The financial advisors in Laval are regulated by the Autorité des marchés financiers (AMF) and includes professionals such as Certified Financial Planners (CFP), Wealth Advisors, and Financial Security Advisors. The demand is growing for expert financial advice across various life stages. Whether you are a business owner looking to optimize tax strategy, an individual planning for major purchases, or someone seeking a solid retirement plan, finding the right financial advisor is a laborious responsibility that requires careful research.
This guide explores financial planning, tax strategies, estate planning, investment decisions, and financial strategies to help you select the best Laval financial advisor for your financial future.
A Financial Advisor in Laval assesses financial situations, recommends disciplined investment strategies, and helps clients build wealth through diversified investment portfolios. According to Gail Vaz-Oxlade, financial advisors support clients with.
According to Kim Parlee of TD Wealth, a strong financial plan combines investment knowledge with personalized financial strategies that address complex situations such as U.S.-sourced income or cross-border financial advisors for Canada- and U.S.-based clients.
Laval is a city in Quebec, Canada. It is in the southwest of the province, north of Montreal. It is the largest suburb of Montreal, the third-largest city in the province after Montreal and Quebec City, and the thirteenth largest city in Canada, with a population of 443,192 in 2021. Laval is geographically separated from the mainland to the north by the Rivière des Mille Îles, and from the Island of Montreal to the south by the Rivière des Prairies. Laval occupies all of Île Jésus as well as the Îles Laval. Laval constitutes one of the 17 administrative regions of Quebec, with a region code of 13, as well as a territory equivalent to a regional county municipality (TE) and census division (CD) with geographical code 65. It also constitutes the judicial district of Laval. It is the smallest administrative region in the province by area. The first European Settlers in Laval were Jesuits, who were granted a seigneury there in 1636. Agriculture first appeared in Laval in 1670. In 1675, François de Montmorency-Laval gained control of the seigneury. In 1702 a parish municipality was founded, and dedicated to Saint-François de Sales (not to be confused with the modern-day Saint-François-de-Sales in Saguenay–Lac-Saint-Jean). In 1845, after nearly 200 years being of a rural nature, additional municipalities began to be created. The only built-up area on the island, Sainte-Rose, was incorporated as a village in 1850, and it remained the main community for the remainder of the century. With the dawn of the 20th century came urbanization. Laval-des-Rapides became Laval’s first city in 1912, followed by L’Abord-à-Plouffe , which was granted village status three years later. Laval-sur-le-Lac was founded in the same year and had its tourist-based economy based on Montrealers. Laval began to grow throughout the following years because its proximity to Montreal made it an ideal suburb. To deal with problems caused by urbanization, amalgamations occurred; L’Abord-à-Plouffe amalgamated with Renaud, Quebec and Saint-Martin, creating the city of Chomedey in 1961. The amalgamation turned out to be so successful for the municipalities involved that the Quebec government decided to amalgamate the whole island into a single city of Laval in 1965, not without controversy. Laval was named after the first owner of Île Jésus, François de Montmorency-Laval, the first Roman Catholic Bishop of Quebec. At the time, Laval had a population of 170,000. Laval became a Regional County Municipality in 1980. Until then, it had been the County of Laval.
Chomedey
Vimont
Laval-des-Rapides
Pont-Viau
Fabreville
Sainte-Rose
Saint-Vincent-de-Paul
Sainte-Dorothée
Îles-Laval
Laval-sur-le-Lac
Duvernay
Auteuil
Saint-François
How much financial advisors charge in Laval is determined by the credentials of the advisor, services they provide, and their fee structure.
Some financial advisors charge by the hour, ranging from $150 to $400 per hour. This is usually a good option for those who need only a one-time consultation or specific guidance on a particular financial issue.
This includes comprehensive financial planning services at flat fees of some advisors. They can run upwards of $1,000 to $5,000, sometimes more, depending on your complexity.
Most advisory firms base fees on the customer’s assets held with them, ranging from a minimum of 0.5% to maximum of 1.5%, annually, for different dollar asset values and number of services given. For extremely large portfolios, the percentage, therefore, often goes down–which would especially appeal to highly net-worth individuals.
Some advisors generate income by earning commissions on financial products sold, such as mutual funds or insurance policies. This model is less transparent, but has potentially lower upfront costs.
Selecting a Financial Advisor in Laval requires evaluating qualifications, investment strategy, and client experience. The most critical factors include:
There are two main types of Financial Advisors in Laval.
According to a 5-Star Advisors report, over 75% of investors prefer fee-based advisors due to their transparent financial decisions. 5-Star Advisor Gene Kim suggests that investors look for a banking advisor or mutual fund representative who specializes in disciplined investment strategy and key opportunities.
Financial Consultants in Laval help retirement planning by structuring wealth management tools such as Insurance Policies, Efficient Tax Strategy, Succession Planning, Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs), and to maximize long-term financial stability. An IBC Financial Advisor helps clients:
All financial advisors must be licensed by the Autorité des marchés financiers (AMF) and comply with regulations from the Chambre de la sécurité financière (CSF), and, if dealing in securities, the Canadian Investment Regulatory Organization (CIRO). Requirements include:
Working with an unlicensed financial advisor exposes investors to fraud, mismanagement, and regulatory non-compliance. According to an AMF report, over $50 million in investor losses were attributed to unregulated financial advisors in 2023. BGY Services suggests consulting a financial advisor matching database to ensure legitimacy.
A Laval Financial Advisor provide to Canada based clients, offering services such as:
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