Seeking Advice on Managing Assets Before Starting at PostFinance

Life Hacking
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Hello everyone,

I will soon be starting a new job at PostFinance, and I’ve come across a bit of a dilemma regarding my investment portfolio. Currently, I hold assets with Interactive Brokers (IBKR), and I’ve learned that I need to transfer these assets due to compliance requirements.

Is there anyone here who works at PostFinance or has been in a similar situation? If so, have you been able to file an exception to continue holding assets with IBKR? If yes, could you share how you went about it and whether it was successful?

Additionally, I’m trying to figure out the best way to continue investing in Vanguard’s Total World Stock ETF (VT). Since Yuh is considered an exception, I’m considering investing in VWRD on Yuh in the future. Does anyone have experience with this approach, and would you recommend it?

Lastly, I’m contemplating opening an IBKR account in my wife’s name to potentially avoid any compliance issues. Since the account would be in her name, I’m assuming my company couldn’t restrict her from trading, even if it involves my money. Has anyone else taken this route, or is there a better solution?

Any advice or insights would be greatly appreciated!

Thank you!

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You have free fee ETFs with Yuh ETF savings plan: 6 fee-free ETFs to grow your wealth | Yuh, vwrl is a good choice.
Or, you could use postfinance as a broker, the fees of postfinance are not too bad i

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Do you know by any chance if postfinance directly is better than yuh? i know that yuh takes 0.5% when selling the etf. other than that i don‘t see any fees when using the reocurring plan.

I know google is an option, but since i‘m not familar with trading it‘s quite difficult for me to see the big picture.

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I would suggest to check directly with your employer the costs for trading for employees. You might have some discounts

Best would be to check if CHF denominated accumulative ETFs (traded on SIX) are available on Postfinace

For example -: SPDR ACWI or Invesco FWRA

This would avoid forex fees and also reinvesting fees for dividends.

P.S -: once someone told me that even VT might be possible to transfer to Postfinance but I don’t know if that’s for sure the case.

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I’m by no means an expert on PF or this subject in particular. But I would be very surprised if that wouldn’t breach some of the regulations they require you to follow/sign…?

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Most likely it would be tough for PF to control your wife’s trading. But I think you need to think about this carefully because most likely they would ask you to put in writing that all your trading occurs at PF accounts.

I am wondering if it really worth it just to save trading fees? These rules exist for a reason and if things go wrong , you might get into trouble simply because you violated the rules deliberately and not necessarily because you did some insider trading.

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