Letztes Update: 22. August 2024
In the Robo Advisor Comparison you will find the best Swiss Robo Advisors. There is no “one” Robo Advisor that outshines all others. So you have to invest some time in the beginning to find the right one for you. This Robo Advisor Comparison Switzerland should help you with that and if you are still not sure, then book the financial deposit financial advice.
Why some Swiss Robo Advisors did not make it into the comparison, you will also find out in this article.
What is a Robo Advisor?
A robo advisor is an automated, digital investment advisor that uses algorithms to create personalized investment strategies for investors. Some providers define themselves more as investment apps that let you invest your money in a diversified portfolio of different asset classes like stocks, bonds, ETFs or commodities in a cost-effective and largely automated way. Among investors, the term Robo Advisor has become generally accepted for both, which is why I also speak of Robo Advisors here. They are particularly suitable for savings plans, as you transfer money from your private account to the Robo Advisor – preferably by standing order – and it then takes care of everything else for you.
When you open a securities account, you answer questions about your risk tolerance, your investment goals and your financial situation. Based on this information, the Robo Advisor puts together an individual portfolio for you or simply assigns you a stock quota. Some Robo Advisors define quotas per asset class and as soon as this quota is under- or exceeded, the Robo Advisor restores the original weighting. Others are more active and use other key figures for weighting.
Advantages Robo Advisor
- Cost-effective: Often lower fees than with asset management mandates or strategy funds from the house bank.
- Diversified: Usually invested in different asset classes (stocks, bonds, real estate, commodities, etc.) to spread risk and optimize returns.
- Simple: Also suitable for beginners, as no expertise is required.
- Accessible: Often achievable with small amounts.
- Emotionless creation: You are not encouraged to act.
Disadvantages Robo Advisor
- Can only be customized to a limited extent.
- Possibly depending on the algorithm. Misjudgments can influence the investment result.
- Higher cost than a do-it-yourself portfolio.
Robo Advisor Switzerland Fees
To determine the costs involved, you usually have to dig a little deeper. Not all providers are transparent about all costs incurred. For example, the costs for currency exchange are concealed or it is not mentioned whether VAT is still due on the various fees or not.
It is also annoying that many providers talk about an all-in fee, but mean completely different things by it. A good Robo Advisor has a cost page where all costs are listed and explained in an understandable way. For example, there are costs that are incurred only in setting up and dismantling the strategy (such as currency surcharges, stamp and exchange fees, etc.) and other, ongoing costs that are usually incurred annually. This cannot always be calculated down to the last centime for every strategy, but potential customers should be given a transparent overview. In the Robo Advisor comparison, it is apparent whether these costs are additionally incurred for set-up and dismantling.
I find it annoying to see window offers with low percentages, but they often hide the fact that there are additional product fees. If you add these, the providers are usually anything but cheap.
