Planning for retirement is a crucial step in securing your financial future. Switzerland offers a three-pillar system, where the third pillar allows ...
Philippe
Being a student often means juggling studies, a part-time job and an active social life. Managing your finances is then added to the pile and can quickly ...
radicant Promo Code : neorad Are you looking for a radicant referral code or promo code to open an account with radicant?Use the promo code neorad and ...
As the end of the year approaches, it's essential to take a moment to think about your retirement planning. The transition to retirement is a major life ...
Update: Read our full Neon Invest review.Neon Bank has just launched neon invest: its trading offering which now competes with Alpian, Yuh and Revolut ...
For eight years, Swiss savers faced negative interest rates, which meant that their money earned them nothing or even cost them. This situation was due to the ...
If you compare Neon with N26, you are probably looking for an online bank with a credit card for traveling and for making payments in EUR.It is indeed very ...
If you compare Yuh with N26, you are probably looking for an online bank with credit card for travel and for your payments in EUR.It is indeed very ...
If you compare Neon with Revolut, you are probably looking for a bank account for travel and for your transactions abroad.It is indeed very interesting to ...
If you compare Yuh with Revolut, you are probably looking for smartphone banks, or digital bank that offers a multi-currency bank account for traveling and for ...
Thanks a lot for your comment and for confirming this from a client’s perspective — that’s incredibly helpful.
If the app today only shows ITD (Inception-To-Date) performance without specifying that it’s TWR, and there’s no other breakdown (like TWR vs. MWR), then it’s fair to say that the methodology is unclear. You’re absolutely right: this makes it hard — if not impossible — to compare Alpian’s performance with other platforms that explicitly report TWR.
I originally received confirmation from Alpian that TWR was used, but clearly the current user experience doesn’t reflect that. I really appreciate your feedback, and I’ll update the review to flag this more transparently for readers.
Thank you very much for your detailed follow-up — and no worries at all about reposting!
You’re absolutely right to highlight the discrepancy. I did originally check with Alpian, and they stated that the performance figure was based on TWR (Time-Weighted Rate of Return), which is the GIPS-recommended standard. However, your observation is very valid: the earlier screenshot showed “TWR 3.7% (ITD)”, but today neither the app nor their website seems to mention TWR anymore.
If clients are now only seeing P/L (ITD), that strongly suggests a shift — either in reporting methodology or simply in transparency. And yes, P/L is not equivalent to TWR. This definitely makes comparisons with other banks and robo-advisors more difficult, which contradicts Alpian’s original claim of standardised reporting.
Thank you again for your insightful contribution — I’ll add a note to the article to reflect this concern more clearly. You’re helping make this resource better for everyone!
Thank you for your comment, I double checked with Alpian and this is what they say: This refers to TWR performance (time-weighted), which is the industry-standard practice (per the GIPS recommendations). It allows you to compare one platform’s performance to another’s by excluding the impact of cash flows.
All Swiss bank will comply with Automatic Exchange of Information.