Save Simply with Wealthsimple
How do you save? If your answer is like mine – badly. Then Wealthsimple maybe the perfect company to help you get on track with your savings. Especially if you are looking to save over the longer term.
Save Simply with Wealthsimple
There are so many different ways to save out there and you have to find the way that works best for you. Today I want to introduce you to one company who are trying to make saving open and easy for everyone, no matter how much money you have to spare.
You see, Wealthsimple are an investment-based company who look to help grow your wealth using their experts over the years to come.
Who are Wealthsimple?
Wealthsimple were founded in 2014 by Michael Katchen, Brett Huneycutt and Rudy Adler, who are a mix of wealth management experts and tech entrepreneurs. They now have 75,000 customers across the UK, US and Canada and have over £1.4 billion in assets.
Right here in the UK, they offer clients the ability to sign up for an ISA (Individual Savings Account) or for children a JISA.
They ask for no minimum deposit and they look to set up each client with a sophisticated investment portfolio, which has been tailed to the client’s financial goals.
You can even speak to a human adviser whenever you want to, rather than the bots than some companies offer.
What do Wealthsimple Have to Offer?
If you have over £100,000 to invest then Wealthsimple Black are for you, this allows you to get access to a lower management fee of 0.5% rather than 0.7%. Alongside personalised investment advice and even travel perks.
For those who have over £5,000 to invest then you can take advantage of Wealthsimples Socially Responsible Investing Portfolio. Which is designed to match you with companies who are making sure social responsibility is part of their plan. They are companies which look to offer low carbon emissions, fair labour standards and cleantech innovation. So you know you are only investing in people who share the same ethos as yourself.
How can you Sign up for Wealthsimple?
Sign up for Wealthsimple is well simple. It takes as little as 5 minutes, with your account being able to be funded via debit cards, bank transfer and direct debit.
Wealthsimple are authorised by the Financial Conduct Authority (FCA) to provide investment advice and discretionary portfolio management.
However, you must be aware that all investments come with risks, your investment could go down as well as up, which is why you should be looking to invest in the longer term, rather than shorter.
If you are looking to invest with Wealthsimple then you can sign up on this page to get up to 5000£ managed for free for one year!
I hope this has helped give you an insight into Wealthsimple and perhaps we will both soon be saving our way to a bigger profit with them.
What do you think of the sound of Wealthsimple, do you think they could help you?
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This does sound excellent. I think it can help people who want to do better with their finances to have something with structure, and even be able to talk with someone. Wow!
It is really good – I like they don’t say you need 1000s to start with which can be so many peoples stumbling block.
Sounds interesting. I haven’t heard of them before either
They really are worth looking into 🙂
I’ve not heard of this company before but sounds great as I’m looking to save at the moment! xo
It is so simple to set up with them and you can really make it work with the free pennies you have.
I never heard of Wealth Simple before, but this sounds great. I am always looking for new and easy ways to save money.
They are well worth looking into you don’t have to save a set amount.
Interesting article – thanks. Never heard of them before.
They really offer something a bit different, well worth checking into if you want to invest.
What a great way to save money, I will definitely have to look into this. Thanks for sharing!
No problem at all – good luck with your saving.
This sounds great – will check them out thank you!
Most definitely I’ve set up my account now!
This is right on time! I am horrible at saving, but I’ve been panicking because I left my job (with a 401k and Roth IRA) and am now without either! I was considering meeting with a few investment firms, but I like the idea of being hands on, like with this app. Thank you!!!
No problem at all – I’ve set it up to save just a little each month and interested to see how it goes 🙂
I can use all the help I can get saving. I am terrible about spending my rainy day fund at the first hint of clouds! I am checking this app out NOW!
It is so easy to do isn’t it – it almost burns a hole just sat there lol.
Thanks, I’m going to check this out as we have our house deposit in the bank at the moment, while we have a house with my husbands job. Mich x
Ekk good luck! I hope it all goes well for you.
This is something new to me. I will have to do more research to understand how things work here. Thanks!
Most definitely worth looking into you, you don’t need to have much bar than a £1 to set it all up.
