[Poll] Brokers & 3a Providers (2024)

Investing / Brokers
1

My main broker is:

  • Interactive Brokers
  • Swissquote
  • Degiro
  • Saxo Bank
  • PostFinance
  • Cornertrader
  • TradeDirect
  • Neobank (Neon, Yuh, etc.)
  • Other Swiss Bank/Broker (UBS, ZKB, etc.)
  • Other European Broker (Comdirect, Flatex, etc.)
  • Other US Broker (Schwab, Fidelity, etc.)
  • Other
0 voters

My additional broker(s) is/are:
— choose “None”, if you don’t use another one, thanks —

  • None
  • Interactive Brokers
  • Swissquote
  • Degiro
  • Saxo Bank
  • PostFinance
  • Cornertrader
  • TradeDirect
  • Neobank (Neon, Yuh, etc.)
  • Other Swiss Bank/Broker (UBS, ZKB, etc.)
  • Other European Broker (Comdirect, Flatex, etc.)
  • Other US Broker (Schwab, Fidelity, etc.)
  • Other
0 voters

My 3a provider(s) is/are:

  • VIAC
  • Finpension
  • Frankly
  • TrueWealth
  • Neobank (Yuh, etc.)
  • Swiss Bank (UBS, ZKB, etc.)
  • Other
  • None
0 voters
15 Likes
2

Seems recommendations from PoorSwiss are very well used

Swissquote - Top swiss broker
Interactive brokers - Top broker

3 Likes
4

I am a bit surprised that so many are still with a traditional bank for 3a. Are there any good products out? Or people just too lazy to switch?

Also Viac has a high share, I would have expected that many would have switched to finpension or (recently) Truewealth. The downsides of Viac have been discusses many times here in the forum (trading most of their funds in foreign currencies and charging FX fees to clients, even when the fund would be available in CHF).

1 Like
5

I think 3a at Swiss banks could also be driven by mortgage benefits . In addition. I believe people tend to use 5 account strategy and spread accounts across platforms.

Once the rule for partial withdrawal with 3a would be implemented , it could result in consolidation

3 Likes
6

I do not think there is a reason for using different providers for the spliting - all app solution privide either a manual or automated solution for tax optimized withdrawals by internally splitting into different accounts.

7

Yeah but most folks recommend accounts at VIaC and FP simultaneously. Even the forum post on 3a has this recommendation

1 Like
8

The main downside of VIAC is their hidden FX-fees. Paying them on dividends and rebalancing only is a percent of a percent. Doesn’t matter too much. And the rest of their product is competitive.

Liquidating your funds for transfer on the other hand is a percent proper. So, I just don’t touch those assets. It leaves a bad taste in my mouth that I’m rewarding them for their underhanded behavior, though.

3 Likes
9

Yeah, Helix’s answer is also the reason why
I wont liquidate my holdings at VIAC. Furthermore, its kind of fun go have accounts at different providers with similar competitive level.
Currently considering whether to open a 3a account at Truewealth next year.

1 Like
10

One point which Viac has comparing to both Finpension and Truewealth is the option of taking mortgage (with options of indirect ammortizations and pledging 3a funds) which is the reason for me to keep using it at least for now

11

Is it because VIAC is backed by a bank and bank treats VIaC accounts as collateral?

While for other providers the funds would first need to move to bank 3a accounts?

12

Yes. VIAC is (now) a no brainer offerimg 3A pledging with bank WIR and 0,65% Saron Hypothek.

We all hope FP will find financing partner one of these days!

1 Like
13

We all hope FP will find financing partner one of these days, who accepts each individual strategy with a high allowability of ideally 100%, so we can have a mortgage in dependency of an max. amortisation of CHF 7’258 / CHF 14’516!

Fixed.

14

22 posts were merged into an existing topic: Comparing 3a fund performance: ETFs vs. CSIF, Swisscanto, UBS

15

@_MP

Do you want to comment on the results in your blog?

1 Like
16

Thanks for tagging me @Dr.PI
Yes I’m interested, the question is more when will I publish it :wink:
I added it to my articles’ backlog.