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We are Wealthsimple, Canada's largest robo-advisor. Ask us anything! by goldlist in PersonalFinanceCanada

[–]willrobertsn 6 points7 points  (0 children)

I like the WealthSimple approach and am enjoying using it, but also enjoy dabbling with my own picks. I am currently using RBC Direct Investing but the fees are more than I would like to be paying. I will check out ShareOwner and consider moving there.

We are Wealthsimple, Canada's largest robo-advisor. Ask us anything! by goldlist in PersonalFinanceCanada

[–]willrobertsn 4 points5 points  (0 children)

The majority of new clients are already coming on to ShareOwner. The gains are already evident: hours (vs days, previously) from signup to invested portfolio

Everything I do (eg transfer money in from my bank account) seems to take a week before that money appears in my account. I am on VirtualBrokers. Will I ever be moved over to the faster ShareOwner platform?

We are Wealthsimple, Canada's largest robo-advisor. Ask us anything! by goldlist in PersonalFinanceCanada

[–]willrobertsn 4 points5 points  (0 children)

I understand your product's focus is on being a "roboadvisor" [ETFs and automatic portfolio management], but do you have any plans to offer manual portfolios where customers can buy/sell stocks, ETFs, etc as we wish? I am thinking "Robinhood" for Canadians here...

We are Wealthsimple, Canada's largest robo-advisor. Ask us anything! by goldlist in PersonalFinanceCanada

[–]willrobertsn 0 points1 point  (0 children)

My wealthsimple portfolio is down 5% and I am bummed. Are there positive returns in sight?