#Wealth tracker holliswealth series#

The platform is not exclusive to women, Ms. While the fee is slightly higher than the industry average of 0.50 per cent, investors gain membership to the WomenвЂ™s Collection and its financial-education articles and podcasts. The platform charges a 0.65 per cent fee for assets under management. Smart Money, which was launched in collaboration with Smart Money Capital Management, uses exchange-traded funds in its portfolios, and requires a minimum deposit of $500 to open an account. вЂњWomen typically look at their financial situations in this way, which is why the platform was designed in this manner вЂ“ itвЂ™s an intuitive way of investing that starts with the question: What are you saving for?вЂќ Ms.

But in order to appeal to the female investor, the platform doesnвЂ™t focus on investment returns or beating the market rather, it asks investors which goals they would like to achieve and which goals have higher priorities than others.

#Wealth tracker holliswealth series#

Similar to other robo-adviser platforms, Smart Money prompts investors to answer a series of financial questions to determine what kind of investment portfolio will best suit their needs. These web-based platforms offer clients an online risk-assessment tool that quickly calculates an appropriate asset allocation based on age, financial goals and risk tolerance. In Canada, robo-advice assets under management amounts to more than $5-billion, and while still only a fraction of the larger asset-management market in Canada, robo-advisers are offering alternative investment advice to digital-savvy customers. The launch of a gender-focused platform comes at a time when female investors are on track to manage more than $4-trillion over the next decade, prompting the financial-services industry to rethink the way investment advisers and wealth-management firms conduct business.Д¬urrently, Canadian women directly control approximately $2.2-trillion of personal financial assets, a number that will increase by more than 70 per cent by 2028, according to a recent report by CIBC World Markets Inc. A third of women also stop saving as a direct consequence of those care responsibilities. Women are more likely to quit work, reduce work hours and forgo promotions to care for children, a spouse or an aging parent. The platform aims to educate women in their finances and tackle some of the unique circumstances women face in the life cycle of their investing years. Jalasjaa wanted to incorporate an online tool where women could explore investing in an easy-to-understand environment, or for those individuals who may only have a small amount of assets to invest. Jalasjaa launched the WomenвЂ™s Collection, a website that provides financial literacy to women through online courses and podcasts, educational webinars and social events across Canada for members. are covered by the Canadian Investor Protection Fund.Last March, Ms. Only products and services offered through iA Private Wealth Inc. Insurance products are provided through iA Private Wealth Insurance Agency which is a trade name of PPI Management Inc. The Investment Advisor can open accounts only in the provinces where they are registered. The information contained herein may not apply to all types of investors.

Furthermore, this website is provided for information purposes only and is not construed as an offer or solicitation for the sale or purchase of securities. The particulars contained on this website were obtained from various sources which are believed to be reliable, but no representation or warranty, express or implied, is made by iA Private Wealth, its affiliates, employees, agents or any other person as to its accuracy, completeness or correctness. This is not an official website or publication of iA Private Wealth and the information and opinions contained herein do not necessarily reflect the opinion of iA Private Wealth. iA Private Wealth is a trademark and a business name under which iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. are covered by the Canadian Investor Protection Fund. * Insurance products are provided through iA Private Wealth Insurance Agency which is a trade name of PPI Management Inc.