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jerryking : wealthsimple   4

Wealth Management Simplified | Ivey Alumni | Ivey Business School
It was the proceeds Katchen earned from that sale, and a love for investing dating back to his childhood, that led him to launch online investment manager Wealthsimple in September 2014.

“Investing has always been a hobby of mine,” says Katchen, the youngest of three siblings, all of whom attended Ivey. (One sister specialized in marketing, the other sister in finance, while Katchen chose the entrepreneurship stream).

Wealthsimple, now the largest online investment manager in Canada, has 60 employees, about 25,000 customers, and close to $1 billion in assets. The financial technology company offers an alternative to traditional ways of managing investments, catering to consumers – in particular Millennials – who are comfortable with online banking and investing.

Katchen has a vision to build Wealthsimple into “one of the largest and most innovative financial services firms in the world,” including plans to expand outside of Canada to places such as the U.S. and Europe.
Ivey  alumni  WealthSimple  CEOs  start_ups  personal_finance  investment_management 
march 2017 by jerryking

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