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Every fee here was taken from the provider’s own pricing page for the taxable product and dated. Not from a comparison site, and not from their pillar 3a page, which is usually priced differently. The four I have reviewed in depth come first.
Read this before you compare the numbers
Half the “robo-advisors” in Swiss comparisons are not robo-advisors
A robo-advisor invests for you: you set a risk profile, it builds and rebalances the portfolio. A self-directed broker just executes what you tell it to buy.
That difference wrecks fee tables. neon invest, Yuh and UBS key4 charge no management fee at all, so in a naive ranking they beat every robo on this page. They are not doing the same job, and clevercircles is only half a robo: it has you choose the allocation and press rebalance yourself.
Everything below is split accordingly, because ranking them together would tell you something false.
The management fee is never the whole cost
Almost every provider quotes a management fee, then charges the fund costs (TER) on top, and often currency conversion and stamp duty as well. Selma is 0.55% management on a CHF 50,000 balance plus about 0.22% product, so roughly 0.77% before stamp duty and FX, and 0.90% if you hold less than that.
The all-in column is what actually leaves your account each year. Where a provider does not publish enough to calculate it, this page says so instead of estimating.
The robo-advisors I have reviewed
Ordered the way I would actually recommend them, with the all-in cost beside each one. These fees fall as your balance grows, so where a single figure is shown it is on a CHF 50,000 balance, and the cell beside it tells you how the fee moves. Every figure checked against the provider’s own pricing page for the taxable product on 5 August 2026.
| Provider | All-in cost | What that covers | My take |
|---|---|---|---|
 True WealthTrue Wealth AG, Zurich★ 4.8Market leaderVisit True WealthRead my full review | 0.37 to 0.62% | 0.25 to 0.50% management, falling as your balance grows, plus about 0.12% fund costs (0.21% for the sustainable universe). FX markup about 0.1%. Minimum CHF 8,500. | The most control over the portfolio of anything here, and the fee genuinely drops as you grow. Note the range: most people are on 0.50%, not the 0.25% that appears in their own example, which is the bottom of a 25-step scale. The CHF 8,500 minimum is the real barrier.Reader offer: CHF 100 fee credit with code INVEHERO |
 SelmaSelma Finance AG, Zurich★ 4.7Best for beginnersVisit SelmaRead my full review | about 0.77% | On a CHF 50,000 balance: 0.55% management plus about 0.22% fund costs, so about 0.77% all-in. Management is 0.68% below CHF 50,000 (0.90% all-in), then 0.47% from CHF 150,000 and 0.42% above CHF 500,000. Stamp duty and about 0.25% currency conversion per transaction are extra. Minimum CHF 2,000. | One of the platforms that opened this market in Switzerland, and still the one I would hand to anyone who wants guidance rather than a dashboard. The portfolio builder walks you through the decisions, the support is the best of this group, and it puts your pension and your savings in one picture. Reader offer: free management for a full year via this link |
 finpension Investfinpension AG, LucerneOne to watchVisit finpensionRead my 3a review | 0.47 to 0.49% | 0.39% flat management, split as 0.30% account management plus 0.09% asset management, plus 0.08 to 0.10% fund costs on the Global, Switzerland and Sustainable strategies. No margin on currency exchange, and no issuing or redemption commission. Start from CHF 1, up to ten portfolios. | The taxable sibling of the 3a product I already use and rate. On published fees it lands level with VIAC, and below everything here except the bottom of True Wealth’s range. The fee split is built so the account-management half is deductible on your tax return. I have not tested Invest yet, so it is not rated — the full review is next. Reader offer: CHF 25 fee credit with code HEROBB Also valid for existing customers opening Invest. Code within 24 hours, CHF 1,000 in the first year. |
| findependentfindependent AG, Baden★ 4.0Best valueVisit findependentRead my full review | about 0.58% | On a CHF 50,000 balance: 0.38% management and custody plus 0.21% fund costs on the Balanced solution, so about 0.58% all-in. The management and custody share falls to 0.35% at CHF 150,000 and 0.29% at CHF 1m, so the range across balances is roughly 0.50% to 0.65%. The first CHF 2,000 is managed free for life, and the minimum is CHF 500. | You can begin with CHF 500, the first CHF 2,000 costs nothing at all, and the all-in still lands under most competitors once you are invested. Currency conversion up to 0.5% and stamp duty sit outside the headline, so read the fee page before a large transfer. |
 InyovaInyova AG, Zurich★ 3.5Read my full review | 0.6 to 1.2% | A single all-inclusive fee falling as your balance grows. Inyova does not publish a fund cost figure, and since January 2026 Swiss portfolios run through its own actively managed ETF, so treat 0.6 to 1.2% as the fee they charge rather than a confirmed total. Minimum CHF 2,000. | The only one here built around impact investing, and you can exclude or include individual companies. You pay a clear premium for that mandate. Worth it if the mandate is the point, not if you just want cheap index exposure. |
Sources: findependent.ch, finpension.ch, truewealth.ch, selma.com and inyova.ch pricing pages, checked 5 August 2026, finpension.ch checked 6 August 2026. Links marked Visit are affiliate links. Inyova links to my review because I have no arrangement with them.
