Top Financial Advisor Clinics in Toronto at a Glance
Merrick Financial Inc. | Advice Only Financial Planner
Updated April 2026 · 5 options reviewed
Finding a reliable Financial advisor in Toronto takes more effort than it should. Most of the options that appear first in search results are there because of marketing spend, not because they consistently deliver the best results. This guide focuses on something more useful: which Financial advisor options in Toronto have built a genuine reputation through patient care, not visibility. The options here were selected based on consistent patient feedback, confirmed active status, and the specific qualities that clients mention repeatedly. Not every option will suit every situation — availability, pricing and location all matter as much as the rating. Verify directly before committing.
What to Know Before Booking a Financial Advisor in Toronto
Before settling on a Financial advisor in Toronto, a few local realities are worth knowing. Pricing norms, wait times, and availability vary depending on which part of Toronto you are in. Most well-rated providers now offer online booking — but a quick phone call remains the most reliable way to confirm real availability. Some of the highest-rated options have waits of several weeks for routine appointments. Does the cheapest option represent the best value? Most reputable providers reserve a small number of priority slots that are never advertised publicly — mentioning urgency early often makes a real difference. What should you actually look for? Patient feedback volume matters more than star rating alone. A provider with 400 reviews at 4.6 is a far more reliable choice than one with 12 reviews at 5.0. Recency matters too — businesses change, and feedback from three years ago reflects a different operation.
Signs It Is Time to Book a Financial Advisor in Toronto
Not every situation calls for immediate professional help. But some do — and waiting often makes things harder or more expensive to fix. Here are the clearest signals that now is the right time to act:
- You have a specific need that genuinely requires professional help.
- Previous attempts to manage it yourself have not resolved the problem.
- The cost of getting it wrong is clearly higher than the cost of professional support.
- You need a documented, accountable record of the work done.
- A trusted person in your life has suggested it is time to get help.
If any of these apply, the options on this page are a practical starting point. Contact two or three directly, describe your situation honestly, and pay attention to how clearly and quickly they respond. That first impression usually reflects how they operate.
In This Guide
Financial Advisor in Toronto — In-Depth Profiles
Novel Wealth
If you only have time to research one financial advisor in Toronto, Novel Wealth is where most people end up. Based in 25A Morrow Ave Suite 202, the practice has built a reputation that holds up across over 200 patient visits — and the feedback is consistent.
The volume and consistency of feedback here sets Novel Wealth apart. Patients do not just leave a star rating — they return, refer friends, and write detailed reviews mentioning specific staff members by name. That kind of loyalty is a stronger signal than any headline metric.
Amazing, best and thorough come up repeatedly across patient feedback.
First-time visitors often mention how much the initial consultation sets expectations for everything that follows.
The practice sits at 25A Morrow Ave Suite 202, Toronto, ON M6R 2H9, Canada. To check availability, call (416) 203-9500 or head to their website — whichever is more convenient.
“Jeff Carter and team are amazing at what they do. From the first meeting till now, we’ve learned so much about how to manage our finances effectively. Jeff & team were able to build a solid plan for us, while always being patient and explaining everything thoroughly.
It’s a pleasure to work with th…”
Opening Hours & More Reviews
| Monday | 9:00 AM – 5:00 PM |
| Tuesday | 9:00 AM – 5:00 PM |
| Wednesday | 9:00 AM – 5:00 PM |
| Thursday | 9:00 AM – 5:00 PM |
| Friday | 9:00 AM – 5:00 PM |
| Saturday | Closed |
| Sunday | Closed |
“We’ve been working with Jeff and the team at Novel Wealth for about a year now and the experience has been exceptional. Our portfolio is growing and, just as importantly, we feel genuinely supported beyond investments alone. Jeff takes a holistic approach and is always connecting…”
— Jeanette Rees, 2 months ago
“We’ve had an excellent experience working with the Novel Wealth team over the years, in particular Jerome Townsend and Ryan Di Florio. They are knowledgeable, responsive, and genuinely invested in our long-term financial well-being. They take the time to explain things clearly, o…”
— Phia, 2 months ago
Flatiron Wealth Management Inc.
