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

“Optimal” Asset Location, Applied

By Justin Bender · August 8, 2018 - 0 comments

If you’ve stuck with me through my last three asset location blogs, congratulations. Don’t ever let some sissy Iron Man Triathlon champion tell you they’ve got more endurance than you do. The good news is, we’re nearing the end. This post will hopefully be my last word on the matter, as we explore how to build your tax-efficient ETF portfolio across multiple account...

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Asset Location in a Post-Tax World: TFSAs vs. Taxable Accounts

By Justin Bender · July 20, 2018 - 0 comments

When TFSAs were launched in 2009, investors were thrilled with their new tax-free growth potential. However, the new account type also created another asset-location decision to wrap our heads around. We’ve already explored the impact of asset location between TFSAs vs. RRSPs, as well as between RRSPs vs. taxable accounts. That leaves one more permutation to consider: TFSAs vs. taxable ac...

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Asset Location in a Post-Tax World: RRSPs vs. Taxable Accounts

By Justin Bender · July 3, 2018 - 0 comments

In my last blog post, we determined that the overall post-tax asset allocations in your TFSA and RRSP have a far greater influence on your post-tax portfolio value than the asset location of these various asset classes within your portfolio. In other words, it’s the kinds of investments rather than where you hold them that seems to matter the most between these two venues. I also offered ...

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Asset Location in a Post-Tax World: TFSAs vs. RRSPs

By Justin Bender · June 11, 2018 - 0 comments

There’s never a lack of free advice in this world. If you’re determined to get in shape, for example, you can find any number of infomercials touting THE fitness equipment, diet plan or video series guaranteed to give you Zac Efron’s six-pack abs … or your money back. Except each of us is different, with different goals, and varying amounts of effort we’re wi...

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Meet the Toronto Team

Contact us

1-866-242-0203

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