Institutions typically charge a $50 – $150 administrative fee to transfer your account. We will reimburse this fee when you transfer your account to Wealthsimple Trade if your transfer is greater than $5,000 in value.
- Wealthsimple does not reimburse Deferred Sales Charges (DSC fees), Low Load Fees (LL fees), trading fees, commission fees, or account closure fees
- Partial transfers from the same account will only be reimbursed once
- Only current clients with funded Wealthsimple accounts are eligible for reimbursements
- If you are requesting multiple fee reimbursements, please fill out the survey for each individual transfer
- Eligible reimbursements are processed in 1-2 business days
- The reimbursement will show up in the cash balance of your account and will appear as a ‘refund’ in your account activity