Briefing

Wealthsimple hits over $4.3 billion in assets under administration (AUA) as Power Financial deepens voting interest

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The robo-adviser fintech increased its AUA by over $900 million in the first three months of 2019. Over the same period, Power Financial and its subsidiaries invested an additional $30 million, bringing the firm’s total voting interest in Wealthsimple up to 88.6 per cent. (The Logic)

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