In finance, the word churning is used to describe all dealings on the part of a wealth manager performed with the sole aim of earning commissions, without taking a client’s best interests into account.

A wealth manager may, for example, initiate completely disproportionate purchase or sale processes which do not serve their client, but do serve to generate additional wealth management fees. Churning contravenes wealth management obligations and codes of conduct.

More on this topic:
Equities trading in Switzerland

Online trading brokers in comparison

Find the cheapest online broker now

Compare now
Trading platforms

Brokers with low fees

Swiss Broker


  • Swiss online bank

  • No additional exchange charges

  • No transaction fees for Swiss equities

Swiss Broker

Saxo Bank Switzerland

  • Swiss online bank

  • Favorable prices stock trading

  • High account interest rates

Swiss Broker


  • Swiss online bank

  • No custody fees for stocks

  • Free market research and trading signals

Wealth managers in comparison

Find the most favorable wealth management now

Compare now for free
Expert Benjamin Manz
Benjamin Manz is CEO of and an independent expert on banking and finance.