Can I use an electronic Wealthsimple statement?

Yes, most lenders and verifiers accept electronic PDFs when they include a clear issuer header, statement period, and generation date. Confirm the recipient’s policy regarding notarization or original paper copies before sending.

Do I need to notarize the statement?

Not usually. Notarization is only required when the requestor explicitly asks for a notarized or sworn copy. For cross-border or legal filings, ask the verifier whether a notarized original or RON is necessary.

What if the name or balance is wrong?

Do not alter original Wealthsimple PDFs. Instead, correct the underlying account information in Wealthsimple, re-download the statement, and provide the corrected document to the requestor.

How do I prove authenticity?

Provide the original exported PDF with a generation timestamp or a verification letter from Wealthsimple if requested. Maintain the delivery audit trail and contact details for verification.

Can an authorized agent submit on my behalf?

Yes, but the agent must provide written authorization or power of attorney documents and the verifier may require identity proof and notarization of the authorization.

How long should I keep copies?

Retain electronic copies for at least three years for tax and audit purposes; longer retention may be required under HIPAA, SEC, or state-specific rules.

Electronic Signature
Templates
Finance
Wealthsimple Financial Statement

Wealthsimple Financial Statement

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

WEALTHSIMPLE FINANCIAL STATEMENT

Client Information

Full Legal Name

Date of Birth

Tax Identification Number

Primary Residence / Mailing Address

Phone

Email

Account Information

Account Number

Account Type (select all that apply) Individual Joint Trust Corporation Other:

Account Opening Date

Primary Advisor / Representative

Assets

Cash and Bank Accounts Marketable Securities (current market value) Retirement Accounts (IRA, RRSP, 401k, etc.) Real Estate (estimated market value) Business Interests / Private Equity (estimated value) Other Assets (describe) Total Assets (sum of above)

Liabilities

Mortgage Balance Auto Loans Student Loans Credit Card Balances Other Liabilities (describe) Total Liabilities (sum of above)

Income & Expenses (Annual)

Employment Income (Gross) Investment Income (Dividends, Interest) Other Income (rental, alimony, etc.) Total Annual Income Annual Housing Expenses Annual Living / Household Expenses Other Annual Expenses (describe) Total Annual Expenses

Net Worth & Contingent Items

Net Worth (Total Assets minus Total Liabilities) Pending Litigation, Judgments, Liens, or Contingent Liabilities (describe)

Certification, Authorization and Notices

By signing below, I certify under penalty of perjury that the statements contained in this Financial Statement are true, complete and accurate to the best of my knowledge. I understand that this Financial Statement is provided to Wealthsimple for the purpose of evaluating account suitability, determining investment recommendations, and for ongoing account maintenance.

I authorize Wealthsimple, its affiliates and third-party agents to verify any information provided herein, including but not limited to contacting financial institutions, employers, credit reporting agencies and other parties as necessary. I acknowledge that Wealthsimple may rely on third-party data and that values provided may be used for purposes of margin, lending, trading privileges or other account determinations.

I agree to promptly notify Wealthsimple in writing of any material changes to the information provided. I understand that failure to provide accurate or timely information may result in suspension of services, restriction of trading, closure of accounts, or other remedial actions. I further acknowledge that intentional misrepresentation may subject me to civil or criminal penalties.

Additional Notes / Terms & Conditions (optional)

Client Name:

Signature:

Date:

What the Wealthsimple Financial Statement Is and When it’s Used

The Wealthsimple Financial Statement is a standardized account summary issued by Wealthsimple that documents account ownership, balances, holdings, and recent transaction activity. Lenders, landlords, universities, and other verifiers commonly request it as proof of funds or financial position. The document typically includes account name, account number (partially masked), statement period, ending balances, and authorized contact information, and it may be delivered as a PDF or downloadable account statement from the Wealthsimple platform.

Why the Wealthsimple Financial Statement Matters

A clear, accurate financial statement speeds underwriting, verifies funds without paper records, and reduces back-and-forth with requestors. Properly prepared statements minimize identity checks and support credit, rental, visa, or scholarship applications while retaining a clear audit trail.

Common Requestors and Typical Uses

Verified account statements are requested by a range of organizations to confirm assets, income sources, or account history.

Banks and lenders for loan underwriting and margin evaluations.
Landlords and property managers for rental application qualification.
Universities, scholarship committees, and immigration officials for proof of support.

Provide the statement directly from Wealthsimple or a certified copy to avoid delays and additional verification steps.

Who Can Complete and Sign the Statement

Account Holder

The individual or legal entity named on the Wealthsimple account. The account holder must confirm account details, authorize release, and sign any consent forms; mismatched names frequently cause verification delays or requests for additional ID.

Authorized Representative

A person formally authorized by the account holder (power of attorney or corporate officer). The representative must present written authorization and meet any identity or notarization requirements requested by the verifier.

Step-by-Step: Preparing a Wealthsimple Financial Statement

Follow these sequential steps to produce an accurate, verifier-ready statement from Wealthsimple or a downloaded account PDF.

01

Sign in: Log into the Wealthsimple account to access statements.
02

Select statement: Choose the correct account and statement period to match the request.
03

Download PDF: Export the official PDF report or snapshot from the account activity view.
04

Check details: Verify name, account number, balances, and statement dates are correct.

Key Components a Professional Statement Should Include

A complete Wealthsimple Financial Statement should be clear, dated, and contain both account-level and summary-level data so third parties can verify ownership and balances without supplemental explanations.

Header

Issuer name, Wealthsimple branding, and document title identifying this as an official account statement provided by the platform.

Account Details

Account name, account number (fully or partially masked), account type, and registered owner or legal entity name.

Statement Period

Clear start and end dates for the reporting period, displayed in consistent MM/DD/YYYY format for legal clarity.

