Richify vs Wealthica

Wealthica is a Canadian account-aggregation platform that connects to 100+ banks, brokerages and crypto exchanges to give you one net worth and portfolio dashboard, with strong dividend tracking and an add-on marketplace.

6
Richify Wins
3
Tied
3
Wealthica Wins

Feature Comparison

FeatureRichifyWealthica
Net Worth Tracking (CAD)
RRSP / TFSA / FHSA / RESPNative account typesVia linked institutions
Property & Mortgage in Net WorthBuilt-in, manualManual asset entry
Account Aggregation (auto-sync)100+ CA banks & brokers
Privacy-First (no bank linking)Manual entry, no linkingRequires linking to auto-sync
AI Explanations & CoachingBuilt-in AI (Felix)
What-If Scenario PlanningRRSP vs TFSA, FHSA, mortgage paths
Dividend & Investment TrackingHoldings & allocationStrong dividend tracking
Compare to Canadians Your AgeAge benchmarks
Multi-Country Support7+ countriesCanada-focused
Add-On / Integration MarketplaceAdd-on marketplace
PricingFree trial, then paid plansFree core + paid add-ons

✅ Why Choose Richify

  • Built-in AI (Felix) that explains your finances in plain English
  • What-if scenarios: RRSP vs TFSA, FHSA paths, mortgage rates, retirement timing
  • Property and mortgage included in net worth, not just investment accounts
  • Privacy-first: manual entry, no bank linking required
  • Compare your net worth to Canadians your age
  • Multi-country (track assets beyond Canada in one place)

Wealthica's Strengths

  • Automated aggregation across 100+ Canadian banks and brokers
  • Mature dividend and investment tracking
  • Add-on / integration marketplace
  • Hands-off auto-sync once accounts are connected
  • Long-established Canadian user base
🏆

The Verdict

Wealthica is the stronger choice if you want fully automated aggregation across Canadian banks and brokerages and mature dividend tracking. Richify is the better fit for Canadians who want built-in AI explanations, what-if planning across RRSP/TFSA/FHSA and mortgages, property included in net worth, and privacy-first manual entry with no bank linking. Many Canadians value Richify's clarity and control; Wealthica wins on automation. Richify offers a free trial before paid plans.

Last reviewed: · Reviewed by the Richify team

Try Richify Free

Track your net worth, run calculators, and get built-in AI insights — all in one app. Start with a free trial.

Try Richify — Free Trial

❓ Frequently Asked Questions

Is Richify a good Wealthica alternative for Canadians?

Yes. Both track Canadian net worth across registered accounts. Richify differs by adding built-in AI explanations, what-if scenario planning (RRSP vs TFSA, FHSA, mortgage paths), property and mortgage in the same view, and privacy-first manual entry that never requires linking a bank. Wealthica is the better fit if your priority is automated account aggregation across 100+ Canadian institutions.

Does Wealthica link to Canadian banks and brokerages?

Yes. Wealthica's core strength is account aggregation — it connects to a large range of Canadian banks, brokerages, and crypto exchanges to auto-sync balances and holdings, including registered accounts like RRSP, TFSA and FHSA held at those institutions.

Can I track RRSP, TFSA and FHSA in Richify?

Yes. Richify treats RRSP, TFSA, FHSA and RESP as native Canadian account types, alongside property, mortgages, GICs, cash and crypto, so your full Canadian net worth sits in one CAD view.

Do I have to link my bank accounts to use Richify?

No. Richify is privacy-first and manual-entry — you add your accounts and assets yourself, so your banking credentials are never shared. This is the main trade-off versus Wealthica's automated syncing: less automation, more privacy and control.

Which is better for property investors?

Richify. It includes property equity and mortgages directly in your net worth and scenario planning. Wealthica focuses on investment and bank accounts; property is added as a manual asset rather than modelled in detail.

Does Richify give financial advice?

No. Richify is educational — it explains, models, organizes and benchmarks your finances, but it does not direct you to buy or sell specific products. Always confirm decisions with a licensed advisor.

Comparison is educational only. Features and pricing may change. We strive for accuracy but recommend verifying directly with each service.