Financial Advisory Services in Canada - Sic Code 6282 (7,621 Companies)
Businesses that provide guidance to individuals and organizations on investment strategies and financial planning. These services include portfolio management, retirement planning, and risk assessment to help clients achieve their financial goals.
Among the companies & organizations operating in this sic code are Investment Advisors, Financial Planners, Wealth Management Firms, Financial Consultants and Retirement Planning Services.
Top 25 Largest Companies companies in Investment Advice Industry
This industry primarily operates on a B2C model, with some B2B elements when advising corporate clients, typically charging fees based on assets under management or flat fees for specific services. The competitive landscape is evolving with the advent of robo-advisors and digital platforms challenging traditional advisory firms, while regulatory considerations include compliance with securities laws and fiduciary duties to clients.
Industry Statistics
The total number of companies in Investment Advice is 7,621
Company Size Distribution in Investment Advice Industry
The distribution of companies by employee count shows that the majority (7,571) have between 1 and 100 employees.
Revenue Distribution in Investment Advice Industry
The distribution of companies by annual revenue shows that 5,536 companies have revenue between $1 million and $5 million.
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Top cities in Canada in Investment Advice
| # | Country | Number of companies | Percentage |
|---|---|---|---|
| 1 | Toronto | 1,092 | |
| 2 | Montréal | 537 | |
| 3 | Vancouver | 322 | |
| 4 | Calgary | 309 | |
| 5 | Mississauga | 297 | |
| 6 | Ottawa | 256 | |
| 7 | North York | 229 | |
| 8 | Markham | 157 | |
| 9 | Brampton | 138 | |
| 10 | Winnipeg | 137 | |
| 11 | Edmonton | 128 | |
| 12 | Richmond Hill | 126 | |
| 13 | Oakville | 115 | |
| 14 | Westmount | 100 | |
| 15 | Richmond | 92 | |
| 16 | Surrey | 91 | |
| 17 | Québec | 86 | |
| 18 | Laval | 85 | |
| 19 | Saint Laurent | 81 | |
| 20 | Scarborough | 79 | |
| 21 | Burlington | 71 | |
| 22 | Halifax | 69 | |
| 23 | London | 69 | |
| 24 | Etobicoke | 56 | |
| 25 | Victoria | 56 |
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