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★ ROBO MATCHER · 30 SECONDS ★ Three questions. Your perfect robo. Balance + experience + priority. We match across 7 Canadian robos. No signup. No credit pull. Just real fee math.
★ TOP 3 MATCHES
🥇
Questwealth Portfolios LOWEST FEES OVER $100K
$220/yr 4.6★
🥈
RBC InvestEase LOW MINIMUM · RBC ECOSYSTEM
$315/yr 4.3★
🥉
Wealthsimple Invest BEGINNERS · BIGGEST IN CANADA
$350/yr 4.8★
★ ANNUAL FEE COMPARISON · LIVE ★ All 7 robos · same balance · who wins? At $50,000 balance, here's what each robo charges per year (management + ETF MER combined).
QW
Questwealth Portfolios 0.25% mgmt + 0.19% MER
$220 /yr
RBC
RBC InvestEase 0.50% mgmt + 0.13% MER
$315 /yr
NW
Nest Wealth 0.00% mgmt + 0.17% MER
$325 /yr
WS
Wealthsimple Invest 0.50% mgmt + 0.20% MER
$350 /yr
JW
Justwealth 0.50% mgmt + 0.25% MER
$375 /yr
CID
CI Direct Investing 0.60% mgmt + 0.22% MER
$410 /yr
BMO
BMO SmartFolio 0.70% mgmt + 0.20% MER
$450 /yr
★ THE FEE GAP $230 between cheapest (Questwealth Portfolios) and most expensive (BMO SmartFolio) — every year
★ 7 ROBO-ADVISORS · DETAILED ★ Plans, fees, and what users say Verified customer reviews + complete fee structures.
WS Wealthsimple Invest $0 minimum
BEGINNERS · BIGGEST IN CANADA MGMT FEE 0.50%–0.40%
Portfolios 10
ETF MER 0.20%
Accounts TFSA · RRSP · FHSA · RESP · Joint · Non-reg
★ USER REVIEW "Auto-investing has saved me hours of stress and earned me 9.4% YoY. The app is dead-simple. — Priya R., Calgary"
Biggest robo in Canada by AUM. Black tier at $100k+ unlocks fee discount + financial planning. Lowest management fee structure of all major Canadian robos.
Open account → QW Questwealth Portfolios $1,000 minimum
LOWEST FEES OVER $100K MGMT FEE 0.25%–0.20%
Portfolios 5
ETF MER 0.19%
Accounts TFSA · RRSP · FHSA · RESP · LIRA · LIF · RDSP · Non-reg
★ USER REVIEW "I moved from Wealthsimple to Questwealth at $250k and save $400/yr in management fees. Same portfolios, lower cost. — Daniel V., Winnipeg"
Lowest management fee in Canada at 0.25% (drops to 0.20% above $100k). 5 portfolio types from aggressive growth to income. Most registered account types supported.
Open account → JW Justwealth $5,000 minimum
BEST FOR RESPS · TARGET-DATE MGMT FEE 0.50%–0.40%
Portfolios 70
ETF MER 0.25%
Accounts TFSA · RRSP · FHSA · RESP · Joint · Non-reg
★ USER REVIEW "Their RESP target-date portfolio is brilliant. I just keep contributing and the portfolio gets more conservative as my kid approaches 18. — Emma S., Ottawa"
Most personalization (70+ portfolios vs 5-10 elsewhere). RESPs get target-date portfolios automatically aligned to child's grad year. Free for RESPs.
Open account → CID CI Direct Investing $1,000 minimum
INCLUDES FREE PLANNING MGMT FEE 0.60%–0.35%
Portfolios 5
ETF MER 0.22%
Accounts TFSA · RRSP · FHSA · RESP · LIRA · Non-reg
★ USER REVIEW "The planning sessions alone are worth the higher fee — they helped me optimize my TFSA/RRSP split. — James L., Montreal"
Formerly known as WealthBar. CI Financial (one of Canada's largest asset managers) owns it. Free financial-planning sessions included with all tiers.
Open account → BMO BMO SmartFolio $1,000 minimum
BIG-6 BACKING MGMT FEE 0.70%–0.50%
Portfolios 5
ETF MER 0.20%
Accounts TFSA · RRSP · FHSA · RESP · Non-reg
★ USER REVIEW "I have all my BMO accounts in one place. The fee is higher but I value having one login for everything. — Tariq M., Brampton"
Big-6 bank robo. Higher fees than fintech competitors but adds in-branch service + ecosystem integration with BMO Direct Investing, savings accounts.
Open account → RBC RBC InvestEase $100 minimum
LOW MINIMUM · RBC ECOSYSTEM MGMT FEE 0.50%–0.50%
Portfolios 5
ETF MER 0.13%
Accounts TFSA · RRSP · FHSA · RESP · Non-reg
★ USER REVIEW "Started with $100 to test it. 18 months later I have $14k and a return of 12%. Easy entry point. — Sarah K., Toronto"
$100 minimum (lowest of the big-bank robos). Uses RBC iShares ETFs (low MER). Free responsible-investing portfolio option for ESG-focused investors.
Open account → NW Nest Wealth $1,000 minimum
BEST FOR LARGE BALANCES MGMT FEE $20-80/mo
Portfolios 7
ETF MER 0.17%
Accounts TFSA · RRSP · FHSA · RESP · LIRA · Non-reg
★ USER REVIEW "Flat fee is genius. I have $450k and pay $960/yr instead of $1,800-2,000 at percentage-based robos. — Liam F., Edmonton"
Flat-fee pricing: $20/mo under $75k, $40/mo under $150k, $80/mo above. The math wins for balances above $200k where % fees compound.
Open account → YOUR QUESTIONS
Robo-advisors · straight answers How do robo-advisors actually work? − You answer 5-10 questions about your goals, risk tolerance, and timeline. The algorithm assigns you to one of 5-10 pre-built ETF portfolios (e.g., 80% stocks / 20% bonds). You deposit money. The robo automatically buys the ETFs in the right proportions, rebalances quarterly, and (at higher tiers) performs tax-loss harvesting. You set it and forget it. Robo-advisor vs DIY ETF investing — which is cheaper? + Are my funds safe with a robo-advisor? + Which robo is best for TFSAs? + Can I have multiple accounts at one robo? + Do I lose money in a downturn? + How do tax-loss harvesting strategies work? + What's the highest-rated robo in Canada? +