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Financial advisors in North Bay

22 advisory teams and firms in North Bay, Ontario.

North Bay in figures

52,662residents in 2021 (+2.2% since 2016)
$72,000median total household income, 2020
59.2%of households own their home
$300,000median dwelling value
21.7%aged 65 and over
23.7%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 North Bay

Doctor or health professional in North Bay: incorporate and plan retirement?

18.3% of jobs in North Bay 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 North Bay: RRSP or TFSA?

Only 25.7% of tax filers in the North Bay 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 North Bay?

21.7% of North Bay 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? →

Property taxes in North Bay

1.752%residential property taxes (municipal and education) as a share of assessed value, 2025
$8,760per year on a home assessed at $500,000 (MPAC value)

Source: Ontario Financial Information Return (FIR), schedule 26: residential taxes (lower-tier, upper-tier and education) divided by taxable assessment. Ontario assessments are still based on January 1, 2016 values. All municipalities compared.

Savings and high incomes in the North Bay area

16.3%of tax filers contributed to an RRSP
$2,750median RRSP contribution

Among people with income in the North Bay area, in 2023:

25.7%report dividend or interest income (median $720)
7.5%report capital gains (median $1,650)
21.8%receive a private pension (employer plan, RRIF, annuity)
12%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 North Bay?

Advisor Index lists 22 advisory teams and firms in North Bay, Ontario: 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 North Bay?

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 Ontario

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

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