At PWL Capital, we’re on a mission to change the way Canadians invest. We take the guesswork out of managing your portfolio.

No fads. No guesswork. No drama.

Who We Are

PWL Capital is a privately owned wealth management firm that manages more than $2 billion in client assets. PWL provides discretionary portfolio management services with integrated financial planning from offices in Montreal, Toronto, Ottawa and Waterloo.

What We Do

Premium Ongoing Service

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

Science-based Portfolio Management

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

Unbiased Financial Advice

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


Mutual Fund Fees

By: Susan Daley · November 22, 2017 - 0 comments

 Canadians are getting ripped off! Thanks to increased exposure, investors are waking up to the fact that we pay some of the highest mutual fund fees in the world (see page 20 in attached report)! The more you pay in fees on an ongoing basis, the less money you keep in your pocket and therefore the less you have available to fund your retirement or other financial goals. Watch my latest video to understand many of the fees that can be embedded within mutual funds.

Read complete post

Financial Housekeeping

By: Peter Guay · November 21, 2017 - 0 comments

Welcome back to “Do It Together” financial planning. It’s that time of the year. No, not tax time, I mean the holiday season. You’re probably thinking of family get-togethers, great food or even a winter getaway but there’s one more thing I want you to do: it’s a little financial housekeeping.

Read complete post

Should You Currency Hedge Your Portfolio?

By: Ben Felix · November 17, 2017 - 0 comments

If you’re worried that currency fluctuations might hurt your returns, then hedging can seem like a pretty good idea. It’s a shame that there is no evidence to back that idea up. Time and again it has been shown that currency hedging does not have a material impact on the long-term risk and return characteristics of an equity portfolio. So – should you hedge? 

Read complete post

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.