Balances

Beginning balance, deposits/withdrawals or transactions summary, and ending balance with currency indicated.

Holdings

Summary of assets, positions or portfolio breakdown where applicable, including market values and units or shares.

Verification Block

Contact details for wealth manager/support, generation date, and any reference or statement ID used for verification.

Required Data Elements to Verify the Statement

Account Name: Exact legal name

Account Number: Full or masked number

Statement Period: MM/DD/YYYY range

Ending Balance: Amount with currency

Issuer ID: Wealthsimple reference

Contact Info: Phone and email

How to Customize and Deliver the Statement Online

Configure the delivery workflow to match the verifier’s security and format requirements, and track delivery for audit purposes.

Setting	Recommended configuration
Document Format	PDF/A export for archival
Authentication	Email link or SMS code for recipient verification
Integrations	Connectors for Google Drive or Box
Retention	Store signed copy in secure cloud

Technical Options for Signing and Sharing

Choose a platform that supports secure PDF delivery, audit trails, and the authentication level required by the recipient.

File Types: PDF, DOCX accepted
Integrations: Google Workspace, Box, NetSuite
Security: TLS in transit; AES-256 at rest

Where to Send the Completed Statement

Select the delivery channel preferred by the requestor and ensure the recipient can authenticate the statement or contact Wealthsimple for direct confirmation.

Direct Upload: Submit to lender or portal as PDF
Email to Requestor: Send secured PDF with password protection
Third-Party Verifier: Provide statement ID for verification
Physical Copy: Print and notarize if required

Typical Timelines and Processing Expectations

Timing depends on the requestor’s process and whether additional verification is requested; plan ahead to allow for manual checks or notarization.

Immediate Requests:

Same-day download and send for most requestors

Lender Verifications:

1–5 business days for verification checks

Notarization Windows:

Schedule 1–3 business days for in-person notarization

RON Sessions:

Allow 1–2 business days for setup and session

Retrospective Requests:

Provide archived statements within 30 days typical

Common Preparation Errors to Avoid

Using an incorrect statement period that does not match the verifier’s requested dates, causing processing delays or rejections.
Redacting essential data like account holder name or balance without confirming the verifier accepts redacted statements.
Submitting screenshots or cropped PDFs that omit a statement ID, generation date, or issuer header.
Failing to confirm whether the verifier requires notarization or an original paper copy, which leads to rejected submissions.

Risks and Consequences of Incorrect Statements

Verification Delay: Extended processing time

Application Denial: Risk of loan or rental rejection

Tax Impact: Incorrect figures may affect filings

Fraud Allegations: Misstated data can trigger investigations

Privacy Breach: Unauthorized disclosure penalties

Notarization Failure: Document not accepted

Real-World Examples of Use

Below are two representative scenarios showing how a Wealthsimple Financial Statement is used by requestors in different contexts.

Mortgage Application

A borrower submits a current Wealthsimple statement for proof of assets

lender confirms account balance and ownership
the verified statement reduced document requests and supported loan approval after a two-day verification.

International Visa Support

An applicant includes a Wealthsimple statement to evidence funds

consulate requests contact verification
providing a dated PDF and Wealthsimple contact expedited the sponsorship confirmation process.

Key Milestones From Preparation to Submission

Track these sequential milestones to keep the verification process on schedule and document each completed step for audit purposes.

01

Prepare Statement

Download correct period and verify data before sharing.

02

Authenticate Recipient

Confirm where and how the verifier accepts the file.

03

Deliver Document

Send via verified channel with audit trail.

04

Record Retention

Store signed/delivered copy per retention policy.

Practical Tips for Accurate, Efficient Statements

These best practices reduce verification friction and improve acceptance rates across lenders, landlords, and other requestors.

Verify the Period

Always match the exact statement period requested. Discrepancies are the most common cause of follow-up requests and verification delays.

Preserve Metadata

When exporting PDFs, keep headers, generation timestamps, and file names intact so third parties can confirm authenticity quickly.

Confirm Acceptance

Ask the verifier whether electronic PDF copies, notarized originals, or RON notarizations are acceptable to avoid unnecessary steps.

Limit Redactions

Only redact nonessential information and confirm the recipient accepts redacted versions; over-redaction often invalidates the document for verification.

eSignature Cost and Feature Comparison for Delivering Financial Statements

A neutral comparison of common eSignature vendors and their basic pricing and compliance characteristics to consider when sending Wealthsimple Financial Statements electronically.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes (Business Premium)	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Frequently Asked Questions and Troubleshooting

Answers to common questions about document acceptance, electronic delivery, notarization, and correcting errors on Wealthsimple Financial Statements.

Need help? Contact support

Can I use an electronic Wealthsimple statement?
Yes, most lenders and verifiers accept electronic PDFs when they include a clear issuer header, statement period, and generation date. Confirm the recipient’s policy regarding notarization or original paper copies before sending.
Do I need to notarize the statement?
Not usually. Notarization is only required when the requestor explicitly asks for a notarized or sworn copy. For cross-border or legal filings, ask the verifier whether a notarized original or RON is necessary.
What if the name or balance is wrong?
Do not alter original Wealthsimple PDFs. Instead, correct the underlying account information in Wealthsimple, re-download the statement, and provide the corrected document to the requestor.
How do I prove authenticity?
Provide the original exported PDF with a generation timestamp or a verification letter from Wealthsimple if requested. Maintain the delivery audit trail and contact details for verification.
Can an authorized agent submit on my behalf?
Yes, but the agent must provide written authorization or power of attorney documents and the verifier may require identity proof and notarization of the authorization.
How long should I keep copies?
Retain electronic copies for at least three years for tax and audit purposes; longer retention may be required under HIPAA, SEC, or state-specific rules.

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