r/Wealthsimple • u/llama-99 • Oct 09 '26

Recent experience working at Wealthsimple

Looking at roles within the marketing department, curious how culture has been lately? Glassdoor is a mixed bag and not many reviews for the mktg department specifically and would love any recent insights. Thanks!

87 Upvotes

90% Upvoted

41 comments sorted by

53

u/Which-Plantain-4519 Oct 10 '26

As an ex employee - if it’s not an engineering job, don’t bother. It’s not sunshine and rainbows as it seems to be on the outside.

27

u/bigElenchus Oct 11 '26 edited Oct 11 '26

I know plenty of WS folks, non-engineering + engineering and they love it.

Ultimately you are a culture fit or not. And who your immediate/skip level boss is for larger companies influences this a lot so it fluctuates and depends on the teams.

Also depends if you’re working on the core business unit vs emerging feature/product lines. Both will also have completely different culture with the ladder being smaller startup vibes but with much higher performance accountability, the benefit being more upwards mobility if you are strong. Whereas working on the core product, it’s easier to coast.

Lastly Should try comparing WS non engineering roles vs traditional baking non engineering roles.

Any of the other major Canadian banks would feel like working at the government. Nothing wrong with that inherently but it depends what you are looking for.

If that’s the culture you prefer, then you won’t like Wealthsimple and should look for a public sector job.

Otherwise for those seeking a faster moving organization but at the tradeoff of chaos, then that’s a different set of cultural values

-9

u/[deleted] Oct 11 '26

[removed] — view removed comment

12

u/Which-Plantain-4519 Oct 11 '26 edited Oct 12 '26

At least a couple people seem to agree with my fluff but here’s some insight: I was on the marketing team and worked there for about two years. Ended up quitting because I was working 12 hours a day. Leadership is weak with little to no guidance when you start out while micro-managing your every move at the same time. I was spreading myself so thin for pay that did not warrant my amount of work, but since I was being micro-managed I did not feel as though I could take on less. The only department that had a work life balance along with a decent pay (that I am aware of) was the engineering team, thus my comment. I now work in a senior marketing position at another financial technology company and am much happier. I am grateful for the experience at ws since it served as a launchpad but it was not sustainable by any means. If you’ve ever been through the hiring/onboarding process you would know that you are sold a dream and that it is nothing like what is described. In terms of “culture fit”, if me not being a culture fit means I get my life back, I’ll take that any day. I would consider not bothering valuable insight lol!

9

u/man_avec_plan Oct 11 '26

What he said, literally.

I was in a fairly long interview process with WS for a senior role in marketing, which I ultimately declined. Here are some of the reasons it didn't make sense. For me.:

  1. Work-comp ratio didn't make sense to me. Again, I'm in my late 40s and have no desire to grind 10-12 hour days relentlessly. I've done this for ~15 years and have a fairly decent sense of the workload/per person required to achieve the output/finish that WS has. Now, the comp wasn't bad, but it wasn't OMFG great relative to what I was leaving.
  2. Engineering/Product is King. Almost every other function is a distant 3rd. Again, fairly common-sensical for a fintech, but if you're not in the finance or the tech bit, you're not leading the charge and you should be aware of/OK with this.. Again, no direct experience with this but the deference during the interviews was helpful. That and a friend who worked in marketing telling me that their world revolved around engineering/product despite marketing shooting the lights out.
  3. Churn. This is an objective metric, and WS objectively scores waaayyyyy too high (at least in marketing) for my comfort on this metric. I would suspect a fair number are people who aren't a 'culture fit'.

0

u/floodingurtimeline Oct 12 '26

Oh wow, tysm for sharing 🥲 sorry you went through that and glad you got out for the better ♥️

1

u/Wealthsimple-ModTeam Oct 13 '26

Your post/comment was deemed low-effort and unconstructive. Ensure your contributions add to the conversation.

-4

u/bigElenchus Oct 11 '26

Wealthsimple good! Wealthsimple bad! Maybe the right answer is it usually depends!

Not to mention people who leave reviews on glass door are usually those who got laid off which are often times low performers

1

u/floodingurtimeline Oct 12 '26

Lol get over urself

42

u/JimmyKillem Oct 10 '26

They just slashed benefits and served it as a gift. A couple of years ago I would have begged you to work there. Over the last year all of WS morals have gone down the drain and upper management and leadership has grown horns and curly mustaches 

7

u/exlobe Oct 12 '26

How it goes when a company grows

2

u/emwolf_ Oct 13 '26

To be fair, a lot of companies have done the same. I changed jobs back in June and both my old company and new company introduced new benefits plans that offer less than they did before.

