About Wealthsimple
<p>Wealthsimple is an online investment and savings platform that runs workplace group savings plans for Canadian employers. Through Wealthsimple for Business, it handles plan setup, recordkeeping, compliance support, and participant advice for employee programs.</p> <p>Founded in 2014 and headquartered in Toronto, Wealthsimple works with companies across the Greater Toronto Area and Canada. The company has about 1,000 employees and reports $100.0B in AUM as of 2026.</p> <p>Employers can offer Group RRSPs, Group TFSAs, Group FHSAs, DPSPs, group non-registered accounts, and corporate investment accounts. Portfolios are built around ETF-based options with an emphasis on low fees and simple administration, with integrations designed to work with common HR and payroll workflows.</p> <p>What sets Wealthsimple apart is its combination of a digital-first employee experience with employer tools that keep enrollment and ongoing administration straightforward. It also works with brokers and consultants who support workplace plans.</p> <ul> <li>Plan design and implementation for group savings plans</li> <li>Recordkeeping and employer administration tools</li> <li>Compliance support for workplace plan operations</li> <li>Participant advice, tools, and financial education</li> <li>HR and payroll integrations for contributions and reporting</li> </ul>
Website: https://www.wealthsimple.com/en-ca/for-business
Founded: 2014
Employees: 1000
Office Locations
- Toronto, ON (Headquarters)
- Toronto, ON
Services Offered
- Plan Design Consulting
- Recordkeeping
- Compliance Services
- Participant Investment Advice
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $100.0B