Pillar 3a Comparison 2026: Banks, Robo-Advisors and arvy — Who Gives You the Most for Your Money?
January 2, 2026
17 min read
Pillar 3a Comparison 2026: Banks, Robo-Advisors and arvy — The Honest Test
The complete guide: savings accounts, bank funds, VIAC, finpension, Frankly and arvy — with a 30-year calculation and the number nobody shows: the 1.5% behavior gap.
CHF 7'258 per year. Tax-free growth. Tax savings on every contribution. From 2026 even retroactive contributions. Pillar 3a is the single most powerful tax lever in Switzerland — but which provider actually makes the most of your money?
Most comparisons give you a simple answer: go with the cheapest. finpension at 0.39% beats Frankly at 0.43% beats VIAC at 0.44%. Sort by TER, done.
The problem with that answer: it ignores the most important number in all of investment research.
1.5% per year. That's the amount the average investor loses to their own emotions, according to Vanguard Advisor's Alpha, Morningstar Gamma and Dalbar QAIB — every year, over decades, regardless of provider. A number that is three to six times larger than the fee difference between the most expensive and the cheapest robo-advisor. If you optimise only on fees, you're optimising the smaller lever and ignoring the bigger one.
This article shows you both. We compare four worlds — the 3a savings account, classic bank funds, the digital robo-advisors (VIAC, finpension, Frankly) and arvy as its own category — with verified numbers, an honest 30-year calculation, and the question the others forget: which provider actually keeps you invested through the next crash?
1.5%
Average annual loss from investor behavior (Vanguard, Morningstar, Dalbar)
8×
Spread between cheapest and most expensive app provider (Moneyland 2025)
CHF 170k+
30-year difference between invested and savings account — or alone vs. partnered
Contents
- The four worlds of Pillar 3a
- World 1: 3a savings account — free, but expensive
- World 2: Bank funds — better, but overpriced
- World 3: Robo-advisors — VIAC, finpension, Frankly
- World 4: arvy — a partner for long-term investing
- The 1.5% question: the most important number in this comparison
- The mega comparison: all providers at a glance
- 30-year calculation — with behavior adjustment
- Who are you? The honest decision guide
- The combo strategy: why multiple accounts
- Frequently asked questions
01The four worlds of Pillar 3a
The Swiss 3a market looks confusing. 30+ providers, dozens of fund families, different fee structures. Step back and the chaos reduces to four fundamentally different categories — each with its own philosophy, cost structure, and target audience.
| World | Typical cost p.a. | Philosophy |
|---|---|---|
| 3a savings account | 0% (0.05–1.25% interest) | No fees, no risk, no return |
| Bank funds (UBS, Raiffeisen, ZKB) | 0.90–1.55% | Actively managed, branch access, high cost |
| Robo-advisors (VIAC, finpension, Frankly) | 0.39–0.52% | Passive, cheap, maximally automated |
| arvy | 0.84–1.11% | Active, ~30 quality companies, partner model with education |
We'll walk through each world honestly — including the ones we're not part of.
02World 1: The 3a savings account — free, but expensive
The simplest and still most popular 3a solution in Switzerland: park your money in a savings account at your bank. No fees, no risk, no effort. Sounds perfect — it isn't.
Interest rates on 3a savings accounts in 2026 are sobering: PostFinance 0.05%, Luzerner Kantonalbank 0.1%, UBS and ZKB 0.2%. At the top: Bank WIR 0.4%, Cornèr Bank 0.6%, some small regional banks up to 1.25%. Even the top rate is below inflation — your money loses real value.
Over 30 years with the annual maximum of CHF 7'258 (2026):
| Savings rate | Contributed (30 yrs) | End value | Total return |
|---|---|---|---|
| 0.20% (UBS, ZKB, Migros Bank) | CHF 217'740 | CHF 224'500 | CHF 6'760 |
| 1.00% (good regional bank) | CHF 217'740 | CHF 253'100 | CHF 35'360 |
| For comparison: 6% invested | CHF 217'740 | CHF 608'000 | CHF 390'260 |
CHF 7'258/year, annual compounding, beginning-of-year contribution.
The difference between 0.20% savings account and 6% invested: CHF 383'500. That's not a typo — that's the price of not investing your 3a money.
Our verdict: savings account
Only legitimate advantage: no nominal loss risk. But the real loss of purchasing power to inflation and the opportunity cost over decades are enormous. Anyone more than 5 years from retirement should invest rather than save. The 3a savings account only makes sense if you're planning an early withdrawal for owner-occupied housing (WEF) within the next 1–3 years.
