Investing / Robo-advisors / Wealthsimple Managed Investing
Wealthsimple Managed Investing
No minimum and the most account types · #2 of 6 robo-advisors
1% transfer match, up to $20,000 — Transfer $25,000+ from another institution within 30 days of registering. Paid in 24 monthly instalments.
- Yearly fee on $50,000
- $250
- Management fee
- 0.50%
- Fund MER
- Varies
- Minimum
- $0
0.50% (Core); 0.40% from $100,000 (Premium); as low as 0.20% at $500,000+
Varies by portfolio
Our verdict
Wealthsimple Managed Investing scores 70/100, #2 of the 6 robo-advisors we compare. Best for: no minimum and the most account types.
- No minimum to start
- Seven account types including RESP, RRIF and LIRA
- 1% transfer match on $25,000+
What it costs
Estimated yearly cost
$250on a steady $50,000 balance (management fee only)| Management fee 0.5% effective · 0.50% (Core); 0.40% from $100,000 (Premium); as low as 0.20% at $500,000+ | $250.00 |
|---|---|
| Fund costs (MER) Varies by portfolio | — |
| Yearly cost | $250.00 |
| $10,000 | $50 a year0.5% management fee |
|---|---|
| $50,000 | $250 a year0.5% management fee |
| $100,000 | $400 a year0.4% management fee |
| $250,000 | $1,000 a year0.4% management fee |
Before sales tax. Fund costs use the middle of the published MER range and come out of the fund’s returns rather than your account.
Welcome offer
1% transfer match, up to $20,000
Transfer $25,000+ from another institution within 30 days of registering. Paid in 24 monthly instalments.
- Register for the 1% match before you transfer
- Transfer $25,000+ from another institution within 30 days
- Receive the match in 24 monthly payments
| Transfer $10,000 | $0 |
|---|---|
| Transfer $25,000 | $250 |
| Transfer $50,000 | $500 |
| Transfer $100,000 | $1,000 |
No end date published. Paid monthly over 24 months. Official terms
Fees & features
| Management fee | 0.50% (Core); 0.40% from $100,000 (Premium); as low as 0.20% at $500,000+ |
|---|---|
| Fund MER | Varies by portfolio |
| Minimum | $0 |
| Rebalancing | Automatic, included |
| Portfolios | Standard and socially responsible portfolios |
| Currency conversion | 0.4% on conversions |
| Accounts | TFSARRSPFHSARESPRRIFLIRANon-registered |
| Transfers | Covers transfer fees on $25,000+Transfer out: $0 |
| Protection | CIPFCIRO member · Wealthsimple Investments Inc. |
Pros & cons
Pros
- No minimum balance
- Socially responsible and halal portfolio options
- Fee drops to 0.40% at $100,000
- 1% match on transfers of $25,000+
Cons
- 0.50% fee under $100,000 — double Questwealth’s
- Fund MERs not published as one figure
- Advice beyond portfolio management costs more
Wealthsimple Managed FAQ
How much does Wealthsimple Managed Investing cost?
Wealthsimple Managed Investing charges 0.50% (Core); 0.40% from $100,000 (Premium); as low as 0.20% at $500,000+ a year — $50 on $10,000, $250 on $50,000 and $400 on $100,000, before tax. Fund MERs (Varies by portfolio) are charged inside the ETFs.
What is the minimum to open Wealthsimple Managed Investing?
There is no minimum.
Which accounts does Wealthsimple Managed Investing offer?
TFSA, RRSP, FHSA, RESP, RRIF, LIRA, Non-registered.
What is the Wealthsimple Managed welcome offer?
1% transfer match, up to $20,000: Transfer $25,000+ from another institution within 30 days of registering. Paid in 24 monthly instalments.
Is Wealthsimple Managed safe?
Wealthsimple Investments Inc. is a CIRO member; accounts are protected by CIPF up to $1 million per account category if the firm fails. That protection does not cover market losses.
Alternatives
Source: Wealthsimple official fee schedule · offer terms · Checked Oct 16, 2026.
WalletReturn is independent. We may earn a commission when you open an account through some links; that never changes our scores or our numbers. Fees and offers change — confirm them with the provider before you open an account. This is general information, not investment advice. Investments are not guaranteed; CIPF protection covers missing client property if a member firm fails, not market losses.