Potvin Financial & Retirement Services: Ottawa Financial Advisors & Investments

Ottawa, Ontario | Free Consultation 613-224-6561

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How Financial Advisors Get Paid – Ottawa, Ontario

how-financial-advisors-get-paidFees:

Some financial advisors charge an all-inclusive flat fee, typically in the range of 1 to 1.5% based on the size of the portfolio. Others may operate on a fee-for-service, either by the hour or based on the specific services they provide. All funds recommended by Potvin Financial & Retirement Services, whether mutual funds or segregated funds, charge an on-going management fee (MER) by the mutual fund company. The advisor is compensated a portion of the applicable fee. The fees generally range between 2% – 3%, depending on the type of funds and benefits associated with the contracts.

Deferred Sales Charge (DSC):

It is important to understand that if you select a DSC option to invest, you do not pay a fee at the time of purchase. The fee is administered by the fund company and they compensate the dealer advisor a commission.

If you choose to redeem funds within a specific period of time – usually five to seven years, you will be charged a redemption fee by the company at that time.

Front-end Sales Charge:

It is important to understand that if you select the front end sales charge option to buy units or shares of funds, you will be charged a fee at the time of purchase, deducted from the total investment amount.

Unlike the DSC option, if you redeem shares or units after your initial purchase, no redemption fee will be charged by the fund company.

Low Load Sales Charge:

It is important to understand that if you select the low load sales charge option to invest, you do not pay a fee at the time of purchase. The fee is administered by the fund company and they compensate the dealer advisor a commission.

If you choose to redeem funds within a specific time frame – usually less than three years, then you will be charged a redemption fee by the company.

Insurance commissions:

Commissions are paid by the various insurance companies directly to the advisor when new insurance business is placed.