03World 2: Bank funds — better, but overpriced
The second option: 3a pension funds at your bank. UBS offers Vitainvest (active and passive), Raiffeisen the Pension Invest range, ZKB its own pension funds (plus Frankly separately — more on that below). Your money is invested in stocks and bonds instead of sitting in a savings account.
The problem: the costs — and the opacity.
UBS: Vitainvest — two worlds
Since 2021, UBS has offered passive Vitainvest funds with a TER of just 0.25% — sounds cheap. But on top comes an annual custody fee of 0.65%. Total: around 0.90% per year. The actively managed Vitainvest funds cost 0.90% TER plus 0.65% custody = 1.55% total. That's three to four times what a digital robo-advisor charges.
Raiffeisen: Pension Invest
Raiffeisen Pension Invest funds have a TER of 1.0–1.5%, depending on equity ratio. Issue commissions can add up to 2% on top, varying by local Raiffeisen branch. That makes Raiffeisen one of the most expensive 3a providers — despite the image of a cheap cooperative bank.
As SRF Kassensturz confirmed in their 3a analysis: a VIAC fund delivered net returns several times higher than comparable bank funds over 5 years — with almost identical equity allocation. The difference: almost entirely fees.
ZKB: own funds vs. Frankly
ZKB offers both classic pension funds (TER 0.80–1.20%) and the digital product Frankly (TER 0.43%). Frankly technically belongs in the robo-advisor category (see below), but it's a ZKB product. If you're already a ZKB customer with a classic 3a fund: switching to Frankly immediately saves you 0.4–0.7% in fees per year — without changing banks.
Our verdict: bank funds
Substantially better than the savings account because your money is actually invested. But: too expensive. Fees eat most of the return — especially the actively managed funds, which fail to beat the market 80–90% of the time. If you must stay with a big bank, at least choose passive funds (UBS Vitainvest Passive). Better: switch to a digital provider.
04World 3: Digital robo-advisors — cheap, passive, automatic
VIAC, finpension and Frankly revolutionised the Swiss 3a market. They invest your money passively in index funds — for a fraction of bank costs. No advisor, no branch, no issue commission. Everything via app.
The scale shows how successful the model has become: VIAC manages over CHF 5 billion in client assets in 2026, Frankly over CHF 4 billion, True Wealth over CHF 1 billion. Moneyland now lists 14 different 3a apps in total. The market is mature — and the fee competition brutal. According to a Moneyland simulation in 2025, the most expensive app offering costs eight times what the cheapest costs over a 10-year horizon.
finpension — the price breaker
Cheapest provider with a total expense ratio of 0.39–0.42% at maximum equity allocation. No separate FX costs, no stamp duty (finpension uses a special fund class for pension foundations that is exempt — and also exempt from withholding tax on foreign dividends). Up to 5 separate 3a pots. And uniquely: Bitcoin exposure up to 5% in the portfolio. The largest investment universe of any 3a app.
VIAC — the pioneer
VIAC was the first digital 3a provider in Switzerland and broke the market open. Total fees 0.00–0.44% — notable: no fees on the cash portion; the 0.44% applies only to the invested part. Killer feature: the partnership with Bank WIR for SARON mortgages at top rates — anyone using their 3a as collateral gets one of the best mortgage rates in the market. Up to 5 separate pots. Downside: Bank WIR charges a margin on foreign currency transactions, which slightly increases the otherwise low costs.
Frankly (ZKB) — the cantonal bank version
Frankly is Zürcher Kantonalbank's digital 3a product with a total expense ratio of 0.43%. Advantage: the safety of a cantonal bank with state guarantee backing. Up to 5 separate pots. Slightly less flexible than finpension and VIAC for strategy customisation. One specialty: on WEF withdrawals, the Frankly community covers the foundation's audit costs — no additional fees apply.
Where the three differ
| finpension | VIAC | Frankly | |
|---|---|---|---|
| Total cost (max equity) | 0.39–0.42% | 0.00–0.44% | 0.43% |
| Max equity ratio | 99% | 99% | 95% |
| FX costs | None | Bank WIR margin | Included in TER |
| Stamp duty | Exempt | Partial | Partial |
| Max 3a accounts | 5 | 5 | 5 |
| Bitcoin/crypto | Yes (up to 5%) | No | No |
| Mortgage advantage | No | Yes (Bank WIR) | No |
| Cantonal bank backing | No | No (Bank WIR) | Yes (ZKB) |
Which robo to pick?
finpension if lowest costs and maximum flexibility matter most. VIAC if you're planning a mortgage. Frankly if cantonal bank backing matters to you. All three are excellent — the difference between them is much smaller than the difference to a traditional bank.
