Overview

You can gift securities, like stocks and ETFs, from your Wealthsimple account to another person's Wealthsimple account. This process is also known as an in-kind transfer. To do this, both you (the donor) and the person receiving the gift (the donee) will need to provide consent by filling out a form.

Eligibility

To gift securities, you must meet the following requirements:

• Both the donor and the person receiving the gift must have a Wealthsimple account.
• The transfer must be between two non-registered (personal) investment accounts.
• We don't support gifting securities to or from registered accounts (like TFSAs or RRSPs).

How to gift securities

To start the process of gifting securities, please follow these steps:

1. Fill out the Gifting Securities In Kind Authorization form.
2. When complete, please contact our support team to notify us that you completed the form.
3. Both you and the person receiving the gift must fill out and sign the form using your email address associated with your Wealthsimple profile via DocuSign. You'll receive separate emails to complete this step.
4. When complete, respond to the email to confirm.

Once we receive the completed form with consent from both parties, our team will process the request. The processing time is typically 4–7 business days.

Frequently asked questions