What a cool post! Money saving is something everyone should learn to do correctly. This looks like an awesome way to save. Thanks for sharing! 🙂
Most definitely I think we all need to save well in our life.
Thanks for this post, I have never heard of this company before. I just hired a financial planner this last year to help me focus on my finances because up until then, I really did not pay as much attention as I should.
Good luck I really hope they help sort it all out for you!
Starting a kids savings program and teaching kids to always think about saving is important. This sounds like a great way.
It is wonderful and they will have a nice little amount when they hit adulthood as well.
This sounds amazing. Yes, I’m terrible at saving money too. I feel like as soon as I’ve saved some, I’ll go and spend it straight away!
It is great, you can see how much you will have when you X years old if you keep saving the same amount each week / month.
This sounds like awesome way to invest money! I would love to check it out sometime.
It is well worth looking into and see how they are able to help 🙂
I had never heard of WealthSimple before! Thank you so much for putting this service on my radar. It sounds very interesting. I’ll need to check this out!
No problem at all 🙂 I hope you enjoy looking into it a bit more.
What an amazing information. Will definitely look into Wealthsimple. Who doesn’t love to save.
Exactly and you don’t need a certain amount you can start with £1 or a $1!
This sounds like a great company! I can’t lie, I am a big spender. I need to start investing more money in my savings!
They don’t say you have to save X amount or even start with X amount so you could do just a couple of £ or $ a month!
Interesting information, I need to learn more about investing.
The great thing with a company like this is you don’t need to know much they do it all for you!
Interesting to know about the various wealth management companies out there. Thanks for sharing
It is amazing that there is so many different ones out there all offering things slightly differently.
Thank you for sharing. Saving money can be so difficult and I had no idea a platform like wealthsimple even existed.
It is great isn’t it! I love that there are so many people out there to help you.
I always promise myself to save but then I end up using all my savings. So for those like me, Wealthsimple would be perfect! I love the fact that you can actually speak to an adviser!
Most definitely I love that you can set it up as an outgoing so hopefully you can think on it as a bill.
I have to look into this company as I’m serious about saving and investing (not much but hey, they say every penny adds up)at this stage in my life. Thanks for sharing
It really does – I set up a LISA earlier this year and it’s already got a bit in it. I can’t touch it for years but it will be something in the years to come.
I am definitely interested. I don’t have the big bucks to invest, but you have to start somewhere, right? Good luck to you with this too!
Exactly they let you start with a £1 or $1 and you don’t have to pay in anything you can’t.
I’ve been needing something like this to help me budget university life and have been looking around so this is so helpful, thank you 😀
Yay glad I have helped you find something that will help you save!
I’ve got to tell my daughter about this company. She’s wanting to start finding ways to save and wants to start investing too. I use a different company myself but am ready to find a new company to add to, to invest in other areas.
I hope it helps her! I am finally starting to save for the future this year and feeling good about it haha.
Now that we have more income, I am thinking that I need to do some more investing. I already have CDs but I need to do more.
Good luck with your investing – I hope it all works out well for you.
I have never heard of this before but it seems like a really helpful way to start saving money. I think i may have to check this out.
Most definitely they are really there for you which I think is great!
This sounds excellent for anyone looking to invest a good bit of money. It’s important to make your money work for you instead of just socking it away.
Most definitely I like the idea of a DD payment sign up as then it’s an outgoing you are used to and don’t think but well..
I have never heard of this company. Let me think of them and take a decision. Thanks for the information
No problem at all – they are definitely worth looking into!
I’ll have to look into this. I hadn’t heard of them before, but I’ll check out the site. I do love to save, that’s for sure.
They seem like they offer something quite different to other companies.
I am always looking for ways to save money. I’ll definitely be checking out wealthsimple!
It is honestly great to come across new ways to save isn’t it.
Interesting! I have never heard of them. But I’m like you and could totally relate to your first line because I save badly as well.
It is hard isn’t it! One day I will totally get the hang of it.
I will look into this company. I have never heard of Wealthsimple before. Thanks for the info.
No problem at all – they have a great calculator on there which is fun to use!
No problem at all – they have a great calculator on there which is fun to use!