Investing · Robo-advisor review
Questwealth Portfolios review
The price leader by a wide margin — half the management fee of most rivals, with published underlying costs so the all-in number is actually knowable.
Best for: Anyone who wants their portfolio managed and refuses to donate half a point a year for the privilege
Pros
- 0.25% management fee, 0.20% past $100,000 — roughly half the field
- Publishes its ETF MERs (0.17%–0.22%) — all-in ~0.37%–0.47%
- Full registered lineup including RRIF, FHSA and LIRA
- Transfer fees rebated to $150 per account at any balance
Cons
- $1,000 minimum before your money is invested
- No dedicated advisor — support team only
- SRI portfolios cost more (0.21%–0.35% MERs) and there’s no halal option
Who Questwealth is
Questwealth Portfolios is Questrade’s managed arm — the same CIRO dealer and CIPF member behind Canada’s most complete $0 brokerage, running model ETF portfolios with quarterly billing calculated daily.
Its identity is one number: 0.25%, dropping to 0.20% at $100,000. Nobody else in the percentage-fee field is close, and unlike most rivals it publishes the ETF costs underneath, so the true all-in price — roughly 0.37%–0.47% — is on the page, not in a footnote you can’t find.
What the low fee buys (and skips)
You get diversified, automatically rebalanced ETF portfolios across the risk spectrum, inside every account that matters — TFSA, RRSP, RRIF, FHSA, RESP, LIRA. You skip the concierge layer: there’s no named advisor, no financial-planning sessions, no tax-loss-harvesting service. Questwealth bets you’d rather keep the 0.2%–0.3% a year those cost elsewhere.
Over a retirement, that bet compounds seriously — run 0.45% against 0.75% all-in through our MER calculator on your own balance and decide if the hand-holding is worth the gap.
For retirees
RRIF support means the portfolio can convert at 71 and stay; the missing piece is drawdown design — there’s no dedicated income portfolio, so you’ll set the withdrawal mechanics yourself with the RRIF schedule and our cash strategy. Retirees who want a human and income-built portfolios should read our Justwealth review before deciding.
Frequently asked questions
What does Questwealth Portfolios cost, all-in?
Management fee: 0.25%, dropping to 0.20% at $100,000. Underneath: 0.17%–0.22% published (SRI 0.21%–0.35%) — all-in roughly 0.37%–0.47%. Minimum: $1,000. Figures verified at the provider's own pages on June 10, 2026 — see how the all-in cost ranks on our Best robo-advisors comparison, and what fee differences compound into with the MER calculator.
Which accounts does Questwealth Portfolios support? Can it hold a RRIF?
TFSA, RRSP, RRIF, FHSA, RESP, LIRA. Yes — RRIF support means the portfolio can convert at 71 and stay managed, with no forced transfer. See the RRIF minimum calculator for the drawdown schedule.
Is my money safe at Questwealth Portfolios?
Questrade is a CIRO investment dealer and CIPF member. CIPF covers up to $1M per account-category group against the firm failing — never against markets falling. For cash deposits (a different regime), see the CDIC coverage planner.
The bottom line
If the question is "managed portfolio, lowest cost, no compromises on accounts," Questwealth is the answer and it isn’t close. Pay more elsewhere only if you’re explicitly buying advice or drawdown design — see the full robo comparison.
Ready to compare Questwealth Portfolios against the field?
The whole field, verified at the source and ranked.
This review is for educational purposes only and is not investment advice. Commissions, FX rates, account fees and offers shown were verified at the broker's own published pricing on June 10, 2026 and change without notice. Our editorial rating reflects costs, account lineup, currency handling and service — it is never paid for. CIPF protects against member-firm insolvency, never market losses. Confirm current terms on the broker's site before opening an account. See our methodology.