Overview

Wealthsimple group plans are designed to be cost-effective for employees. The total cost includes a base management fee plus underlying investment costs.

The plan sponsor's specific administration fee may be lower depending on the total size of your group plan.

Fee structure

Our fee structure is transparent and consists of the following components:

• Management fee: The starting fee for the management of the plan is 0.5%, with the possibility to reduce based on client tier and total assets under management. Learn more about management fees.
• Administration fee: The starting fee is 0.3%, which accounts for the management of the program, in addition to perks like one-on-one access to an advisor.
• ETF MERs: You will also pay the underlying Management Expense Ratio (MER) for any Exchange Traded Fund (ETF) in your portfolio.
• FX fees: Standard currency conversion (FX) fees apply if you are trading or holding assets in a different currency.

Negotiating your fee

We offer competitive pricing for larger groups. If you have a high volume of participants or significant total assets in your plan, both your management and administration fees can be negotiated.

Frequently asked questions