How We’re Investing in Physicians
Building a better financial home for those who dedicate their lives to others
Across the country, Canadian physicians are facing a familiar tension: limited time, complex finances, and a financial system that wasn’t designed for the realities of their work. Between long hours, shifting income structures, and ever-changing tax rules, finding the right financial partner shouldn’t be another stressor on the list.
With the priorities of legacy institutions evolving, we’ve heard from many physicians who are looking for a financial home built with transparency and purpose.
At Wealthsimple, we’ve spent the past year reimagining what that partnership could look like — and building something that’s faster, smarter, and more personal than anything physicians have experienced before. Our goal is simple: to make Wealthsimple the best home in Canada for physicians to plan, invest, and grow. That means removing friction at every stage — from your first residency paycheque to your retirement income plan.
We’ve rebuilt the experience around what doctors have told us they need most:
- Unbiased advice that meets you where you are. Our Wealth Management advisors are salaried professionals, not paid by commissions or revenue tied to specific investments. Their only incentive is to do what’s best for you. Whether you’re early in your career and simply looking for guidance on student debt and cash flow, or managing a corporation and planning for retirement, there’s a path that fits. We offer comprehensive financial planning with a dedicated advisor, as well as more targeted one-on-one sessions with a certified financial planner to address more specific questions.
- Tax-smart planning, verified by experts. Every Wealthsimple Wealth Management financial plan is reviewed ensuring tax opportunities aren’t missed and efficiency is built right in. You'll know your plan is structurally sound when you work with us.
- Significant fee savings. Keep more of your money with commission-free self-directed investing and fees as low as 0.2% when you invest more than $1M in managed portfolios.
- Speedy account opening. Opening a corporate investing account with Wealthsimple takes about 5 business days — a process that can take weeks or even months elsewhere. No branch visits. No paperwork marathons. Just an efficient, digital experience supported by a real person when you need one.
- Integrated mobile app experience. See your investments, goals, and progress in one place, right in the Wealthsimple app.
- Transfer fee coverage and dedicated transfer support: We automatically reimburse transfer fees charged by your financial institution when you move at least $25,000 to Wealthsimple. We also have a dedicated transfer support team to guide you through the transfer process if needed, step by step.
- Incorporation support. If you’re a member of one of our partner medical organizations, Wealthsimple will cover the cost of your incorporation when the timing makes sense for you.
What clients are saying
We’ve received tremendous feedback from physicians who are working with us:
Since moving my corporate accounts to Wealthsimple, I’ve realized just how valuable great customer service, no-fee trading, and a powerful, intuitive platform can be... I’m always excited to see what’s next!
- Rohit Gandhi, Emergency Physician, MD, CCFP-EM, HBA
In addition to providing a self-managed corporate account, Wealthsimple charges zero fees for trades, offers incredible perks and bonuses multiple times per year, and has excellent customer service. I've been very happy with my experience since joining Wealthsimple last year.
- Ayaz Kurji, Consultant Psychiatrist, BScH, MD, FRCPC
What’s next
As the industry changes without warning, often behind closed doors, we’re choosing the opposite approach: clear strategy, open communication, and long-term investment in physicians.Because physicians deserve a financial experience as forward-thinking as the work they do every day. We’ve got lots more on the roadmap to support physicians and their families, and we’re excited to roll them out in the months to come. Stay tuned.
Managed accounts are offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada. Assets in your Invest account are held in an account with Wealthsimple’s affiliated custodial broker, Wealthsimple Investments Inc. (WSII). WSII is a member of the Canadian Investment Regulatory Organization (CIRO). Customer accounts held at WSII are protected by Canadian Investor Protection Fund (CIPF) within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF. Wealthsimple Inc. is not a member of CIRO nor a member of CIPF.
Wealthsimple Wealth Management is available for clients with a minimum of $500,000 in assets under management, subject to additional fees beyond the standard Managed Investing schedule. Wealthsimple Wealth Management for Managed Investing Accounts are provided by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada.
Wealthsimple’s management fees for Generation clients range from 0.4% for clients with $500,000 in assets, to 0.2% for clients with $10,000,000 or more in assets. To learn which rate you qualify for, reach out to our team of advisors.Each transfer of minimum $25,000 must be in a single transfer of an account. See here for details.
