Oliver EvansHandling finances on your own is about as risky as trying to construct a building without any blueprints. You may mistakenly think that ‘equities’ are some sort of diet fad and nearly set your retirement plans on fire.
So instead of getting stuck in a situation like this, ask for help ahead of time. Vancouver is home to some of the best in the business. And lucky for you, the Waterview Vancouver team and I already weeded through different advisors and compiled a list of the best.
So if you need a financial advisor, here’s who made it onto our list!
| How much does it cost to hire a financial advisor in Vancouver? Hiring a financial advisor can cost at least 100 CAD per hour or 0.5% of the assets under management. These are just estimates, and the cost will vary depending on the advisor you choose. |
How We Chose
1. Ascendant Financial Inc: Financial Advisor – Vancouver
Contact Details: +17784029822
Operating Hours: Monday to Friday – 9 AM to 5 PM
Ascendant Financial Inc. is a good choice if you’re interested in the Infinite Banking Concept (IBC) and have a strong focus on life insurance.
Our team found that many appreciate Ascendant’s thorough and educational approach to financial planning. They mainly focus on planning for long-term wealth accumulation, particularly through insurance.
Many we spoke to also commented on the informative free consultations they provide and the deep understanding the financial advisors have of the struggles in day-to-day life.
Others praised their coaching sessions and the helpful video tutorials available on their financial platform.
However, since they specialise primarily in whole life insurance, those looking for a broader range of investment options might find this limiting.
Pros
- Infinite Banking Concept (IBC)Infinite Banking Concept (IBC)
- Educational financial planning
- Helpful video tutorials
- Understanding advisors
- Free consultations
Cons
- Limited investment options
Customer Reviews
I highly recommend getting on a call with them
“The team at Ascendant Financial is second to none. I highly recommend getting on a call with them to see how becoming your own banker can change your financial situation and help you take control of your financial future. You won’t regret talking with them.”
– Kevin Pauls Google Review
He helped me in all stages and made sure I am left with no questions
“I have been working with Taran for some time! He has been an amazing advisor and listened to my queries patiently and provided solutions. He helped me in all stages and made sure I am left with no questions before taking a decision. I will recommend him and Ascendant Financial team”
– Parveen Kashyap Google Review
2. Ocean 6 Wealth Advisory Inc.
Address: 240 E 2nd Ave, Vancouver, BC V5T 1B7, Canada
Contact Details: +16043434808
Operating Hours: Monday to Friday – 8 AM to 4:30 PM
If you own a business and want high-quality financial advice, Ocean6 Wealth Advisory Inc. is a top pick.
They offer creative financial solutions and discuss the habits and mindsets that can lead to success. They can also help you get low bank interest rates and provide expert tips on retirement funds and managing debt.
In addition to this, we love that they use a fee-for-service model. This means you pay a set fee rather than them earning commissions from sales, ensuring their advice is unbiased and always aims to benefit you.
Sure, they might not be ideal for individuals or families, but they’re perfect for business owners needing personalised and professional financial guidance.
Pros
- Fee-for-service approach
- Specialised for entrepreneurs
- Holistic approach
- Expert retirement advice
- Expert debt guidance
Cons
- Not ideal for families
- Limited personal finance focus
Customer Reviews
Attention to detail and dedication to my financial well-being were truly remarkable
“I can’t express enough how grateful I am for the outstanding financial planning service provided by Dave Loncaric and the team at Ocean 6. They truly exceeded my expectations on every level.
When I first approached Dave, I was overwhelmed with various financial challenges. From managing debt to planning for retirement. However, their team of experts stepped in and guided me through each obstacle with professionalism and care. What I found most valuable was their personalized approach to financial planning. Instead of offering generic solutions, they took the time to understand my unique situation and tailored a comprehensive plan that suited my needs perfectly. Their attention to detail and dedication to my financial well-being were truly remarkable. Now, thanks to the assistance of Ocean 6, I feel more confident and in control of my finances than ever before. The peace of mind I have knowing that my financial future is secure is priceless.
I wholeheartedly recommend the team at Ocean 6 to anyone seeking top-notch financial planning services. Trust me, you won’t be disappointed!”