For patients who prioritise reliability over novelty, Flatiron Wealth Management Inc. at 49 Wellington St E #400 is a compelling option. The 5-star average across around 90 reviews reflects a practice that takes its work seriously.
Flatiron Wealth Management Inc. earns a place near the top of this list through a quality that is harder to fake than a high star average: patients consistently describe the same positive experience across very different types of visits.
What stands out in recent feedback is welcoming, amazing and helpful.
If you are nervous about any aspect of the appointment, saying so when you book usually gets a better result than hoping for the best.
To arrange a visit, calling (416) 363-8880 is the fastest route. You can also check their website or find them at 49 Wellington St E #400, Toronto, ON M5E 1C9, Canada.
“Over the years, Andrew and his team have been more than just financial advisors—they’ve been genuine partners through every major chapter of my life. From changing jobs, welcoming a baby, and even moving homes, they consistently showed care, clarity, and guidance that aligned with my values and long…”
Opening Hours & More Reviews
| Monday | 9:00 AM – 5:00 PM |
| Tuesday | 9:00 AM – 5:00 PM |
| Wednesday | 9:00 AM – 5:00 PM |
| Thursday | 9:00 AM – 5:00 PM |
| Friday | 9:00 AM – 5:00 PM |
| Saturday | Closed |
| Sunday | Closed |
“Andrew and his team are amazing to work with! From the very beginning they have been very helpful in assisting me with navigating my portfolio every step of the way. I am incredibly grateful for their insight, knowledge, and expertise. I would recommend anyone seeking financial p…”
— Melissa Laviolette, 4 months ago
“I still remember my first meeting with Andrew Sheppard. At the time, I was young enough that financial planning seemed like something which happened to other people, but that all changed on that day in 2012. A dozen years later, I can say that both the process and the results are…”
— Adam Barnett, a year ago
Buxton Financial For Retirement
Buxton Financial For Retirement at First Canadian Place earns its place here through steady performance rather than headline numbers. A handful of patients have rated it 4.9 stars — and recent feedback is just as positive as the older reviews.
The feedback profile at Buxton Financial For Retirement is notable for its recency. Recent reviews are as strong as older ones, which suggests the standard here has not slipped — something that cannot be said for every practice in Toronto.
Across multiple reviews, one pattern emerges: excellent, helpful and expert.
How a practice handles your initial call — responsiveness and clarity — tells you a great deal about the operational culture.
The practice is located at First Canadian Place, 100 King St W Suite 5600, Toronto, ON M5X 1C9, Canada and can be reached on (416) 628-4502 to confirm availability, or via their website to book ahead.
“Working with Marlene to plan our retirement has been an absolute wonderful experience.
As a couple, we had a lot of questions and concerns about securing our financial future and ensuring that we do not outlive our retirement savings. Marlene took the time to listen to both of us and understand our…”
Worth knowing: Relatively few reviews — harder to gauge long-term consistency.
Opening Hours & More Reviews
| Monday | 8:30 AM – 6:00 PM |
| Tuesday | 8:30 AM – 6:00 PM |
| Wednesday | 8:30 AM – 6:00 PM |
| Thursday | 8:30 AM – 6:00 PM |
| Friday | 8:30 AM – 5:00 PM |
| Saturday | Closed |
| Sunday | Closed |
“Marlene was extremely helpful. She is clear, her instructions are easy to follow and she takes care to understand her client’s priorities. Her financial plannibng was excellent,”
— Judy Fudge, 7 months ago
“The process for retirement planning can be complex, including the process of teasing out the expectations of partners. Marlene has a true person-centred approach, as well as tons of technical expertise. We completed the process feeling confident that all angles had been conside…”
— Shenda Tanchak, 8 months ago
Hudson Wealth & Trust Planning Group Inc – John Lysack
Hudson Wealth & Trust Planning Group Inc – John Lysack rounds out the upper half of this guide. Based at Box 47, the practice carries a 5-star rating from a handful of patients — dependable, professional care without the waitlists that come with the most high-profile options.
