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The best Robo Advisor in Switzerland? It asks you the right questions like a good asset manager in a personal conversation, is clearly cheaper than this and absolutely transparent. At least these would be 3 important criteria for a Robo Advisor Switzerland comparison, wouldn't they?
In this article, you will learn about various Swiss robo advisors and compare them with each other. We will also briefly discuss what a robo advisor actually is and What you must pay attention to when choosing must. Because the growing range of Swiss robo advisors is becoming ever broader, you should pay attention to a few points when making your choice.
This post takes you to the Robo Advisor Switzerland Comparison to the hand. Let's start directly with a tabular overview of all Swiss robo advisors that we have already been able to examine more closely or even test.
The best Robo Advisor in Switzerland? It asks you the right questions like a good asset manager in a personal conversation, is clearly cheaper than this and absolutely transparent. At least these would be 3 important criteria for a Robo Advisor Switzerland comparison, wouldn't they?
In this article you will learn about different Swiss Robo Advisor and compare them with each other. We will also shortly discuss what a robo advisor actually is and What you must pay attention to when choosing must. Because the growing range of Swiss robo advisors is becoming ever broader, you should pay attention to a few points when making your choice.
This post takes you to the Robo Advisor Switzerland Comparison to the hand. Let's start directly with a tabular overview of all Swiss robo advisors that we have already been able to examine more closely or even test.
| True Wealth | Finpension Invest | Findependent | Selma Finance | Clevercircles | Inyova | Kaspar& | |
|---|---|---|---|---|---|---|---|
 |  |  |  |  |  |  | |
| Management fee | 0.25 - 0.50% | 0.39% all-in-fee | 0.29% - 0.40% | 0.42% - 0.68% | 0.45% - 0.65% | 0.6% - 1.2% | 0.57% - 0.85% |
| Product costs | 0.14% - 0.22% | 0.08% - 0.1% | 0.12% - 0.23% | 0.22% | 0.15% - 0.20% | - | - |
| Minimum investment | CHF 8'500 | CHF 1 | CHF 500 | CHF 2'000 | CHF 5'000 | CHF 2'000 | CHF 1 |
| Special advantages | - Extremely cheap - Optimized for Swiss francs - Optional sustainable investment - Desktop and mobile app - Uncapped state guarantee for cash deposits - Children's depot | - Savings plans for deposits and withdrawals - Up to 10 strategies - Tax benefits for ETFs and management - Private equity access - Pension plan and vested benefits also available | - Very cheap - Low minimum investment - App and desktop solution - Children's depot | - Very cheap - Optional Sustainable Investment - Pillar 3a - App and desktop solution | - Community approach - App and desktop solution | - Focused Sustainable Investment - Pillar 3a - App and desktop solution - Children's depot | - Rounding up function - Children's depot |
| Disadvantages | - Minimum investment for beginners a bit high | - Only with residence in Switzerland | - No pillar 3a | - Fees could be lower | - Fees - No pillar 3a | - Fees | - Few setting options |
| Promotion? | 0.25% Fee reduction In the 1. year | CHF 25 fees for free | CHF 20 starting bonus | CHF 34 Start bonus | CHF 100 starting bonus | 6 months no fees + Plant 2 trees | CHF 12 Start bonus |
| Schwiizerfranke Rating |  | |  |  |  |  |  |
| Test report | Test report | Test report | Test report | Test report | Test report | Test report |
To answer this question, we should first take a brief look at how a robo advisor (also known as a digital asset manager) works.
A robo advisor is a Algorithmwho carries out a risk assessment of you and then assigns a predefined Investment strategy adapted and implemented for you.
That was too fast? No problem, let's take a step-by-step look at how a robo advisor works.
When you open a Robo Advisor, you will be asked questions in a similar way to a conversation with an asset manager at a bank. Based on your answers, a Assessing your risk tolerance created. So it checks how long you can spare your money (how long your Investment horizon is).
Furthermore, you will be asked, for example, whether you are able to withstand fluctuations in your investments, and what you would do in the event of a market correction. Should you have debts or other obligations such as a Mortgage or a uncertain income have, checks and considers this a reputable Robo Advisor also.
