2019 RANKING & REVIEWS
BEST FINANCIAL ADVISORS IN TORONTO
Identifying 2019’s Top Financial Planners & Wealth Managers in Toronto, Canada
Toronto is the most populous city in Canada and that large population draws a significant number of financial advisory firms.
So many in fact, that the task of finding a firm to work with that you can trust to help you manage and grow your wealth can be a daunting one.
How do you know which are the best wealth management firms in Toronto that uphold industry standards, are going to give you valuable advice and will offer the right financial services for your needs?
You can search through hundreds of firms for days to gather details… or you can take a shortcut and read through our list of the 11 top Toronto, Ontario financial advisors to learn more about the best firms to work and what things to look for when choosing a financial planner.
AdvisoryHQ has a strict selection process that is designed to identify the best financial advisory firms in multiple cities in Canada, the US, and the UK.
From our top-rated list, you can easily narrow down your options to a few to meet with in order to find a perfect fit.
How do you know which financial planning firm in Toronto is best for your needs?
We’ll go over some key things to look for in a top Canadian financial advisor and tips on how to refine your options so you can weed out firms that may not fit as well.
You’ll also find important information below about fee-structure and what you need to know about the difference between “fee-based” and “fee-only” Toronto wealth management firms.
So, if you’re ready to take control of your money and find a professional that can help you make smart financial decisions and a plan for the future, read on for the top financial planning firms that Toronto has to offer.
Award Emblem: Top 11 Best Financial Advisors in Toronto, Canada
Top 11 Best Financial Advisors & Planners in Toronto, Canada in 2019 | Brief Comparison & Ranking
Top-Rated Toronto Financial Advisors
|Caring for Clients||5|
|Cumberland Private Wealth||5|
|De Thomas Wealth Management Corp||5|
|HighView Financial Group||5|
|Newport Private Wealth Inc.||5|
|PWL Wealth Management Inc.||5|
|Stewart & Kett Financial Advisors||5|
|Tacita Capital Inc.||5|
|Olympian Financial Inc.||3|
Table: Top 11 Best Financial Advisors in Toronto, Canada | Above list is sorted by rating
Tips for Selecting a Top Financial Advisor in Toronto
When you’re looking through websites of wealth management firms in Toronto, Ontario, they may seem to all appear the same at first.
However, knowing a few key things to look for can help you begin to differentiate one from another.
Here are some tips on things to keep in mind as you’re researching the best Toronto financial advisors and that will help you zero in on your perfect match.
What are their Fees and Fee Structure?
Knowing how much the financial advisor from a Toronto advisor is going to charge you is important and can lead you to choose one firm over another for a better value.
You want fees to be easy to find, which lets you know that the firm values transparency.
You also should know the fee structure they work under, fee-based or fee-only:
- Fee-Based: Means they accept commissions from companies that sell financial products.
- Fee-Only: Means they DO NOT accept commissions from companies that sell financial products.
Many fee-based firms are also fiduciaries which helps to counteract the inherent conflict that can come from earning commissions on financial products.
A fiduciary is legally bound to acts in their client’s best interests at all times.
What Types of Clients Do They Work With?
Some firms work with clients from all walks of life, others lean toward high-net-worth individuals.
Knowing if a Toronto financial advisor has a minimum on the investable assets they work with can help you differentiate between firms you might consider.
What Services Do They Offer?
You want to know beyond just financial planning and investment management, what other services a financial planning firm in Toronto offers. Some may offer accounting services, some insurance or tax services.
Fit their services to your needs.
Do They Have a Specialty?
Some Toronto financial advisors will specialize in retirement planning, while another might work with small business owners.
8 Types of Investments You Should Know
You can often find an excellent fit for a financial partner if they have a specialty that matches your situation or financial planning goals.
Top-Rated Toronto Financial Advisors & Wealth Management Firms
2019 AdvisoryHQ’s Selection Methodology
What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services and products that are ranked on its various top-rated lists?
Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.
Detailed Review – Best Financial Advisors in Toronto, Canada
Below, please find the detailed review of each firm on our list of top 2019 advisors and financial planners in Toronto.
We have highlighted some of the factors that allowed these Toronto financial advisory firms to score so high in our selection ranking.
Click on any of the names below to go directly to the review section for that firm.