Top 5 Fractional CFO Services in Toronto

Finding the right fractional CFO service in Toronto can transform how you run your business. Whether you’re managing cash flow, preparing for growth, or need strategic financial guidance, a virtual CFO gives you executive-level expertise—without the full-time cost.

Here are the Top 5 Fractional CFO service providers in Toronto for small and medium-sized businesses:

1. Ali Asghar, CPA – Fractional CFO & Business Advisory

Downtown Toronto
Website: aliacpa.ca

Ali Asghar, CPA provides hands-on fractional CFO services tailored to entrepreneurs, startups, and growing businesses. With a focus on cash flow forecasting, budgeting, and financial strategy, Ali helps business owners gain clarity over their numbers while planning for growth.

What sets this firm apart is the storytelling approach to finance—making complex financials easy to understand and act on. Businesses benefit from both day-to-day financial leadership and long-term strategic planning without the overhead of a full-time CFO.

Best for: Small business owners who want a trusted financial partner in their corner.

2. Part Time CFO Services

Known for serving a wide range of Canadian businesses, Part Time CFO Services offers outsourced CFO support focused on financial reporting, strategic advice, and improving profitability. They specialize in industries like manufacturing, construction, and professional services.

Best for: Mid-sized companies needing structured CFO support.

3. Amplify Advisors

Amplify Advisors provides fractional CFOs, controllers, and accounting leaders with deep experience in scaling businesses. Their CFOs act as both financial leaders and growth advisors, making them a strong choice for companies with ambitious expansion goals.

Best for: High-growth companies looking for strategic finance leadership.

4. Virtual CFO Solutions Canada

This Toronto-based firm focuses on cloud-based financial management, giving business owners real-time insights into their numbers. From forecasting to KPI dashboards, they help clients make smarter, data-driven decisions.

Best for: Businesses that want modern, cloud-driven finance support.

5. The CFO Centre Canada

As part of a global network, The CFO Centre offers fractional CFOs across multiple industries. Their team-based approach gives businesses access to a wide range of expertise and international best practices.

Best for: Larger SMEs needing a broad network of financial specialists.

Final Thoughts

Toronto has no shortage of outsourced CFO services, but the best choice depends on your business stage, industry, and goals. If you’re looking for a personalized, strategy-driven CFO partner, Ali Asghar, CPA stands out as one of the top options in 2025.

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