Once the Robo Advisor has received your information, it can evaluate it within a very short time. A previously defined Robo Advisor investment strategy is then adapted to you and implemented.
Most of the Swiss Robo Advisors rely on a passive investment strategy. This means that broadly diversified investments are made in financial markets in order to minimize risk.
Differences exist in Robo Advisor investment strategies mostly in terms of Sustainability (ESG). Some Swiss Robo Advisors are committed to 100% and position themselves as sustainable Robo Advisors. Some others, however, offer an optional adjustment of the portfolio at the push of a button if a sustainable investment strategy is desired.
Robo Advisor Fees are always guaranteed compared to performance. These are fixed and with good providers transparent and presented in a simple and understandable way. Hopefully, the following table will help you to estimate the fees. Note, however, that there are often still small deviations in the Robo Advisor fees. Currency exchange, stamp duties or other cost items are not always shown and included the same. The largest Robo Advisor cost items are broken down in the following table.
A good digital asset manager sets for you convenient and inexpensive ainvestment strategy tailored to your needs.. He operates the so-called Rebalancing for you, so make sure your portfolio is always optimized and tailored to your needs.
Compared to the asset management at your house bank, the Robo Advisor will significantly cheaper be. Furthermore, he offers you a service that asset managers otherwise often only offer from seven-digit investment volumes.
With a digital asset manager, you always have the Control and thanks to website or app the Overview about your investments and finances. You don't have to rely on conversations with a bank advisor (which are often more like a sales pitch than an advisory meeting) to make adjustments to your portfolio.
All in all, CH Robo Advisors offer you a cheap and individual way to make your money work for you. You will be fully taken care of, receive documents for your taxes automatically, have always Contact for possible questions and still do not have to deal with the financial markets all the time.
Your key to success! Discover our top recommendations from real testimonials.
One of the biggest robo advisor drawbacks is the limited flexibility. You happen to have specialized knowledge and want to implement it in your investment strategy?
Depending on the provider, this is only possible to a limited extent. Some Swiss Robo Advisors allow adjustments to the strategy (e.g. adding precious metals, investing sustainably, or weighting certain countries more or less heavily). However, this has its limits, as otherwise the predefined strategy can no longer be implemented in a meaningful way.
You could also say that this is precisely the strength of a robo advisor, as it protects against irrational behaviour. With a classic robo advisor, you cannot, for example, set it to buy more Geberit shares and completely exclude ABB shares. Instead, investments are automatically made in a pre-defined investment strategy and your assets are conveniently managed for you.
However, with some robo-advisors you can specify that, for example, defence companies are excluded or that a special focus is placed on Swiss companies.
When investments can be made digitally and without visiting a branch, geographical borders are no longer a barrier.
However, you should be careful from a tax point of view and because of the currency risk.
A good Swiss robo-advisor will optimise your investments in terms of risks and taxes in Switzerland.
If you want to leave Switzerland in the long term and spend your retirement in Thailand, for example, you can skip this point. But if you want to use your income in Swiss francs in the future, CHF optimisation makes sense.
After all, every currency exchange also incurs exchange fees. A good provider for online asset management throughout Switzerland takes this into account and minimises currency exchange fees.
When it comes to tax returns, some local providers even offer you an e-tax statement. This makes filing your tax return a breeze, but more on that later.
Interim summaryIt makes sense to narrow down the Robo Advisor comparison across Switzerland. A Robo in the category "Best Robo Advisor Switzerland-wide" probably offers us more advantages locally than the best Robo Advisor in Europe or worldwide.
Even if some providers want to distinguish themselves through special investment strategies or orientations, a comparison of robo advisor performance is not easy.
Schwiizerfranke has been testing some of the above providers for years with Robo Advisor Investments to create a Robo Advisor performance comparison.
So far, however, no clear picture has emerged, as the Performance of the robo advisor has fluctuated from year to year. It would not be serious to draw conclusions at this stage. The differences in performance over the years have not been great so far.
