Description

Investing on Autopilot
In just five minutes we'll use Nobel Prize-winning investing principles to build you a personalized, low-cost portfolio that's optimized to meet your financial goals.

$0 Account Minimums
Begin with as little or as much as you want. The earlier you start, the more your money grows.

Your Money, Automated
Enjoy automated deposits, plus free dividend reinvesting, portfolio rebalancing and tax-loss harvesting. Without having to do a thing.

Socially Responsible Investing
Do well, both ethically and financially. Our SRI portfolio invests only in companies that prioritize low carbon emissions, cleantech innovation, and diversity.

Humans + Technology
Winner of 2017 and 2016 Webby Award for the world's best financial website because our platform is simple, intelligent and user-friendly. You never need to talk to a human, if you don't want to. But if you do, our real live money coaches are readily available by phone or email.

Low Fees, Full Transparency
Low-fee ETFs and smart technology to keep costs low, and we tell you our fees up front: 0.5% for accounts under $100,000; 0.4% for accounts over $100,000. We never charge trading, account transfer, or rebalancing fees. And we'll never hide the fees you pay.

Safety & Security
Over 75,000 clients trust us with more than $2 billion in assets. We are CIPF and SIPC ensured and we keep your money protected by state-of-the-art encryption. Wealthsimple is backed by The Power Financial Group, one of the world's leading financial companies.

Invest in Future You
Go ahead, become an investing genius! It'll take about five minutes.

Featured in the Press
• “Wealthsimple is an example of fintech innovation at its finest.” - Canadian Prime Minister Justin Trudeau
• “Investors looking to open an investment account can now do so with just the swipe of a finger.” - The Globe and Mail
• “Wealthsimple aims to turn financial services on its head with a new low-cost approach to investing." - Financial Post
• “The investment service for young professionals aims to make investing simple and straightforward.” - CNBC
• “Arguably Wealthsimple's greatest strength is its variety of features” - Business Insider

What's New

Version 4.20.0

They're small, or big, and sometimes they fly. They can be kind of gross too. But you'll definitely see less of them (bugs) in this version of our app.

Ratings and Reviews

4.5 out of 5
383 Ratings
383 Ratings

I don’t understand the negative reviews.

LyndseyT11

In my time using Wealthsimple, I have had nothing but great customer service. Any fees I’ve gotten have been reimbursed and explained as to why they were taken out in the first place. They have great communication and the app, to me, is easy to use and understand. I don’t know anything about investing, but I can see they where they are putting my money and I’m sure if I have any questions all I can do is ask. I’ve had an extremely positive experience.

Be careful of account verification

Eddy Teddy unRoosevelt

Prior to getting a financial account for this app, you probably have to verify your account.
They’ll deposit minuscule amounts for you to verify, but in order to have reached this stage, you’ll have had to order a deposit in the first place.
There will be no notifications for a couple days since you ordered it and you’ve probably asked for another deposit by then.
What’s going to happen is that both deposits will be requested and if you’re not ready or expecting it, you’ve just ordered twice what you requested to be deposited in your account.
Good luck with an nsf or an inconvenience because customer service is way to slow to counteract this.

Equifax and Security

Csred7

FYI this company uses Equifax as a reporting agency. If any details you initially provide do not match, they request physical copies of your Social Security card and driver's license (and in some cases a copy of your VISA or Residency Documentation) which are then seemingly sent to Equifax for verification, a company that was just hacked and breached resulting in the loss of this very same information for 143 million Americans as well as Canadian citizens. Touting bank-level security and encryption will not help when they are sharing your information with reporting agencies that do not keep said information secure. My advice: think twice before sharing your sensitive information. Wealthsimple may need to rethink their security standards and partnerships.

Information

Seller
Wealthsimple Financial Inc.
Size
117.2 MB
Category
Finance
Compatibility
Requires iOS 10.0 or later. Compatible with iPhone, iPad, and iPod touch.
Languages
English, French
Age Rating
Rated 4+
Copyright
© 2015 Wealthsimple Financial Inc
Price
Free

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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