.
The offered 0.05% improvement in yield is from assigning 0.05% of the 0.25% per year commission to the investor on $200,000+ purchases.
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