TORONTO – Royal Bank of Canada has expanded its country's robbery advisory platform as the country's low-cost and invested digital opportunities grow.
The Bank launched InvestEase in November as a pilot in three provinces, but now officially opens new clients and existing services across Canada.
The fall is a national competition, heated by the balance between bank account holders and fintech startups.
Toronto-Dominion Bank has recently started working with the United States Hydrogen to launch its "robo-guidance" product, and the Montreal Bank launched its SmartFolio Digital Investment Platform in 2016.
In the meantime, Wealthsimple's consultants now have 100,000 clients in Canada, US and U.K. and manage more than $ 2.5 million in assets.
RBC InvestEase, CEO of Rebecca Peacock, says the platform plans to respond to the "growing" segment of the customer segment, to make the investment advice they want but to make it online.