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Wealth Managers in Penticton, BC: 2026 rankings

23 wealth managers ranked by RFA ScoreUpdated 0 paid placements in this rankingHow we rank →

The short answer

  1. 1

    Highest RFA Score in Penticton: Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management, RFA Score 69/100; 5.0★ from 95 Google reviews.

  2. 2

    Most-reviewed: Insight Planning Wealth Management, 56 Google reviews at 5.0★, the most of 23 ranked after Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management; ranked #2.

Rankings can't be bought. Financial advisors can't pay to change their rank or score. How we rank

23 Penticton wealth managers are ranked here by RFA Score, from eight published factors. 1 open Saturdays, based on posted hours. The median Google rating is 5.0★ across 23 rated firms.

Top 10 wealth managers in Penticton at a glance

Ranked by RFA Score from public data such as Google reviews, not by investment performance; sponsored listings are paid, shown separately and never change rank.

Top 10 wealth managers in Penticton at a glance
RankBusinessRFA ScoreGoogle ratingBased inHoursNotable for
1Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management695.0★ (95)Kelowna, 45 km away—Top score
2Insight Planning Wealth Management675.0★ (56)Kelowna, 47 km away—Most reviews
3Van Alphen Advisory Team | CIBC Wood Gundy – Investment & Wealth Advisor674.9★ (11)PentictonSat—
4Blucke & Associates IG Private Wealth Management665.0★ (42)Kelowna, 45 km away——
5Engevik Saleski Group, CFP - IG Wealth Management665.0★ (38)Kelowna, 45 km away——
6IG Wealth Management665.0★ (7)Penticton——
7IG Private Wealth Management - Lyle & Associates655.0★ (5)Penticton——
8Cardiff, Lee & Associates - IG Wealth Management645.0★ (3)Penticton——
9BMO Private Wealth642.8★ (6)Penticton——
10Gibbings Aylward Group Private Wealth Management635.0★ (16)Kelowna, 45 km away——

All 23 wealth managers in Penticton, in rank order

Ordered by RFA Score, a 0–100 score from eight published factors. Paid placement never changes the order.

Ranked by RFA Score from public data such as Google reviews, not by investment performance; sponsored listings are paid, shown separately and never change rank.

Scores below: based on 6 of 8 factors; registration and recency not yet collected. Hatched segments mark factors we don't have yet.

  1. Ranked #1 in Penticton

    #1 Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management

    Based in Kelowna, 45 km away

    69/100RFA Score

    Ranked #1 because of its Google rating and specialty focus: 5.0★ from 95 Google reviews, listed on Google as “Financial planner”.

    • 5.0★ from 95 Google reviews
    Hours
    Mon–Tue 8:30 AM–4:30 PM · Wed closed · Thu–Fri 8:30 AM–4:30 PM · Sat–Sun closed
    Address
    Landmark 6, 1631 Dickson Ave Floor 6, Kelowna, BC V1Y 0B5
    View profile for Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management(250) 980-0045

  6. #6 IG Wealth Management

    Based in Penticton

    66/100RFA Score

    Ranked #6 because of its Google rating and specialty focus: 5.0★ from 7 Google reviews, listed on Google as “Financial advisor”.

    • 5.0★ from 7 Google reviews
    Hours
    Mon–Fri 8:30 AM–4:30 PM · Sat–Sun closed
    Address
    300 Riverside Dr #206, Penticton, BC V2A 9C9
    View profile for IG Wealth Management(250) 492-8806

  9. #9 BMO Private Wealth

    Based in Penticton

    64/100RFA Score

    Ranked #9 because of its Google rating and specialty focus: 2.8★ from 6 Google reviews, listed on Google as “Financial consultant”.

    • 2.8★ from 6 Google reviews
    Hours
    Mon–Fri 7 AM–3 PM · Sat–Sun closed
    Address
    195 Main St Suite 201, Penticton, BC V2A 5A9
    View profile for BMO Private Wealth(250) 490-2900

  11. #11 The Morcom Wealth Management Group at Wellington-Altus Private Wealth

    Based in Kelowna, 45 km away

    63/100RFA Score

    Ranked #11 because of its Google rating and specialty focus: 5.0★ from 12 Google reviews, listed on Google as “Financial planner”.