– Curtis Graves Google Review
I have not felt this confident about my future and my financial freedom ever
“As a small business owner, there are many challenges we face as an entrepreneur and planning for a secure retirement is probably one of the biggest obstacles we face. After countless hours of research on the Internet, I came across some articles and informative videos from Ocean 6 Wealth Advisory. Ocean 6 immediately got my attention because of the straight forward and professional way in which they discussed each and every situation I most needed help with. After reaching out to them, I was quickly and professionally contacted and to keep it brief and to the point met Dave Loncaric, one of the new partners at Ocean 6 Wealth Advisory. (Congratulations Dave, Ocean 6 is a better place with you.)I immediately felt confortable speaking with Dave and have developed what I consider a very personal and professional relationship. The ability for Dave to create a Blueprint of what my financial future could look like has been the most valuable advice I have received as long as I can remember and will probably be a tool I use long after my retirement. I would very strongly recommend reaching out to Ocean 6 if sleeping at night is important to you and your financial future is cloudy as an independent entrepreneur. I have not felt this confident about my future and my financial freedom ever !! Thank you Dave and Ocean 6 Frenchie”
– Andre Leclair Google Review
3. Balanced Financial Services
Address: 2309 W 41st Ave #204, Vancouver, BC V6M 2A3, Canada
Contact Details: +16042618511
Operating Hours: Monday to Friday – 8 AM to 4 PM
Balanced Financial Services’ expertise in investment management makes them stand out from everyone else. They can help you take care of everything, from shareholders’ agreements to analysing your cash flow.
From what we’ve noted, their team of Certified Financial Planners (CFPs) gives you clear advice tailored just for you. These advisors really focus on knowing your financial goals and risk comfort level.
They assist in traditional financial planning, tax help, and estate planning.
While a few mentioned that their fees are higher than some other places, most we spoke to felt the quality of service and peace of mind made it worth it.
Pros
- Investment management
- Objective advice
- A wide array of services
Cons
- Higher fees
Customer Reviews
We are truly grateful for their expertise and assistance
“One of the most pressing concerns for newcomers is ensuring financial security and wealth planning, including aspects like retirement savings and providing for their children’s future.
In this regard, we are immensely thankful to Sia for his unwavering support and guidance, which have not only put our minds at ease but also provided us with invaluable insights and direction.
Without the assistance of both Earle and Sia, navigating these complex financial decisions would have been significantly more challenging, and we are truly grateful for their expertise and assistance.”
– Vahid Ghafarpour Google Review
They helped me uncover a number of financial and risk issues that I did not know I had
“I have been a client of Balanced Financial Services for 5 years. Earle and Sia are very knowledgeable about investments and put me through a comprehensive financial planning process. They helped me uncover a number of financial and risk issues that I did not know I had. I’ve had a far better experience here than I’ve had with the banks. Thank you Earle and Sia!”
– simon chan Google Review
4. Tyler Mann, PFP – RBC Financial Planning
Address: 2735 Granville St, Vancouver, BC V6H 3J1, Canada
Contact Details: +16043186640
Operating Hours:
- Monday to Wednesday – 9:30 AM to 5 PM
- Thursday – 9:30 AM to 3 PM
- Friday – 9:30 AM to 4 PM
Tyler Mann at RBC Financial Planning is the best choice for those who need help with investment and retirement planning. He creates financial strategies carefully tailored for each of his clients.
Many of his clients commented that his kind and patient approach makes financial planning stress-free. That’s why they also find it easier to collaborate with him during tougher financial times.
Other clients also rave about how he keeps them informed about market changes, which eases their concerns about their investments.
While a few clients mentioned that reaching Tyler can sometimes be difficult, most agree that his professionalism and insightful advice more than compensate for this minor inconvenience.
Pros
- Expertise in investment planning
- Expertise in retirement planning
- Patient approach
- Regular market updates
Cons
- Difficult to reach at times
Customer Reviews
He took ample time to understand our unique situation and goals
“Tyler came into our life at just the right time for our family and we are so grateful for his guidance. We were seeking financial advice around short and long term investing as well as support around day- to- day financial planning. He took ample time to understand our unique situation and goals. His patient, kind and warm approach was so appreciated during the process. Over our many conversations, we were able to built trust in his knowledge and strategies. It’s been a pleasure working with Tyler and I wholeheartedly recommend his services.”
