After months of development and testing, we’re happy to announce that WealthBar officially launched in BC., Alberta and Ontario on Monday!
Why we started WealthBar
About 5 years ago, we attended a seminar organized by a group of financial advisors. The speakers gave a presentation on how wealthy Canadians are able to sustain and grow their money.
Throughout the presentation, they stressed the importance of finding a ‘financial quarterback’ to help you properly plan for the future: someone who would understand your financial and life goals, help you build a broadly diversified and balanced portfolio that was optimized for taxes, protect you from possible pitfalls, and share solid advice along the way.
When the question was raised by an eager audience member about where they could get this type of advice and service, the answer left them shocked and disappointed. Despite the fact that many of the attendees were in good financial standing, and had good-paying jobs, most advisors who provide this type of advice were looking for investment minimums of at least $500,000 or more. For the average investor, there was nowhere to go.
This is why we created WealthBar. With WealthBar, our clients get the same level of planning and advice around personal finance, but without the minimums and high fees. They have access to a wide array of online financial tools and resources, as well as the benefits of having a real advisor.
We want to see everyone, from large to small investors, be able to achieve their goals and financial freedom.
So, how does WealthBar work?
By signing up with WealthBar, investors will be able to develop and follow a customized financial plan, with guidance from a real financial advisor. With no investment minimums and fees at a fraction of traditional advisors, investors are matched with a well-diversified portfolio of low cost ETF’s that fits with your financial goals and risk tolerance.
A qualified portfolio manager regularly monitors and rebalances your portfolio to ensure it remains consistent with your risk tolerance over time. Financial advisors monitor your accounts, answer any questions, and provide advice on contribution limits, tax advantages, government benefits and risk management.
Through our simple online platform, investors can review their account details and history, as well as contact their dedicated advisors, at any time.
Thank you for investing in us
We want to extend a huge thank you to all our early supporters, investors, and countless friends and family. We hope you will continue to provide us with feedback and guidance as we move forward with our vision.
For those who are just learning about us, please don’t hesitate to get in touch with us — we can’t wait to help you achieve your investment goals! Our FAQ is a great place to start, but you can also reach us through email at email@example.com.
Stay in touch,
Chris and Tea Nicola
Founders of WealthBar