Our verdict: robo-advisors
For the large majority of Swiss residents who want their pension provision as cheap and automatic as possible, a digital robo-advisor is a very good choice. If you want the market average and don't want to worry about your pension: you're in the right place. The honest downside comes in the next section.
05World 4: arvy — a partner for long-term investing
arvy isn't a cheaper robo-advisor. arvy is a different product category. Before we discuss fees, we need to explain what that means in practice — and why we believe it's the net cheaper choice.
Most investment apps sell you a portfolio. The good ones sell you simplicity on top. What almost none sell is the thing that actually determines whether you build wealth over 30 years — or quietly lose half of it to your own emotions. arvy is built around exactly that "thing that actually matters."
The 30 companies you actually know
With a robo-advisor, you typically own 1'500–3'000 companies. If someone asked you to name ten of them, you probably could — Apple, Microsoft, Nestlé, ASML, and a handful more. At a hundred, you'd fail. Not because you're not intelligent — because no one has time to understand 1'500 companies. The ETF was invented so you wouldn't have to.
That's an advantage when markets rise. It becomes a problem when they fall. Because when the market drops 25% — and it will, repeatedly, over the next 30 years — you look at your portfolio and feel a version of what every investor who invests alone feels: "I don't really know what I own, so I don't know if it'll recover, so I should probably sell before it gets worse." That sentence is the most expensive thought in all of finance.
arvy instead selects around 30 quality companies worldwide — managed by three CFA charterholders. When Nestlé drops 15%, you don't think "sell" — you think about the 150-year history of a company that sold food through two world wars, the Great Depression, the 2008 financial crisis and COVID. When Visa wobbles, you remember that every card transaction worldwide still runs on their infrastructure. When ASML shakes, you understand they are the only company in the world that builds the machines for the most advanced chips on earth.
You don't panic-sell what you understand. You panic-sell what you don't understand.
Skin in the game — literally at arvy
The three founders — Thierry, Patrick and Florian — each have over CHF 100'000 of their own money in the exact same portfolio. Same strategy, same fees, same risk. When it falls, theirs falls too. No other 3a provider in Switzerland can document this. The decisions we make in the portfolio are decisions about our own wealth — not just yours.
Education as the actual product
Over 12'000 readers receive the Weekly by arvy newsletter every Friday with a deep analysis of one of the portfolio companies — from Ferrari to Hermès to Microsoft. Open rate around 45–50%, one of the highest in Swiss fintech. Plus: 11 interactive calculators (budget, 3a tax savings, FIRE, inflation, dividends, pension gap, rent-or-buy, children's investing), a glossary with 89 terms, a Book Club covering the best investment books ever written — and over 30 articles published in NZZ The Market, written by the same three people who manage the portfolio.
That's not a marketing gimmick. It's the actual product. The next section explains why.
Our verdict: arvy
arvy is for you if you want a partner model — not the lowest price at any cost. Fees (0.84–1.11% all-in) are higher than robo-advisors (0.39–0.52%) but well below most bank funds. The real question isn't the 0.5% fee gap to a robo. The real question is whether what you get in return helps you still be invested in 30 years. The research says: yes.
06The 1.5% question: the most important number in this comparison
The financial industry argues endlessly about fees. 0.25% vs 0.45% vs 0.85% vs 1.1%. Every robo-advisor comparison, every fintech pitch deck is a race to the bottom on price. And up to a point, that race matters — because fees compound, and high fees erode wealth over time.
But there's a larger cost factor nobody eliminates. Because it's invisible, ugly and uncomfortable to talk about: the cost of your own behavior.
Five independent studies. Five different methods. Five different time horizons. The same answer:
| Study | Year | Behavior cost p.a. |
|---|---|---|
| Vanguard Advisor's Alpha | 2014, updates 2025 | ~1.5% (up to 2% in stress) |
| Morningstar "Gamma" study | 2013 | ~1.59% |
| Envestnet Capital Sigma | 2019 | 2–3% |
| Dalbar QAIB (25+ years of data) | annual | 1.5–3% |
| JP Morgan "Guide to Retirement" | annual | ~3% over 20 years |
Five different institutions. The same answer: somewhere between 1.5% and 3% per year vanishes from the average investor's returns — for reasons that have nothing to do with markets and everything to do with human nature.
