Wealthsimple

Wealthsimple and Betterment – Socially Responsible Robo-Advisors with a Human Connection By staff columnist, Alexandra Deluise Wealthsimple vs. Betterment—Overview Wealthsimple and Betterment are two robo-advisors that get a lot of focal time on Robo-Advisors Pros, and for good reason: they’re among the best robo-advisors when it comes to available features. Betterment, for one, is on our top five list of robo-advisors with the most assets under management and both Wealthsimple and Betterment are recommended robo-advisors for millennials. Read on to find out how the Wealthsimple vs. …

Wealthsimple Expert Review 2019 Based in Toronto, and with operations in the US and the UK, Wealthsimple is a Canadian based robo-advisor. The platform was launched at the beginning of 2017, and now has more than $4 billion in assets under management and 120,000+ clients internationally. Every time I update this review, I’m impressed with the new features. If you’re looking for a robo-advisor that offers a lot, read on. The firm is backed by $165 million in capital provided by the Power Financial Group, …

Robo-Advisor Performance As a multi-decade investor I know the pull of high investment returns. It’s wonderful to imagine that a fund’s 20% one-year returns will continue into the future. Many investors make that assumption and jump in to the funds with top returns. Robo-advisor performance records allow you to find out who those winners are! But, just because you can – choose a robo-advisor with the highest returns – doesn’t mean that you should. There’s no guarantee that the winning robo-advisor, investment manager or exchange …

January Robo-Advisor News – More Choices for 2019 By staff columnist, Alexandra Deluise While 2018 was an exciting time for robo-advisor news, the new year brings with it the chance to look forward at new opportunities. The fields of robo-advisors and investing are no exception to this! If your new year’s resolution is to grow your wealth or finally try taking advantage of all that robo-advisors have to offer, you’re in luck: 2019 promises to be even better in terms of robo-advisor options. Our robo-advisor news …

From Free Trades to Travel the World – Robo-Advisors Innovate Just when it seems like there can’t possibly be new and exciting things happening in the investing sector, robo-advisors are there to prove you wrong. This month brought a lot of change in the robo-advisor scene. Although some robos, like Hedgeable and WorthFM, ended up closing their doors this year, we still have a lot to look forward to. Free Trades – Yea! One of the most notable events is that Wealthsimple rolled out a …

There’s a Robo-Advisor With Human Touch for All Let’s face it, the idea of turning one’s finances over to a robo-advisor is nerve-wracking for some. In fact, you might be skeptical about hiring a totally automated investment manager and would prefer a robo-advisor with human advisor access. If you want a digital investment advisor with a human touch, you’re not alone. Hybrid robo-advisors are gaining in popularity. There’s no denying that robo-advisors are helping people make good investment choices as well as, if not better …

You Have to Choose One of These 6 Robo-Advisor Apps Today’s world is a bustling place: somewhere between all of our important obligations (work, family, friends, and food, to name a few!) we need to find time to manage, maintain, and build wealth. With robo-advisors steadily gaining dominance in the financial sector, the answer to why a robo-advisor is the best option for investors-on-the-go is clear: they are available 24/7 and based on sound investment research. The increasing availability of robo-advisors makes it easier than …

Why 20 to 30 Year Olds Should Invest With a Robo-Advisor NOW! By staff columnist, Alexandra Deluise As much flack as they’re getting for their breakfast choices (avocado toast, anyone?), millennials are much better with money than they get credit for. In fact, millennials might need to be even more aware of where their money goes than previous generations. And that’s why investment companies are flooding the market with robo-advisors for millennials. We winnowed the growing list of digital investment apps to these 7 best robo-advisors …

How to Start Investing with $300 – No (or Low) Minimum Balance Robo-Advisors For Any Investor By staff columnist, Alexandra Deluise The old adage of “you have to spend money to make money” doesn’t need to be true anymore. With the help of low-cost robo-advisors, it is now easier than ever before to invest with little money and get started investing with $300 or less! Robo-advisors are often praised for offering no or low minimum balances on investments. If that wasn’t enough, they also usually charge a …

Consumers rejoice! In a race to the bottom, investment management fees are shrinking. And if low fees aren’t enough, there are a handful of robo-advisors that offer free robo-advisor investment management. These free robo-advisors typically invest your money in stock, bond and other exchange traded funds in alignment with your risk comfort. The platforms will rebalance your account periodically to keep it in line with your initial preferences. In other words, if you want investments that aren’t too volatile, you’ll opt for a conservative portfolio …