  • REVIEWS

    Potvin Financial & Retirement Services Ottawa
    Potvin Financial & Retirement Services Ottawa
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    Jane C.
    Jane C.
    18:45 12 Dec 18
    I have worked with Robyn for all my financial needs for over 10 years now! She is amazing, and her staff are just as great! Always welcoming and quick with their replies!read more
    Lianne Coady
    Lianne Coady
    02:22 10 Nov 18
    Thank you so much to Potvin Financial services for your contribution to our WC Warriors Atom B1 team!read more
    Krista Brown
    Krista Brown
    02:06 10 Nov 18
    Thank you Potvin Financial and Retirement Services for your generous sponsorship of the West Carleton Atom B1 team. Many thanks for helping make this season a successful one!read more
    Diane Kerbel
    Diane Kerbel
    13:39 05 Nov 18
    We met Rick and Kevin through my elderly Mother whose investments they looked after. They were very attentive to her needs, treating her with kindness and respect. Their advice showed a genuine concern for her wellbeing. We were impressed and decided to place our own investments with them as well, and have not been disappointed. We have confidence that they are taking good care of our finances as well as advising us on estate planning. They visit us in our home in Toronto at least twice a year and respond quickly to any questions or concerns. They do not push or oversell. They are very personable and are a pleasure to deal with.read more
    Jim Thomson
    Jim Thomson
    22:46 13 Jun 18
    My wife and I have been clients of Kevin for 15 years. When we started with him we had recently married (second marriage for both of us), were both public servants, and hoped to retire around the end of 2015. Kevin helped us establish a financial plan towards our retirement goal and over the course of the following 13 years provided expert guidance to modify the plan to accommodate both changes in our financial circumstances and fluctuations in the investment market. Over the years he has combined sage advice with creative ideas that both protected our investments and saw them grow beyond our expectations, enabling us to achieve our goal of retirement at the end of 2015. Since then he has continued to be invaluable in providing financial advice related to our new, very enjoyable status as retirees. We both find Kevin a joy to deal with and have a great deal of confidence in his financial knowledge and advice.read more
    Eryka Callaghan
    Eryka Callaghan
    00:32 26 Apr 18
    Excellent service from Robyn Hardiman! She is always easy to reach and ready to help. She has given us excellent financial advice and helped us keep on track with our insurances and financial future. We highly recommend Robyn!read more
    Josh Audette
    Josh Audette
    23:03 02 Apr 18
    Super friendly, honest and sincere. Highly recommend! Kevin provides a relaxing, welcoming environment and personal, tailored financial advice. He takes great care of us every time we visit and is always responsive when we reach out.read more
    Olivia Pelling
    Olivia Pelling
    17:21 21 Mar 18
    We've received really reliable financial advice from Kevin Potvin. He's friendly, respectful and great at showing/giving multiple options. We highly recommend Potvin Financial!read more
    Nancy Coll
    Nancy Coll
    16:52 01 Mar 18
    Kevin, his dad, and the whole team are amazing. I feel like they are part of my family! They have helped, and continue to help, as the myriad complexity of aging parents, my ever-changing situation and generally life and financial security as a whole sometimes is overwhelming. I can always rely on Kevin to be "real" with me and explain everything is a way I can truly understand it. I highly recommend Potvin.read more
    Liz Grange
    Liz Grange
    17:47 11 Feb 18
    After investing with chartered banks, investing with Potvin Financial & Retirement Services was a game changer. Not only do they exceed our financial expectations but they provide a welcoming, unrushed environment where you never feel like you are asking a "stupid question." Three generations of our family have experienced the Potvin client focused approach. Thank you to Kevin and his personable, approachable staff.read more
    Peter Gingrich
    Peter Gingrich
    13:57 09 Feb 18
    We began working with Kevin a couple of years ago and are very satisfied. He is organized, responsive and provides good unbiased advice. We highly recommend him to anyone needing financial guidance.read more
    debbie warren
    debbie warren
    13:35 08 Feb 18
    We have been with Kevin for over 8 years. We have a small portfolio but he treats us like millionnaires. The whole staff is incredible! They are like family to us. Thankyou!read more
    Ed Carroll
    Ed Carroll
    14:16 07 Feb 18
    Potvin Financial have a great, helpful staff. They are quick to answer questions and follow up with any request we have had. It is always nice meeting with Kevin.read more
    Jesse Whyte
    Jesse Whyte
    22:13 02 Oct 16
    Love the friendly service . I just recently started to us Potvin Financial . I highly recommend Kevinread more
    Barry Jones
    Barry Jones
    18:12 06 May 16
    My Mother has been with Potvin Financial & Retirement Services for over 30 years, and i made the wise choice to move all my investments over to them a few years ago. I'm not a big player in the financial world but i've always been treated like a very special person, it's always a pleasure to stop by and talk to Kevin about my investments, world politics and yes even plants...read more
    Dan Lanthier
    Dan Lanthier
    20:53 04 Apr 16
    If you are not a client of Potvin Financial & Retirement Services, you should be. A small family business that punches well above its weight but still provides you the client with personal, fast, friendly service. Whether dealing with Kevin, Rick or any of the staff you can count on them to respond in a timely manner with clear and understandable answers to even the most complex questions. As well, the solutions that they have provided have always taken into account my short-term needs and long-term goals. I am so confident in working with Kevin as he truly listens to my needs and provides a custom solution to meet my goals and objectives. I have recommended Kevin to many of my friends, family and colleagues, knowing that they will enjoy the same level of service, attention, professionalism and solutions that he brings to me and my family. read more
    Karen Lamberton
    Karen Lamberton
    22:04 26 Mar 15
    Kevin's services have been excellent! It's always a pleasure to meet with him and discuss my investments, as well as chat about our families. He is knowledgeable and professional, yet very caring and interested in my well-being. I enjoy going for my semi-annual check up - and it doesn't hurt that my investments are doing great as well! I strongly recommend Potvin Financial & Retirement Services if you're looking for an investment broker.read more
    Gary Christopher
    Gary Christopher
    04:53 07 Feb 15
    I had bad experiences in the past with financial planners and financial services. They always tried to sell you want they wanted, what they got the highest commissions on, and not listening to your needs.I gave up, and then my wife found Kevin Potvin @ Potvin Financial & Retirement Services.I was pretty weary at first. However, as my money grew, my trust grew as well. Even when we were faced with the big economic downfall in 2008-2009, Kevin protected my investment and transitioning my funds from US to Canada. Before the improvement in the US economy, Kevin met with me and told me it was time to transition back to the US. It gave me as much as 30 % return on some of my investments.Let me just make it simple:1. If you want someone honest and is knowledgeable, 2. If you want someone who has vision in the financial markets 3. If you want someone who treats your money as their own, 4. If you want someone who can break down the financial jargon in simple words, 5. If you want a team with professionalism, promptness and exceptional customer service,Please do yourself a favour and call Kevin, call Potvin Financial & Retirement Services. read more
    Craig Campbell
    Craig Campbell
    21:02 04 Feb 15
    My wife, after many years of being a very happy client of Potvin Financial & Retirement Services, convinced me to try their services too. In just a year, I have been pleasantly surprised at the successful investment selection recommendations, management and administration assistance of the funds. Also they are very organized, and well structured to make sure all aspects are covered in managing our portfolio. It is always a pleasure to meet with Kevin Potvin for our review and plan sessions, making things easy to understand and very helpful in guiding us through option choices; choices that so far have been very good ones when looking at the bottom line performance! As well all of the staff are always very pleasant and very helpful. I would most highly recommend them. Craig and Elna Campbell read more
    Ralph Legari
    Ralph Legari
    01:37 12 Jan 15
    I have been associated with the firm for over 20 years and can honestly state that they have always went out of their way to ensure that I received the best financial and professional help. They are compassionate, very much in tuned to the current market status on a daily basis. My life style is a result of their ongoing effort to ensure I receive the best return on my investments.I would recommend this firm to everyone that needs professional help.read more
    Ania Hutchinson
    Ania Hutchinson
    19:03 11 Dec 14
    My husband and I have had a number of high profile financial advisors through the years and our buck stops at Kevin Potvin. He is absolutely amazing. His financial advice has always yielded us great returns, even at the worst of times. He is also incredibly professional and easy to talk to. Aside from this, he is an amazing person and always goes way out of his way to contribute to our lives in other ways. For example, this year he donated a couple of great hockey tickets to my son's school for a fundraiser. I rarely leave these types of reviews but I felt that Kevin really deserved this one. If you are looking for financial advice from someone who truly cares about his clients, do not hesitate. You will absolutely not regret it. read more
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