Hudson Wealth & Trust Planning Group Inc – John Lysack offers a level of care that does not require joining a long waitlist to access. Patients highlight a no-pressure, professional experience — a quality that matters more than it sounds when booking around a busy schedule.
Across multiple reviews, one pattern emerges: knowledgeable, kind and best.
How a practice handles your initial call — responsiveness and clarity — tells you a great deal about the operational culture.
The practice sits at Box 47, 325 Front St W 2nd Floor, Toronto, ON M5V 2Y1, Canada. To check availability, call (647) 403-4233 or head to their website — whichever is more convenient.
“My partner and I had 3 cascading life insurance policies with BMO and were looking to renew them, hoping to streamline our overall package of insurance and potentially save on premiums. Our current advisor quoted a significantly higher premium for the same package with BMO and two other advisors we …”
Worth knowing: Relatively few reviews — harder to gauge long-term consistency.
Opening Hours & More Reviews
| Monday | 8:00 AM – 6:00 PM |
| Tuesday | 8:00 AM – 6:00 PM |
| Wednesday | 8:00 AM – 6:00 PM |
| Thursday | 8:00 AM – 6:00 PM |
| Friday | 8:00 AM – 6:00 PM |
| Saturday | Closed |
| Sunday | Closed |
“John has been very supportive, knowledgeable and patient with my situation with holding money over the years for me, while investing it based on my risk factors and comfort. Thank you and look forward to more years to work together.”
— Kara-Lynn Palmer, a year ago
“John is an incredibly passionate and kind individual who you would trust with your finances because of his challenging personal story in finance. would highly recommend to partner with john for all your financial planning needs!”
— Evan Zolile Mehlomakulu, 2 years ago
Merrick Financial Inc. | Advice Only Financial Planner
Merrick Financial Inc. | Advice Only Financial Planner at 53 Coleridge Ave closes this guide with a 4.9-star rating from around 80 patients. A practical option if your first choices are unavailable, with a track record that justifies its place on this list.
Recent feedback trends positively, which matters more than the overall average when assessing current service quality. The specifics clients mention most often suggest a provider that takes the work seriously. Best suited to those who want a reliable option without the uncertainty of an untested practice.
Three qualities appear consistently in reviews: knowledgeable, expert and reliable.
Practices that follow up after an appointment tend to have higher long-term patient retention. A small signal worth noticing.
Located along 53 Coleridge Ave, the clinic takes appointments on (416) 822-1702 and online through their website.
“I’ve been working with Chris for nearly two years, and I couldn’t be happier with the decision to hire him as my financial planner.
He is exceptionally knowledgeable, detail-oriented, honest, and incredibly patient. What truly sets him apart is his ability to break down complex financial concepts in…”
Opening Hours & More Reviews
| Monday | 8:30 AM – 5:00 PM |
| Tuesday | 9:00 AM – 5:00 PM |
| Wednesday | 9:00 AM – 5:00 PM |
| Thursday | 9:00 AM – 5:00 PM |
| Friday | 9:00 AM – 4:00 PM |
| Saturday | Closed |
| Sunday | Closed |
“My wife and I highly recommend Chris Merrick. After interviewing four retirement planners across Canada, Chris stood out for his calm demeanor, insight, and ability to give us real confidence in our retirement plan. He made the process eye opening, was consistently patient and kn…”
— Brad Cooney, 2 months ago
“My husband and I were looking for sound, comprehensive, fee-based advice on financial planning for pre- and post-retirement. That is exactly when Chris Merrick provided. He took us through detailed exploratory sessions to identify our current situation and our hopes for life post…”
— Lynda Cranston, 8 months ago
What Does a Financial Advisor Cost in Toronto?