CHF 217'000
What 1.5% p.a. compounds to over 30 years
At CHF 500/month over 30 years, an investor who invests alone and ends up at 5.5% returns due to emotional mistakes lands at roughly CHF 454'000. A partnered investor at 7.0% ends at about CHF 671'000. Same contributions. Same markets. CHF 217'000 difference. That's the price of investing alone.
Why we all make the same mistakes
Before you think you'd never fall into this trap — that you're more disciplined than average — consider: the Dalbar data covers doctors, lawyers, engineers, CFOs and professional traders. Emotional decision-making doesn't correlate with intelligence. It correlates with being human.
It happens in every market drawdown, every time: the market falls 10%, you feel vaguely uncomfortable. Another 10%, you check your portfolio three times a day. At –25% you tell your partner "maybe we should sell at least half." At –30% you sell. The relief is immediate. Six months later the market is 20% above your sale price. Ten years later you've missed the entire recovery.
That's not a character flaw. It's a feature of the human brain. Evolution hardwired us to flee from danger. A falling stock chart looks exactly like danger to the limbic system. Your rational brain knows it isn't. Your limbic system doesn't care.
The real fee question
Now the calculation no one shows honestly, because it completely reframes the fee comparison:
0.5% fees vs. 1.5% behavior costs
The entire fee difference between arvy (1.11%) and a passive robo-advisor (0.42%) is about 0.5–0.7% per year. The measured behavior gap is 1.5% per year. In other words: arvy's fee disadvantage is one-third to one-half the size of the advantage a rational investor has over an emotional one.
If the arvy model (Weekly, education, understanding the holdings, partner framing) helps you avoid even a single panic sell in 30 years, it has already paid for itself several times over. If it helps you beat the measured average — the 1.5% the research actually shows — it's one of the best ROI decisions you'll ever make.
This isn't a sales pitch. It's empirical research from three independent institutions applied to a realistic scenario. The honest conclusion we'll also tell you to your face: if you're the kind of person who didn't flinch in 2008 and never needed a voice in your ear, a passive robo-advisor is probably cheaper and better for you. We'd send you to finpension. But if you're a normal human — if you've ever felt the urge to sell during a drawdown, or lain awake at 3am over a red number — the partner model is mathematically the better choice. Not because we say so. Because three decades of research do.
07The mega comparison: all providers at a glance
The most important dimensions of all four worlds side by side — fees, investment philosophy, features, partner quality:
| Savings | Bank funds | Robo | arvy | |
|---|---|---|---|---|
| Total cost p.a. | 0% | 0.90–1.55% | 0.39–0.52% | 0.84–1.11% |
| Hidden costs | — | Issue commission, FX | Mostly none | None (all-in) |
| Strategy | Interest | Active or passive | Passive (index) | Active (quality) |
| Max equity ratio | 0% | 75–97% | 95–99% | 98% |
| Number of positions | — | 500–2'000 | 1'000–3'000 | ~30 |
| Who decides | — | Fund manager | Algorithm/index | CFA team |
| Founders invest alongside | No | No | No | Each >CHF 100k |
| Weekly analysis | No | No | Blog/FAQ | Weekly newsletter |
| Book Club / calculators | No | No | Occasional | 11 calculators + Book Club |
| Behavior framing | — | Advisor chat (costly) | App onboarding | Core of the product |
| Branch advice | Yes | Yes | No | Chat, phone, email |
| Regulation | FINMA (bank) | FINMA (bank) | FINMA (foundation) | FINMA (KAG licence) |
0830-year calculation — with behavior adjustment
Here it gets concrete. We lay out what happens if you pay in the annual maximum of CHF 7'258 for 30 years — for each provider type. The returns are estimates based on historical averages after fees and accounting for the empirical behavior gap.
| Scenario | Net return p.a. | End value (30 yrs) | Vs. savings account |
|---|---|---|---|
| Savings account (0.2%) | 0.2% | CHF 224'500 | — |
| Active bank fund (after fees) | 4.5% | CHF 462'400 | + CHF 237'900 |
| Passive robo, investor with behavior gap | 5.5% | CHF 554'000 | + CHF 329'500 |
| Passive robo, disciplined investor | 6.0% | CHF 608'000 | + CHF 383'500 |
| arvy, partner model (rationally invested) | 6.8% | CHF 708'000 | + CHF 483'500 |
Assumptions: CHF 7'258/year, annual compounding, beginning-of-year contribution. Net returns account for fees. The 5.5% for "investor with behavior gap" reflects the empirical underperformance from Vanguard/Morningstar/Dalbar research. The 6.8% for the partner model reflects the empirically measured behavior advantage and is not based on active outperformance of the arvy strategy. Past returns are not a guarantee of future results.
