Lookining for reccomendations for a financial adviser/planner

[Sophia Rubinstein]

Hi Everyone!

I'm new to the community and located in Edmonton, AB. I am taking my first steps toward FI and am interested in real estate investing. Does anyone know a good financial adviser/planner that I can use in the area? Preferably someone patient who doesn't mind answering a million questions.

Thanks in advance! 

Sophia

[Josh St Laurent]

Quote from @Sophia Rubinstein:

Hi Everyone!

I'm new to the community and located in Edmonton, AB. I am taking my first steps toward FI and am interested in real estate investing. Does anyone know a good financial adviser/planner that I can use in the area? Preferably someone patient who doesn't mind answering a million questions.

Thanks in advance! 

Sophia

Sophia, as you can tell from some of the replies, financial advisors often get a bad rap—and for a good reason, in many cases. Having spent 10 years at Fidelity Investments, I saw firsthand how traditional firms often fall short when it comes to helping real estate investors. Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.

That said, not all financial advisors are the same. There are advisors out there who specialize in working with real estate investors and understand the unique challenges and opportunities in this space. However, as others have mentioned, they can be hard to find.

It’s important to know that a financial advisor who works with real estate investors isn’t just there to pick stocks or sell products. They often partner with CPAs and other professionals to create strategies that maximize your overall net worth. This can include coordinating around tax strategies, estate planning, and cash flow management—all while considering your real estate portfolio as part of your larger financial picture. The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.

Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor Finder

It’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals. Best of luck, and I hope you find someone who can help you navigate your real estate goals.