Full-service online advisor Wealthbar Financial Services Inc. has launched in all Canadian provinces by registering with each provincial regulator across Canada, the Vancouver-based firm said Monday.
This online investing service includes access to a personal financial advisor for less than half the cost of most mutual funds. It launched in Alberta, British Columbia and Ontario in November 2014.
WealthBar provides online personal financial planning and manages clients’ savings using low-cost ETF portfolios, which are invested in a broadly diversified long-term ETF portfolio designed to minimize market volatility. Through the company’s website, clients can quickly set financial goals and track their progress, as well as monitor the performance of their savings. Clients also have a personal financial advisor to guide them, help them with their financial plan, and answer questions.
WealthBar’s financial planning tool is free to use for everyone. Right now, anyone who signs up also gets a free planning session with a human financial advisor. “We understand that human touch is still important for good financial planning,” says Tea Nicola, CEO of WealthBar, “so we made the advisor a key part of the WealthBar experience right from the beginning.”