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investor newsletter
Four ways for investors of all ages to build an ETF portfolio at zero cost
Exchange traded fund concept. A bull and bear besides the golden text ETF.
opinion
Are Wealthsimple accounts offering $300,000 in deposit insurance, rates up to 4 per cent worth it?
Rob Carrick
report on business
Wealthsimple partners to launch private credit fund for retail investors
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
report on business
Wealthsimple secures access for upcoming real-time-rail payment system
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
report on business
Class-action lawsuit filed against Wealthsimple and Shakepay over alleged hidden fees for crypto trades
Robo-adviser Wealthsimple, whose Toronto headquarters are seen earlier this year, brings Grayhawk in to support its business-to-business platform, which is designed specifically for financial advisers looking to offset some investment-management tasks.
investment ideas
As tech valuations fall, companies rethink stock options
In this photo illustration, the Shopify app is displayed on a smartphone on July 25 in Houston.
report on business
Experts weigh in on what tech companies can do to grow amid downturn
Members of the tech industry gather in Toronto in this June 22, 2022 handout photo. One of the best-performing sectors during the pandemic, the technology sector is now facing a challenging time. THE CANADIAN PRESS/HO - Collision, Sportsfile, Piaras O Midheach
your practice
Is the market downturn having an impact on recruiting for advisors?
Businesswoman and businessman HR manager interviewing woman. Candidate female sitting her back to camera, focus on her, close up rear view, interviewers on background. Human resources, hiring concept
report on business
Power Corp. CEO defends investments in financial technology companies amid sector downturn
Paul Desmarais Jr., Chairman and Co-Chief Executive Officer of the Power Corporation of Canada, attends their annual shareholder meeting in Toronto, Ont., Friday May 12, 2017.
report on business
Wealthsimple growth stalls in second quarter, shareholder IGM reveals after slashing valuation by nearly half
Robo-adviser Wealthsimple, whose Toronto headquarters are seen earlier this year, brings Grayhawk in to support its business-to-business platform, which is designed specifically for financial advisers looking to offset some investment-management tasks.
report on business
Wealthsimple valuation slashed nearly in half by largest shareholder, Power-controlled IGM
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
investor newsletter
The market’s new biggest fear. Plus, a milestone for GIC rates
NEW YORK, NEW YORK - DECEMBER 04: Traders work on the floor of the New York Stock Exchange (NYSE) on December 04, 2018 in New York City. The Dow Jones industrial average fell nearly 800 points as investors fears increased over a potential trade war between China and America. (Photo by Spencer Platt/Getty Images)
inside the market
Rob Carrick: A Wealthsimple client reads the headlines and asks, ‘Should we move our money?’
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020.
newsletter
Layoffs hit the tech sector, and it’s much different than in 2020
Office towers are photographed in Toronto's financial district on Wednesday, June 27, 2018. The office vacancy rate in downtown Toronto has hit a record-low amid strong demand for work space by the burgeoning tech sector, according to a report by CBRE Group. THE CANADIAN PRESS/ Tijana Martin
report on business
Wealthsimple cuts 13% of workforce as tech job woes deepen
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
investment ideas
Crypto investing habits of Canadian women: Not risk averse, but thinking long term
A representation of cryptocurrency Bitcoin is seen in this illustration taken Aug. 6, 2021.
report on business
IGM slashes valuation of Wealthsimple by 20 per cent as tech stock rout spreads to private firms
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. Some stock trading platforms say usership has spiked in 2020, as a whipsawing stock market and more time at home has Canadians day trading. THE CANADIAN PRESS/Jesse Johnston
report on business
Wealthsimple launches venture capital investment fund for retail investors
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020.  THE CANADIAN PRESS/Jesse Johnston
your practice
How tax-savvy are clients when it comes to DIY investing?
