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 Toronto, Ottawa, Waterloo and Montreal.

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

Want to learn more?

Investors have the right to demand value for the fees they pay. Download our brochure to learn more about the portfolio management and financial planning services offered by PWL Capital’s Toronto team.

What to learn more?

Rate of Return Calculator

How well did your portfolio do last year? Calculating your rate of return isn’t easy if you’re making contributions and withdrawals. Download this free, easy-to-use calculator to measure the performance of your investments after adjusting for cash flows.

Rate of Return Calculator

What our clients are saying ?

I sought out the services of Dan Bortolotti at PWL after being frustrated with several other advisors over the years. He has exceeded my expectations: Dan is the ultimate professional, very thorough in all aspects of his work and an excellent communicator who makes even complex issues easy to understand. He takes the time to understand my family’s financial needs and always acts in my best interest. I have finally found peace of mind with Dan and PWL Capital Toronto as my advisors.

Dr. Andrew Liaw

PWL Capital has handled my finances for about 10 years. My confidence level is high as I start into a time of life when significant transitions are made. I rest assured that PWL and its staff are on top of my financial affairs and work within a conservative, reliable and standards-driven organization. 

Jill Willington, CGA

We both felt very comfortable with the planning process and the obvious skills of Shannon and Justin. We feel confident about working together in the future with all members of the team.
 

Jan Nicholls and Paul Sobanski

Shannon and Justin are a rare find in the industry. Before switching I was being charged up to 2.5% in hidden fees. PWL took the time to set me up with a plan that openly states their fees and clearly articulated the nature of the investments. It’s refreshing to meet a team so up-to-date with the latest technology. I can't recommend this team's services enough.

Mark Dunkley

We have received outstanding guidance and support from Justin and Shannon. We especially value the math-based rationale and emphasis on asset location and tax implications. And then there is the highly responsive and accommodating style—including custom performance reports—reasonable fees, and willingness to go above and beyond.

Arman Mirchandani

We decided to sign on with Justin and Shannon at PWL Capital for several reasons: the passive investment model, good interpersonal skills, transparency with regards to fees, and adherence to the fiduciary standard. I would have no hesitation to recommend this team.

Dr. Rashid Rajah (MD) and Julie Rajah

PWL has provided me with the peace of mind that comes from knowing my investments aren't exposed to unnecessary risks. They've always made a point of promptly answering any questions I've had and processing all my instructions in an expeditious manner, which has led to a very positive working relationship.

Richard Z

Justin, Shannon and PWL Capital have demonstrated a confident professionalism and realistic understanding of my financial situation and expected requirements. They have given me the sense of security and trust that I am looking for: I feel that I am in good hands.

Randy Kenney

Justin and Shannon offer a level of personal service and expertise that I have not found from any other advisor. The ability to have nearly all of my financial needs met in one place is invaluable and, even more importantly, I appreciate knowing that I will always receive a prompt response to my questions.

Dan and Michelle Scholes

Most Recent Blog Posts

Corporate Taxation: The Magical Dividend Refund

By Justin Bender · August 8, 2017 - 0 comments

I’ll be the first to admit, there are times when the way our tax codes play out seems more like magic than accounting – especially when integrating your personal and corporate taxes. “Look, nothing up my sleeves,” says your tax professional. Can you believe it? That’s what this series is for: Putting some of the acts into slow-mo, so you can see the sleight of hand...

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Corporate Taxation: Interesting Angles on Canadian Interest Income

By Justin Bender · July 21, 2017 - 0 comments

Now that your business is going gangbusters, let’s take a look at your corporate investments. I’m talking about your active business income that has not been paid out in taxes or distributed to shareholders. Since that amount can be significant ($85,000 for every $100,000 of active business income in Ontario), it may not take long before you’ve accumulated significant chunks o...

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Corporate Taxation: Tax Integration of Active Business Income

By Justin Bender · June 19, 2017 - 4 comments

In my last blog post, I introduced the wild world of corporate taxes, illustrating how an Ontario business owner could end up paying only 15% in combined federal and provincial corporate taxes. If this amount seems low to you, fear not. The government has a way of making sure everyone pays their relative due by having corporate shareholders perform personal and corporate tax integration.Big pic...

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Corporate Taxation: Getting Proactive With Your Active Business Income

By Justin Bender · June 9, 2017 - 0 comments

Albert Einstein once reportedly said something like, “The hardest thing in the world to understand is the income tax.” (His theory of relativity must have been a close second.) Al was likely just kidding around, but he wasn’t far off.  It’s all relative. Your tax situation probably started out simple enough. (Remember the good old days when you only had a T4 slip to...

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Meet the Toronto Team

Contact us

1-866-242-0203

8 Wellington Street East, 3rd Floor, Toronto, ON M5E 1C5