Michael Katchen

Michael Katchen

CEO Canada

Michael Katchen is the co-founder and CEO of Wealthsimple, a Toronto-based online financial services provider that has transformed the investment landscape in Canada. Under his leadership, Wealthsimple has grown to manage over $70 billion in assets for more than 3 million clients, making it the largest financial institution established in Canada in the past 25 years. Known for his outspoken views on the Canadian banking industry, Katchen criticizes traditional banks for their high fees and slow processes, likening them to a tax on Canadians. At a recent event, he emphasized the need for competition and innovation within the financial sector, advocating for a more consumer-friendly banking environment.

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