Wealthsimple is a Canadian firm backed by Montreal-based Power Financial and they are looking to launch their robo advisory solution to US clients soon; in accordance with US securities law, Wealthsimple received approval to operate as an investment advisor by the SEC in October 2016; there is no account minimums for their product and the first $10,000 invested will be fee free, anything above $10,000 will be subject to a management fee of 0.5%. Source
Digital wealth management startup Wealthsimple raised $75mn from the digital investment arm of Germany’s Allianz, Allianz X, along with early...
After gaining approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) Starling Bank has seen their partners grow; Starling now counts PensionBee, WealthSimple, Habito and Kasko as partners; the company plans to announce about 25 partners this year alone; Starling’s Chief platform officer, Megan Caywood, says the new partners take the marketplace to the next level. Source.