Ethan BrownSo, funny story: last week, my dog somehow managed to chew through my things and a stack of important documents. As I was frantically trying to save what was left of my tax forms, I realised just how much I needed someone savvy to handle my finances.
We’ve all had those moments, huh? Well, lucky for us, Ottawa is home to some incredible financial advisors who can help us get our money matters straight.
Whether you’re saving for a rainy day, planning your retirement, or just want to make sense of your investments, these top financial advisors in Ottawa have got your back. Follow along!
How much do financial advisors charge in Ottawa?
In Ottawa, financial advisors typically charge between $1,500 and $7,500 annually, depending on the complexity of services provided.
Hourly rates can also be an option, starting around $200 per hour for more specific financial needs.
MDL Financial Group
Address: 78 George St Suite 204M
Phone: +1 613 416 9649
Business Hours:
- Monday to Friday – 9 AM to 5 PM
MDL Financial Group offers a comprehensive suite of services, starting with tailored retirement plans for individuals and households Their retirement projections are quite thorough, whether you’re in the accumulation or decumulation phase—all for a reasonable $1,650!
When we observed their financial planning process, we were impressed by the detail. It begins with establishing a client-advisor fit and extensive goal setting, followed by a detailed analysis of the client’s financial situation.
Their step-by-step approach is very hands-on and involves continuous client engagement. We liked how they also review wills, POAs, and offer education planning for $4,500.
Most of us think their fees are a tad on the high side, especially for the more comprehensive plans. Even so, we appreciate that they disclose all fees and commissions transparently.
Something else we were happy to note is their independence from financial institutions and product commissions, so we’re confident that they give unbiased advice.
Next level service and expertise
“I highly recommend MDL Financial Group if you are looking for a financial advisor. Gabriel and Ruth provide next level service, professional, listen to your needs, knowledgeable about investment plans, help you plan for your future, and are always available. I am extremely pleased with their level of expertise and service they have provided me. Thank you so much Gabriel and Ruth!”
-Deena Deachman, Google Review
Exceptional customer service and detail-oriented
“Gabriel goes the extra mile to understand our goals and provide investment advice and options that are in our best interest. Gabriel is attentive and always well prepared to discuss and manage all aspects of our portfolio to maximize our investment results. Exceptional customer service with attention to details. Thank you to Gabriel and his team for the ongoing A+ service.”
-Lyse Chamberland, Google Review
Ecivda Financial Planning Boutique
Address: 68 Chamberlain Ave. #200
Phone: +1 613 591 0337
Business Hours:
- Monday to Thursday – 8:30 AM to 4:30 PM
- Friday – 8:30 AM to 11 AM
Our visit to Ecivda Financial Planning Boutique went really well. From the moment we walked in, we were welcomed with a warm and professional vibe.
We were introduced to their comprehensive range of personal financial services, including investment and wealth management, financial planning, income planning, and more.
We also noted their personalised approach—they really take the time to understand their client’s individual needs and goals. In fact, many clients we surveyed praised the staff’s hands-on experience and guidance. For them, this helped make complex financial decisions much clearer.
As for their process, it includes building a solid foundation tailored to your preferences. After that, they help you focus on long-term goals while keeping you on track through regular updates.
We also saw how Ecivda Planning Boutique is affiliated with Quadrus Investment Services—a well-respected financial services provider and one of the exclusive dealers for Canada Life Mutual Funds. For us, this speaks volumes about their credibility and professional standards.
The only downside? We noted that their fees are on the higher side and several client we surveyed agreed with us.
Highly qualified and genuine team
“Experienced, flexible, helpful, and trustworthy is what you will get when you choose Ecivda. There is no pressure, and they really do make you feel like you matter and that you are being heard. What a qualified, genuine team and such a pleasure to deal with. Thank you Shawn, Natalie and Stephanie for always being available and having our backs.”
