Swiss Robo Advisor True Wealth Goes Austriaby Company Announcement December 10, 2019
Erste Group Bank AG has recently started offering its private customers in Austria Invest Manager, the new digital investment management solution in the Internet banking solution George.
The Invest Manager is an actively managed investment management solution that recommends an individual investment mix depending on the customer profile. Customers benefit from the possibility to adjust the investment mix to their personal needs. Algorithms and the know-how of investment experts are used to implement the personal investment mix. The minimum investment is 5,000 euros.
The solution is seamlessly integrated into George’s Internet banking as well as the customer portal of Erste Bank Austria and all Austrian savings banks. The solution is operated as Software as a Service by True Wealth AG.
“The Invest Manager is meant for digitally savvy customers, who do not want keep all their money as savings and are looking for an alternative”,
says Thomas Schaufler, Private Client Director, Erste Bank.
“Upon request, portfolios can also be completely sustainable at the click of a button”.
Felix Niederer, CEO, True Wealth: “The cooperation with Erste Group is an important milestone for us and confirms our strategy to make digital investment management easy and intuitive for everyone. I would like to thank our entire team, who can be proud of what we have achieved”.