Questrade

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Questrade Financial Group
TypePrivate
FoundedOctober 1, 1999; 22 years ago (1999-10-01)
Headquarters,
Key people
Edward Kholodenko (CEO)[1]
Dean Percy (CFO)
ServicesStockbroker
Electronic trading platform
Robo-advisor
Number of employees
500 (2020)
Websitewww.questrade.com

Questrade is an online brokerage firm and wealth management firm based in Canada. It is Canada's largest discount broker.[2]

Products and services[]

The company was created by Edward Kholodenko with three partners and launched in 1999.[3] As of early 2020, the company was Canada's fastest growing online brokerage firm[4] and has $20 billion under management, as of February 2021.[5] Questrade has expanded to include robo-advising with its Questwealth Portfolios which invests in portfolios based on ETFs.[6] In December 2019, Questrade applied for a banking license signalling its intent to offer banking services.[7]

References[]

  1. ^ "Edward Kholodenko, Questrade Wealth Management Inc: Profile and Biography - Bloomberg Markets". Bloomberg.com.
  2. ^ Sridhar, Sagar (January 29, 2020). "Questrade Canadian Review (2020)". Personal Finance Freedom.
  3. ^ "Is Questrade the right investment solution for you?". MoneySense. March 5, 2020.
  4. ^ Inc, Questrade (March 5, 2020). "Questrade named one of Canada's Best Managed Companies for ninth consecutive year". GlobeNewswire News Room.
  5. ^ "Who We Are - We're Investors Too". Questrade. 2021-02-05. Retrieved 2021-02-05.
  6. ^ "Questrade's new robo-advisor service showcases rock-bottom fees". MoneySense. November 3, 2018.
  7. ^ "Questrade applies for Canadian banking licence" – via The Globe and Mail.

External links[]

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