This observation in the Robo Advisor Performance Comparison is not surprising, since in the long run (+20 years) almost no one beats the market (source Gerd Kommer **).
The Robo Advisor investment strategy is only one side of the coin. While performance is never guaranteed, fees are.
"Intelligent people learn from the mistakes of others".
We have compiled our top selection for you from all our tests and experience reports:
In this Robo Advisor Switzerland comparison you could learn what a Robo Advisor is, what advantages and disadvantages it offers you and what you should look for when choosing one.
The inexpensive Robo Advisor Fees are increasingly competing with banks.
In addition, many providers generally offer far more insights and Transparency into the investment process. Especially since the portfolio can be viewed in a Robo Advisor at any time and also changed if desired. More and more banks are recognizing this and are now offering their customers Robo Advisors themselves.
Anyone making a robo advisor comparison should, in addition to the Fees, the performance and the Strategy also on points such as the Tax statement and the Security pay attention.
Interesting would be, if you share in the comments, what is the most important criterion for you when choosing a robo advisor.
While some Robo Advisors offer investments starting at CHF 1, for others we are quickly talking about several thousand or even ten thousand francs.
Since not every investor has a high starting capital at the beginning, there is sometimes no way around a change of the Robo Advisor. So you can start with a Robo Advisor like Selma Finance or Findependent, where you can start with a small minimum investment volume. As your portfolio grows over the years and you want to further optimize the fees, you can consider switching.
The presented Robo Advisors all have a Swiss partner bank and therefore a deposit insurance up to CHF 100,000 for cash deposits.
Cash deposits are all cash holdings. Since a Robo Advisor is supposed to invest, cash deposits are usually rarely larger than CHF 100,000. Those who nevertheless have larger cash holdings and want to hedge them can do so with a Robo Advisor with a cantonal bank as a partner bank. True Wealth, for example, offers two banks to choose from, one of which is BLKB. Their state guarantee covers your cash holdings in an uncovered amount.
All securities (shares, bonds, etc.) always belong to you and do not fall into the insolvency estate in the event of a theoretical insolvency of the robo advisor, but are returned to you.
With digital providers, the users themselves often pose the greatest risk. Robo advisors that focus on IT security, however, have appropriate measures in place to deal with this preventively.
If, for example, a fake email lands in your inbox and hackers steal your login data, this is often of little use to them. With some robo advisors, the money can only be transferred to the deposited reference account.
Robo Advisor security in terms of IT is further complemented by two-factor authentication with some providers.
You can get a Robo Advisor tax statement from all providers, but there are differences.
The deluxe version? An E-Tax tax statement. If you do your tax return online, you can simply upload an E-Tax tax statement in almost all cantons and you're done! Your cantonal tax office can import this document and record all transactions automatically. You have about 1min of work.
Unfortunately, not all robo advisors offer an e-tax tax statement yet.
15 responses
Hello Eric and community
A few years ago, I opened an account with Saxo for free assets. The shares and a few ETFs didn't bring the returns I had hoped for due to my lack of skills and time...
I now (finally) intend to invest my 3a accounts and free assets in funds (ETFs or index funds). Due to my limited skills, I tend to favour solutions for "dummies". Strategy:
1. 3a account: defensive
2.-x. 3a account: medium-offensive to offensive
Free assets: offensive
I actually find True Wealth interesting because of its simplicity and low-cost fee structure. However, what bothers me about TW is that I have to have one and the same investment strategy for all 3a accounts and the free assets.
So is it better to work with several different providers?
Or do I value the "free choice" too highly and the bottom line is that I could choose a uniform risk strategy for all accounts (deposit min. 20 years)?
Finpension also makes a good impression for 3a and fV, but "only" offers funds from Swisscanto.
I look forward to hearing your experiences and opinions.
Best regards, Pierre
Hello Pierre
Thank you very much for your comment!
Personally, I am a fan of goal-oriented investments. Example: If you are aiming to save for retirement in 20 years' time with a 3a pot, for example, why invest defensively?
However, if the 3a pot is intended for an early withdrawal (e.g. for a home) and will be needed in five years' time, it should be approached defensively.
