Wealthsimple has relatively low fees. Their investment management fees range from .50% for a Wealthsimple Basic account to .40% for a Wealthsimple Black or Generation account. Wealthsimple’s ETF expense ratios, which are fees associated with fund management, are approximately .2%. It’s important to note that the management fees are based on your account balance. Although there are no minimum investment requirements for Wealthsimple, you need to have at least $100,000 in your account to qualify for a Black account and at least $500,000 to qualify for a Generation account.