The key point: the difference between "passive robo with behavior gap" and "arvy partner model" is around CHF 154'000 over 30 years. That's three times what you pay extra in fees. Net, you're CHF 100'000–120'000 ahead with the partner model — if the behavior advantage materialises.
The cost of doing nothing
The difference between the savings account and any invested scenario is at least CHF 237'000 over 30 years. That's not an optimisation question — that's the difference between retirement provision and purchasing power loss. If you're 20+ years from retirement, invest your 3a. Which provider is the second question. The first one is that it's invested at all.
Run the numbers yourself: the 3a Tax Savings Calculator shows how much you save annually in taxes. The Compound Interest Calculator shows how your money grows over decades. And if you want to go deeper into the behavior research: read Why arvy: Your long-term investing partner.
09Who are you? The honest decision guide
You want maximum simplicity and the lowest cost
→ finpension or VIAC. Download the app, pick maximum equity, set up a standing order, never think about it again. If you're planning a mortgage: VIAC for the Bank WIR partnership. If you want maximum flexibility and Bitcoin: finpension. But: be honest with yourself about drawdowns. Selling in the next crash wipes out the fee advantage in a single decision.
You want cantonal bank safety at digital cost
→ Frankly (ZKB). Digital, cheap (0.43%), cantonal bank backing. Or: if you insist on staying with UBS/Raiffeisen, at least pick the passive funds (UBS Vitainvest Passive). Never the active bank funds — they cost too much and deliver too little.
You want a partner, not just a portfolio
→ arvy. You invest in ~30 hand-selected quality companies, get a deep analysis every Friday, and know the founders have their own money in the same portfolio. The 0.5% higher fee vs. finpension is real — but it's one-third of what the behavior gap costs on average. If you're among the 80% of investors who react emotionally in crashes, the partner model is mathematically the better choice.
You're 55+ and planning the withdrawal
→ Multiple accounts at different providers. Open 4–5 3a accounts (e.g. 2 at finpension, 1 at arvy, 1 at VIAC or Frankly) and start staggered withdrawals from age 60. This saves taxes on payout. See our deep dive on Pension Fund Lump Sum: How to Optimise Taxes.
You want to keep the 3a savings account
→ Only if you're planning a WEF home withdrawal within 1–3 years. In all other cases: invest your 3a. Compounding over decades is too powerful to give away.
10The combo strategy: why multiple accounts make sense
Here's the insight most comparisons hide: you don't have to pick a single provider.
In Switzerland, you can have any number of 3a accounts at different providers — as long as you don't exceed the annual maximum in total. And there are three strong reasons to do it:
1. Staggered withdrawal: with five separate 3a accounts, you can dissolve them one by one over five years — saving significant taxes through broken progression. This alone can be worth CHF 10'000–20'000.
2. WEF flexibility: with a single provider, you can only make a WEF home withdrawal every 5 years. With accounts at multiple pension foundations, you can make withdrawals more frequently and flexibly.
3. Cash protection: cash balances on a 3a account are protected up to CHF 100'000 per provider by esisuisse. Across multiple providers this protection multiplies — less relevant for pure securities solutions, but meaningful for mixed strategies with cash allocation.
A concrete suggestion
| Account | Provider | Amount/year | Purpose |
|---|---|---|---|
| Account 1 | finpension (Global 99) | CHF 2'900 | Lowest costs, max equity |
| Account 2 | arvy (3a Quality) | CHF 2'900 | Partner model, education, skin in the game |
| Account 3 | VIAC or Frankly | CHF 1'458 | Diversification, mortgage or ZKB backing |
| Total | CHF 7'258 | = 2026 maximum |
This way you benefit from three strategies, have three separate accounts for staggered withdrawal, and keep average total cost around 0.60–0.70% — cheaper than any bank fund, with the partner advantage on one-third of your portfolio.
11Frequently asked questions
Which 3a provider has the best performance?
Past performance isn't a reliable indicator of future results. All passive providers (VIAC, finpension, Frankly) deliver similar returns because they track similar markets. The differences come from fees and tax-optimised fund classes. arvy as an active provider may beat or lag the index. The more important question isn't "who beats the index" but "who helps me stay invested for 30 years."
