About
I love working with great people to solve big problems.
Activity
53K followers
-
Michael Katchen shared this+$17B of net deposits in Q2. $155B in assets. 3.6M Canadians now trust Wealthsimple with their financial lives. It's easy to look at numbers like these and focus on growth. What I'm most proud of is why they're happening. Every quarter, more Canadians decide they want a better financial experience. One that's simpler, lower cost, and actually built in their interest. This quarter we launched Business Banking, Prediction Markets, IPO Access, and Futures. Monthly Millionaire became our fastest feature ever to reach 1M users. And for the third year in a row, Wealthsimple was ranked #1 in customer satisfaction by J.D. Power. We're still in the early innings. Thanks to every client who trusts us with their money, and to the incredible team building the future of finance in Canada.
-
Michael Katchen shared thisTake Your Kids to Work Day is the best! Always a highlight of the year.Michael Katchen shared thisLast week we hosted our annual Take Your Kids to Work Day and the office was full of some very special guests. From face painting and Lego building to an intro to coding session, the kids of Wealthsimple got a behind-the-scenes look at where their parents work. We also asked them some big questions: 💰 What is money? 💻 What does your parent do all day? 🚀 What is Wealthsimple? Their answers did not disappoint. Equal parts thoughtful and very cute. Watch what they had to say 👇
-
Michael Katchen reposted thisMichael Katchen reposted thisExcited to share this feature in the Toronto Star from this past weekend. Alma Care started as a retreat in Yorkville, where we could support ~10 families at a time. In 2025 we shifted to bringing that same care directly into families' homes - and it's changed what we're able to do. Today our team of 170 postnatal care specialists has supported over 450 families across Ontario and BC, over 100,000+ hours of care; night and daytime nursing, lactation support, postnatal massage, mental health support, and more. The part I'm most focused on now is accessibility. A Manulife study found 40% of women consider quitting after having a baby - a number I believe would look very different if more families felt genuinely supported postpartum. For many, that support is closer than they think: if you have a health care spending account through your employer, there's often already a pathway to get this covered. That's the shift we're building toward — working with employers and benefits providers so postpartum care becomes a standard part of how new parents are supported in Canada, not a luxury. Thank you to Jared Lindzon and the Toronto Star and to our team and the families who've trusted us along the way.
-
Michael Katchen posted this10 ways we automate your finances at Wealthsimple, so you don't have to: 1. Paycheque routing — the moment your paycheque lands, we automatically move money to your TFSA, FHSA, RESP, savings, or wherever you want it. 2. Recurring investments — automatically buy the stocks, ETFs, or crypto you believe in on your schedule. 3. Scheduled bill payments — set up your mortgage, daycare, phone bill, utilities, and more once. Then forget about them. 4. Credit card autopay — never miss a payment or due date. 5. Scheduled e-Transfers — send money automatically for rent, allowances, gifts, or anything else that happens on a schedule. 6. Dividend reinvestment — put every dividend back to work automatically. It's one of the simplest ways to compound wealth. 7. Auto-staking — earn rewards on eligible crypto you're already holding. 8. Automated Investing — choose your portfolio and we'll keep it on track by rebalancing, directing new deposits where they're needed, and harvesting tax losses where applicable. 9. Auto-filled tax returns — we pre-populate your information so filing takes minutes instead of hours. 10. Recurring deposits — automatically move money from your external bank accounts into Wealthsimple. Our goal isn't to automate people out of the equation. It's to automate the repetitive financial tasks that no one enjoys doing. What should we automate next?
-
Michael Katchen reposted thisAt Wealthsimple we're all in on the transformative potential of AI. At the same time, one of our values is "be human" and we hold a high bar for how we show up for our clients and each other as humans. Reconciling these tensions is something that I think about a lot as a People leader. An important role my team now plays is to navigate with judgement the ways AI helps us deliver on "be human" and where it detracts. Curtis Norman's post is a great example of using AI to give new hires a more human experience. Just this month, the People team also shipped: 💡 The Throughline, our culture and values interview. Candidates often use AI to prepare for interviews, and the result is highly rehearsed answers that make it hard to know who someone really is. Our new journalism style format cuts through the rehearsed answers to understand how the candidate actually thinks, builds and acts. 🧠 A "second brain." We use AI to build personal wikis of what we're working on and why it matters. One of our leaders uses his to pull together meeting notes, project docs, and Slack messages, so he walks into every 1:1 already caught up. Staying human at scale is a choice. Sometimes that means using AI, sometimes it means building AI-proof. I don't think this work will ever be "done," but luckily I get to work with an incredible team on it. 👏Michael Katchen reposted this🎉 We just rebuilt New Hire Onboarding at Wealthsimple. Introducing O-Days. The goal: make your first days here as simple and human as opening a Wealthsimple account. So we rebuilt the program — shipped it in two months, testing and iterating the whole way through. What's new: 🧭 A new onboarding hub, tailored to each person's path 🎯 Every session anchored on our values, straight from the culture manual https://lnkd.in/g_ThdAMd 🛠️ Way more building. New hires build something every single day that makes their journey simpler 🚀 Week one ends with product time, conversations with leaders, and something valuable shipped New hires don't just go through O-Days, they own it. We build in the room for people to shape their own journey and get out exactly what they put in. Maker-owners from day one.
-
Michael Katchen shared thisAmazing World Cup! Congrats to Spain on the win and Canada for a great run 🇨🇦 Our team had a lot of fun with it too. Not everyone will go pro. A Wealthsimple RESP is a good backup plan.. https://lnkd.in/gAhVk-NN
-
Michael Katchen reposted thisMichael Katchen reposted this"Shut up." The only way to respond to your brother winning a million dollars.
