Toronto-based Wealthsimple Inc. is introducing premium advisory and financial planning services to clients who invest $500,000 or more, the robo-advisor said Tuesday.
Wealthsimple Generation will give clients online access to advisors, financial reporting, tax strategies and personalized portfolios, as well as perks including airline lounge access and a discounted health plan, the firm said in a release.
Clients will pay 0.4% of assets under management.
“With Wealthsimple Generation we can provide the personalized, sophisticated advice that clients need in a modern way—on-demand, and enhanced with a great digital experience,” says Wealthsimple CEO and co-founder Michael Katchen in a statement.
“We won’t schedule face-to-face meetings, but we’ll be there for you and your family whenever and wherever you need us.”