Can I switch 3a providers?
Yes, any time. You transfer your balance from old to new — the new provider typically sends a form, you sign it, and the rest runs automatically. Note possible transfer fees at the old provider (especially at banks, up to CHF 400). Your money isn't invested for a few days during the transfer.
Is my 3a money safe?
Yes. At all providers, your securities are protected as segregated assets — they belong to you, not the provider. They stay untouched in bankruptcy. Cash balances are protected up to CHF 100'000 per provider by esisuisse. More: Why your money is safe with arvy.
Is switching from a bank to an app worth it?
From a fee perspective, almost always yes. A fee difference of 0.5–1.0% per year compounds over decades into tens of thousands of francs. A Raiffeisen fund at 1.3% TER vs. finpension at 0.39% — that's CHF 66 annual difference on CHF 7'258. Over 30 years with compounding: CHF 30'000–50'000 difference in end wealth. But see the 1.5% question above — the lowest fees aren't automatically the best returns.
How many 3a accounts should I have?
4–5 is ideal. That way you can stagger withdrawals at retirement (one per year) and break tax progression on payout. Rule of thumb: above CHF 50'000 in a single account, open a second one. By age 55 all accounts should be open so you can start staggered withdrawal at 60.
What about the 3a retroactive contribution from 2026?
From 2026, you can retroactively pay in missed contributions from contribution year 2025 — on top of the regular maximum, up to CHF 7'258 per gap year, maximum 10 years back. Available at all providers. Details: Pillar 3a Retroactive 2026: the complete guide.
Should I invest or keep the 3a savings account?
If you're more than 5 years from retirement: invest. Always. The compounding effect over decades is too powerful to give up. Only exception: you're planning a WEF home withdrawal in 1–3 years — then the savings account can make sense because you don't want market risk.
What is the 1.5% behavior gap and is it real?
The 1.5% is the average return loss that investors incur annually through emotional mistakes — panic selling in crashes, giving up during sideways markets, timing attempts — according to Vanguard Advisor's Alpha, Morningstar Gamma and Dalbar QAIB. The figure is replicated across multiple independent studies over decades. It's not a worst case — it's an average, meaning half of all investors do even worse.
Is arvy really net cheaper than finpension?
Honest answer: it depends on who you are. If you're guaranteed to never panic-sell and always stay rational, finpension is genuinely cheaper — about 0.5% p.a. fee difference. If you're among the majority who react emotionally in bad market phases, the arvy model statistically helps you avoid at least 1.5% p.a. in behavior losses — three times what the higher fee costs. It's a bet on whether you know yourself.
Calculators & further reading
Why arvy: long-term partner
The full 1.5% story
3a Tax Savings Calculator
How much you save on contributions
Pillar 3a Retroactive 2026
Complete guide to the new rule
Pension fund lump sum tax
Retirement & staggered withdrawal
Compound Interest Calculator
How your money grows long-term
The Power of Savings Plans
Why CHF 500/month is enough
Start with knowledge. Decide later.
The Swiss 3a landscape has improved dramatically. Where there used to be only expensive bank funds and meager savings accounts, there are now excellent digital alternatives — from ultra-cheap robo-advisors to the focused partner model at arvy. The most important decision isn't which provider you pick — it's that you invest your 3a. The second most important: whether you go alone or with a partner who helps you stay invested for 30 years.
Written by Thierry Borgeat, Co-Founder of arvy, and reviewed by Patrick Rissi, CFA and Florian Jauch, CFA. All three invest over CHF 100'000 each of their own money in the arvy portfolios. Fee figures are based on publicly available information from the providers mentioned and the independent analyses by moneyland.ch and schwiizerfranke.com (as of April 2026). Last updated April 2026.
Disclaimer: This article is for general educational purposes and does not constitute personal investment or pension advice. Return figures are estimates based on historical data and not a guarantee of future results. The behavioral research cited (Vanguard Advisor's Alpha, Morningstar Gamma study, Envestnet Capital Sigma, Dalbar QAIB, JP Morgan Guide to Retirement) represents averages across studied populations and may not apply to your individual situation. The mention of other providers (finpension, VIAC, Frankly, UBS, Raiffeisen, ZKB) is for informational purposes only and does not constitute a recommendation or partnership. arvy is a FINMA-supervised asset manager with a KAG licence. Legal notices & disclaimer.
