Top Family Offices in Edmonton 2026

Key Facts

• Edmonton holds roughly 8% of Canada's multi-family offices, making it Alberta's secondary wealth hub behind Calgary.
• At least seven firms offer family office or family-office-style services in the Edmonton metro area. These range from a single family office to embedded advisory practices.
• Canada counts 91,823 individuals with a net worth above $5 million USD. Edmonton's share stems from energy, agriculture, and industrial services wealth.
• Family-owned businesses generate 48.9% of Canada's private-sector GDP. This fuels demand for succession planning and wealth transfer services in Alberta.
• Forbes Bros Capital is Edmonton's only confirmed single family office (SFO). It was created in 2016 to manage mid-market private equity holdings.
• Cross-border Canada-U.S. tax planning is a core offering at multiple Edmonton practices, including KRP Group and Bilyk Financial.
• The market is growing as accounting and advisory firms build dedicated family office divisions to serve Edmonton's aging business founders.

Edmonton Family Office Landscape Overview

Edmonton's family office market reflects the city's roots in energy, agriculture, and private enterprise. Oil and gas wealth, power line construction fortunes, and farm-family capital have created a pool of ultra-high-net-worth (UHNW) families. These families need coordinated wealth management, estate planning, and succession advice. Alberta's lack of a provincial sales tax and its competitive corporate tax rates add further appeal for families structuring holdings in the province.

The city's market differs sharply from the top of the national market: in Dakota's 2026 ranking of Canadian family offices by assets under management (AUM), the top 10 range from $3 billion to $54 billion. Edmonton has no offices of that scale. Instead, the market features family-office-style advisory practices housed within wealth firms, accounting groups, and independent boutiques.

KRP Group embeds its family office inside a full-service accounting firm. David Garside operates under Raymond James. The Miller Wealth Group runs through CIBC Wood Gundy. This structure means Edmonton families often choose between local advisors who know Alberta's tax and business landscape and national multi-family offices (MFOs) such as Richter Family Office (Montreal; approximately $8 billion in assets, according to the data provider Dakota) or Our Family Office Inc. ($4.1 billion under advisement, Toronto). Calgary-based BridgeWerk ($5 billion in AUM, per Dakota) also serves Alberta families seeking direct private equity exposure.

Family Office Comparison

Edmonton's providers range from independent SFOs to bank-affiliated advisory teams. The table below captures offices with confirmed Edmonton operations, plus select national MFOs that serve Alberta families.

Family Office	Type	Investment Focus	Services	Location
Forbes Bros Capital	SFO	Mid-market private equity	Direct PE, M&A, financing	Edmonton
KRP Group, Family Office	Embedded (accounting firm)	Asset allocation, family enterprise advisory	Succession, estate, tax, cross-border	Edmonton
David Garside, Raymond James	Family-office-style advisory	Complex portfolio management	Oversight, legacy, wealth transfer, insurance	Edmonton
Bilyk Financial	Family-office-style advisory	Tax-efficient structuring	Investment, tax, risk, cross-border planning	Edmonton
Afshar & Machaalani Group	Family-office-style advisory	Diversified portfolio management	Retirement, estate, charitable giving, succession	Edmonton
The Miller Wealth Group, CIBC Wood Gundy	Family-office-style advisory	Advisor-managed accounts, alternatives	Business owner advisory, retirement planning	Edmonton
Richter Family Office	MFO	Public equities, private credit, real estate, PE/VC	Family oversight, estate, tax, digital security, charity	Montreal
Our Family Office Inc.	Shared Family Office	70% alternatives, impact investing	Integrated planning, strategic charity, tax	Toronto

No Edmonton-based office publicly discloses AUM, so the column is omitted. Richter (approximately $8 billion in assets, per Dakota) and Our Family Office ($4.1 billion under advisement) are the only firms in the table with reported figures. Forbes Bros Capital is the sole confirmed SFO in the city. Most Edmonton providers operate as advisory practices rather than standalone offices, which keeps overhead lower for families who do not yet need a full dedicated team.

