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Wealthsimple Promotions: $10,000 Managed For Free & $1 Referral Offers

Tony Jay by Tony Jay
December 2, 2022 12:32 am CST
in Investing
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This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
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Wealthsimple has only been around since 2014, and it is already Canada’s largest financial robo-advisor service. It launched into the US on January 31, 2017 and is expecting a dramatic increase in the uptake of its services, commensurate with the massive potential of the US market.

Compare with Betterment and Wealthfront. Also, see the promotion from J.P. Morgan if you’d like to trade stocks commission-free.

Wealthsimple’s staff is made of up world-class financial advisors, software engineers, designers and data scientists, many of whom have experience working for companies such as Apple, Google and Amazon. The company boasts offices in Toronto, London and New York.

Considering for a financial planner? Take a look at SmartAsset, which is free to use.

The numbers continue to climb but as of Quarter 3, 2019 Wealthsimple has over $5 billion (CAD) in assets under management and more than 175,000 clients. Wealthsimple touts itself as a socially responsible investment option.

Overall, Wealthsimple’s services will perform well for small and new investors, as well as for investors with more than $100,000 to spend.

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Current Wealthsimple Promotion: $10,000 Managed For Free

Once you’re a Wealthsimple client, you can start making referrals and get $10,000 in assets managed for free for 12 months for each friend who joins and funds an account from your referral link. Your Referrals will also get $10,000 in assets managed for free for 12 months as well.

You can invite your friends and family to Wealthsimple by visiting the Invite area when logged in.

If you’re on mobile, tap the “Earn Rewards” button in your account overview to invite friends.

Competitors Betterment and Wealthfront are also offering some good promos.


Wealthsimple Trade $1 Cash Bonus & $1 Per Referral (up to $1,000)

  • To qualify for a $1 sign-up bonus you must register via a referral link from a current Wealthsimple Trade member. We don’t currently have a personal referral link to share but here are a few we found you can try (current users are welcome to leave your referral details in the comments section below):
    • https://my.wealthsimple.com/app/public/cash-referral-signup?handle=$mycash (use code W3ER50)
    • https://my.wealthsimple.com/app/public/cash-referral-signup?handle=$sukhbrar (use code SXKMGQ)
    • https://my.wealthsimple.com/app/public/cash-referral-signup?handle=$davidbrar (use code 2S6Q5G)
  • Deposit and trade at least $100 worth of stock.
  • Once the above requirements have been met you’ll receive a $1 cash reward deposited into your Wealthsimple Trade account.

Once you have an active Wealthsimple Trade account you can earn $1 per qualified referral, up to $1,000 in referrals.


Wealthsimple Free Managed Assets Offers

Here are ways you can get more managed assets for free:

  • Referral program: $10,000 managed free (for both parties)
  • Transfer an account: $10,000 managed free
  • Turn on auto-deposits: $1,000 managed free
  • Get the mobile app: $100 managed free

Summary Of Wealthsimple

Wealthsimple’s standout feature lies with its socially responsible investment option which deposits client’s money into morally and socially responsible organizations and enterprises. This option helps clients to feel good about their investments while making money from them. It is definitely the company of choice for those investors who want to make certain types of morally based investment decisions.

READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here

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Tags: robo advisorswealthsimple
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Tony Jay

I'm all about finding new finance-related promotions and bonuses here at MoneysMyLife. Contact me here.

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Comments 20

  1. David Williams says:
    1 year ago

    Hey guys! If you recently downloaded Wealthsimple Cash, use code VAXDNH and you’ll receive $10!

    Loading...
    Reply
  2. Robyn says:
    2 years ago

    You can also use my Wealthsimple Referal Code: ABIVQG
    To get $10,000 managed free for 12 months.

    Best

    Loading...
    Reply
  3. Rosie Bui says:
    2 years ago

    Hi,

    Please feel free to use my Wealthsimple Referral Code to get $10 for free when you deposit and trade at least $100! You can open a Wealthsimple Trading account and trade for free!

    My Code is OBZYQG. 🙂 Or you can use this link: https://my.wealthsimple.com/app/public/trade-referral-signup?code=OBZYQG

    Wealthsimple Trade is Canada’s first $0 commission stock trading app – sign up now and you’ll get $10 to trade. You have 30 days to enter the code in the gifts section of the app.

    Thank you! You are beautiful! 😉

    Loading...
    Reply
  4. Patrick Senecal says:
    2 years ago

    Wealthsimple Code: RBXVVG

    If you need a code to receive $ 10, 24 hours after trading $ 100 on WealthSimple.

    Downloaded the application

    To get a $ 10 bonus after ‘TRADING’ $ 100 on the WEALTHSIMPLE COMMISSION FREE Canadian Equity Buy and Sell platform, you have 30 days to enter the following code in the gifts section of the app.

    BONUS CODE $ 10: RBXVVG

    Loading...
    Reply
  5. Miles says:
    2 years ago

    Feel Free To Use My Wealthsimple Referral Code: GGMQFQ

    Thanks 🙂

    Loading...
    Reply
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