Bring your accounts to a better place
Transfer an investment account to Wealthsimple and we'll put your money to work in a smart, low-fee, passive portfolio.
Make your money work smarter
Simplify your finances: See your financial picture at a glance with all your accounts in one place
Pay lower fees: Our 0.5% management fee is a fraction of what traditional mutual funds charge
Get human advice: Experienced financial advisors are here to help whenever you need it
Invest on autopilot: Stay on track with auto-deposits, automatic rebalancing, and dividend reinvesting
Transfers made simple
- Start a transfer from our award-winning website or mobile app
- Answer a few simple questions about your current account
- We'll take care of the rest — including contacting your current provider
Accounts that fit your goals
Transfer any of these accounts in just a few taps.
Our most common retirement account that lets you defer and reduce your taxes for when you retire.
A popular savings account that lets you grow your investments tax free on the gains you make over time.
Our most common taxable account for the extra money you want to invest after maxing out your RRSP and TFSA.
Help save money for a child's education while lowering tax burden and taking advantage of government matching.
For those 71 years of age and older, who would like to convert their RRSP account.
If you have a pension from a former employer but are not yet retired.
For accounts with multiple owners, such as married couples and business partners.
For business owners that want to take advantage of lower corporate income tax rates.
Over $10B and counting - More than 1 million Canadians trust over $10 billion with Wealthsimple companies
Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection
Insurance and protection - All of our accounts have standard insolvency and deposit protection
Powerful backing - Wealthsimple is backed by over $1 billion in investment from some of the world's most notable investors
We keep your money safe
Your security and trust are important to us. We're committed to protecting your account with the highest standards of security available.
Start your transfer in 5 minutes
- Answer a few questions about your financial goals
- We'll suggest a portfolio with the right amount of risk for you
- Tell us which account to transfer – we'll take care of the rest
Investment transfers that are greater than $5,000 in value are eligible for transfer fee reimbursement. Please fill out this short survey regarding your transfer once it has completed. You can expect to see your fee reimbursed within 10 business days.
It's important to note that Wealthsimple does not reimburse Deferred Sales Charges (DSC fees), Low Load Fees (LL fees), trading fees, commission fees, or account closure fees. And, multiple partial transfer fees for one account will not be reimbursed.
When transferring funds from one institution to another, there are three different options to choose from:
- Entire account in cash (Most Common): Your institution will sell your holdings and move the money to us, but keep in mind you may be charged DSC or trading fees, which Wealthsimple cannot reimburse.
- Entire account as is: We move your holdings to us as they are today. We'll be reaching out to you via email regarding the liquidation of your holdings and will not liquidate anything until we receive confirmation from you.
- Part of the cash in my account: You can partially transfer any cash amount that is already sitting in your account to us. Before submitting your transfer, you need to liquidate your holdings with your other institution generate enough cash for the amount you've requested.
But which one should you choose? Visit our Help Center for more information.