Finding a Financial Advisor

Exponent Investment Management  in Ottawa is a professional who helps you create a plan to reach your goals. Financial planners can help you manage your money, set up retirement savings accounts, and make smart investment decisions.

You can find a financial planner through a bank, credit union, or other financial institution. Some financial planners may also be employed by a company that sells mutual funds and other investments. Others are independent and charge a fee for their services. Regardless of where you get your advice, be sure to check the qualifications of the person and the type of service they offer.

While many people think there is a one-size-fits-all approach to finances, that simply isn’t the case. The best financial advisors will take your specific needs into account and create a personalized portfolio that fits your personal goals. These goals may be short term or long term, and they will depend on your investment horizon, risk tolerance, and current situation.

Navigating Financial Decisions: Finding a Trusted Advisor in Winnipeg

A good financial advisor will be transparent about their fees. For example, if you hire an advisor who manages your investment portfolio, they may charge a management fee of between one and two percent. These fees can eat into your returns, says Shannon Terrell, an analyst with NerdWallet Canada.

At MacAuley Financial, they have a three-step process that ensures they are always acting in the client’s best interest and providing custom financial solutions. They will review your personal financial data in confidence, provide you with an action plan, and then monitor your investments for you. They will also work with you to save taxes, build and protect your wealth, and provide regular reports on your performance.