What makes Justwealth different from other Canadian robo-advisors?

Justwealth stands out in three areas. First, its RESP target-date portfolios automatically shift from aggressive to conservative as a child approaches post-secondary age — no other Canadian robo-advisor does this automatically. Second, it offers 70+ portfolio options, far more than Wealthsimple (7 options) or Questwealth (5 options), enabling genuine customization for different risk profiles, goals, and time horizons. Third, it provides portfolio manager consultation access to all clients, not just those with $500K+. The tradeoff is a less polished app than Wealthsimple and a $5,000 minimum investment.

What are Justwealth's fees in 2026?

Justwealth charges 0.50% management fee on balances under $25,000 and 0.40% on balances above $25,000. The underlying ETF MERs typically range from 0.15–0.25%. Total all-in cost is approximately 0.65–0.75% under $25K and 0.55–0.65% above $25K. At $100,000, this means approximately $600–$650/year in total fees, compared to $550 for Wealthsimple and $400 for Questwealth. Justwealth is not the cheapest option, but the premium is modest given the enhanced features — particularly for RESP accounts where the automatic age-based glide path adds meaningful long-term value.

What is Justwealth's minimum investment and how do I open an account?

Justwealth requires a minimum of $5,000 to open an account. This makes it inaccessible to absolute beginners with very small savings, but appropriate for investors who have accumulated their first meaningful investment sum. Opening an account is done online at justwealth.com — the application takes approximately 20–30 minutes, asks about your goals, risk tolerance, time horizon, and investment knowledge, and assigns portfolio recommendations. An onboarding call with a portfolio manager is offered at no charge. Funding is via EFT from a Canadian bank account.

Is Justwealth safe and regulated?

Yes. Justwealth Securities Inc. is registered as a portfolio manager with the Ontario Securities Commission (OSC) and other provincial securities regulators. It is a member of CIRO (Canadian Investment Regulatory Organization) and client accounts are covered by CIPF (Canadian Investor Protection Fund) for up to $1 million per account category in the event of insolvency. Justwealth has been operating since 2016 and manages hundreds of millions in client assets. It is not a fringe player — it is a legitimate, regulated, long-track-record Canadian investment firm.

How does Justwealth's RESP compare to other robo-advisors?

Justwealth offers the most purpose-built RESP management of any Canadian robo-advisor. Their target-date RESP portfolios are built around a specific target graduation year, not a risk level. A parent with a child born in 2020 might choose a "2038 RESP Portfolio" — it starts aggressive and automatically shifts to conservative as 2038 approaches. This mimics what a skilled personal advisor would do manually. Wealthsimple and Questwealth both offer RESPs but use static risk allocations you choose manually and must remember to adjust as your child ages. For RESP-focused investors, Justwealth is the clear winner in Canada without a full-service financial advisor.

Justwealth Review 2026: Canada's Best Robo-Advisor for RESP and Custom Portfolios

Justwealth at a Glance

Feature	Detail
Founded	2016
Accounts type	Portfolio manager (not a discount broker)
Minimum investment	$5,000
Management fee	0.50% under $25K; 0.40% above $25K
ETF MER	~0.15–0.25%
All-in cost (typical)	~0.55–0.75%
Portfolio options	70+
RESP target-date glide path	✅ Yes
Human advisor access	✅ Yes (all clients)
Regulatory body	CIRO / OSC
CIPF coverage	✅ Yes (up to $1M per account category)
App quality	⭐⭐⭐
Best for	RESP investors, custom portfolio needs, advisor access

Fees

Balance	Management Fee	ETF MER	All-In Cost	Annual $ on $100K
Under $25,000	0.50%	~0.20%	~0.70%	N/A
$25,000–$500,000	0.40%	~0.20%	~0.60%	~$600
$500,000+	0.40%	~0.20%	~0.60%	~$3,000

Fee Comparison vs Main Competitors

Platform	All-In (approx)	Annual $ Cost on $100K
Questwealth	~0.40%	$400
Wealthsimple Managed	~0.55%	$550
Justwealth	~0.60%	$600
CI Direct Investing ($100K)	~0.80%	$800
Bank balanced mutual fund	~2.00%	$2,000

Portfolio Selection — 70+ Options

Justwealth’s broad portfolio library is its defining feature for investors who want more than five generic risk buckets.

RESP Target-Date Portfolios

Portfolio Name	Best For	Target Year
Justwealth RESP 2026 Portfolio	Child starting university imminently	2026
Justwealth RESP 2028 Portfolio	Child ~8–10 years from graduation	2028
Justwealth RESP 2030 Portfolio	Child ~10–12 years away	2030
Justwealth RESP 2033 Portfolio	Child ~13–15 years away	2033
Justwealth RESP 2036 Portfolio	Child ~16 years away	2036
Justwealth RESP 2039 Portfolio	Newborn / very young child	2039+

Each portfolio starts growth-oriented and automatically transitions to conservative/income as the target year approaches. No action required by the investor.