Robo Advisor Comparison Switzerland
Descartes vs. findependent vs. finpension vs. Inyova vs. Kaspar& vs. Selma vs. True Wealth vs. wiLLBe
 |  |  |  |  |  |  |  | |
|---|---|---|---|---|---|---|---|---|
| Launch | 2016 | 2021 | 2024 | 2019 | 2022 | 2017 | 2014 | 2022 |
| Depotbank | Lienhardt & Partner Privatbank | Hypothekarbank Lenzburg | finpension | Saxo Bank Schweiz | Hypothekarbank Lenzburg | Saxo Bank Schweiz | Basellandschaftliche Kantonalbank (BLKB) oder Saxo Bank Schweiz | Liechtensteinische Landesbank |
| Mindestanlagesumme in CHF | 10 | 500 | 1 | 2'000 | 1 | 2'000 | 8'500 | 200 |
| Eingesetzte Produkte | Institutionelle Indexfonds | ETFs, Indexfonds | ETFs, Privatmarkt-Fonds | 30 - 40 Einzelaktien, Green Bond ETF | ETFs, Indexfonds | ETFs | ETFs | Einzelaktien und Fonds (auch Fractional Shares davon) |
| Grundgebühr | 0.6% | 0.29% - 0.40% | 0.39% | 0.6% - 1.2% | 0.85% | 0.42% - 0.68% | 0.25% - 0.5% | 0.49% |
| Kosten (Grundgebühr plus Produktkosten) bei Mindestanlagesumme | 0.8%-1.0% | 0.52% | 0.47% | 1.2% | 0.85% | 0.9% | 0.63% | 0.74% |
| Gebühr Währungswechsel | inkludiert | 0.5% | inkludiert | inkludiert | inkludiert | ca. 0.25% | ca. 0.1% | ca. 0.1% |
| Stempelsteuer | keine | zusätzlich | zusätzlich | zusätzlich | inkludiert | zusätzlich | zusätzlich | zusätzlich |
| Schweizer eSteuerauszug | ja | ja | ja | ja | ja | nein | ja | ja |
| Zugang | inkludiert | App | App, Web-App | App, Web-App | App | App, Web-App | App, Web-App | App, Web-App |
| Investieren für Kinder | Konto auf den Namen des Erwachsenen | Konto auf den Namen des Erwachsenen | Konto auf den Namen des Erwachsenen | Konto auf den Namen des Erwachsenen | Konto auf den Namen des Erwachsenen | nein | Konto auf den Namen des Kindes | nein |
| Mehrere Portfolios | ja | ja | ja | nein (zumindest nicht standardmässig) | ja | nein | nein | nein |
| Auszahlplan | nein | nein | ja | nein | nein | nein | ja | nein |
| Eigene Anlagelösungen | nein | ja | ja | nein | nein | nein | ja | nein |
| Besonderes | Anlagemodelle: Passiv oder Minimum Risk | Die ersten CHF 2’000 ein Leben lang gebührenfrei. | Quellensteuer-optimiert, Privatmarkt-anlagen | Vielfalt an Impact Themen | Themenfokus wählbar, Gebührendeckel von max. CHF 34.95 pro Monat für die Verwaltung | etwas aktiver (Messung der Unter- und Überbewertungen) | Schnörkellos | Themenwelten wählbar, Möglichkeit einen Teil des Gewinns zu spenden |
| Andere Produkte | Säule 3a, Freizügigkeit | Säule 3a, Freizügigkeit | Säule 3a | App, Web-App | Säule 3a | Säule 3a | Tagesgeldkonto | |
| Finanzdepot-Gutschein | CHF 20 Cash-Bonus | CHF 25 Gebührengutschrift | 12 Monate ohne Gebühren | CHF 10 Startguthaben | CHF 34 Startbonus | ein Jahr lang nur 0.25% Verwaltungsgebühr | 3 Monate gratis und gebührenfrei | |
| Erfahrungsbericht | Erfahrungsbericht Descartes | Erfahrungsbericht findependent | Erfahrungsbericht findependent | Erfahrungsbericht Inyova | Erfahrungsbericht Kaspar& | Erfahrungsbericht Selma | Erfahrungsbericht True Wealth | Erfahrungsbericht WiLLBe |
The following Swiss Robo Advisors were not included in the comparison. I have briefly summarized the reasons in each case.
clevercircles
- Fee plus product cost with minimum investment amount from approx. 0.85%.
- Active investment approach: Circle forecasts can be used to tactically adjust portfolios.
Finpact (formerly PSS)
- Fee plus product cost with minimum investment amount from approx. 0.58%.
- High minimum investment amount of CHF 30,000.
- The possibility of setting up a withdrawal plan is interesting.
Swissquote Robo Advisor
- Fee 0.75% plus any product costs.
- High minimum investment amount of CHF 50,000.
- Active investment approach.
volt by Vontobel
- Fee plus product cost with minimum investment amount from approx. 1.22%.
- Relatively high minimum investment amount of CHF 10,000.
- Active investment approach with themes. The majority of the thematic investments are represented by structured products (issuer risk).
For whom are Robo Advisors suitable?
