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GIC Wealth Management Broker Rates
August 3, 2022
7:10 pm
HermanH
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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.)

August 3, 2022
7:45 pm
Norman1
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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.

August 5, 2022
11:02 am
bigzim
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Maybe, but you can lock in 100K for both yourself and your spouse and get the 5.15% rate. Just did it today. That will compliment my ladder

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