Wealthsimple Tops $155.6B in Assets as Chequing Accounts Outpace Investing Signups

Wealthsimple closed the second quarter of 2026 with $155.6 billion in assets under administration, up 24.7% from the previous quarter and 84.1% from a year earlier. The company said the quarter brought in roughly $17 billion in net inflows, with growth driven largely by demand for its chequing and spending products.

• Assets under administration: $155.6 billion, up 24.7% quarter-over-quarter and 84.1% year-over-year - Net inflows: roughly $17 billion in Q2 2026 - Client base: 3.6 million clients, excluding tax filers - Reach: nearly a quarter of Canadians aged 18-40 use at least one Wealthsimple product

Chequing overtakes investing

For the first time, new chequing account openings outpaced new investment account openings in the quarter, a shift in how new clients are entering the platform. This article is general news and information, not individualized financial advice.

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