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Digital wealth manager expands to Switzerland

Digital wealth manager expands to Switzerland

Digital wealth manager Scalable Capital has expanded its services to Switzerland, the firm has announced.

The firm has launched a website specifically for Swiss customers, as well as a Swiss customer hotline.

Its Munich-based custodian bank Baader Bank will take care of the necessary tax reporting. It will also be the custodian bank for all Swiss customers and manage their portfolios in euros.

The fintech firm manages globally diversified ETF portfolios for its clients and considers professional risk management for every individual portfolio, low cost and a comprehensive digital service as its competitive advantages.

The Swiss founders of Scalable Capital will also organise regular roadshows, and Swiss customers will be able to access the firm’s webinar offering.

The digital adviser is FCA regulated and also has access to the European market thanks to its BaFin licence.

Scalable Capital was launched in 2016 and has operations in the UK, Germany and Austria.

Currently, the fintech firm has almost €700 million under management and more than 20,000 clients. 

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