About Justwealth
Justwealth distinguishes itself as the most highly personalized automated investing platform in the country. Instead of funneling clients into a handful of generic risk buckets, Justwealth assigns a dedicated Personal Portfolio Manager to every account and offers over 70 distinct portfolio variations. It is universally recognized as the premier platform for Canadian parents due to its innovative 'Target Date RESP' portfolios, which dynamically adjust their risk profile to become more conservative as a child approaches university age, ensuring absolute capital protection.
The Good
- Assets held at CIRO-member Custodian
- Dedicated Personal Portfolio Manager for every client
- Unique "Target Date" RESPs auto-adjust as your child ages
- Over 70 portfolio options (High customization)
The Bad
- $5,000 minimum investment is the highest in Canada
- Web-first experience (no native mobile app)
Fee Structure
Updated 2026| Fee Type | Details | Cost |
|---|---|---|
|
Portfolio Management Fee
|
Management fee for balances under $500,000 (Note: A minimum fee of $4.99/mo applies to non-RESP/FHSA accounts).
|
0.50% |
|
Portfolio Management Fee
|
Management fee for balances above $500,000. Household accounts are combined to reach this tier.
Min Bal: $500001
|
0.40% |
|
Fund MER (Embedded Cost)
|
Average embedded MER for the underlying ETFs.
|
0.20% |
|
Transfer Out Fee
|
$150 fee for full account transfers out ($50 for partial transfers).
|
$150.00 |
|
Withdrawal Fee
|
$50 for full RRSP deregistration ($25 for partial). Withdrawals from TFSA, FHSA, RESP, and Non-Reg are free.
|
$50.00 |
Key Features
Automatic Rebalancing
The platform automatically buys and sells assets in the background to keep your portfolio perfectly aligned with your target risk level.
Goal-Based Investing
Set specific financial targets (like a down payment or retirement) and track your progress with dedicated, optimized portfolios.
Access to Human Advisors
Speak directly with licensed financial planners or portfolio managers for personalized wealth strategy and advice.
U.S. Dollar (USD) Accounts
Hold US dollars natively in your account to avoid paying punishing currency conversion fees every time you trade US stocks.
Dividend Reinvestment (DRIP)
Automatically reinvest your cash dividends to buy more shares, accelerating your portfolio's compound growth over time.
Tax-Loss Harvesting
Automatically sell losing investments to offset capital gains taxes, keeping more of your money working for you.
CIPF Protected
Your account is safeguarded by the Canadian Investor Protection Fund (CIPF) against the insolvency of the brokerage.
Passive Indexing
Low-cost portfolios built with Exchange Traded Funds (ETFs) designed to simply track the broad market index.
CIRO Member
RateBuddy Verdict
undefined stands out for its comprehensive tools for active traders. With competitive pricing and a solid reputation backed by Justwealth, it remains a top contender in the Canadian market.