-
Michael Katchen reposted thisMichael Katchen reposted thisA quick update on Wealthsimple's North Star program. 🇨🇦 Last fall we posted an open invitation to Canadians living abroad. With no marketing budget - just a few gatherings with likeminded Canadians abroad - we posed a question about coming home to build ambitious, world-class products here in Canada. Everyone talks about brain drain. What gets missed is the flip side: a lot of Canadians abroad actually want to work on hard problems that are connected to home. → ~7,000 applications since launch (the appetite and excitement to build for Canada is real!) → 100+ live conversations (and counting, we're still talking to folks) → 7 offers made → 5 who are now working with us - building across AI, crypto, engineering, investment research, and treasury We're not done - if you're a Canadian abroad wondering what's being built back home, the door is open. Come build with us. More: https://lnkd.in/e2iHV5NAInside Wealthsimple’s “simple” effort to bring Canadian talent homeInside Wealthsimple’s “simple” effort to bring Canadian talent home
-
Michael Katchen shared thisThis team 🙌 Proud of what we've built so far. Solving real problems for Canadians. Check it out: https://lnkd.in/gbvNV7vPMichael Katchen shared thisSharing a glimpse of our annual offsite 🏗️🇨🇦 We celebrated wins, tackled company-specific challenges, and recharged against the backdrop of the Canadian Shield. Already counting down to next year. cc Matt Himel, Logan Gibson, Melissa Gallagher, Ashley Boyce, Danny Feuer, Rachel Zimmer, Bram Warshafsky, Nick Galasso, Aleeza Jahan, Jake Rudolph
Michael Katchen replied to a comment
2mo
Adam Currie thanks for clarifying. Confirmed with our team that this in the works and will be addressed in June. Thank you for flagging
-
Michael Katchen reacted on thisMichael Katchen reacted on thisThe aspiring entrepreneur knew the odds were stacked against his start-up. But now, Betashares is Australia’s second-largest exchange-traded fund provider, managing more than $75 billion in assets. Read more: https://ebx.sh/kbW1Rb
-
Michael Katchen liked thisMichael Katchen liked thisExcited to share this feature in the Toronto Star from this past weekend. Alma Care started as a retreat in Yorkville, where we could support ~10 families at a time. In 2025 we shifted to bringing that same care directly into families' homes - and it's changed what we're able to do. Today our team of 170 postnatal care specialists has supported over 450 families across Ontario and BC, over 100,000+ hours of care; night and daytime nursing, lactation support, postnatal massage, mental health support, and more. The part I'm most focused on now is accessibility. A Manulife study found 40% of women consider quitting after having a baby - a number I believe would look very different if more families felt genuinely supported postpartum. For many, that support is closer than they think: if you have a health care spending account through your employer, there's often already a pathway to get this covered. That's the shift we're building toward — working with employers and benefits providers so postpartum care becomes a standard part of how new parents are supported in Canada, not a luxury. Thank you to Jared Lindzon and the Toronto Star and to our team and the families who've trusted us along the way.
-
Michael Katchen reacted on thisMichael Katchen reacted on this🎉 We just rebuilt New Hire Onboarding at Wealthsimple. Introducing O-Days. The goal: make your first days here as simple and human as opening a Wealthsimple account. So we rebuilt the program — shipped it in two months, testing and iterating the whole way through. What's new: 🧭 A new onboarding hub, tailored to each person's path 🎯 Every session anchored on our values, straight from the culture manual https://lnkd.in/g_ThdAMd 🛠️ Way more building. New hires build something every single day that makes their journey simpler 🚀 Week one ends with product time, conversations with leaders, and something valuable shipped New hires don't just go through O-Days, they own it. We build in the room for people to shape their own journey and get out exactly what they put in. Maker-owners from day one.
-
Michael Katchen reacted on thisTen years ago, my dad grabbed my hand on his way into brain surgery and asked me to make decisions if something happened to him. Thankfully, he recovered. But that moment showed me how unprepared we were, even with a tax lawyer for a father. I realized that even families with wills and good intentions can leave loved ones facing impossible decisions without the information, context, and conversations they need. That experience eventually led me to found Estate Kit. I'm incredibly grateful to Erin Bury and the Willful team for taking the time to share my story. Our partnership is built on a shared belief that every family deserves both a strong legal foundation and the practical information their loved ones will need when it matters most. I hope this encourages even one family to start the conversation they've been putting off.Michael Katchen reacted on thisImagine one of your parents is being wheeled into the operating room at a hospital. On the way, they grab your hand and ask you to handle any decisions if something happens to them. Would you know their wishes - if they wanted to stay on life support if it came to that, what type of pain medication they would want, what quality of life looks like for them? And if the worst happened, would you know how to honour their legacy? In this month’s edition of Willful Stories, I spoke to Estate Kit founder Amy Baryshnik. Her experience during her father’s brain surgery inspired her to create a company devoted to helping Canadians document their wishes. At Willful we're proud to be partnered with Estate Kit, and to share in the mission of helping families have the hard conversations now, to avoid hardship later. Read Amy's story: https://lnkd.in/gSMju6tQ
Experience & Education
-
Wealthsimple
View Michael’s full experience
See their title, tenure and more.
or
Honors & Awards
-
Top 40 Under 40
Caldwell Partners
-
2016 Entrepreneur of the Year
Techvibes Canadian Startup Award
-
EY Entrepreneur of the Year 2016
Ernst & Young
Other similar profiles
Explore more posts
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More