    • 5.0★ from 12 Google reviews
    Hours
    Mon–Fri 8 AM–3:30 PM · Sat–Sun closed
    Address
    Landmark 7 Building, 1700 Dickson Ave Ste 2300, Kelowna, BC V1Y 0L5
    View profile for The Morcom Wealth Management Group at Wellington-Altus Private Wealth(844) 734-3219

  16. #16 IG Wealth Management

    Based in Kelowna, 45 km away

    61/100RFA Score

    Ranked #16 because of its Google rating and specialty focus: 3.9★ from 14 Google reviews, listed on Google as “Financial advisor”.

    • 3.9★ from 14 Google reviews
    Hours
    Mon–Fri 8:30 AM–4:30 PM · Sat–Sun closed
    Address
    Landmark, 1631 Dickson Ave 6 Ste 600, Kelowna, BC V1Y 7W6
    View profile for IG Wealth Management(250) 762-3329

  20. #20 iA Private Wealth

    Based in Kelowna, 43 km away

    61/100RFA Score

    Ranked #20 because of its Google rating and specialty focus: 5.0★ from 5 Google reviews, listed on Google as “Financial planner”.

    • 5.0★ from 5 Google reviews
    Hours
    Mon–Fri 6:30 AM–4:30 PM · Sat–Sun closed
    Address
    3140 Lakeshore Rd #204, Kelowna, BC V1W 3T1
    View profile for iA Private Wealth(250) 860-7746

  21. #21 Toic Wealth Management

    Based in Kelowna, 46 km away

    60/100RFA Score

    Ranked #21 because of its Google rating and specialty focus: 5.0★ from 5 Google reviews, listed on Google as “Financial consultant”.

    • 5.0★ from 5 Google reviews
    Hours
    Mon–Fri 9 AM–4 PM · Sat–Sun closed
    Address
    1350 St Paul St #201, Kelowna, BC V1Y 2E1
    View profile for Toic Wealth Management(250) 869-9636

  23. #23 Insure Wealth Group, Inc.

    Based in Kelowna, 46 km away

    59/100RFA Score

    Ranked #23 because of its Google rating and specialty focus: 5.0★ from 3 Google reviews, listed on Google as “Financial advisor”.

    • 5.0★ from 3 Google reviews
    Hours
    Mon–Thu 8 AM–4 PM · Fri 8 AM–12 PM · Sat–Sun closed
    Address
    The Block Office Tower, 1499 St Paul St Suite: 810, Kelowna, BC V1Y 6P2
    View profile for Insure Wealth Group, Inc.(877) 380-2234

Also serving Penticton

20 more wealth managers within 64 km that we can't rank yet: too few reviews, or a specialty we couldn't confirm. Listed A to Z.

Unranked wealth managers serving Penticton
BusinessGoogle ratingDistance
Assante Financial Management Ltd.In Penticton
Chris Hawkins, BA CFP RCC - IG Wealth Management5.0★ (1)In Penticton
CIBC Wood Gundy Penticton Branch3.3★ (3)In Penticton
Edward Jones - Financial Advisor: Debbie Clark, QAFP®|CEA®|CEPA®|CDS®5.0★ (4)In Penticton
Edward Jones - Financial Advisor: Jesse E Johnson, CEA®1.0★ (1)In Penticton
Edward Jones - Financial Advisor: Justin White5.0★ (7)In Penticton
Edward Jones - Financial Advisor: Scotia R Garden5.0★ (1)In Penticton
Hugh Desjardins - Raymond James Ltd.In Penticton
IG Wealth Management - MICHELLE WEISHEIT, CFP, CEA, RIS5.0★ (1)In Penticton
Investment and Wealth Advisor - Natalie Ferebee, FMA - RBC Dominion Securities Penticton5.0★ (1)In Penticton
IPC Securities Corporation - Trevor NelsonIn Penticton
IPC Wealth - Michael MorrishIn Penticton
Kelly Lindsey - Raymond James Ltd.5.0★ (7)In Penticton
Keystone Portfolio Management Services Inc.4.0★ (1)In Penticton
MNP Debt - Licensed Insolvency Trustees Bankruptcy & Consumer Proposals4.9★ (49)In Penticton
Money ConceptsIn Penticton
National Financial1.0★ (2)In Penticton
Neil R. MacDonald- Sun Life Financial5.0★ (25)In Penticton
Penticton & South Okanagan of RBC Dominion Securities Inc.5.0★ (1)In Penticton
Ryan Mahaffy - Raymond James Ltd.5.0★ (1)In Penticton

How we ranked Penticton wealth managers

We scored 23 Penticton wealth managers on eight factors, weighted as shown. A firm is ranked when its specialty is confirmed and it has 3 or more Google reviews or a claimed profile. A firm with no Google reviews scores zero on rating, review volume and recency. Other unknown factors are left out, not counted as zero. Scores last refreshed November 9, 2026.

