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Wealthsimple Managed Investing review
Canada's best-known robo-advisor: set your risk level, automate contributions, and stop thinking about it.
By SCFinance Data Team · edited by SCFinance Editorial TeamUpdated Aug 11, 2026 Fact checkedEditorial integrity
The bottom line
Canada's best-known robo-advisor: set your risk level, automate contributions, and stop thinking about it.
SCFinance score4.6
W
Wealthsimple Managed Investing
- Stock commission
- N/A
- Account minimum
- $0
- Management fee
- 0.5%
Pros
- ✓ Automatic rebalancing
- ✓ No account minimum
- ✓ Socially responsible portfolios
Cons
- ✕ Management fee on top of ETF MERs
- ✕ Limited customization
Details
- Management fee
- 0.50%
- Account minimum
- $0
- Advisor access
- Yes
What you get
- Automated, diversified portfolios
- Automatic rebalancing and dividend reinvestment