Should I consolidate my TFSA investments from CIBC to Wealthsimple?

Investing

I'm 39, currently have a self managed portfolio with Wealthsimple where I mostly hold XEQT

I also have a TFSA mutual fund portfolio with CIBC that’s invested in higher risk mutual funds.

I'm trying to figure out if it’s worth keeping both, or if I should move the TFSA funds from CIBC into Wealthsimple and just keep everything in XEQT.

Is there any advantage to keeping the CIBC mutual funds?

For context: I am investing for the long-term and comfortable with higher risk.

Curious what others here have done.

Posted Mar 5, 2026, 11:35 AM UTC

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