Wealthsimple selling U.S. book of business to robo-adviser Betterment Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Eric Akaoka/The Globe and Mail
Power Financial Corp.’s online investment manager Wealthsimple is selling its U.S book of business to New York-based robo-adviser Betterment Holdings Inc.
Wealthsimple announced Thursday that it will transfer all its U.S.-based customers to Betterment by the end of June and will no longer support U.S.-based accounts.