-Rania Alarie, Google Review
Knowledgeable and attentive service
“We have been working with Ecivda for a while now. Shawn and Adam are very helpful & attentive. They are both very knowledgeable & they are always available to answer any questions we may have. Jackie in the office is also so pleasant and bubbly to chat to on the phone, Highly Recommend Shawn & Adam for all your financial needs.”
-Aine Lynch, Google Review
Potvin Financial Services Ottawa
Address: 117 Centrepointe Dr Unit #320
Phone: +1 613 224 6561
Business Hours:
- Monday to Friday – 9 AM to 5 PM
We recently checked out Potvin Financial Services, and there’s a lot to say. Now, the first thing that swept us was how comprehensive their financial planning and advising services are.
They really cover it all, from retirement planning to investment strategies and risk management. We noted that these guys go the extra mile to customize their services based on individual client needs, which is pretty impressive.
Another thing that stood out when we were introduced to their team is their depth of expertise. With certifications like CFP (Certified Financial Planner), they clearly know their stuff.
We chatted with some of their clients and they were happy with how approachable and thorough the advisors are.
However, we saw that their prices can be a bit on the higher side compared to some other lesser known local options.
Another downside is their limited social media presence, which might be a drawback if you’re looking for regular updates and community engagement online. Nevertheless, our overall impression is positive.
Impressive investment success and availability
“Kevin Potvin and his team at Potvin Financial Services are amazing when it comes to taking care of your investments. Kevin and his team are Professional, Knowledgeable and Trustworthy. I started with Potvin Financial in September 2023 and have nothing but success in my investments. I look forward to a strong finish in 2024. Kevin and his team are very approachable and available. Thanks Kevin and Team!!”
-Jeff Parke, Google Review
Reliable and honest financial advice
“Our family has dealt with Potvin Financial for many, many years, beginning with Rick. We get the same honest and excellent advice from Kevin. I would recommend Kevin to anyone without hesitation. A 10/10 for sure.”
-Susan Macrillo, Google Review
McAuley Financial Services
Address: 535 Legget Dr, Kanata
Phone: +1 613 591 3900
Business Hours:
- Monday to Friday – 8 AM to 4 PM
We recently came in contact with McAuley Financial Services and we felt at ease talking with them right from the start. After calling their office, we appreciated how they immediately offered us a no-commitment, virtual meeting.
Their team is remarkable in guiding their clients through various financial milestones as well. Previous clients mentioned how they emphasise establishing and organising financial goals while helping them remain disciplined during market fluctuations.
During our experience with them, we noticed how they expertly navigated some significant financial challenges we faced as our needs changed. This gave us confidence in their ability to help secure our long-term financial stability and success.
Another thing that stood out to us was their dedication to understanding our unique challenges. For example, they took the time to discuss not only our retirement plans but also potential worst-case scenarios, ensuring we felt prepared for the future.
The testimonials we came across were glowing as well, with clients praising the professionalism and genuine concern demonstrated by advisors.
Though, we found their fees a bit on the high side. We also noted their limited social media presence, which might be seen as a drawback in today’s digital age.
Highly insightful and patient guidance
“I have had the honour of being advised in financial matters with the firm of McAuley Financial Services for over 20 years, first dealing with Angela and now in the most capable hands of Kimberley Just recently we needed advice regarding capital gains. Kimberley’s knowledge of capital gains provided so much more insight and guidance on what to expect going forward and as always her explanation was put in terms that we could understand we were sincerely grateful for Kimberley’s help and patience with all our questions. I would highly recommend Kimberley and all the staff at McAuley, they are a great firm to deal with”
-Darlene Brading, Google Review
Prompt, knowledgeable, and trustworthy team
“Jack McAuley of McAuley Financial Services has been my financial advisor for many years. Jack has always taken the time to advise me on my investments. He and his team are always prompt, knowledgeable and trustworthy. I would highly recommend them.”
-Cathay Scarabelli, Google Review