Standard Portfolios

Portfolio	Equity %	Fixed Income
Income	20%	80%
Conservative	40%	60%
Balanced	60%	40%
Growth	80%	20%
Equity	100%	0%

Responsible Investing Portfolios

Portfolio	ESG Approach
Responsible Conservative	ESG-screened bonds + equities
Responsible Balanced	60/40 ESG-screened
Responsible Growth	80/20 ESG-screened
Responsible Equity	100% ESG-screened equities

US Dollar Portfolios

Feature	Detail
Currency	USD
Accounts	Non-registered (personal and joint)
Use case	Hold USD income without forced conversion to CAD
Portfolio options	Conservative, Balanced, Growth, Equity in USD

RESP — Justwealth’s Key Advantage

Feature	Justwealth	Wealthsimple	Questwealth
RESP available	✅	✅	✅
Target-date glide path	✅ Automatic	❌ Manual	✅ Basic
Graduation year portfolios	✅ 6+ options	❌	❌
CESG processing	✅	✅	✅
CLB processing	✅	✅	✅
BCTESG, QESI, ACEI provincial grants	✅	✅	✅
Family RESP plan	✅	✅	✅

How the glide path works in practice: A parent contributing to a Justwealth RESP 2035 portfolio in 2026 is invested ~80% equities / 20% bonds. By 2030, the portfolio will automatically shift to ~60/40. By 2033, it will shift to ~40/60. By 2035, it will be ~20/80. The investor does nothing. This protects against a market crash the year before the child needs the money — one of the most common and painful RESP disasters.

Account Types

Account Type	Available
TFSA	✅
RRSP	✅
FHSA	✅
RESP (Family and Individual)	✅
RRIF	✅
LIRA	✅
LIF	✅
Non-registered (CAD)	✅
Non-registered (USD)	✅
Joint non-registered	✅
Corporate	✅

Advisor Access

Feature	Detail
Onboarding call with portfolio manager	✅ Yes — offered to all new clients
Ongoing email/phone access	✅ Yes
Portfolio review calls	✅ Yes (by appointment)
Annual year-end review	✅ Offered
Dedicated advisor ($500K+ clients)	✅ Enhanced service

This is a meaningful differentiator. At Wealthsimple, speaking to a human portfolio manager is not available below $2M. At Questwealth, basic advisor access is offered but less prominent at standard balances. Justwealth explicitly positions advisor access as a feature for all clients — valuable if you have life events (divorce, inheritance, retirement planning) where you want to speak with someone.

User Experience

Aspect	Rating	Notes
Website	⭐⭐⭐⭐	Clean, informative
Account opening process	⭐⭐⭐⭐	20–30 min online; onboarding call offered
Mobile app	⭐⭐⭐	Functional but less polished than Wealthsimple
Dashboard / reporting	⭐⭐⭐⭐	Clear portfolio performance and holdings view
Customer service	⭐⭐⭐⭐⭐	Phone and email; fast response; human interaction
Document delivery	⭐⭐⭐⭐	Tax slips, statements delivered on time

Pros and Cons

Pros	Cons
Best RESP target-date portfolios in Canada	$5,000 minimum (not for absolute beginners)
70+ portfolio options; genuine customization	Higher fee than Questwealth
Human advisor access at all balance levels	App less polished than Wealthsimple
USD non-registered accounts	Less brand recognition than Wealthsimple
Strong track record (since 2016)	No Halal portfolio option
CIRO-regulated; CIPF-covered	Lower automation for some features vs Wealthsimple

Who Is Justwealth Best For?

Investor Type	Why Justwealth?
RESP-focused families	Target-date glide path is the best in Canada without a full advisor
Investors wanting advisor contact	Human portfolio manager access at all balances
Investors needing US dollar accounts	USD non-registered option not available at all robo-advisors
ESG-focused investors	Solid responsible investing portfolios
Near-retirement investors	Multiple income and conservative portfolio options
Investors with complex needs	70+ portfolios; speak to a portfolio manager to build the right approach

Verdict

Justwealth is Canada’s best robo-advisor for RESP management and custom portfolio needs. It is not the cheapest option (that’s Questwealth) and not the slickest app (that’s Wealthsimple), but it sits in an important middle ground: low cost enough to beat bank mutual funds by more than 1% per year, feature-rich enough to handle RESPs properly, and human enough to provide actual advisor access when life gets complicated.

Rating: 4.5/5 — Highly recommended for RESP investors and anyone with more than $50,000 who wants advisor access without paying full advisory fees.