5 Best Financial Advisors in Winnipeg for Proven Wealth-Growing Hacks
After unexpectedly inheriting a small sum from my great-uncle, I realized I had no idea how to let it grow over time, hopefully turning it into real wealth. So, my hunt for a good financial advisor began.
After meeting with quite a few, I slowly learned that the great ones explain things simply, and they actually listen to your concerns (instead of upselling you). In time, I was able to choose one that I was extremely happy with.
To save you the trouble, here’s my go-to list of the top financial advisors in Winnipeg.
How much do financial advisors charge in Winnipeg?
In Winnipeg, financial advisors charge 1% to 2% of the assets under management per year, or a flat fee, often around $500 to $2,000. Some offer hourly rates, which might run $150 to $300/hour.
1. Tetrault Wealth
Address: 1010-201 Portage Ave
Phone: +1 204-259-2859
Business hours:
- Mon – Fri: 8 AM–4 PM
Tetrault Wealth is led by Rob Tetrault, who received Radio-Canada’s Visionary Award, St Boniface’s Chamber of Commerce’s Distinction Awards, and IAAC’s Top 40 Under 40. Naturally, his company has been featured in Global Winnipeg and BNN.
They offer fee-only financial planning services for personal and business purposes—no hidden commissions or upsells. However, we believe it could hit your wallet a bit harder upfront compared to commission-based advisors.
The entire process begins with a discovery meeting, where they gather everything about your goals and concerns. Then, they build their initial financial plan by looping in their strategic partners to make sure your finances get proper attention.
Don’t worry about being rushed into decisions. Packages include one plan revision, plus up to four additional review meetings to make sure you’re okay with everything.
My only regret is not approaching them earlier
“Everyone on the team has been amazing. My only regret is not approaching them earlier to build my profile. Thank you for always being available to answer our many questions and having the patience when we need clarification!” — Sylvia Labelle, Google Review
We see positive returns with our portfolio
“After 5 weeks at Tetrault Wealth, we see positive returns with our portfolio. We switched because we lost money since 2020! What a nice feeling and such a pleasant and high service staff to deal with, almost makes this experience surreal! Thank you, Rob!”
— Vern Gudmundson, Google Review
2. Cascade Financial Group
Address: 1730 Corydon Ave
Phone: +1 204-837-1161
Business hours:
- Mon – Fri: 9 AM–4:30 PM
In 2009, Ralph came down with a serious illness; he realized that if something happened to him, his clients would need a new guide—so he hired his son. This is where the concept of “Cascade” stemmed from: making sure service is passed down seamlessly.
When it comes to individual financial planning, they’ll take the time to understand your one-of-a-kind goals to custom-design a financial strategy.
This coordinated approach is also applied to their business financial planning service. They’ll even collaborate with your accountants and lawyers to make sure their strategy is a perfect fit across the board.
A cool bonus that we’ve tinkered with is their free online resources. These apps will help you calculate your RRSP, life insurance needs, TFSA eligibility, and mortgage.
Freebies aside, those looking for fee-only financial planning or comprehensive packages might need to go elsewhere.
Trustworthy, educated, and intelligent advisor
“Tom is a trustworthy, educated, intelligent advisor who always has the client’s best interests in mind. Anyone who works with Tom is fortunate to have him as their advisor.” — N&N H, Google Review
Truly has my best interests at heart
“Ralph and his team are knowledgeable in current market trends, and truly have my best interests at heart! I will retire one day thanks to his help! He has helped me with business needs as well as our personal financial planning!! Thanks for all you do for us, Team Cascade!” — cliff Caners, Google Review
3. Endeavour Wealth Management
Address: 201 Portage Ave, Suite 940
Phone: +1 204-515-3450
Business hours:
- Mon – Fri: 8 AM–4:30 PM
Endeavour Wealth Management is led by Managing Partner Grant White. He’s not only a Financial Planner, but he’s also a Portfolio Manager who has been voted Top Advisor in Canada under 40!
He helps pretty much anyone, but his special niche is working with dentists who are nearing the finish line of their careers.