Pricing for Financial advisor services in Toronto depends on the type of treatment or appointment, the specific practice, and your personal circumstances. At the lower end you are typically looking at standard appointments and routine services. More involved work — specialist work and premium or complex requirements — sits at the higher end of the range.
Always ask for a clear written quote before committing. In Toronto, pricing between similarly-rated providers can vary by 20-30% or more.
Which Financial Advisor in Toronto Is Right for You?
The answer depends more on your situation than on rankings alone. Here is a straightforward breakdown based on what each clinic does best.
If you want the most patient feedback behind your choice, Novel Wealth has the largest volume of reviews in this area. More reviews means the rating is a more reliable reflection of consistent care rather than a lucky run of feedback.
If top-rated matters most, Novel Wealth sits at the highest rating on this list. Patients consistently highlight the same strengths across recent visits, which is a good sign the quality holds up.
If budget or waiting time is your main concern, Merrick Financial Inc. | Advice Only Financial Planner offers a strong standard of care that does not require paying a premium to access. Worth including in your shortlist of calls.
One rule applies regardless of which you choose: call ahead to confirm availability before committing to any clinic. Popular practices in Toronto book up faster than most people expect — a two-minute call will tell you more than any comparison table.
Quick Comparison: Top 5 Financial Advisor in Toronto
Use this table to scan ratings and patient feedback volumes before reading the full profiles below.
| Practice | Rating | Reviews | Status |
|---|---|---|---|
| Novel Wealth | ★★★★★ 5 | 251 | Active |
| Flatiron Wealth Management Inc. | ★★★★★ 5 | 87 | Active |
| Buxton Financial For Retirement | ★★★★1/2 4.9 | 45 | Active |
| Hudson Wealth & Trust Planning Group Inc – John Lysack | ★★★★★ 5 | 32 | Active |
| Merrick Financial Inc. | Advice Only Financial Planner | ★★★★1/2 4.9 | 79 | Active |
A Guide to Financial Advisor Providers in Toronto
What should you look for in a financial advisor in Toronto? The most important question is how the adviser is compensated — fee-based advisers are held to a higher standard than those earning through product commission. That distinction directly shapes the recommendations you receive and is worth establishing at the very first conversation.
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body provide advice.
Frequently Asked Questions: Financial Advisor in Toronto
What does a Financial advisor in Toronto actually help with?
A Financial advisor in Toronto helps you organise and act on your financial situation. This might cover tax planning, investment advice, business accounts, or retirement planning. Many Financial advisor firms in Toronto specialise — confirm upfront that their expertise matches your specific need.
How do I know if a Financial advisor in Toronto is qualified?
Financial Advisor professionals in Toronto are regulated and must hold current accreditation. Ask for their registration number and verify it through the relevant body’s public registry. Reluctance to confirm credentials is a reason to look elsewhere.
What should I prepare before meeting a Financial advisor in Toronto?
Bring a summary of your financial situation: income, expenses, existing accounts, debts, and upcoming financial decisions. Most Financial advisor in Toronto offer a first consultation at a reduced rate — use it to assess fit before committing.
How current are the Financial advisor listings on this page?
All listings sourced from live Google Maps data. Last updated: April 2026. If you find an outdated listing, please let us know and we will update within 48 hours.
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How to Choose the Right Financial Advisor for You
The right Financial advisor for your situation is not necessarily the one at the top of any list — including this one. It is the one whose availability, pricing, and approach match what you actually need right now. If your priority is the most thoroughly reviewed choice, start with the most thoroughly reviewed option on this page. If availability matters more, call two or three options and ask directly — most reputable providers in Toronto will give you a straight answer within minutes. Shortlist two or three, make the calls, and decide from there. That process will tell you more than any guide can.
