True Wealth continues to file sturdy and constant development and reaches one other mileston.e
The ETF digital wealth administration managed CHF 1.5 billion in shopper property in its direct enterprise as of 31.8.2024. This corresponds to development of 47 p.c inside twelve months.
True Wealth, based over 10 years in the past.
Consumer property beneath administration elevated by CHF 481 million inside 12 months, which corresponds to development of 47%. The online influx of shopper property amounted to CHF 365 million, whereas a optimistic funding end result additional boosted development.
The variety of shopper relationships additionally elevated by 48% in the identical interval (31.8.2023 to 31.8.2024), from 17’600 to 26’000.
«The regular development is an expression of the excessive degree of belief in True Wealth as an asset supervisor,»
says Felix Niederer, founder and CEO of True Wealth, explaining the corporate’s sustained success. Improvements within the product portfolio and proximity to shoppers are additional causes for the sturdy development.
The accelerating development in the direction of drawing Pillar 2 (occupational pension provision) as a lump sum as an alternative of a retirement pension can also be making itself felt.
«We’re taking this as a chance to develop sensible digital ideas to satisfy this want. With a remaining life expectancy of over 20 years on the age of 65, on-line asset administration that gives a return on capital with an individually outlined capital withdrawal price is an appropriate resolution. We now supply a sensible payout plan for this shopper group,»
explains Niederer.
Featured picture credit score: Felix Niederer, founder and CEO of True Wealth. Edited from Truewealth
