Wealthsimple Inc.

About

Wealthsimple Inc. is a Canadian online investment management service founded in September 2014 by Michael Katchen, Brett Huneycutt, Som Seif, and Rudy Adler. Based in Toronto, Ontario, the firm has grown significantly, holding over C$84 billion in assets under management as of June 30, 2025. As a private company, it is primarily owned by Power Corporation, which holds an indirect 55.1% stake through investments in Power Financial, IGM Financial, and Portag3. Wealthsimple's product portfolio includes its core online investment management services and Wealthsimple Crypto, catering to a broad range of financial needs. While specific annual revenue figures, current CEO, and employee count are not provided, its substantial assets under management highlight its strong market position in the financial services industry.