Wealthsimple introduces Wealthsimple Black, a premium service for clients investing $100,000 or more.
Wealthsimple Black offers lower management fees, now at 0.4%, down from 0.5%.
Clients of Wealthsimple Black gain additional tax-efficiency features like Tax-Loss Harvesting and Tax-Efficient Funds.
The goal is to help clients save more on both management fees and taxes over time, maximizing the benefits of compound interest.

Wealthsimple is a financial company providing easy online access to investing and saving tools. With options for custom-tailored portfolio management and self-directed stock and ETF trading without commissions, the platform tailors to various financial needs and goals. They extend support with expert advice and transparent practices to over 3 million Canadians. Wealthsimple promotes low fees and high-interest savings accounts, aiming to democratize traditionally exclusive investment opportunities to a broader audience. Their suite includes high-interest chequing accounts, often offering higher yields than traditional banks, alongside a clear-cut business model that aligns their success with their clients'.

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Wealthsimple offers investing, saving, trading, and crypto services commission-free.

Wealthsimple Launches Wealthsimple Black

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