PWL Capital is a privately owned wealth management firm that manages more than $1 billion in client assets. PWL provides discretionary portfolio management services with integrated financial planning from offices in Ottawa, Montreal, Toronto and Waterloo.

Portfolio Management and brokerage services are offered by PWL Capital Inc, which is regulated by Investment Industry Regulatory Organization of Canada (IIROC), and is a member of the Canadian Investor Protection Fund (CIPF). Financial planning and insurance products are offered by PWL Advisors Inc., and is regulated in Ontario by Financial Services Commission of Ontario (FSCO) and in Quebec by the Autorité des marchés financiers (AMF). PWL Advisors Inc. is not a member of CIPF.

 

What PWL Capital can do for you

Premium Ongoing Service

Our clients benefit from semi-annual performance reporting, regular meetings, financial planning, and systematic rebalancing.

Unbiased Financial Advice

We are paid directly by our clients, so our advice is never influenced by commissions or incentives from financial products.

Science-based Portfolio Management

We focus on what we can control: selecting an asset mix, managing risk, minimizing fees and taxes, and encouraging discipline.

Learn more about the PWL difference

Invest Like a Tech Gazillionaire

In Ottawa, that means handing your money to Cameron Passmore, who has attained rock-star status at companies like Shopify thanks to his low-risk, low-cost mantra.

Read an article on Cameron and his team in Globe & Mail - Report on Business Magazine: How to invest like a tech Gazillionaire.

Download the print PDF

The Incredible Shrinking Alpha

Beating the market is harder now than it has ever been. In this short information-packed book, Larry Swedroe explains why investors are better off investing in low-cost passive funds than trying to achieve abnormally high returns.

PWL published a custom edition of this book with a foreword co-written by Benjamin Felix and Dan Bortolotti.

Request a copy

What our clients are saying ?

I was searching for a way to increase portfolio diversification while keeping both the fees and any required active involvement to a minimum. Cameron and the PWL team both met and exceeded these goals.

Russ Jones

CFO, Shopify

I have found the level of service working with Nancy to be personal, respectful and comprehensive.
She meets with me personally twice a year to review the performance of my portfolio; we regularly review my tolerance for risk.  She responds directly to my requests for advice. I have found Cheryl, Nancy’s assistant, to be very efficient and helpful in all my dealings with her.
After several years of working with Nancy, I ended my dealings with a second advisor and now work exclusively with Nancy.

Craig Parks

Lawyer

We started using Nancy as our sole investment advisor almost 3 years ago.  In that time, we have never had a cause for regret.  We are very happy with PWL's investment strategy and we know we can largely "ignore" our investments, trusting that our portfolio is being well managed.  Nancy takes the time to understand her clients and tailors communication to their needs.  She is very flexible in meeting as frequently or infrequently as we prefer and we always find our meetings with her informative and worthwhile.

David Nikkel

Software Development Manager

Kathy Nikkel

Teacher

Excellent customer service and good results.

Michael Cohen

International Pension Consultant

Marguerite Cohen

Translator

Excellent approach to hands off investing...have not looked at financial news in over 2 years ... index investments are doing well and the PWL team takes care of the details.

Kevin Thibert

Client Executive, CISCO

Excellent service and considerate of my individual circumstances.  Down to earth language and communications, investment strategy and approach. PWL is excellent for investment services and financial planning.  That is why I am a client.

Richard Slowikowski

Federal Civil Servant

PWL Capital understands the importance of getting to know their client first, in particular, their unique investment requirements. It is only after their due diligence and attention to detail that an investment approach and asset allocation will be recommended to suit your needs or those of your family or business.

Geoffrey Carnell

President, Carnell’s Funeral Home

Many years ago, our family entrusted Cameron Passmore and the team at PWL with our future financial security. We love working with Cameron because of the passion, discipline and diligence he brings to our relationship. The investment decisions Cameron makes on our behalf, and the fees charged to manage our account, are transparent, well-structured and exceptionally easy to understand. Thank you, Cameron, for the peace of mind you bring to our investments.

Garth Steele

Partner, Welch LLP

Most Recent Blog Posts

Do I need downside protection?

By Ben Felix · July 14, 2017 - 2 comments

There’s no doubt about it: Losing money hurts. Even the fear of losing money is unpleasant. The financial industry is well aware of this, and sends out its sales force to peddle a comforting idea. It’s called “downside protection.” It’s supposed to allow you to continue enjoying the market’s expected returns while simultaneously dodging its correlated risks.O...

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A Cautionary Tale on Your Best Interests

By Nancy Graham · July 13, 2017 - 0 comments

As a savvy consumer, you probably already know: It’s not just how much you’re paying for an item, it’s also knowing what you’re getting. In fact, an unfolding CBC News exposé of the Canadian banking system has revealed how often you may think you’re being offered solid financial advice, when you’re actually receiving a hard sales pitch.Does it sound like I&rs...

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Why Is It So Hard To Beat the Market? part II

By Ben Felix · June 30, 2017 - 0 comments

In my last video, I talked about some of the challenges that active managers face in outperforming the market. It boils down to their relatively high fees, and intense competition from other managers.There is another, less obvious reason that active managers have so much trouble beating the market. We know empirically that a small number of stocks in an index tend to drive the performance of th...

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Are Your Investment Management Costs Earning Their Keep?

By Nancy Graham · June 29, 2017 - 0 comments

How much are YOU paying for financial advice? Are you getting your money’s worth, or is your advisor charging multiple percentage points to serve up little more than a basic investment portfolio?I’m not saying there isn’t wonderful financial advice out there, but you don’t want to be paying white tablecloth, filet mignon prices for the equivalent of a fast-food burger.So...

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Meet the Ottawa Teams

Contact us

1-800-230-5544

265 Carling Avenue, 8th Floor, Ottawa, Ontario K1S 2E1