quirion
Berlin robo-advisor with managed ETF portfolios, ten risk levels and free rebalancing
Quick Overview
| Company | quirion AG |
|---|---|
| Category | Robo-Advisors |
| Headquarters | Berlin, Germany |
| Founded | Not stated |
| EU Presence | Yes - Germany (EU) |
| Data Location | not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Managed ETF portfolios, ten risk levels, automatic rebalancing, savings plans |
| Pricing | 0.48% a year asset management fee, no monthly fees; savings plan from EUR 25 per month |
| Best For | German savers who want a managed ETF portfolio at one stated fee |
| Replaces | Betterment |
Detailed Review
quirion is a robo-advisor operated by quirion AG, an Aktiengesellschaft with its seat in Berlin, register HRB 180800 at the Amtsgericht Berlin-Charlottenburg. The imprint states that quirion AG is supervised by BaFin.
quirion manages ETF portfolios for you and offers ten risk levels. The homepage states that the portfolio rebalances back to the target allocation at no cost.
Managed ETF portfolios at quirion
quirion describes a global portfolio of over 13,000 stocks and 2,000 bonds from more than 70 countries. Customers choose from ten risk levels.
A savings plan starts at EUR 25 per month. The pages we read state no minimum for one-time investments.
quirion fees
The quirion fee page states an asset management fee of 0.48% per year and no monthly fees. The page gives no free plan and no trial period.
Betterment lists 0.25% a year at its base tier, so quirion is higher on percentage but does not charge a monthly fee.
What quirion does not do
quirion does not offer individual stock trading, and the service is not designed for active trading. The page advises against a high stock allocation for horizons under five years.
Limitations to Consider
quirion offers no individual stock trading, and the service is not designed for active trading. The quirion page advises against a high stock allocation for horizons under five years, since a stock portfolio can be down when money is needed. The 0.48% fee is higher than the 0.25% managed fee of InvestEngine. Hosting location is not stated on the pages we read.
Who Should Use quirion
German-speaking savers who want one managed ETF portfolio, automatic rebalancing and a savings plan from EUR 25.
Pros and Cons
Pros
- One stated fee of 0.48% a year
- No monthly fees
- Ten risk levels
- Rebalancing included at no extra cost
- BaFin-supervised German company
Cons
- No individual stock trading
- No free plan or trial
- Not designed for active trading
- Hosting location not stated on the pages we read
Alternatives to quirion
Other European robo-advisors worth comparing before you decide:
Scalable Capital
Germany · Munich broker with savings plans and own ETFs
Indexa Capital
Spain · Madrid index-fund robo-advisor with pension plans
InvestEngine
United Kingdom · UK ETF platform with free DIY and managed portfolios
Moneyfarm
United Kingdom · London managed portfolios with a DIY option
See all European robo-advisors or compare them directly against Betterment on our alternatives page.
Frequently Asked Questions
Yes. quirion AG in Berlin manages ETF portfolios with automatic rebalancing and is supervised by BaFin. Betterment is run from New York.
quirion states an asset management fee of 0.48% per year and no monthly fees. The pages we read give no free plan or trial period.
A savings plan starts at EUR 25 per month. The pages we read state no minimum for one-time investments.