I don’t know if you’ve noticed, but there’s a lot of financial companies in Canada eyeing your RRSP like a starving hyena these days. It’s a trend initially started by WealthSimple, a Toronto-based FinTech company that got it’s start as a robo-advisor, and it’s been so successful that now other companies are doing it too. The offer is simple: Transfer your account into our company and we will pay you cash money as a percentage of the assets transferred. WealthSimple is currently offering a 2% cash-back for RRSP transfers, and 1% for everything else. Questrade, the brokerage we use, is […]
The post Brokerage Wars appeared first on Millennial Revolution.