Robo Advisors are particularly suitable for investors who want to manage and invest their finances in a simple and automated way. The platforms offer a user-friendly interface and do not require in-depth expertise to start investing.
If you invest in ETFs directly through a broker, you’ll probably pay a little less in fees, but you’ll need a little more expertise and have to budget a little more time. Especially for smaller amounts, your self-assembled portfolio will probably not be as well diversified as with a robo advisor.
Even though you usually don’t get personal advice at a robo advisor like you do at your local bank with its marble hall and village gossip, many Swiss robo advisors offer excellent personal support. You can often reach them by chat, mail or phone and with some of them you can also visit them in person by appointment. Most of the time, you don’t have to fight your way through annoying selection menus or endure long music on hold.
Robo Advisor Switzerland Experience
You can find the links to the testimonials in the Robo Advisor Switzerland comparison in the bottom line. Also write your Robo Advisor Switzerland experience in the comments and share it with others.
Robo Advisor vs. MSCI World
A robo advisor’s portfolio can include various asset classes such as stocks, bonds and commodities, depending on the investor’s goals and risk tolerance. The MSCI World Index, on the other hand, contains only shares of companies from industrialized countries. In addition, Switzerland has a higher weighting in most Swiss robo advisors than in the MSCI World, where it currently accounts for around 2.7%.
So when comparing the performance of a robo advisor to the MSCI World, make sure you’re not comparing apples to oranges. The comparison of the Sharpe ratio can also be interesting. This ratio indicates the extent to which the return on an investment exceeded the risk-free interest rate and the volatility with which this return was achieved. Unfortunately, robo advisors do not publish this metric.
Robo Advisor Switzerland Performance and Real Money Test
As I have a real money account with all the providers included in the comparison, I compare the performance of Swiss Robo Advisors from 2024 onwards. Some providers are not yet very customer-friendly when it comes to performance measurement. You can almost wonder if they shy away from comparison…
For the Robo Advisor Switzerland return comparison, I list the real money accounts with the highest risk category. The Selma portfolio contains approx. 13% real estate stocks and 8% precious metals, while the True Wealth portfolio contains approx. 8% real estate stocks and 1% high-yield bonds. All other portfolios contain only equities and liquidity, whereby the amount of liquidity varies and is determined by the providers themselves.
Please note that the period shown is very short and unfortunately the return cannot be set in relation to the risk taken (volatility), as the providers do not publish this data.
FAQ Robo Advisor Switzerland
It can be interesting to test the performance and functionalities of the providers, but on the other hand, I am a big fan of simplicity in financial matters and recommend choosing only one provider.
The assets are not held directly by the Robo Advisor, but by a partner bank. Even if the partner bank goes bankrupt, your funds and ETFs will not become part of their bankruptcy estate. You have to take a closer look at fractional shares and structured products.
With most, you can withdraw money from your investment account at any time. The Robo Advisor sells your investments and transfers the money to your bank account. Usually this happens within a few days. Some Robo Advisors have a minimum amount below which your entire custody account will be closed.
With this Robo Advisor comparison Switzerland you can get a first overview. Check out the vendors’ websites. Take a look at the costs and the products used and consider whether you also want to implement sustainability aspects and how the providers implement them. And if you don’t understand something, contact the Robo Advisor and directly test its communication behavior.
Transparency and disclaimer
I was not paid by anyone for this blog post, it reflects my subjective opinion.
If you open accounts or business relationships, order products or services through my links and codes, I may receive a commission for doing so. However, you will not suffer any disadvantages such as higher prices or the like. The terms and conditions of the respective providers apply. Affiliate links are marked with a *.
Investments are associated with risks which, in the worst case, can lead to the loss of the capital invested.
All publications, i.e. reports, presentations, notices as well as contributions to blogs on this website (“Publications”) are for information purposes only and do not constitute a trading recommendation with regard to the purchase or sale of securities. The publications merely reflect my opinion. Despite careful research, I do not guarantee the accuracy, completeness and timeliness of the information contained in the publications.