That is indeed what it boils down to. finpension offers:
- very easy to use interface to set up up to 10 different portfolios from a curated list of ETFs
- the ability to easily change asset allocations (“I’m going to add 10% REIT and reduce gold to 5%” etc.), this can be a blessing and a curse!
- free currency exchange
- cheaper access to private markets through insititutional-class funds
- restricted access (you can only deposit from/withdraw to an account in your name)
Is there something on that list worth 500.–? That is a personal decision, and there’s no right or wrong answer.
For me, the last point is quite important. To be honest, I’m starting to feel uneasy when thinking about having a portfolio of half a million CHF on neon. To be sold and transferred with a few taps, with the same app you do your daily banking with, on the device you carry around with you all the time?
When it comes to these things, sleeping well at night is an underrated criteria. I’m not sure I do with neon with the current security mechanisms in place.