Wealthsimple to ramp up hiring in Alberta

CALGARY, AB (October 16, 2024) – Wealthsimple, the money management platform on a mission to help Canadians achieve financial freedom, today announced plans for a major hiring expansion in Alberta, as it seeks to tap the deep pool of talent in the province. 

After doubling its headcount in Alberta over the past year, Wealthsimple now plans to triple the number of full-time employees in the province by the end of 2025. The company is actively recruiting for roles including engineering and product, client experience, sales, and operations. This will take the company’s total full time Alberta-based workforce to 105 – about 10 per cent of Wealthsimple’s overall workforce.

“There is so much amazing talent in Alberta and we’re excited to continue growing in the province,” said Diana McLachlan, Head of People Operations. “With over 3 million Canadians trusting Wealthsimple with their finances, we need more people who want to solve real-world problems, enhance financial services for Canadians and be part of building a great company.”

Localized hiring will support the company as it continues to build financial products that meet the unique lifestyle needs of Albertans. Alberta is home to the youngest population of any Canadian province and has Canada's highest average income. They are looking for a trusted partner to help them build generational wealth, which is why today, more than 400,000 Albertans choose Wealthsimple.

“Alberta’s government and Invest Alberta strongly support Wealthsimple’s continued commitment to hiring in Alberta, particularly for high-value roles that drive technology and innovation,” said Matt Jones, Minister of Jobs, Economy and Trade. “By expanding more of the Wealthsimple team into Alberta, they are tapping into our highly-skilled workforce and contributing to our vision of making Alberta a hub for fintech. This growth will empower more Albertans to achieve their financial goals and build a brighter future. We look forward to Wealthsimple’s continued growth in Alberta.” ​ 

Wealthsimple will continue to seek out strategic opportunities to further expand the company’s footprint in the province, working closely with Invest Alberta and Calgary Economic Development. 

Last month the company marked its tenth year of operation by announcing that it had surpassed $50 billion in assets under administration. Wealthsimple has more than doubled its assets in Alberta in the last year alone, with nearly 12 per cent of total assets now coming from Alberta-based clients.

Interested applicants can find and apply for Wealthsimple’s open roles at ​ www.wealthsimple.com/en-ca/careers. 

_{About Wealthsimple}

_{Wealthsimple is one of Canada’s fastest growing and most trusted money management platforms. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves 3 million Canadians and holds over $30-billion assets. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada. To learn more, visit www.wealthsimple.com.}

_{Contact: press@wealthsimple.com}