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Oliver Herren

True Wealth removes the minimum fee

09.03.2016
Felix Niederer

True Wealth, the number one in online wealth management in Switzerland, is scrapping its previous minimum quarterly fee of CHF 25. This change will take effect retroactively from January 1, 2016.

No minimum fee - no hidden costs

The management fee of 0.50 percent per year, which also includes transaction costs, therefore applies to all investors in the wealth management platform. True Wealth also continues to include no custody account fees, no retrocessions, no postage fees and no service fee. Deposits and withdrawals to external bank accounts are also free of charge.

True Wealth is therefore not only one of the most advanced, but also one of the most affordable providers of online wealth management in Switzerland.

A comparison of Swiss robo-advisory platforms
Disclaimer: We have taken great care with the content of this article. Nevertheless, we cannot exclude the possibility of errors. The validity of the content is limited to the time of publication.

About the author

author
Felix Niederer

Founder and CEO of True Wealth. After graduating from the Swiss Federal Institute of Technology (ETH) as a physicist, Felix first spent several years in Swiss industry and then four years with a major reinsurance company in portfolio management and risk modeling.

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