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Bern independent asset manager teams up with Zug robo adviser

Bern independent asset manager teams up with Zug robo adviser

Bern-based independent asset management firm Gerold Schlegel has entered into partnership with Descartes Finance, the company has announced.

The partnership is intended to give Gerold Schlegel's clients access to a digital adviser offering from the Zug-based fintech company.

Clients will be able to choose strategies according to their requirements, with a starting capital of CHF 20,000.

Commenting on the news, Gerold Schlegel, the president of the asset management firm, said that Descartes Finance's rule-based approach is a good match for his own firm's business philosophy.

‘Our goal is to advise clients in such a way that they can take financial matters into their own hands by the end of our cooperation. With Descartes Finance's robo adviser we can provide the right instrument for that.’

Adriano Lucatelli, the founder of Descartes Finance, said that the partnership with Gerold Schlegel confirms that robo adviser offerings are gaining momentum.

In May, Descartes Finance became a user of Deutsche AM's actively managed exchange-traded fund (ETF) portfolios.

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