In this article:
Overview
Wealth rank allows you to see a snapshot of your financial ranking based on assets held at Wealthsimple, compared to other clients in your age group.
Your rank is based on the total Canadian dollar value of the assets you hold with us. We compare you to other Wealthsimple clients in your age group who have at least $500 in assets.
If you’re in the top 10% of your age group, we'll show you your specific rank among all Wealthsimple clients.
Eligiblity
To see your wealth rank, you need to:
- Have the Wealthsimple app version 2.206.0 or higher
- Have at least $5,000 in total assets with Wealthsimple
View your wealth rank
Follow these steps to find your wealth rank:
- Log in to the Wealthsimple app
- Tap the Profile icon in the top right corner
- Look for a card that says What’s your wealth rank?
Hide your wealth rank
If you aren't interested in seeing your ranking, you can remove it from your app.
To hide your wealth rank:
- Tap the Profile icon
- Open What’s your wealth rank? card
- Scroll down to the Not interested? section
- Tap Hide
- Tap Hide rank to confirm your choice
Frequently asked questions
Is my information private?
Yes. No other Wealthsimple clients can see your balance or your specific rank. This information is for your eyes only.
How is my wealth rank calculated?
We look at how much you’ve saved and invested with us and compare it to other clients in your age group (such as "ages 25–29"). It’s a simple way to see how you're doing compared to people at a similar stage in life.
Are joint and spousal accounts included?
For now, your wealth rank is calculated using assets in your individual accounts. It doesn’t include joint or spousal accounts.
How do I climb the ranks?
Your rank is a snapshot of where you are today. It can change as your portfolio grows or if you add more funds to your accounts. You may see suggestions in the app like Add money, Transfer an account, or Direct deposit your pay to help you grow your balance.
I accidentally hid my wealth rank. How do I get it back?
To respect your choice, hiding this feature is permanent. That’s why we include a confirmation step — to make sure you really want to hide it before you do.
Why don't I see the card on my profile?
First, ensure your app is updated to the latest version. If you're still unable to access the feature, and would like to have it enabled, please contact our support team.
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