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.


If it wasn't for bad luck, I wouldn't have no luck at all

By: Graham Westmacott · March 23, 2018 - 0 comments

As any cyclist knows, headwinds can make a ride challenging: every meter gained can be a battle and the effort has all your attention. Curiously, the tail wind on the return is appreciated initially, but is quickly forgotten and you assume a feeling of general well being, even that you are stronger and fitter than you thought. Arriving home, you might mention the dreadful headwinds that slowed your progress, but rarely the helpful tailwinds that brought you back with the pace of an Olympian. 

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Leaving a Job with a Defined Contribution Pension Plan

By: Susan Daley · March 21, 2018 - 0 comments

If you’re leaving a job with a Defined Contribution pension plan, you’ll have to make a decision about what to do with that pension. The default is to transfer the Defined Contribution plan into a personal LIRA and/or RRSP account with the current plan provider. However, there are a number of other options available to you that provide more flexibility around investments and the fees associated with those investments. Watch my latest episode to find out more.

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What is the Voluntary Disclosure Program?

By: Peter Guay · March 20, 2018 - 0 comments

You have probably heard about the Panama Papers, and the Paradise Papers late last year. Millions of documents revealed the offshore tax practices of vast corporations and very wealthy individuals including the Queen of England and more than 3,000 Canadian individuals, corporations and trusts. Why did I bring this up? Because you might have also heard of something called the Voluntary Disclosures Program.

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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.