ceridian fireside chat with wealthsimple

Download Ceridian fireside chat with Wealthsimple

Post on 11-Jul-2015

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  • Canadian companies limit their own potential by dreaming small. Lets change that!

  • About me

    - Wealthsimple - Ancestry.com

    - 1000memories - McKinsey

    Mike Katchen, @mkatchen

  • Beer inputs (global ranking): Canada vs. Mexico

    Canada

    4thWater

    Barley 7th

    Mexico

    26th

    N/A

  • Canada has all of the makings of a global leader, yet chooses to be a loser.

    Beer production: Canada vs. Mexico

    Beer production 2012 (million hectolitres)

    Canada Mexico

    19.5

    82.5

  • Top international rankings for Canada (Wikipedia)

  • 1. Dreams 2. Government

    3. History

    Why?

    Canada is the most comfortable country in the world. You are nice people, but you are not a trading nation.

    - Boris Rousseff, European Trade Expert

  • Big dreams

  • Wealthsimple is Canadas fastest growing online investment manager. We make smart investing

    easy, low-cost, and transparent.

  • The Canadian market opportunity

    Wealthsimple fills a massive gap in a

    $1.3T market

    Full-service ~$1T

    Self-directed ~$0.3T

    Low fees Low minimums Light advice

    High minimums High fees

    Service oriented

    Low fees Knowledge hurdle

    No advice

  • The global opportunity

    Years to $1T

    20Vanguard

    Blackrock 15

    Current AuM

    Online advice 10E

    $2.5T

    $4.6T

    $14B

  • Success stories

  • Beliefs

    Canada's tech sector sits at an inflection point

    We will either step up and play a major role in the global landscape fall somewhere into the middle of the pack

    If we can do it in financial services, a highly regulated industry with an entrenched oligopoly and massive consumer trust barrier, then you can do it to

  • Dayforce Ceridian

    1. What is behind your success? 2. Where could you have bigger dreams?

    3. What can other companies learn from you?

  • Questions?