this post was submitted on 06 Feb 2025
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Canada
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Iβm so disappointed in Wealthsimple.
I think I have a dormant account with them and I should probably get rid of it.
I'm not, I've hated them since they bought out SimpleTax and made filing my taxes less fucking simple. Still mad about it years later. Anyway, they're an investment company with all of the baggage that comes with, so it doesn't surprise or disappoint me at all that they're lobbying for deregulation.
tbf, they could be worse than a typical investment company since they also have the techbro change-the-world fantasy baggage in the mix.
Even that's not really unique in the retail investment space, just look at Robinhood's marketing from before /r/SuperStonk happened and they pissed people off by limiting trades on GME. A lot of it is like, "even you can hoard wealth like your favourite billionaire"!