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Chris Nicola

Co-founder & CTO, WealthBar; now CEO, Nicola Wealth, WealthBar

Fintech

Chris Nicola co-founded WealthBar, the Vancouver online investing service that paired managed portfolios with a human financial planner, and ran its technology as CTO. He announced its official launch for November 3, 2014, stayed through CI Financial's 2019 purchase of a majority stake, and left CI Direct Investing in December 2020. He is now CEO of Nicola Wealth.

Chris hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Chris co-founded WealthBar, which appears in 1 talk in the archive.

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Quick answers

Did Chris Nicola co-found WealthBar?

Yes. CI Financial's December 14, 2018 announcement of the deal (ir.cifinancial.com) says WealthBar's management "is led by Chris Nicola, Co-Founder and Chief Technology Officer" alongside Tea Nicola, Co-Founder and CEO. The Globe and Mail described him the same way on October 17, 2014, when he said "Our official launch is Nov. 3" from a Money Show booth in Toronto. Investment Executive (December 3, 2020) adds that he was also president of the company.

What happened to WealthBar?

CI Financial agreed to buy a majority stake on December 14, 2018 and completed the purchase in January 2019 (Investment Executive, January 23, 2019). In May 2020 CI bought the remaining 25 percent and merged WealthBar with Virtual Brokers as CI Direct Investing (Wealth Professional, December 3, 2020). Tea and Chris Nicola left CI Direct Investing at the end of December 2020, and the wealthbar.com address now redirects to CI Financial's site (checked 2026-10-24).

What does Chris Nicola do now?

He is Chief Executive Officer of Nicola Wealth, the Vancouver wealth manager founded by his father John Nicola. The firm's leadership page and his bio page (nicolawealth.com, read 2026-10-24) list him as CEO. The Globe and Mail reported on October 1, 2024 that he had been chief strategy officer and was appointed president as John Nicola began a year-long handover, with Wealth Professional (November 18, 2024) reporting he would take the CEO role when his father stepped down at the end of 2025.

Has Chris Nicola spoken at TechTO?

No. WealthBar's connection to TechTO runs through co-founder and CEO Tea Nicola, who spoke at TechVancouver in 2016 on "Success through Human Capital". Chris Nicola has not appeared on a TechTO or TechVancouver stage.

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Maintained by TechTO · facts sourced and dated · last reviewed Oct 24, 2026