Side, low angle shot of one man working on PC from home office due to coronavirus prevention measures.
portfolio strategy
Wealthsimple made a risky investing choice, but it might pay off due to the Ukraine crisis
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020.  THE CANADIAN PRESS/Jesse Johnston
advisor stocks
Faith-based investing’s influence grows with popularity of responsible investment
Business meeting
report on business
Wealthsimple sells U.K. operations after exiting U.S. market
Michael Katchen, CEO of Wealthsimple poses for a photograph at his office in Toronto on Thursday April 27, 2017. Three months after expanding its millennial-targeted robo-adviser service to the United States, Wealthsimple is now seeking to capture an older demographic south of the border due to the burden of student loan debt there. CEO Michael Katchen said while he's pleased with Wealthsimple's early success in the U.S, he doesn't expect to see 25- to 35-year-olds -- the company's key adopters in Canada -- signing up for its online investment management services in large numbers in the U.S. any time soon. THE CANADIAN PRESS/Nathan Denette
report on business
Wealthsimple offers group retirement savings plan clients access to cryptocurrency portfolio
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020.  THE CANADIAN PRESS/Jesse Johnston
morning update newsletter
Morning Update: Ottawa in discussions to extend pandemic aid beyond Oct. 23 deadline
Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland, and Canada's Prime Minister Justin Trudeau leave a news conference in Ottawa, Ontario, Canada, October 6, 2021. REUTERS/Patrick Doyle
report on business
Why Wealthsimple went from preaching low-fee, low-risk investing to pushing stock trading and crypto
Michael Katchen, CEO of Wealthsimple poses for a photograph at his office in Toronto on Thursday April 27, 2017. Three months after expanding its millennial-targeted robo-adviser service to the United States, Wealthsimple is now seeking to capture an older demographic south of the border due to the burden of student loan debt there. CEO Michael Katchen said while he's pleased with Wealthsimple's early success in the U.S, he doesn't expect to see 25- to 35-year-olds -- the company's key adopters in Canada -- signing up for its online investment management services in large numbers in the U.S. any time soon. THE CANADIAN PRESS/Nathan Denette
investment ideas
Sustainable investment funds release more data, details as investors seek transparency
Emissions rise from the smokestacks at the Jeffrey Energy Center coal power plant as the suns sets Saturday, Sept. 18, 2021, near Emmett, Kan. (AP Photo/Charlie Riedel)
young money
‘There’s an insatiable, growing appetite amongst our teens and young adults to learn more about money.’
Owen Charter and his two sons Isaac,12, (L) and Elliott,8, pose for a portrait in their Toronto home on Aug 30, 2021. Owen has set up trust accounts for Isaac and Elliott as he helps them learn about investing.
technology
Wealthsimple Cash becomes first Canadian service integrated into Twitter’s Tip Jar
FILE PHOTO: A Twitter logo is seen outside the company headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen Lam/File Photo
opinion
Investing in startups isn’t just for privileged investors any more
Peter-Paul Van Hoeken
report on business
Major players join financing for Toronto’s Properly
Anshul Ruparell, founder and CEO of real estate company Properly, poses for a photo in front of a home the company is selling in Toronto, Friday, October 9, 2020. (Galit Rodan/The Globe and Mail)
globe investor
Wealthsimple Trade becomes first broker to offer fractional share purchases in both Canadian and U.S. companies
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020.  THE CANADIAN PRESS/Jesse Johnston
report on business
Crypto platform Binance ceases operations in Ontario in face of new regulations
FILE PHOTO: The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in St Julian's, Malta October 4, 2018. REUTERS/Darrin Zammit Lupi/File Photo
report on business
Wealthsimple announces plans to offer trading in 14 new cryptocurrencies after regulator approves expansion
FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration
report on business
Latest Power Corp. fintech protégé Nesto raises $76-million in venture capital
Paul Desmarais III, businessman and Chairman of Wealthsimple, is photographed at the Wealthsimple office, in Toronto, on Tuesday, January 7, 2020. (Christopher Katsarov/The Globe and Mail)
inside the market
Power Corp. shares on a roll with Wealthsimple stake. Will the rally continue?
Paul Desmarais Jr., Chairman and Co-Chief Executive Officer of the Power Corporation of Canada, attends their annual shareholder meeting in Toronto, Ont., Friday May 12, 2017.
report on business
Wealthsimple announces landmark $750-million financing from investor group including Drake, Ryan Reynolds
Michael Katchen, CEO of Wealthsimple poses for a photograph at his office in Toronto on Thursday April 27, 2017. Three months after expanding its millennial-targeted robo-adviser service to the United States, Wealthsimple is now seeking to capture an older demographic south of the border due to the burden of student loan debt there. CEO Michael Katchen said while he's pleased with Wealthsimple's early success in the U.S, he doesn't expect to see 25- to 35-year-olds -- the company's key adopters in Canada -- signing up for its online investment management services in large numbers in the U.S. any time soon. THE CANADIAN PRESS/Nathan Denette