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Financial advisors in New Glasgow

2 advisory teams and firms in New Glasgow, Nova Scotia.

Craig MercerNew Glasgow
Team at IG Wealth Management
- Portfolio management and investment advice
3 advisors
See profile →
Michael MackeanNew Glasgow
Team at IG Wealth Management
- Portfolio management and investment advice
4 advisors
See profile →

New Glasgow in figures

9,471residents in 2021 (+4.4% since 2016)

$58,000median total household income, 2020

56.4%of households own their home

$174,000median dwelling value

26.3%aged 65 and over

28%of 25-64 year-olds hold a bachelor's degree or higher

Source: Statistics Canada, 2021 Census of Population (2020 incomes).

Wealth planning issues in New Glasgow

Doctor or health professional in New Glasgow: incorporate and plan retirement?

18% of jobs in New Glasgow are in this sector, against 13% across Canada (2021 census). A professional corporation, salary or dividends, and retirement without an employer plan: these choices are made early.

Where to invest your savings in New Glasgow: RRSP or TFSA?

Only 19.9% of tax filers in the New Glasgow area report dividend or interest income (Statistics Canada). Much of the savings sits idle: RRSP, TFSA and diversified investments change that.

RRSP or TFSA? →

When to take CPP and how to draw down a RRIF in New Glasgow?

26.3% of New Glasgow residents are 65 or older. When to take CPP and OAS, and in which order to draw from the RRIF, TFSA and non-registered accounts, is where retirement income is decided.

How long will your savings last? →

Savings and high incomes in the New Glasgow area

12.7%of tax filers contributed to an RRSP

$2,600median RRSP contribution

Among people with income in the New Glasgow area, in 2023:

19.9%report dividend or interest income (median $560)

5.1%report capital gains (median $1,570)

22.7%receive a private pension (employer plan, RRIF, annuity)

8%have a total income of $100,000 or more

Source: Statistics Canada, tables 11-10-0044-01 (RRSP contributors) and 11-10-0055-01 (high income tax filers, national thresholds, total income), 2023; T1 Family File, tables 11-10-0004-01, 11-10-0007-01, 11-10-0067-01 and 11-10-0070-01, 2023. Census metropolitan area or agglomeration.

Frequently asked questions

How many financial advisory firms are there in New Glasgow?

Advisor Index lists 2 advisory teams and firms in New Glasgow, Nova Scotia: independent firms whose website shows their registration, and teams published by the large networks in their advisor locators.

How do I check a financial advisor in New Glasgow?

Look the person up in CIRO's AdvisorReport and with your provincial securities regulator, ask which credential they hold (CFP, QAFP, or a title protected by your province), and ask how they are paid: fees, commissions on products, or both.

Other cities in Nova Scotia

Halifax · 64
Sydney · 9
Wolfville · 4
New Minas · 3
Truro · 3
Yarmouth · 3
Bedford · 2
Bridgewater · 2
Dartmouth · 2
Dayton · 2
Kentville · 2

Check any advisor in the CSA National Registration Search and CIRO's AdvisorReport before you commit. No firm pays to be listed.