– Daisy Hotson Google Review
Tyler Mann created a simple, comprehensive (and comprehensible) plan
When my 92 year old mother sold her house, Tyler Mann created a simple, comprehensive (and comprehensible) plan for her money. Tyler checked in and reviewed with us regularly as he formulated the financial plan, and was attentive to the family’s financial goals both long and short term. When it came time for mum to sign the papers – recognizing that mum has mobility issues – he made a house call. Tyler is friendly, kind, and patient – a true professional. We are very happy to be working with him.
– Bruce Emmett Google Review
5. Mobius Financial Planning – Bily Xiao, CFP – Top Rated Vancouver Financial Planner / Financial Advisor
Address: 595 Burrard St 16th Floor, Vancouver, BC V7X 1L4, Canada
Contact Details: +16042493572
Operating Hours: Monday to Friday – 9 AM to 5 PM
Founded by Certified Financial Planner Bily Xiao, Mobius Financial Planning specialises in retirement planning for individuals aged 50+ and offers tax optimisations for business owners.
Clients particularly love Mobeus’ commitment to making a positive societal impact while helping them achieve their financial goals. Whether you need assistance with cash flow planning, buying real estate, or charity investments, Mobius has you covered.
Many people also appreciate the helpfulness of the free phone call consultation, which provides a no-pressure introduction to their services.
However, be prepared for a bit of a process before fully engaging with them. At least three meetings are required to set up your personalised financial plan.
Pros
- Specialises in retirement planning (50+)
- Expertise in tax optimisations for business owners
- Focus on positive societal impact
Cons
- Requires three meetings before working together
Customer Reviews
He explained concepts diligently and presented multiple options
“It has been great working with Bily. I think it’s hard to establish a bond of trust when financial matters are involved, but Bily was quick to reassure me and made me feel comfortable with every decision we’ve made throughout this path. He explained concepts diligently and presented multiple options to every aspect we discussed, and this made me learn quite a bit on personal finances.
Lastly, what I really appreciate is how he is always easy to reach out to whenever I have any questions. Thank you Bily, and hope to continue working together for many years ahead!”
– Fabio K Google Review
He cares deeply about what he does and supporting the people he works with
“My wife and I had the pleasure of working with Bily to develop a short term financial plan to help us meet our long term goals. Bily guided us through a thorough process where he came to understand our spending/goals and created a tailored plan for us. He came to each meeting organized and prepared and he always made lots of room for patient discussion and questions. You can tell from the moment you start working with Bily that he cares deeply about what he does and supporting the people he works with. I’d highly recommend working with him to anyone looking for honest, thoughtful support with their financial planning journey.”
– Joshua Power Google Review
6. ARC Wealth
Address: Contact for more information
Contact Details: [email protected]
Operating Hours: Contact for more information
ARC Wealth is a financial advisory firm that aims to provide a personalized experience tailored specifically for modern young professionals.
They distinguish themselves by offering no initial fee planning, focusing on goals-based investing, and fostering a collaborative relationship between clients and dedicated financial advisors.
ARC Wealth stands out by not charging an upfront fee for planning services. We like how this model allows clients to engage with financial advisors without the barrier of initial costs, making it accessible for younger professionals who may be just starting their financial journeys.
We like that ARC Wealth emphasizes the importance of aligning investment strategies with individual goals.
This approach ensures that clients are not just investing for the sake of it but are instead focused on achieving specific life objectives, which can lead to greater satisfaction and success.
Each client works closely with a dedicated financial advisor, fostering a personalized and collaborative environment. This relationship allows advisors to fully understand clients’ needs and priorities, leading to more effective financial planning.
Advisors at ARC Wealth are noted for taking the time to explain various financial options and strategies to their clients. This educational approach empowers clients to make informed decisions and fosters trust in the advisory relationship.
Pros
- Cost-Effective Services
- Personalized Investment Strategies
- Dedicated Financial Advisors
- In-Depth Explanations
Cons
- Operating hours unavailable
Customer Reviews
“We’ve worked with Anthony for a few years now and can’t recommend him highly enough! He’s helped set us up so that both we and our daughter are protected in the future no matter what. He’s quick to respond, always willing to jump on a call, goes over multiple options and explains everything in-depth. 10/10 recommend!”
“Anthony is fantastic to work with. He is very prompt with his responses and always delivers on what he promises his clients. My wife and I have had a great experience working with Anthony and would highly recommend his services.”
