Download - Ceridian fireside chat with Wealthsimple
Canadian companies limit their own potential by dreaming small. Let’s 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 Canada’s 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?