Michael Kooy is a registered investment advisor at RBC Private Counsel (USA) INC., based in Sarnia, Ontario, with 8 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 5,967 clients with $7.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RBC Private Counsel (USA) offers three investment management programs, each with a maximum fee of 2.75% per year. The fees include trade execution and custodial services. The A+ and Access programs also include compensation to sub-advisors or investment managers. The Private Investment Management (PIM) program is managed directly by an Investment Counsellor. Fees are calculated based on the daily market value of assets and charged monthly or quarterly. An early termination fee may apply to the PIM program if the relationship ends within the first year.
Location
340 N Front St, Sarnia, Ontario, N7T 5S7
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Michael is a director at Steeves and Rozema Enterprises Ltd, a private real estate investment firm, since 2015, dedicating a few hours per week. He is also a director and shareholder of 1950694 Ontario Limited, another private real estate investment company, since 2016, also dedicating a few hours per week.
Employment History
Current Registrations
RBC Private Counsel (USA) INC.
State Registrations1 state
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