Paid placement never changes a rank or score. Sponsored businesses are paid, labelled, limited to 3 and shown above the ranking, outside it.

Read the full method: formula, sources and exclusions

RFA Score factors and weights
FactorWeightComputed fromIn Penticton data
Reputation30%Google star rating, adjusted for how many reviews back it (client experience, not investment results)Measured
Registration20%Active SEC, state or Canadian securities registration matched in public records (not yet measured)Not yet collected
Review volume10%Number of Google reviews, compared with the most-reviewed firm on the listMeasured
Recency5%Share of reviews from the last 12 monthsNot yet collected
Specialty focus15%How clearly the firm offers this specialty (its Google category and name)Measured
Proximity5%Based in the city scores highest, less the farther away it isMeasured
Claimed profile10%The firm has claimed its Ranked Financial Advisors profile (free or paid earn the same)Measured
Partnered5%The firm links to Ranked Financial Advisors from its own website with our badge, checked periodicallyMeasured

How to choose a wealth manager

  1. Confirm the wealth manager and the firm are registered: Investor.gov and FINRA BrokerCheck in the US, the CSA National Registration Search in Canada. Read any disclosure events.
  2. Ask whether they act as a fiduciary on your account at all times, and get the answer in writing.
  3. Ask how they are paid: a percentage of assets, flat or hourly fees, a retainer, commissions, or a mix. Each creates different conflicts of interest.
  4. Read the firm’s Form CRS and Form ADV Part 2A brochure (fees, services, conflicts, disciplinary history) before you sign.
  5. Check designations with the body that grants them, such as the CFP Board for CFP® professionals.
  6. Ask about account minimums and who holds your money: your assets should sit with an independent custodian in your name.
  7. Compare at least two or three firms, and be wary of anyone who promises returns or pushes you to decide quickly.

Questions to ask a wealth manager

  • Are you a fiduciary for all of the advice you give me, and will you put that in writing?
  • How are you paid, in total dollars per year for an account like mine? Do you earn commissions or other payments from product providers?
  • Which registrations and designations do you hold, and where can I verify them?
  • Who will hold my assets, and how will I see statements directly from that custodian?
  • What services are included in your fee, and what would cost extra with you as my wealth manager?
  • Do you have a minimum account size or minimum fee?
  • Have you or your firm had any complaints or disciplinary actions? Where would I see them?
  • How often will we meet, and who will I work with day to day?
  • What happens to my plan or accounts if you retire or leave the firm?

Terms explained

Fiduciary
Someone legally required to act in a client’s interest. In the US, registered investment advisers owe their clients a fiduciary duty of care and loyalty under the Investment Advisers Act of 1940.
Registered investment adviser (RIA)
A firm registered with the SEC or a state securities regulator to give investment advice for pay. Most firms managing $100 million or more register with the SEC; smaller firms usually register with their state.
Investment adviser representative (IAR)
A person who gives advice on behalf of a registered investment adviser, usually registered with the states where they work.
Broker-dealer
A firm that buys and sells securities for customers. US broker-dealers are members of FINRA; their registered representatives typically earn commissions.
Regulation Best Interest (Reg BI)
The SEC rule, in force since June 30, 2020, requiring broker-dealers to act in a retail customer’s best interest when recommending a security or account type.
Form ADV
The registration form every investment adviser files. Part 1 holds facts about the firm; Part 2A, the brochure, describes services, fees, conflicts of interest and disciplinary history in plain English.
Form CRS
A short relationship summary that advisers and broker-dealers give retail investors, covering services, fees, conflicts, standard of conduct and disciplinary history.
CRD number
The Central Registration Depository number FINRA and the SEC assign to each firm and registered person; use it to look them up on Investor.gov or BrokerCheck.
Assets under management (AUM) fee
A yearly fee set as a percentage of the money an advisor manages for you. Advisor surveys have put the median around 1% on accounts up to $1 million, lower on larger accounts.
Fee-only
An advisor paid only by clients, with no commissions or other payments from product providers.
Fee-based
An advisor who charges client fees and may also earn commissions on some products. It is not the same as fee-only.
CFP® professional
A person certified by the CFP Board after meeting education, exam, experience and ethics requirements. The CFP Board requires them to act as a fiduciary when giving financial advice.

