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BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2142

February 23, 2017, 11:59:01 AM

What do private banking services actually cost in Switzerland? Are wealth management services worth the cost?

BenutzernameMoneyguru von moneyland.ch
OrtSchweiz
Status Expert
Registriert seit8/4/15
Beiträge4072

February 23, 2017, 2:22:30 PM

Hi there,

The costs of private banking services vary between banks. The investment strategy you choose also affect costs. The rule of thumb is: The more shares are included in your portfolio, the higher the total annual costs.

Recently, many Swiss private banking services have begun charging flat fees. As always with flat fees, it is worth taking a close look at what is actually covered. In almost every case, the fees and charges attached to individual products are not covered by the flat fee.

Best regards from Moneyguru

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