Top Picks by Strategy

• Only Confirmed Edmonton SFO: Forbes Bros Capital, built from power line construction wealth and led by former Deloitte partner David Sparrow, focuses on mid-market private equity deals.
• Best for Cross-Border Planning: Bilyk Financial offers dedicated Canada-U.S. tax planning alongside full family office services, rated the #1 financial advisor in Edmonton by Clever Canadian.
• Strongest Family Enterprise Advisor: KRP Group's family office team, led by Barth Bradley (FEA designation), brings over 35 years of experience with family businesses. He uses a "Thanksgiving dinner promise" approach to family oversight.
• Top National MFO for Alberta Families: Richter Family Office, which Dakota lists at approximately $8 billion in assets, is one of Canada's largest fully independent MFOs, with services spanning capital management to digital security.
• Leading Shared Family Office: Our Family Office Inc. serves 45 UHNW families with $4.1 billion under advisement. The firm allocates 70% to alternatives, including private equity and real estate co-investments.
• Best for Agriculture and Farm Families: Afshar & Machaalani Group explicitly serves farm families and agricultural business owners alongside healthcare professionals and executives.

Top Family Offices in Edmonton in Detail

Forbes Bros Capital

Edmonton's only confirmed single family office grew out of Forbes Bros Ltd., Canada's largest privately held power line construction group. David Sparrow, a former Deloitte partner who led Alberta's mid-market corporate finance practice, joined in 2016 to build a dedicated investment arm. The office targets mid-market private equity deals, handles M&A, and arranges financing. Families with industrial services or construction wealth will recognize the operating expertise Forbes Bros brings to deal evaluation.

KRP Group, Family Office

Tax, trust, estate, succession, and asset allocation all sit under one roof at KRP Group's embedded family office. Team lead Barth Bradley holds the Certified Family Enterprise Advisor (FEA) designation and has spent more than 35 years working with family businesses. His "Thanksgiving dinner promise" frames the office's goal: keep both the family and the business thriving. KRP also offers U.S. cross-border tax services and, unusually for a private wealth office, handles cryptocurrency audits and bitcoin agreed-upon procedures.

David Garside, Raymond James Ltd.

A strong focus on family decision-making and legacy planning sets David Garside's practice apart in Edmonton. Operating from Raymond James's Jasper Avenue office, Garside (CFP, CIM) coordinates wealth and capital management, wealth transfer, and charitable giving for select families and foundations. Raymond James's CIRO-regulated platform gives clients access to trust services through affiliate Solus Trust Company. Families wanting an advisor who pairs institutional backing with personal attention will find this model useful.

Bilyk Financial

Bilyk Financial acts as a family CFO for Edmonton's high-net-worth clients. The firm integrates investment oversight, tax-efficient structuring, risk management, and legacy planning into a single coordinated strategy. Cross-border Canada-U.S. planning is a stated specialty, relevant to Alberta families with U.S. real estate or business interests. The firm has earned recognition as the #1 financial advisor in Edmonton from Clever Canadian and the #2 financial planner from Best in Edmonton. Families with multi-entity structures and complex tax needs are the primary audience.

Afshar & Machaalani Group

Agricultural and farm families rarely find dedicated advisory services in Edmonton. Afshar & Machaalani Group serves this segment alongside business owners, healthcare professionals, and senior executives. The practice covers retirement, tax, allocation, insurance, estate, and charitable giving in one integrated plan. It also supports women navigating transitions such as divorce, widowhood, or inheritance.

The Miller Wealth Group, CIBC Wood Gundy

Bank-backed stability and access to alternative assets define the Miller Wealth Group's family office model. Housed within CIBC Private Wealth, the team uses advisor-managed accounts and provides access to alternatives that can be harder for individual investors to source. Business owners preparing for retirement or exit events are a stated focus. The CIBC platform provides banking, lending, and custody services alongside advice, reducing the number of outside providers a family needs to coordinate.

Douglas Bell (Independent Advisor)

Full independence from any bank or dealer platform makes Douglas Bell's advisory model distinctive in Edmonton. With a background at Price Waterhouse and more than 25 years advising local entrepreneurs, he focuses on oil and gas services, real estate, and growth capital advisory. His services include M&A support, financial planning, estate planning, and board-level oversight. Families who want a single trusted advisor without institutional ties will value this approach.

Investment Trends Shaping This Market

Energy Transition and Diversified Wealth

Alberta's energy sector remains Edmonton's largest wealth driver, but families are moving capital beyond oil and gas. Forbes Bros Capital's shift from power line construction into mid-market private equity illustrates this pattern. As founders age and plan exits, reinvesting proceeds into diversified portfolios, real estate, and direct investments has become standard practice among Edmonton's wealthy families.

Alternatives and Co-Investment Demand

Canadian family offices allocate heavily to alternatives. Our Family Office Inc. puts 70% of its portfolio into alternative assets, including private equity and real estate co-investments. Edmonton families seeking similar exposure typically look to national MFOs, since local advisory practices lack the deal-sourcing scale to offer proprietary co-investment opportunities. This gap is one reason Alberta families often pair local tax advisors with out-of-province platforms.