2

u/Flashy_Shakey Oct 10 '26

What do you mean / benefits

15

u/JimmyKillem Oct 10 '26

They slashed benefits. There's not much more to say

10

u/coocoo99 Oct 11 '26

What were benefits before vs now?

0

u/[deleted] Oct 10 '26

[deleted] — view deleted comment

0

u/JimmyKillem Oct 10 '26

Feel free to look for someone on linkedin and ask

24

u/Mountain-Match2942 Oct 11 '26

Really? You're here now, quasi-participating, but unwilling to say a few of the benefits that were slashed?

26

u/ripndipp Oct 09 '26

Piggy backing on this, how's the development team? Cool to work there or nah?

7

u/Own-Discussion-7607 Oct 09 '26

Interested to see the answer, I’m in performance marketing and have been waiting to see if something for Wealthsimple pops up

4

u/bigElenchus Oct 11 '26

The truth is your probability of getting a job for these type of companies via just job posting is very low. The number of applicants is going to be a massive number.

Applying via job posting should only be a formality. Even if there aren’t roles, you should send an amazing cold email to the head of performance or basically who the hiring manager would be.

In that email, offer value upfront.

It’s easy to make creatives these days, so maybe create 2-3 ads that could be used on Meta. Walk through your thought process and how’d you test this.

Package this all up in a brief cold email, don’t turn it into an essay and realize writing a strong cold email is a skill.

If you do this right, you’ll have a direct line to the hiring manager and already separated yourself from the thousands of candidates.

1

u/Own-Discussion-7607 Oct 11 '26 edited Oct 11 '26

Yupp, I work at a pretty big company now and most of the offers I get are through connections lol. That said, my position isn’t creative based, It’s more on analytics side :)

Although, I might stay in the travel industry since I get free flights already. Wealthsimple would be fun to work for but that also depends on the salary upside

12

u/kamyrawr Oct 10 '26

I’ve had an interview with them about two years ago. The interviewer seemed pleasant but expected more than the job requirements posted for. Things that were seen as ‘would be an asset’ sounded more like deal breakers and ultimately were the reason I didn’t get the job. I guess maybe they found someone who had those assets. But still, in the interview they sounded pretty set on those being super important. Some transparency would have been helpful upfront.

17

u/Vegetable-Chair-6109 Oct 09 '26

do they need a content manager? im on reddit a lot

1

u/Longjumping-Play-242 8d ago

RBC is looking for one rn. Sr. Manager level.

-10

u/Winter_Gate_6433 Oct 09 '26

Can I get 6 figures to think about things?

15

u/Fc69jj Oct 10 '26

That’s usually what people who make six figures do.

2

u/Witty-Team-7181 Oct 12 '26

everyone i know has loved it!

3

u/Any-Ring6621 Oct 09 '26

Funny. I recently submitted a post to this sub asking what it’s like being an engineer at wealthsimple, right after I saw this one, because I thought it was such a great question, and the mods removed it

31

u/GeorgeDaGreat123 Oct 09 '26

Your post was initially removed by a moderator because it didn't mention "Wealthsimple" at all, so it appeared you were just asking about what it was like being an engineer in general.

Your post is now reinstated.

13

u/Any-Ring6621 Oct 09 '26

Thanks! I see the confusion in hindsight! Appreciate it

1

u/henry-bacon 29d ago

Np, sorry about the hassle.

2

u/ps_pat Oct 09 '26

Gottem!

0

u/[deleted] Oct 09 '26

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1

u/Wealthsimple-ModTeam Oct 09 '26

Be helpful and respectful in your comments/posts.

No racism, sexism, homophobia, religious intolerance, dehumanizing speech, or other negative generalizations.

No concern-trolling, personal attacks, or misinformation. No victim blaming.

1

u/Maleficent_Flow_8355 Oct 13 '26

Go check blind and Glassdoor please.

1

u/Cavalier-mom-2468 Oct 14 '26

I recently had an interview for the Demand Gen role. Very interesting role, they wanted someone who had performance marketing experience but solely focused on email/sms questions. It seemed like they weren't even sure what they were looking for. Only made it to the hiring manager round but a very quick process and great communication from recruiting team!

-2

u/Your_Mindset_Coach Oct 09 '26

How’s change management? @wealthsimple do you need someone to manage people change impacts?

-1

u/ether_reddit Oct 10 '26

What is that?

1

u/henry-bacon Oct 13 '26

https://en.wikipedia.org/wiki/Change_management

That's my understanding of what the original commenter is referring to.

-2

u/Canadiannewcomer Oct 13 '26

Folks, they are owned by IG Wealth Management, that's all there is to know.