Wealthsimple’s affiliated custodial broker, Canadian ShareOwner Investments Inc. (ShareOwner) is a member of the Investment Industry Regulatory Organization of Canada (www.iiroc.ca). Customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at (www.cipf.ca).
In the extremely unlikely event that Wealthsimple were to go out of business, your account would remain safe and be largely unaffected. All securities are beneficially held under your name, and if we were to close, you could choose to keep your money with ShareOwner, or transfer it to a new advisor or your bank account.
Wealthsimple Inc. is a registered Portfolio Manager in Canada. Securities in your account may be protected through Canadian ShareOwner Investments Inc. See www.cipf.ca for more details.