How to Choose a Financial Advisor Ottawa

Financial Advisor Ottawa

A financial planner or advisor works with you to create a plan to help you reach your long-term goals. They can help you with estate planning, tax strategies, retirement planning and more. They can also help you find the right investment options to achieve your goals. Read more ex-ponent.com

Some planners focus on a particular type of investor or a certain stage of life, while others have a broad scope. It’s important to choose an advisor with the right expertise and experience for your needs, says Heath. It’s also important to understand the different types of services and fees that an advisor or planner may charge. Some charge hourly, while others may charge a percentage of the value of your portfolio. You can check an advisor or planner’s credentials by using a provincial or territorial regulator’s National Registration Search.

Ottawa’s Top Financial Advisors: Making Smart Financial Choices

The first step in financial planning is filling out a questionnaire, which provides an overview of your current financial situation, including assets, liabilities, liquid or working capital. The financial plan will also detail your short- and long-term goals. This information will serve as the basis for your strategy and can be revised to reflect changes in your financial circumstances or goals.

TD Wealth planners use their own research and data, as well as that of other TD specialists, to help you develop a plan to grow your wealth and protect it against unforeseen risks. They’ll determine your Wealth PersonalityTM profile and discover your priorities to develop a holistic approach that helps you grow and preserve your wealth for the people and causes you care about most.