About Four Points Financial Solutions
OUR VALUES
Caring
As an advisor owned firm, we truly care about the well-being of our clients and treat them like a part of our business family, representing their interests when dealing with the large financial institutions.
Trustworthy
We value the independence that allows us to provide unbiased guidance that is always in the client’s best interest.
Responsible
We believe that everyone is the master of their own destiny, and responsible for the consequences of the choices they make. We help people understand their options to make better decisions.
Respectful
We respect the fact that your choices will reflect your values.
Our History
OUR STORY STARTS IN THE MIDDLE OF THE LAST CENTURY.
It was 1951 when 21 year old Leverne H. Fyke left the family farm near Moosomin, SK to begin a career as a life insurance agent with Monarch Life. Seven years later he was offered the Assistant Manager’s job at Monarch’s flagship Winnipeg Gateway branch, so he and wife Joyce brought their infant son Terry to Winnipeg. Two years after that Cameron was born and by 1970 Leverne had earned the Agency Manager’s chair.
Our Affiliations
Our Compensation
We offer the consumer choice as to how they pay for our services.
Embedded in the Cost of the Product
When you deal directly with a financial institution, employee salaries are built into the cost of the products you purchase. Similarly, when you deal with an independent advisor compensation can be built into the cost of the product but paid as a commission and/or referral fee rather than a salary. However, these revenues will only be received if our services result in the placement of investment, insurance, and other financial products as part of the implementation of the action plan. This is the most common option where a client chooses to fully engage for both planning and implementation.
Fee Based
An investment account in which compensation is based on a set percentage of the client's assets instead of on commissions which vary by product, the amount of trades made or the amount of assets sold to the client. This is an alternative option where a client chooses to engage for both planning and implementation.
Fee Only
Fees are estimated based on the time and complexity of the planning needs and billed based on actual time consumed. Additional compensation is not anticipated, but may be generated through commissions and/or referral fees if the client subsequently chooses to transact investment, insurance, and other financial products through us. This option will appeal to consumers who choose to engage for planning with no implementation obligation.
Fee Offset by Commission Rebate
Fees are determined based on the time and complexity of the planning needs and billed based on actual time consumed, and intended to be reduced to reflect any commissions or referral fees received for transactions on investments and other financial products that are expected to be undertaken as a part of the implementation of the action plan. To comply with insurance regulations, the fee-offset calculation only includes fees earned on investment assets outside the realm of the Insurance Act. This is an option for the client who chooses to engage for planning with accommodation for implementation.