With that said, his forte is creating a personalized retirement plan—a strategic roadmap that aligns perfectly with your individual needs and long-term objectives.
We took a peek, and his team’s comprehensive financial plan actually covers all the bases. From setting goals, they move into investment strategies, retirement goals, and even include smart tax planning.
Just keep in mind that all that high-level, award-winning advice and customized holistic plan does come with a notable price tag.
We are in good hands with Endeavour
“Great review of our portfolios and always handled in a very professional manner……answered all of our questions and gave excellent advice…Grant and Jai continue to monitor our portfolios with sound advice, which has led to steady and continuous increases….. follow-up was done immediately with our accountant regarding taxation questions….we are in good hands with Endeavour Wealth Management.” — Gerry White, Google Review
Managed our finances with integrity
“We’ve been part of the Endeavour Wealth family for many years. They have looked after us exceedingly well, managed our finances with integrity and made us feel like part of the family. Highly recommend them.” — David Wynne, Google Review
4. Becker Orr Wealth Management
Address: 1010-201 Portage Ave
Phone: +1 204-259-2860
Business hours:
- Mon – Fri: 8:30 AM–4:30 PM
As expected, the “Orr” in Becker Orr Wealth Management is seriously qualified. Clinton has been in the industry since 2003, and his designations include being a Certified Financial Planner and Chartered Market Technician.
His firm calls their planning services Financial Architecture because they start with the foundation. They’ll help construct the building blocks of your wealth and even recommend a lawyer to draft your will and Power of Attorney.
Once the foundation is set, they move on to building a framework, where they assess your pension plans and savings. The final step is creating an “asset mix” to tailor your portfolio based on your goals and risk tolerance.
If you want to get started, they offer a free consultation. This is a pretty rare service, though, so you might have trouble getting a slot.
Other awesome perks are their free webinars online—we checked them out, and they’re quite informative.
Treats all of his clients with the utmost respect
“We have been investing with Clinton at Becker Orr Wealth Management for several years and have recommended him to many of our family and friends. The communication is outstanding, and he treats all of his clients with the utmost respect, no matter how much is being invested. All of our children have climbed on board, and we all look forward to many years of investing and working with Clinton!!! Thanks you for a wonderful evening out!!!” — admin IHSS, Google Review
Have never hesitated in recommending Clinton
“We have been clients for over 10 years and have never hesitated in recommending Clinton to family and friends. Very happy always with the service as it is above expectations. Thanks.” — Terry or Scott Nicholson, Google Review
5. Investment Planning Counsel
Address: 111 Pulford St
Phone: +1 204-338-5506
Business hours:
- Mon – Fri: 8 AM–4 PM
Investment Planning Counsel has been an independent wealth management and financial advisory firm since 1996.
One of their most popular financial planners is Trevor Doyle, who brings over 20 years of experience to the table. Not only is he a Certified Financial Planner, but he also earned a Chartered Life Underwriter designation, proving that he’s not a one-trick pony.
He applies IPC’s six-step Personal Wealth Management Strategy meticulously—a client-centric system designed to clarify your personal goals and develop a plan.
Basically, he begins by analyzing your cash flow so that you know where your money is going. He’ll even teach you smart tax reduction strategies, which we think is quite empowering.
A nice perk is that locals can work with IPC Advisors like him in person or via video calls.
However, be a bit wary of product recommendations; the advisors might be incentivized to endorse them.
Trevor and his team are first-rate
“Trevor and his team are first rate!! Their knowledge and professionalism when it comes to the financial industry and landscape always leave me in awe. As I always tell Trevor – numbers are not my forte – never have been – and charts and graphs give me a headache. So to have someone who can go through it and dissect it and make it make sense is invaluable to me. I sincerely appreciate all their hard work and regularly recommend them to my family and friends. Thank you!!!” — Peggy Wasylishen, Google Review
Provides clear and concise explanations
“I have been working with Trevor for approximately one year. So far this year, it has been a challenging rollercoaster for investments, and Trevor understands – he reached out as soon as the markets dropped. He provides clear and concise explanations as to what is going on. Any question or concern is never too small. I feel I’m in good hands.” — Allison C, Google Review