In case you haven’t heard of it, Wealthsimple is a robo-advisor from Canada that opened up shop in the U.S. in early 2017. Opening an account with Wealthsimple allows investors to build a diversified portfolio of exchange-traded funds (ETFs) that focus on low-cost index funds.
Investor Junkie reviewed Wealthsimple and overall this robo-advisor is worth giving a try. Their platform includes automatic rebalancing, dividend reinvesting and tax loss harvesting. Where Wealthsimple stands apart from the crowd is they have real human financial advisors on call for their customers whenever there is a question. For the price you pay, this access to professionals is a great deal.
If you’re interested in opening an account with Wealthsimple, there’s an offer that makes it a no-brainer:
Wealthsimple Earn up to $100 Cash for Signing Up
Investor Junkie readers receive a $50 bonus when they open and fund a new Wealthsimple account. To earn this bonus, the minimum deposit amount is only $100. However, you transfer or deposit $100,000+, Wealthsimple will throw in an extra $50. Account balances higher than $100,000 are eligible for Wealthsimple Black. Program perks are:
- Lower Annual Fees – Pay 0.40%/year instead of 0.50%/year for their base service.
- Tax Efficiency – Tax-Loss Harvesting and Tax-Efficient funds are available.
- Money Coach – Work with a human advisor Access to a money coach.
- VIP Airline Lounge Access – 1,000 airline lounges in over 400 cities with a complimentary Priority Pass membership for you and one traveling companion.
Sign up now to take advantage of this offer now as this offer is limited.
Wealthsimple Get $5,000 Managed Free for Full Year (expired)
The second offer to take advantage of is Wealthsimple will manage your account for free for 12 months as long as it’s less than $5,000. This is a great way to “test” Wealthsimple and not spend a dime.
Note: This promotion is currently unavailable.
InvestorJunkie has entered into a referral and advertising arrangement with Wealthsimple US, LTD and receives compensation when you open an account or for certain qualifying activity which may include clicking links. You will not be charged a fee for this referral and Wealthsimple and InvestorJunkie are not related entities. It is a requirement to disclose that we earn these fees and also provide you with the latest Wealthsimple ADV brochure so you can learn more about them before opening an account.