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Financial advisors in Timmins

3 advisory teams and firms in Timmins, Ontario.

Timmins in figures

41,145residents in 2021 (-1.5% since 2016)
$82,000median total household income, 2020
67%of households own their home
$226,000median dwelling value
18.1%aged 65 and over
15.6%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 Timmins

Working in energy in Timmins: stock options and early retirement?

15.3% of jobs in Timmins are in this sector, against 1.3% across Canada (2021 census). Stock options and employer shares concentrate risk in one sector; diversifying and planning the exit matters.

Where to invest your savings in Timmins: RRSP or TFSA?

Only 24.2% of tax filers in the Timmins area report dividend or interest income (Statistics Canada). Much of the savings sits idle: RRSP, TFSA and diversified investments change that.

RRSP or TFSA? →

How much to save for retirement in Timmins?

CPP and OAS rarely cover your full lifestyle: personal savings fill the gap, to be calculated for your age and horizon.

Calculate your savings goal →

Savings and high incomes in the Timmins area

18.3%of tax filers contributed to an RRSP
$3,250median RRSP contribution

Among people with income in the Timmins area, in 2023:

24.2%report dividend or interest income (median $540)
5.6%report capital gains (median $1,400)
16.5%receive a private pension (employer plan, RRIF, annuity)
18%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 Timmins?

Advisor Index lists 3 advisory teams and firms in Timmins, 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 Timmins?

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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