Employees will be charged a monthly fee which is broken down into a platform fee, an advisor fee, and an investment manager (subadvisor) fee. A fee breakdown can look like this:
Advisor fee: 0.15%
Platform fee: 0.35%
Subadvisor fee: 0.00%*
Total fee: 0.5%
*using Wealthsimple portfolios
Note: If your Group RRSP plan is currently supported by an Advisor, please refer to your advisor for the fee breakdown. Your advisor's contact details can be found on the top-right side of your Wealthsimple dashboard, like the screenshot below.
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