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Leith & Glassford |
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Real Estate Listings |
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What is a Deposit Broker?
A deposit broker is an independent retailer who helps people select and buy investment products, especially guaranteed investment products such as GICs, Term Deposits, etc. from different Canadian financial institutions.
We strive to provide clients with the fundamental keys to financial success - a wide selection of products, the best possible interest rates and personal service.
Because we are independent from any single institution, we can offer objective product recommendations. The financial institutions are able to provide a special rate for clients who invest through a deposit broker.
We belong to the Federation of Canadian Independent Deposit Brokers (FCIDB) which is an industry trade organization for deposit brokers. Visit their web site at www.fcidb.com
Why use a Deposit Broker versus the Bank?
There are several great reasons to use a deposit broker instead of a bank.
PERSONAL SERVICE: You can benefit from the best products developed by the large banks and trust companies, while at the same time you get the service that only a small company can provide.BEST RATES: Deposit brokers shop throughout Canada to find you the best rates possible.ONE STOP SHOPPING: By using a Deposit Broker we do all the shopping for you at no cost to you. We are paid by the financial institutions.
Basic Protection:
By law, the maximum basic protection for eligible deposits is $100,000 per depositor (principal and interest combined) in each member institution.
For additional information, call CDIC direct at (800) 461-CDIC or visit their web site: www.cdic.ca
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For complete listing information contact our office HERE. |
