Selma Finance Reviews 34

TrustScore 4.5 out of 5

4.4

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Company details

  1. Investment service

Written by the company

Selma ist deine digitale Finanzassistentin aus der Schweiz. Sie versteht deine finanzielle Situation und erstellt dir einen individuelle Anlageplan (Investments sowie Säule 3a) der zu dir passt. Sobald du mit Selma startest werden deine Anlagen automatisch für dich gemanagt.


Contact info

4.4

Excellent

TrustScore 4.5 out of 5

34 reviews

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Rated 5 out of 5 stars

Great customer service with low fees

Selma offers great customer service and transparency, with quick answer to any questions including the ones regarding investment strategy. The low fees are important for long term return, which is what the company focuses on and is supported by the diversification strategy and customer risk profile

29 December 2024
Unprompted review
Selma Finance logo

Reply from Selma Finance

Thanks for your feedback!

We're happy to hear that you appreciate Selma’s transparency and customer service. Keeping fees low and investing smartly for the long term is exactly what we focus on. Glad to have you on board!

Rated 5 out of 5 stars

Inovative and transparent clearly the…

Inovative and transparent clearly the only way forward for the next generations

11 November 2024
Unprompted review
Selma Finance logo

Reply from Selma Finance

Thanks for your review! We couldn’t agree more – innovation and transparency are key to making investing easier and smarter for the future. Glad to have you with us!

Rated 1 out of 5 stars

Robot investors are useless

I am investing with Selma since April 2021. Current results: -12%. It has been crashing as fast/faster as S&P500 during 2021 & 2022, unfortunately it does not recover as fast and performance in 2023 is still very disappointing while S&P500 is doing much better. Their newsletter explanation is that CHF acts as a "buffer" so recovery is slower! Where was the buffer when markets crashed?? I am now investing on my own on brokerage sites and doing much better. I tried in parallel one of Selma's competitors and performance is as bad. financial robot advisor value is very limited, performance is very disappointing.

13 May 2023
Unprompted review
Selma Finance logo

Reply from Selma Finance

Thank you for taking the time to share your feedback regarding your experience with Selma. An honest feedback (positiv and negative) helps us to improve!

We understand your disappointment with the current performance. It's essential to acknowledge that the last two years have indeed been marked by significant market volatility, impacted by various global events such as the war in Ukraine, the energy crisis, rising inflation, and increasing interest rates. At Selma, we firmly believe in the importance of long-term investing. While short-term market fluctuations can be challenging, it is crucial to maintain a broader perspective and consider your investment goals over an extended period.

Our investment approach aims to provide a diversified portfolio across different markets and asset classes, including gold, to reduce risk and enhance potential returns. This strategy is designed to capture the benefits of a well-diversified portfolio while considering the impact of various economic factors. Regarding your observation about the performance S&P 500, it is important to point out that it only represents a specific segment of the market, primarily focused on U.S. large-cap stocks. Selma's investment approach goes beyond the S&P 500 to offer a broader diversification across international markets and different asset classes, including equities, bonds, and commodities. This diversified approach is intended to reduce risk and enhance the potential for long-term growth.

We value your feedback and will take it into account as we continuously strive to improve our services. If there's anything else we can do to assist you or address any further concerns, please don't hesitate to reach out to our customer support team at niklas@selma.com.

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