Oaken Financial

Very competitive rates. They provide one week notice before rates change. Thus allowing to make decisions to lock in or not. Once setup, transferring money in and out is fast. New accounts and renewals are slower than competition. However they always give rates retroactively as of the date of the form. It would be nice if they offered a TSFA savings account to allow more flexibility
Apr 23rd, 2023

If you want to set up an account you go there in person...give them a check ...then all goes through perfectly...when dealing with banks it's all in person. Then you get confirmation and you set up your account. It's all good.
Mar 7th, 2023

I have called and emailed numerous time in the past 3 weeks but unable to get Oaken process my spousal RRSP. They do not reply to my email. Agents say they would email back office but nothing has happened. As a result, I cannot file my Income Tax return. Why is it we have to go to such a length to invest money in your company. Are you in business?
Feb 27th, 2023

It'll be one month tomorrow since Oaken cashed my RRSP deposit cheque and still no confirmation. I called a number of times - we're working on it! I can't believe this and I'm losing confidence in this company.
Feb 27th, 2023

Lately I am concerned about Oaken's health, online digital banking is always down due to maintenance. Also bought GICs 2 weeks ago, yet account is still not updated. Did transfers online, yet not reflected. Had to call customer service to confirm.
Feb 19th, 2023