James Parkyn, François Doyon La Rochelle and their PWL Capital team members are driven by an investment philosophy that provides an unsurpassed level of service and honest, personalized advice. As long-standing advisors to many of Canada’s corporate elite, private business owners and affluent retirees, the Parkyn- Doyon La Rochelle team will work hard to prioritize your needs. With the belief in developing solid client relationships, James, François and their team will customize your advice for your particular financial situations.

Market Research
Keyboard White ETF in Writings

Even with equal fees, I prefer passive ETFs!

Shock and awe! In 2018, Vanguard Canada, a fervent advocate of passive management, launched traditional, actively managed mutual funds. Actively managed mutual fund companies also successively launched their own array of exchange traded funds (ETFs). As a result, the great majority of the Canadian market’s 33 suppliers now offer mainly active management. Are we looking at the end of passive ETFs?

Market Research
Bear-Market-Figurine-Bear-On-Top-Tablet

Are You Ready for the Next Bear Market?

Almost 10 years after the 2009 stock market low, many investors are wondering whether another bear market is around the corner. Unfortunately, no one can predict the exact timing of a bear market. This being said, if you’re an investor with long-term goals, it’s in your best interest to adopt a strategic framework to guide your investment choices.

Market Research

Should you invest in “smart beta” funds?

The current trend in the world of investment funds is “smart beta.” The approach meets investors’ growing demand for funds that generate returns above the benchmark indices, without the exorbitant fees generally associated with traditional management involving the analysis of individual securities. In short, smart beta suggests that it can add value even after deduction of costs.

CIM, FCSI, F.Pl, Portfolio Manager
James is a founding partner and Portfolio Manager at PWL Capital Inc. in Montreal with over 25 years of experience helping clients achieve their financial goals.
CFA, Portfolio Manager
Originally from the Ottawa region, he moved to Montreal to raise a family and to pursue his career in the financial services industry. François is committed in delivering to his clients a disciplined and tax efficient approach to portfolio construction and management based on strategies that are supported by academic research.
Cathia Adjami - PWL Capital
F.Pl., Investment Advisor and Financial Planner
Cathia started working for the Parkyn – Doyon La Rochelle team in 2011 where she was groomed to provide integrated and interdisciplinary wealth management solutions to help clients define and achieve their financial goals.
Marina Krupnik - PWL Capital
CIM®, Investment Advisor
Marina Krupnik has been an Investment Advisor & Client Operations Specialist at PWL Capital Inc since 2015 and has over 8 years experience working with high-net-worth families. She ensures that each client receives the highest level of customer service.
Pier-Luc Tremblay - PWL Capital
Financial & Tax Analyst
Pier-Luc joined the Parkyn-Doyon La Rochelle team in February 2018. In 2017, he obtained a Bachelor of Commerce degree, with a major in finance, from the Université du Québec à Montréal. Pier-Luc has a growing passion for the financial world that is driven by his desire to help clients reach their financial goals.
Daniella Masciotra - PWL Capital
Financial and Tax Analyst
As a Financial and Tax Analyst, Daniella has been with the PWL Advisors team since July 2015. She brings to the team her academic background in accounting and her years of experience working in the field. In her duties at PWL, she assists with financial, estate and retirement planning.

Who We Are

Your achievements are the result of having made the right decisions — in your business, your profession and your personal life. The Parkyn- Doyon La Rochelle team’s commitment is centered on guiding you to the right choices so you can remain successful in managing your wealth and achieving your financial goals.

Intelligent and sophisticated analysis

Fee-based, no-commission services

A focus on building long-term relationships

Committed to preserving what you've built

Recommended Resources

    • The Passive Vs. Active Fund Monitor (2018)

      In 2018, Canadian passive funds increased their market share from 10.0% to 10.5% on the back of a positive flow of $9 billion. Meanwhile, Canadian active funds attracted $6 billion. We estimate that Canadian passive funds post a weighted average Management Expense Ratio of 0.30%, compared to a substantial 1.66% for active funds.

      Contributors
    • Great Expectations 2019

      How to estimate future stock and bond returns when creating a financial plan

      Contributors
    • Are Vanguard’s Canadian-listed ETFs at Risk of a Major Capital Gains Distribution?

      This paper reviews the risk of a capital gains distribution specific to Vanguard ETFs, more specifically from the perspective of Canadian taxable investors. We conclude that Vanguard’s multiple-share-class structure is very unlikely to trigger large capital gains distributions.

      Contributors
    • The Passive vs. Active Fund Monitor (2018)

      This report describes the competitive landscape for passively and actively managed funds over the last twelve years in Canada and the United States.

      Contributors
    • Passive versus Active Report (2016)

      This report describes the competitive landscape for passively and actively managed funds over the last ten years in Canada and the United States.

      Contributors
    • Market Statistics – June 2019

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of June for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – May 2019

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of May for the various Canadian, U.S. and international markets that we follow.

      Contributors
    • Market Statistics – April 2019

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of April for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – March 2019

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of March for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – February 2019

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of February for the various Canadian, U.S. and international markets that we follow.

      Contributors
    • Market Statistics – June 2019
      Summary

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of June for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – May 2019
      Summary

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of May for the various Canadian, U.S. and international markets that we follow.

      Contributors
    • Market Statistics – April 2019
      Summary

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of April for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – March 2019
      Summary

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of March for the various Canadian, U.S. and international markets that we follow.

    • Market Statistics – February 2019
      Summary

      Looking for reliable data on recent market performance? Here you’ll find a PDF document of the monthly statistics for the month of February for the various Canadian, U.S. and international markets that we follow.

      Contributors
    • Playing the Winner’s Game (Swedroe, 2013)

      The instant access to unlimited information on the Internet has not improved experienced investors’ chances of having a positive investing experience. The need to rise above the noise with out busy lives has never been greater. That is where this book comes in.

    • Playing the Winner’s Game (Swedroe, 2013)
      Summary

      The instant access to unlimited information on the Internet has not improved experienced investors’ chances of having a positive investing experience. The need to rise above the noise with out busy lives has never been greater. That is where this book comes in.

Get in touch with us

Montreal

3400 de Maisonneuve Ouest
Suite 1501
Montreal

Contact the Parkyn-Doyon La Rochelle Team


  • PWL Capital works with clients who have, or will soon have, $500,000 or more to invest. If you are not sure how much you should invest, feel free to get in touch and we will answer all your questions.