Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
Private banking is expensive with about 1 percent fees. However, there is the possibility to buy institutional funds vs index ETFs. Which investment is better?
Swiss private banking (wealth management) is more expensive. You have a management fee of more than 1% (rather 1.5%) in general.
Important: This is just the management fee. Additionally, you normally have to pay spreads, foreign exchange fees, transaction fees and product fees (like fund fees: TER). Fund fees alone will cost you an additional 1-2% per year on average.
Conclusion: If you buy index ETFs by yourself (execution only), this is by FAR the cheaper solution.
Another possibility would be cheap robo advisory services. There, you typically have a minimal flat fee of 0.5% plus ETFs expenses. Thus, robo advisors are cheaper than usual private banking services, but a little more expensive than buying ETFs by yourself.
