When searching for the ideal financial advisory firm, an important metric to keep an eye on is investor satisfaction. This metric measures how many clients are happy with their investment company.
RBC Dominion Securities is a full-service brokerage with offices and investment advisors across Canada, known for placing great importance on client satisfaction and consistently being rated highly in investor satisfaction rankings.
Raymond James
Raymond James offers high-net-worth individuals a range of services for estate planning, wealth transfer strategies and intergenerational family governance programs, liquidity solutions and private banking services as well as offering investment products and insurance policies as well as helping their clients save money with retirement savings plans and credit card solutions.
Raymond James has an intricate fee structure, comprising of asset-based advising charges as well as legal, courtesy transfers and maintenance charges. To be effective partners with Raymond James advisors it’s crucial to be familiar with their full fee table before engaging one.
Raymond James offers both national and local hotlines, so most inquiries for customer service will be addressed locally. This is due to its multiple offices and individual financial advisors offering personalized assistance.
Edward Jones
Edward Jones offers a broad array of investment advisory, brokerage and wealth management solutions, as well as retail branches throughout North America. Edward Jones advisors provide guidance and face-to-face interaction, while encouraging their advisers to establish lasting relationships with clients.
Edward Jones offers low account minimums and multiple accounts that allow you to select the level of service that’s right for you. For instance, their Guided or Advisory Solutions programs charge flat fees based on the asset value in your account.
Be wary, however, as some Edward Jones advisors may receive commissions on insurance products and may have conflicts of interest. If these issues concern you, consider working with a local fiduciary financial advisor who charges lower fees instead.
CI Assante
CI Assante’s rigorous governance processes and substantial financial resources offer added stability during market instability. Legal and compliance personnel monitor regulatory, investment and ethical matters on an ongoing basis while keeping senior management informed of any issues that may arise.
CI Assante advisors on average oversee twice as many assets than advisors from other independent wealth management firms, using Calendly’s scheduling links and workflows they have saved over 13,607 hours in administrative costs while reaching 143% more clients with 143% greater client retention rate reclaimed almost 26% of time back for billable work resulting in an impressive return on investment for their teams.
National Bank Financial
National Bank Financial is Canada’s sixth-largest commercial banking and financial services provider, operating across Canada and internationally from New York City to Toronto and Melbourne. Their operations and customer service rank among the best in Canada making them a premier financial institution offering personal and commercial banking, wealth management, financial markets services and international services to their customers.
EQ Bank offers a selection of accounts and services including checking and savings accounts, credit cards, loans, retirement products, investing services and customer service that is truly exceptional. Their fees are very affordable while customer service remains outstanding – not to mention offering free Interac e-Transfers among many other perks – making EQ Bank an attractive choice for people searching for banks with low fees.
IA Private Wealth
Financial planners in Toronto who stand out as experts are committed to meeting their clients’ long-term financial goals. Through an intensive process they assist their clients in understanding their options and making smart decisions about the future, as well as offering expert asset allocation and investment stewardship advice.
CMA Financial Group provides a variety of services, from tax planning to retirement account management, through their team of certified professionals who are equipped to address even the most challenging situations. Committed to their clients’ success and focused on developing lasting relationships, their services make an impressionful impression for all those they meet.
Fee-based firms like HW Capital Management do not receive commissions from outside companies or financial products. This ensures they remain impartial, acting only in their clients’ best interest at all times and acting with complete transparency and objectivity. In addition, HWCM offer cross-border brokerage and wealth advisory services – including servicing both Canadian registered accounts as well as non-registered U.S. accounts such as IRAs and 401(k)s.