Embedded Family Office Growth

Edmonton's accounting and advisory firms are adding dedicated family office divisions rather than waiting for standalone offices to form. KRP Group built its team inside an accounting practice. The Miller Wealth Group operates through CIBC Wood Gundy. This embedded model lowers costs, provides immediate access to tax and legal expertise, and serves families whose wealth may not yet justify a full SFO (typically requiring $100 million or more in managed assets).

Cross-Border Tax Complexity

Canada-U.S. cross-border planning has grown more urgent as trade dynamics shift and tariff policy creates uncertainty. Both Bilyk Financial and KRP Group highlight cross-border services. Richter Family Office in Montreal is actively expanding into the U.S. market. Edmonton families with American real estate, business interests, or dual-citizen heirs need advisors fluent in both Canadian and U.S. tax codes.

Succession Planning for Aging Founders

Family-owned businesses account for 63.1% of Canada's private-sector firms. Many Edmonton founders who built energy and agricultural enterprises in the 1980s and 1990s now face exit decisions. Business sale structuring, wealth transfer to heirs, and family governance frameworks represent the fastest-growing service lines among Edmonton's providers. KRP Group's Barth Bradley has built his entire practice around this need, using his FEA designation to guide multi-generational transitions.

How to Evaluate a Family Office in Edmonton

Edmonton's market is small enough that families may exhaust local options quickly. The first decision is whether to work with an Edmonton-based advisor or a national MFO with broader deal flow. Families with straightforward needs like tax planning, estate structuring, or succession advice can find strong local options at KRP Group or Bilyk Financial. Those seeking direct capital deployment or co-investment access may need to look to Calgary's BridgeWerk, Toronto's Our Family Office, or Montreal's Richter.

Independence is a critical filter. David Garside operates under Raymond James. The Miller Wealth Group is part of CIBC Wood Gundy. Both offer institutional backing, but families should ask whether the advisor can recommend products outside the parent firm's platform. KRP Group and Bilyk Financial operate independently of major banks, which may reduce conflicts of interest in product selection.

Credentials matter for family enterprise work in Edmonton's founder-heavy market. The FEA (Certified Family Enterprise Advisor) designation, held by KRP's Barth Bradley, signals training in family oversight and succession. CPA-CA and CBV designations, held by Forbes Bros Capital's David Sparrow, indicate valuation and financial reporting expertise. Match advisor credentials to your most pressing needs, whether that is tax structuring, portfolio oversight, or decision-making frameworks.

Alberta's no-PST environment and competitive corporate rates create planning opportunities that generic national advice may miss. Ask prospective firms about holding company structures, income splitting, and Alberta-specific trust strategies. Families with agricultural land should confirm the advisor understands farm tax rules, including capital gains exemptions on qualified farm property. Afshar & Machaalani Group is one of the few Edmonton firms that explicitly serves this segment.

Which Family Office Fits Your Needs?

UHNW families with $50 million or more in liquid assets and complex multi-entity structures should consider national MFOs like Richter Family Office or Our Family Office Inc. Both offer integrated capital management, family oversight, and estate planning at scale. Our Family Office caps its client base at 45 families, which ensures dedicated attention. Pairing one of these with a local tax advisor like KRP Group can combine national deal flow with Alberta-specific expertise.

Business owners preparing for a sale or generational transfer will find KRP Group's succession-focused practice and Bilyk Financial's CFO-style service model most relevant. Both firms coordinate tax, estate, and business advisory in a single relationship. Forbes Bros Capital's experience converting an operating business into a formal SFO offers a practical model for families considering that path.

Next-generation wealth holders and farm families face different pressures. Younger heirs may need financial literacy programs and decision-making structures to manage shared assets. Agricultural families should seek advisors who understand farm property rules and seasonal cash flow, making Afshar & Machaalani Group a natural starting point. For families who want bank-backed stability and access to alternatives, the Miller Wealth Group's CIBC Wood Gundy platform provides institutional resources without requiring a standalone office.

Methodology

This article on edmonton family offices draws from publicly available data, firm websites, industry publications, and Canadian wealth management directories. Office profiles reflect information each firm disclosed as of early 2026. AUM figures appear only where publicly confirmed. Edmonton-specific market share data (8% of Canada's MFOs) comes from industry reporting cited by local practitioners. Canada-wide UHNW statistics reflect published estimates of 91,823 individuals with net worth above $5 million USD. Offices were selected based on confirmed Edmonton operations or demonstrated service to Alberta families, not paid placement.