Other providers worth knowing
Competitive on price but not yet tested and reviewed, so no rating. Figures from each provider’s own pages, checked 5 August 2026.
| Provider | All-in cost | What that covers |
|---|---|---|
| VIAC Investviac.ch | 0.45 to 0.52% | A 0.25% management fee plus product costs, giving 0.45% to 0.52% total depending on strategy, and that already includes custody, transactions, currency conversion, stamp duty and VAT. Switzerland 100 is cheapest at 0.45%. You can start with CHF 1. I have tested VIAC’s pillar 3a but not yet Invest, so it carries no rating here. |
| Swissquote Invest Easyswissquote.com | 0.69 to 0.79% | 0.60% management plus 0.09 to 0.19% product. Invests through Swissquote’s own tracker certificates rather than directly held ETFs, which is why there is no stamp duty, and which also means you carry issuer risk. Not a like-for-like with the others. Minimum CHF 500. |
| Descartes Investdescartes.swiss | up to about 0.81% | Descartes publishes these as maximum fees and excluding VAT, so this figure is not like-for-like with the rows above. Up to 0.45 to 0.60% management plus 0.21 to 0.56% product costs depending on strategy, the figure shown being Passiv at full equity. The volume discount scale is not published. |
| Migros Bank Focusmigrosbank.ch | not published | 0.80% management with a CHF 40 annual minimum, but the fund costs are not published anywhere on the page, so a total cannot be calculated. Minimum CHF 5,000. |
| PostFinance e-asset managementpostfinance.ch | not published | 0.75% falling to 0.70%, 0.65% and 0.60% as your balance grows, but the fund costs are not published, so a total cannot be calculated. PostFinance is careful to say this “is not a digital robot solution”: it is a discretionary mandate run by an investment committee rather than an algorithm, which is a difference in how decisions are made, not in who does the work. Minimum CHF 5,000. |
| Alpianalpian.com | not published | 0.50 to 0.75% depending on mandate and balance. Product costs are shown only inside the app, so there is no way to work out the total before signing up. Minimum CHF 2,000. |
Sources: viac.ch, swissquote.com, descartes.swiss, migrosbank.ch and alpian.com, checked 5 August 2026.
Often listed as robo-advisors, but they are not
These appear in most Swiss robo comparisons. They should not, because they are not doing the same job, and a fee ranking that mixes them in will point you at the wrong product.
A robo-advisor builds and rebalances a portfolio for you. A self-directed broker executes what you choose. Comparing the two on management fee alone makes the broker look free, when in reality you are doing the work and carrying the decisions.
Self-directed. You pick and place the trades. 0.5% on Swiss shares and ETFs, 1.0% international, and savings-plan ETFs trade free.
Self-directed. 0.50% per trade falling to 0.25% by volume, 1% on crypto.
Self-directed fund investing rather than a managed mandate, at a managed-mandate price. Halved to 0.45% for clients under 26, students under 30, and clients investing for a child.
Marketed as a robo, but you choose the allocation and trigger the rebalancing yourself. Minimum CHF 5,000.
If you actually want to pick your own investments, that is a perfectly good choice and cheaper. It is just a different product, and the broker comparison is the right page for it.
True Wealth vs Selma
The comparison people search for most, so here it is directly.
| True Wealth | Selma | |
|---|---|---|
| All-in cost | 0.37 to 0.62% | about 0.77% on CHF 50,000 (0.90% below that) |
| Minimum | CHF 8,500 | CHF 2,000 |
| Control | Extensive. You can shape the strategy in detail. | Limited by design. Selma decides and explains. |
| Best for | People who want the cheapest managed portfolio and are comfortable making choices. | People who want a conversation and a plan, and will pay for it. |
| Watch out for | The 0.25% headline is the bottom of a 25-step scale. Most people pay 0.50% plus fund costs. | Stamp duty and about 0.25% FX per transaction sit outside the quoted fee. |
| Reader offer | CHF 100 fee credit with code INVEHERO | Free management bonus for readers via this link |
On CHF 50,000 the difference is roughly CHF 75 a year. Not nothing over twenty years once it compounds, but small enough that the guidance can genuinely be worth it. Selma has to earn that on service, and for some people it does.
My picks
Two answers, depending on how much hand-holding you want.
The most established platform of the three, the most control over what you own, and a fee that falls as you grow. Needs CHF 8,500 to start.
Visit True WealthReader offer: CHF 100 fee credit with code INVEHERO
Start with CHF 2,000, get walked through the whole thing, and get real people on the other end when you have a question. You pay more for that, and for a lot of readers it is the reason they actually start.
Visit SelmaReader offer: free management for a full year via this linkOn cost alone VIAC Invest is cheaper still at 0.45% to 0.52%, with custody, transactions, currency conversion, stamp duty and VAT all inside that figure and no minimum. I have tested VIAC’s pillar 3a but not Invest, so I am not rating it yet.
