Mike Katchen
6 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Apr 17, 2023 by Mike Katchen · across every show →
On the record as a speaker too: Mike Katchen's record, appearances and statements → this page counts the times other people say the name.
Everything said about Mike Katchen, oldest first
Apr 17, 2023
Wealthsimple used six months of data to convince regulators of digital onboarding
“It took us another, like, six months of showing them the data of, like, how phone calls really didn't change the answer for people, and people really didn't want, young people in particular, like, really didn't want to speak to anybody on the phone. To convinc…”
Apr 17, 2023
Regulators initially forced Wealthsimple to call every new customer for suitability
“It took us like six months to get the approval, which felt like forever. Maybe it wasn't in a regulatory world, but then even when we got approval, we actually had all these conditions on it where we had to call every single client who signed up to do a suitab…”
Apr 17, 2023 positive
Apr 17, 2023
Wealthsimple's early corporate lunch and learns reliably converted 20% of attendees
“If I did one of these presentations, 20% of the audience would become a client, became the first like reliable customer acquisition channel we found. And it didn't matter how big the audience. So if there were five people, we get one client. If there were a hu…”
Apr 17, 2023
Wealthsimple gave its founding CIO seven days to pass five financial courses
“I told him that we were planning to submit our application to the regulators in 10 days, and that if he wanted the job as our CIO, he would need to complete these, like, five requisite courses and pass them within seven days so that we could put his name onto …”
Dec 26, 2024 positive
Wealthsimple Acquired Its First Users Through Corporate Lunch and Learns
“Mike Katchin started by doing lunch and learns. He literally would run around Toronto with lunches back like 10 years ago when he started just to do lunch and learns about finance and investing in different companies. And that's how he got his first few users.”