If you know where which money belongs, you can develop an investment strategy for each goal. By the way, I show you how this works in practice in the FinanceTimetable 😊
Hello Eric
Use 2 or 3 Robo Advisors at the same time? Is that a good idea?
As you should also invest your money in a broadly diversified way, I thought of investing part of my money in 2 or 3 Robo Advisors. What do you think?
Best regards and thank you in advance for your reply
Tanja
Hello Tanja,
if you invest in a targeted way, this can be a way to utilise different investment strategies for different investment goals.
Just pay attention to the fees, you can use them depending on the volume so that the fees don't get "out of hand" 🙂
Is that still up to date? Because Kaspar& now has the 3a pillars.
Is inserted in the table and in the test report 🙂
Hello to you
What I find exciting would be a performance comparison of the providers - the available strategies can certainly be compared.
For example, True Wealth shows a meagre performance of 3.81% (time-weighted) in the current year.
Hi Toni,
the comparison is just not that easy to make.
The performance depends strongly on the chosen strategy and should only be compared over the very long term, if at all, and only with the same strategies (share proportion). But even then, the comparison should not only be based on the return, but also on the risk (fluctuation), for example.
Hello, Is there any update on the Robo Advisorn offering a children's portfolio? Greetings Remo
Hello Remo, here is a Contribution on the topic of "Investing for children".
But since there are not many robos yet, a separate contribution is not yet worthwhile.
I hope that changes soon 🙂
Dear greetings
Eric
Yes, True Wealth,
Hello
I have had a portfolio with TrueWealth for 2 years and am very satisfied with it. Even during price corrections, TW has reacted ok and has not shifted too much in each case.
A few years ago, I opened a children's portfolio for my son at the wealth centre, as TW does not (yet) offer children's portfolios. The VZ app and VZ website are mediocre and not very user-friendly. However, the VZ product 'Saving with ETF' is quite ok for a children's portfolio. Fees: approx. 0.7% (0.55% management fee + approx. 0.15% product costs). VZ provides tax statements free of charge. It is a pity that VZ is rarely mentioned in robo comparisons.
Greetings, Eliana
Dear Eliana
Thank you for your feedback. There are of course several other robo advisors, which is why this article is limited to the offers with the most questions from Schwiizerfranke readers 🙂 As you say, VZ is a little more expensive, but also offers more of an interim solution. As far as I know, you can also add or deselect individual ETFs. So it's a more "active" approach, like Clevercircles offers (albeit in a different way). What has not yet been fully digitalised at VZ is the opening process. Here you have to turn up in person and are greeted by a consultant in a suit. This appeals to some, while others prefer to open the securities account from home and contact the advisor by phone if they have any questions.
A Children's account Inyova also offers the rest.
Anyway, thank you so much for your feedback!
Dear greetings
Eric 🙂
Hello Eric
Yes, the VZ is conservative. It is also somewhat opaque. It was only during the consultation that I was recommended the most favourable investment product with the wooden title 'Saving with ETFs'. I still don't think this investment product is on the website.
I find the VZ approach rather passive. According to Gerd Kommer (or Andreas Beck), there is no such thing as completely passive investing. With VZ, you can choose between 7 investment strategies. If you want, you can still buy shares yourself.
What is attractive about VZ is that you can save for a 3rd pillar portfolio and then transfer the ETFs to a regular portfolio when you retire and continue saving. This is not possible with VIAC or frankly.
Thanks for the tip regarding Inyova. But it seems to me to be more expensive than VZ: "Inyova costs between 0.6% and 1.2% of your investment amount per year, depending on how much you invest."
Dear greeting, Eliana
With regard to the transfer of pension assets to free assets, please note that some providers advertise this. However, on closer enquiry, it is then admitted that this is not really possible anywhere. As other regulatory provisions apply in the area of pension provision, the funds cannot simply be "transferred". In the end, there will always be a sale and a subsequent purchase. This is not a tragedy; there may simply be transaction fees.
If this is not the case with one of the providers - please contact their marketing department!
Thank you so much for your input 🙂 .