Lonsdale Financial Group
CIBC Wood Gundy
Among financial advisors in Canada, fee-based versus commission has been an ongoing debate for years. There are strong arguments for both compensation models, but Brian Lonsdale believes the future of the business lies in a fee-based system. Currently his practice is split 50/50, but he intends to move to a more transparent fee-based model in the years ahead. Lonsdale added $17 million to his book in 2017; with a current AUM of $136 million, his firm is well positioned to grow as the industry evolves.