LIQID
Berlin wealth manager with multi-asset and private markets portfolios for larger balances
Quick Overview
| Company | LIQID Asset Management GmbH |
|---|---|
| Category | Robo-Advisors |
| Headquarters | Berlin, Germany |
| Founded | Not stated |
| EU Presence | Yes - Germany (EU) |
| Data Location | EU data centres, per the privacy policy (mainly processors operating the data centre in the EU) |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | SAVE money market and bond portfolios, CORE multi-asset portfolios, NXT and PRO private markets portfolios |
| Pricing | Percentage fees by product, for example SAVE 0.20 to 0.45% a year plus 0.21% product costs; EUR 100,000 minimum for new customers on SAVE and CORE |
| Best For | Investors with EUR 100,000 or more who want managed portfolios and private markets access |
| Replaces | Betterment Premium |
Detailed Review
LIQID is a digital wealth management service operated by LIQID Asset Management GmbH, Kurfuerstendamm 177, Berlin. The imprint names it as sole provider of the financial services on the site, supervised by BaFin and the Deutsche Bundesbank.
LIQID organises its offer in four products. SAVE covers cash with a 0 to 3 year horizon, CORE covers long-term wealth building, and NXT and PRO cover private markets.
Portfolios in LIQID SAVE and CORE
LIQID SAVE holds money market and bond portfolios for cash with a horizon of 0 to 3 years. LIQID CORE holds multi-asset portfolios for long-term wealth building from 3 years.
The homepage lists EUR 100,000 as the minimum for new customers on SAVE and CORE.
LIQID fees by product
LIQID states SAVE at 0.20 to 0.45% a year administration and transaction costs plus 0.21% product costs. CORE is 0.25 to 0.90% a year plus 0.07 to 0.37% product costs.
NXT and PRO charge product costs only, from 1.80 to 2.49% and 0.59 to 1.18% a year. The page does not give one single rate.
LIQID data handling
The LIQID privacy policy states that mainly processors operating data centres in the EU are used. Transfers to third countries happen only under an EU adequacy decision or EU standard contractual clauses.
Limitations to Consider
New LIQID customers need EUR 100,000 to open SAVE or CORE, which excludes smaller savers. Costs depend on the amount invested, so LIQID gives ranges rather than one rate, and the page does not say whether each range is per product or per amount. For smaller balances, quirion or Indexa Capital are more open.
Who Should Use LIQID
Investors with at least EUR 100,000 who want a BaFin-supervised manager with cash, multi-asset and private markets portfolios.
Pros and Cons
Pros
- BaFin-supervised German wealth manager
- Four product lines from cash to private markets
- EU data centres stated in the privacy policy
- Transfers to third countries only under adequacy or SCCs
- Closest in size to Betterment Premium's $100,000 minimum
Cons
- EUR 100,000 minimum for SAVE and CORE
- Fees given as ranges, not one rate
- NXT and PRO product costs reach 2.49% a year
- No free plan or trial stated
Alternatives to LIQID
Other European robo-advisors worth comparing before you decide:
Scalable Capital
Germany · Munich broker with savings plans and own ETFs
quirion
Germany · Berlin robo-advisor with managed ETF portfolios
Indexa Capital
Spain · Madrid index-fund robo-advisor with pension plans
InvestEngine
United Kingdom · UK ETF platform with free DIY and managed portfolios
See all European robo-advisors or compare them directly against Betterment Premium on our alternatives page.
Frequently Asked Questions
LIQID is the closest match for large balances, since new customers need EUR 100,000 for SAVE and CORE. Betterment Premium lists a $100,000 minimum and 0.65% a year.
LIQID lists SAVE at 0.20 to 0.45% a year plus 0.21% product costs and CORE at 0.25 to 0.90% plus 0.07 to 0.37%. NXT and PRO charge product costs only.
The LIQID privacy policy states that it works mainly with processors operating data centres in the EU, with third-country transfers only under adequacy decisions or standard contractual clauses.