Wealth managers in Penticton: frequently asked questions

Which wealth manager has the highest RFA Score in Penticton?

By RFA Score, the highest-ranked wealth manager in Penticton, BC is Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management with an RFA Score of 69/100. It has 5.0★ from 95 Google reviews. Insight Planning Wealth Management (#2) and Van Alphen Advisory Team | CIBC Wood Gundy – Investment & Wealth Advisor (#3) follow. We ranked 23 wealth managers on eight factors, last updated November 9, 2026.

How many wealth managers are there in Penticton?

RankedFinancialAdvisors ranks 23 wealth managers serving Penticton, BC. 5 of them are based in Penticton; the rest serve it from nearby towns. Another 20 within 64 km are listed but not ranked yet. Counts are as of November 2026.

Which wealth managers in Penticton work on weekends?

1 of 23 ranked wealth managers post Saturday hours. The highest-ranked open Saturdays is Van Alphen Advisory Team | CIBC Wood Gundy – Investment & Wealth Advisor (#3). Many advisors meet by appointment, including evenings or by video, outside their posted office hours.

What Google rating do Penticton wealth managers have?

The median Google rating among 23 rated wealth managers in Penticton is 5.0★, with a median of 8 reviews. Karen Erickson CFP, RRC & Kayla Caruana BBA, CFP, RRC- IG Private Wealth Management has the most, 95 reviews, and ranks #1. We adjust ratings for review count, so a few five-star reviews cannot top the list.

How does RankedFinancialAdvisors rank wealth managers?

Each wealth manager gets a 0–100 RFA Score from eight published factors, led by reputation (30%), specialty focus (15%), review volume (10%) and claimed profile (10%). A firm with no Google reviews scores zero on rating, review volume and recency; other factors we cannot measure are left out. Only firms with a confirmed specialty and 3 or more reviews, or a claimed profile, are ranked.

Do wealth managers outside Penticton count in this ranking?

Yes, if they are within 64 km of the Penticton city centre, our service radius for wealth managers. Each listing shows where the firm is based and how far away it is. Proximity is 5% of the RFA Score, so a nearby firm gets a small edge.

Can wealth managers pay to rank higher on RankedFinancialAdvisors?

No. The RFA Score never reads payment status, and this ranking has 0 paid placements. Up to 3 Featured firms may appear above the list, labelled Sponsored and showing their honest rank.

What does a wealth manager do?

Wealth managers combine investment management with planning, tax and estate coordination, usually for households with larger portfolios. Most charge a yearly percentage of the assets they manage and many set an account minimum.

How are wealth managers in Penticton ranked?

By RFA Score: public signals such as the Google rating and review count, how clearly the firm offers wealth management and how close it is. Paid placements never change the order, and the score does not measure investment performance.

How do I check a wealth manager’s registration?

Search the person and the firm on the Canadian Securities Administrators’ National Registration Search, and for investment and mutual fund dealer representatives on CIRO AdvisorReport.

Who regulates wealth managers in Penticton?

Advisors who sell or recommend securities register with the provincial securities regulator, and representatives of investment and mutual fund dealers are also overseen by CIRO. In Ontario, the titles “Financial Planner” and “Financial Advisor” are restricted to people holding a credential approved by FSRA.

How much do wealth managers charge?

Fees depend on the firm and the service: a percentage of assets managed each year, a flat or hourly planning fee, a retainer, or commissions. Ask for the fee schedule in writing and read the firm’s Form ADV Part 2A brochure or, in Canada, its relationship disclosure.

Update log for Penticton

  1. November 2026: RFA Scores recalculated for 23 wealth managers serving Penticton.

More wealth managers and Penticton pages

Wealth managers near Penticton