Robo-Advisors

Robo-Advisors are like automatic, if not self-driving cars. To invest with a robo-advisor, you don’t need extensive investing know-how. Most robo-advisors will ask you a series of questions online, then set you up with a portfolio in minutes.

Robo Advisors

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Wealthsimple

$0

first $5,000
free 0.5% after

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficiency


On-demand advice


iOS/Android

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Responsive

TFSA + Taxable accounts: $10,000
RRSP: $15,000

0.8% up to $200,000
0.5% above $200,000

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficiency


Yes


Optimized for mobile

Yes

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

BMO SmartFolio

$5000

0.7% / $0 - $99,999
0.6% / $100,000 - $249,999
0.5% / $250,000 - $499,999
0.4% / $500,000+

In-house funds

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Portfolio IQ

$0

$100 / $0 - $1,999
0.7% / $2,000 - $99,999
0.6% / $100,000 - $249,999
0.5% / $250,000 - $499,999
0.4% / $500,000 - $999,999
0.35% / $1,000,000+

In-house funds

Tax optimization

Personalized help

Mobile

Rebalancing


Tax loss harvesting


N/A


N/A

N/A

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Modern Advisor

$0

$49 / $0 - $9,999
0.5% / $10,000 - $99,999
0.4% / $100,000 - $499,999
0.35% / $500,000+

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficiency


Mutual fund fee report


iOS/Android

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Justwealth

$5000

$120 / $0 - $24,999
0.5% / $25,000 - $499,999
0.4% / $500,000+

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficient portfolios


Account structuring, personal financial planning and portfolio transitioning


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Idema Investments

$25,000

0.5% / $25,000 - $150,000 + 0.30% thereafter (min 250$/year)

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax-efficient portfolio
Tax-Loss Harvesting


Personalized portfolio management


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Smart Money Capital Management

5 000$

0,45% + frais de transaction (0,08% en moyenne)

FNB

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

Automatique

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Nest Wealth

$0

$240 / $0 - $74,999
$480 / $75,000 - $149,999
$960 / $150,000+

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficiency (480$+)


N/A


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

InvestCube

$10 000

0.85% - 1.04%**
*Fees differ by portfolio
*Fees include ETFs management fees

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Invisor

$0

0.6% / $0 - $99,999
0.5% / $100,000 - $249,999
0.4% / $250,000 - $499,999
0.3% / $500,000+

ETFs / F-class

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

Automatic

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Steadyhand

$10 000

0.65% - 1.78%

In-house funds

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

N/A

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

WealthBar

$0

0% / $0 - $4,999
0.6% / $5,000 - $149,999
0.4% / $150,000 - $499,999
0.35% / $500,000+

ETFs

Tax optimization

Personalized help

Mobile

Rebalancing


Tax efficiency ($5,000+ assets)
Tax loss harvesting ($150,000+ assets)


On-demand advice
($150,000+ assets)


iOS/Android

Automatic ($5,000+ assets)

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

Tangerine

$0

1.07%

In-house funds

Tax optimization

Personalized help

Mobile

Rebalancing


N/A


N/A


N/A

N/A

Robo Advisor

Minimum deposit

Pricing

Portfolio

Promotional offers

More details

BMO AdviceDirect

$50 000

$750 / $0 - $99,999
0.75% / $100,000 - $499,999
$3750 / $500,000+

Everything

Tax optimization

Personalized help

Mobile

Rebalancing


On-demand


Full service


N/A

On-demand

Hardbacon
400 Rue Montfort
local C-1100
Montréal,QC H3C4J9
info@hardbacon.ca