Wealthsimple is a new kind of financial advisor — one that's intuitive, affordable, and human read more
Wealthsimple Company Culture
Wealthsimple Culture
This score is derived from employee ratings & reviews2.8/5
Wealthsimple's Overall Culture is rated D+
Top Rated Culture Dimensions
Professional Development
A+Office Culture
APerks & Benefits
CRetention
C-Compensation
C-Wealthsimple CEO
Bottom 15%Bottom 15% of Similar Size Companies
Michael Katchen
62 /100
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Diversity at Wealthsimple
Bottom 5%Bottom 5% of Similar Size Companies
F
Diverse employees at Wealthsimple have rated CEO Rating, Retention, and Work Culture as the highest categories they have scored
Women at Wealthsimple
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWealthsimple eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 10%Bottom 10% of Similar Size Companies
Recommend to a Friend?
-70
Wealthsimple employees are -70% more likely to recommend Wealthsimple as a great place to work
| 10% | Promoters |
|---|---|
| 10% | Passives |
| 80% | Detractors |
Working at Wealthsimple
Working at Wealthsimple is rated below average by 13 employees, across various culture dimensions. Wealthsimple employees rate Professional Development highest among all categories, and think that Work Culture and Outlook have the most room for improvement, putting Wealthsimple’s culture in the Bottom 25% compared to similar sized companies on Comparably. See below in detail how working at Wealthsimple was rated by employees.
Overall Company Culture at Wealthsimple
D+
Overall Company Culture at Wealthsimple is rated D+
Last updated months ago
Bottom
25%
Wealthsimple ranks in the Bottom 25% of other companies on Comparably with 1-10 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWealthsimple Employee Reviews
Out of 8 Wealthsimple employee reviews, 33% were positive. The remaining 67% were constructive reviews with the goal of helping Wealthsimple improve their work culture.
| Positive Reviews | 33% |
|---|---|
| Constructive Feedback | 67% |
Positive Reviews From Wealthsimple Employees
- What do you like best about the leadership team?They care about the team
- What is the best part about your compensation package?unlimited mental health days for all employees
Constructive Feedback From Wealthsimple Employees
- What would you improve about your company's interview process?So many steps, and you still can't get it right. Maybe look inwards as to why you can't keep folks.
- What do your coworkers need to improve and how could you work together better?Try working together instead of against each other.
- Why do you feel undervalued and what would make you feel better about your compensation?Tell everyone how you use bias to "pay for performance", and ignore the fact that Canada has equal pay for equal jobs laws.
Wealthsimple Company Information
Wealthsimple Company Overview
Wealthsimple is a new kind of financial advisor — one that's intuitive, affordable, and human
| Headquarter | Suite 120 Toronto, KS M5V 1X6 Canada |
|---|---|
| Website | www.wealthsimple.com/ |
| Founding Date | 2014 |
| Tel | (647) 350-7675 |
| Company Status | Private |
Wealthsimple Competitors
Wealthsimple competitors include Personal Capital, Wealthfront, and SigFig. Wealthsimple ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Wealthsimple compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Wealthsimple Employees
13 employees at Wealthsimple have reviewed Wealthsimple across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 13 Wealthsimple employees give their leadership a grade of D, or Bottom 15% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.
Employees at Wealthsimple are not very pleased with their total compensation at Wealthsimple, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Wealthsimple are generally satisfied with their team. 13 Participants grade the quality of their coworkers a D+. Less than half believe the meetings at Wealthsimple are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Wealthsimple believe the environment at Wealthsimple is negative. Most Participants believe the pace of work at Wealthsimple is extremely fast. About 25% of the employees at Wealthsimple work 8 hours or less.
Overall, the employees at Wealthsimple are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Wealthsimple - Employee Onboarding
The prevailing opinion from employees about joining Wealthsimple is that the company was very prepared on their first day. Wealthsimple employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Wealthsimple KPIs and OKRs
At Wealthsimple 100% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Wealthsimple's KPIs and OKRs is essential for its success. Out of 2 Wealthsimple employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Wealthsimple CEO & Leadership
Wealthsimple CEO - Michael Katchen
62 /100
Michael’s approval rate is lower compared to CEOs at similar sized companies, putting Michael in the Bottom 15% of all CEOs of similar-sized companies on Comparably. Michael Katchen’s employees rank Wealthsimple in the Top 5% for Professional Development, in the Top 10% for Office Culture, and in the Bottom 40% for Perks And Benefits. When compared to Wealthsimple’s competitors, Michael Katchen ranks below both SigFig CEO Mike Sha and Wealthfront CEO Andy Rachleff.
Wealthsimple Leadership
The Wealthsimple Executive Team is rated a “D-” and led by CEO Michael Katchen, Co-founder & COO Brett Huneycutt, and Executive Creative Director Mike Giepert
Michael Katchen CEO / President
Michael Katchen serves as the CEO / President of Wealthsimple.
Brett Huneycutt Co-founder & COO
Brett Huneycutt serves as the Co-founder & COO of Wealthsimple. Brett started at Wealthsimple in Jul of 2014. Brett... read more
Mike Giepert Executive Creative Director
Mike Giepert serves as the Executive Creative Director of Wealthsimple. Mike started at Wealthsimple in May of 2016.... read more
Sharman Ordoyne Managing Director
Sharman Ordoyne serves as the Managing Director of Wealthsimple.
Rudy Adler Co-Founder and CPO/CMO
Rudy Adler serves as the Co-Founder and CPO/CMO of Wealthsimple.
Ben Reeves Chief Investment Officer
Ben Reeves serves as the Chief Investment Officer of Wealthsimple.
Diversity & Inclusion at Wealthsimple
Diverse employees at Wealthsimple score the company 48/100 across various culture categories, placing Wealthsimple in the Bottom 5% of companies on Comparably with 1-10 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Wealthsimple across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Wealthsimple PTO
Wealthsimple's PTO and Vacation policy typically gives 20-30 days off a year. Paid Time Off is Wealthsimple's most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit. Wealthsimple's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Wealthsimple Careers
Wealthsimple Jobs
No Recent Jobs found for Wealthsimple on Comparably
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Frequently Asked Questions regarding Wealthsimple
What is Wealthsimple address?
Wealthsimple location is at Suite 120
Who is the CEO of Wealthsimple?
Wealthsimple CEO is Michael Katchen, their score by employees is 62
What is Wealthsimple eNPS?
The eNPS for Wealthsimple is -70
Who are Wealthsimple competitors?
Wealthsimple main competitors are Personal Capital, Wealthfront, SigFig
Who is Wealthsimple leadership?
Brett Huneycutt, Mike Giepert & Sharman Ordoyne are part of Wealthsimple leadership, Michael Katchen is the CEO
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