Michael Katchen

Michael Katchen of Wealthsimple is on Wealth Professional Canada's Hot List of 2015.

After a stint in Silicon Valley, Michael Katchen sold out of a tech start-up, moved his team to Canada and made a big splash by launching robo-advisor Wealthsimple. Some of the big names involved included Rotman bigwig Roger Martin; Eric Kirzner, godfather of indexing theory in Canada; and respected wealth management entrepreneur Joe Canavan. Less than a year after its launch, the company has already announced an investment from Canadian wealth management behemoth Power Financial Corp. It seems the hyper-speed deal-making velocity of Silicon Valley has arrived in the Canadian wealth management industry.