Best Robo-Advisors in Canada (2026)
Hands-off investing made simple. Compare Canada's top robo-advisors by fees, minimums, and features.
| Robo-Advisor | Mgmt Fee | Minimum | Key Features | Best For |
|---|---|---|---|---|
| Wealthsimple Invest | 0.40-0.50% | $0 | Socially responsible options, auto-rebalancing, tax-loss harvesting | Most popular, great app |
| Questwealth | 0.20-0.25% | $1,000 | Lower fees, SRI portfolios, auto-rebalancing | Lowest fees |
| BMO SmartFolio | 0.40-0.70% | $1,000 | BMO ETFs, bank integration, auto-rebalancing | BMO clients |
| RBC InvestEase | 0.50% | $100 | RBC integration, responsible investing option | RBC clients, low minimum |
| CI Direct Investing | 0.35-0.60% | $100 | Tax-loss harvesting, financial planning | Financial planning included |
| Justwealth | 0.40-0.50% | $5,000 | Target-date RESP portfolios, personalized | Best RESP portfolios |
🏆 Most Popular
Wealthsimple Invest
$0 minimum, great app, SRI options
💰 Lowest Fees
Questwealth
Starting at 0.20%—half the cost of most
👶 Best for RESPs
Justwealth
Target-date RESP portfolios that auto-adjust
Robo-Advisor vs. DIY Investing
✅ Choose a Robo-Advisor If:
- You want a hands-off approach
- You're new to investing
- You don't want to rebalance manually
- You value simplicity over control
📈 Choose DIY Investing If:
- You want the lowest possible fees
- You enjoy managing your portfolio
- You want to pick individual stocks/ETFs
- You're comfortable with rebalancing
💡 Total Cost Comparison
Robo-advisor (0.40% + 0.20% ETF MER) = ~0.60% total
DIY with ETFs (0% + 0.20% MER) = ~0.20% total
On $100,000, that's $600/year vs $200/year. Worth it for the convenience? You decide!
⚠️ Fees may change. Always verify on each provider's website. Last updated: February 2026.