Is a robo-advisor worth it?
For most people getting started, yes. A robo-advisor gives you a diversified portfolio that is built, bought and rebalanced for you, for roughly 0.4% to 0.9% a year. The comparison that matters is not against a flawless DIY investor who never wavers. It is against what most people in Switzerland actually do instead: leave the money in a savings account, or let a bank or an insurer sell them a product costing two or three times as much with a lock-in on top. Against those two, a robo wins comfortably, and it is the single easiest way to go from meaning to invest to actually investing.
Especially worth it if
You are new to investing, or you would otherwise not start, or you suspect you would panic-sell in a crash. A portfolio that exists and is left alone beats a cheaper one you never built. Every one of the platforms above will also get you invested in an afternoon, which is the part people underestimate.
You may not need one if
You are already comfortable buying a global ETF and a bond fund at a broker and leaving them alone. At CHF 100,000 the difference between a robo at 0.6% and doing it yourself at roughly 0.15% is about CHF 450 a year. That is a real number, but it only counts if you would genuinely do it, and keep doing it. See the broker comparison if that is you.
One thing worth doing first, whichever way you go: if your pillar 3a is not yet invested, fix that before opening a taxable account. The tax deduction makes it the better franc.
Common questions
Which is the best robo-advisor in Switzerland in 2026?
On cost alone two others come in lower: VIAC Invest at 0.45% to 0.52% with custody, transactions, currency conversion, stamp duty and VAT all inside that figure and no minimum, and finpension Invest at 0.47% to 0.49% from CHF 1. I have not tested either, so neither is rated here yet.
What does a Swiss robo-advisor actually cost?
Between roughly 0.5% and 0.9% a year all-in for the ones that publish enough to calculate it, with Inyova higher at 0.6 to 1.2%. On CHF 50,000 that is about CHF 287 a year with findependent, CHF 310 with True Wealth and CHF 385 with Selma. Several providers, including Migros Bank, Alpian and PostFinance, do not publish their product costs, so no total can be worked out at all.
True Wealth or Selma?
Both are market leaders and you would not go wrong with either. True Wealth costs less and gives you more control over the portfolio, so it suits someone who wants to see and adjust what they own. Selma does more of the thinking, explains itself better than anyone else in this group, and starts at CHF 2,000 against True Wealth’s CHF 8,500. On CHF 50,000 the difference is about CHF 75 a year. If that guidance is what gets you invested and keeps you invested, it is worth more than CHF 75.
Is Swissquote Invest Easy a robo-advisor?
It is managed, but it invests through Swissquote’s own tracker certificates rather than directly held ETFs. That removes stamp duty and adds issuer risk, meaning you are exposed to Swissquote itself and not just the underlying market. It is not a like-for-like comparison with the others here.
Is neon invest or Yuh a robo-advisor?
No. Both are self-directed, so you choose and place the trades. They charge no management fee, which makes them look unbeatable in a fee table, but nobody is managing anything for you. If that is what you want, the broker comparison is the right page.
Do I need a robo-advisor if I already have a pillar 3a?
Different jobs. Pillar 3a comes with a tax deduction and should usually be filled and invested first. A robo-advisor is for money beyond that. If your 3a is still sitting as cash, fix that before opening a taxable account.
Can I lose money with a robo-advisor?
Yes. A robo-advisor invests in markets, and markets fall. It manages the allocation and rebalancing, not the risk of loss. Over short periods you can be well down, and no Swiss provider protects against that.
What is the minimum to start?
CHF 1 with VIAC Invest, CHF 500 with findependent and Swissquote, CHF 2,000 with Selma, Inyova and Alpian, CHF 5,000 with Migros Bank, clevercircles and PostFinance, and CHF 8,500 with True Wealth.
Compare & choose
The other comparisons on Investing Hero, each built the same way: every fee read from the provider’s own pricing page.
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Sources and freshness. Every fee here comes from the provider’s own pricing page for the taxable product, checked on 5 August 2026: findependent.ch, finpension.ch, truewealth.ch, selma.com, inyova.ch, viac.ch, swissquote.com, descartes.swiss, migrosbank.ch, alpian.com, neon-free.ch, yuh.com, clevercircles.ch, postfinance.ch and ubs.com. Nothing is taken from a third-party comparison site. finpension Invest checked 6 August 2026. Figures are re-checked twice a year and after any provider announcement, and the date only moves when the numbers underneath have been re-verified.
Where a provider does not publish enough. Migros Bank, Alpian and PostFinance do not publish product costs, and Inyova publishes no fund cost figure at all. Those entries say so rather than carrying an estimate. Inyova’s Swiss portfolios have run through its own actively managed ETF since January 2026, so its all-inclusive figure may understate the true cost.
Written by Mr. IH, founder of InvestingHero. Educational content, not financial advice. Investing carries risk, including the loss of the money you put in.