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Rapport Credit Union’s licensed advisors will use the Wealthsimple Advisor Services platform beginning in January 2020.

Advisors at the member-owned financial institution will have access to Wealthsimple’s suite of low-cost mutual fund and ETF portfolios, as well as back-office solutions that aim to simplify administrative and compliance tasks, according to a release.

Members of the credit union will be able to open accounts and update their portfolios using the digital platform.

Rapport is the first credit union to partner with Wealthsimple, the release said.

“We are excited to be the first credit union to join Wealthsimple and look forward to this partnership in support of our commitment to our members’ financial wellness,” said Kim Leak, CEO of Rapport Credit Union.