TORONTO – Royal Bank of Canada has introduced its goalboat platform across the country as demand grows for low cost, digital investment options.
The InvestEase bank launched last November on a pilot basis in three provinces, but has now officially opened the service to new and existing customers throughout Canada.
The national presentation process comes as a competition in the place of the roboing advisers between both tenure banks and final commissions.
Toronto-Dominion Bank recently connected with the US's solid Hydrogen to launch its own "netting" product, and Montreal Bank launched its SmartFolio digital investment platform in 2016.
Meanwhile, Wealthsimple, a roboing adviser, now has around 100,000 clients in Canada, the U.S. a u.K. and manage more than $ 2.5 billion in assets.
Rebecca Peacock, senior director of the RBC InvestEase strategy, said the stage has been developed to accommodate most clients who want investment advice but they are doing online.