Raiz vs True Wealth
Raiz
raizinvest.com.auTrue Wealth
truewealth.chSide by side
| Figure | Raiz | True Wealth |
|---|---|---|
| Price from | A$2.50/mo | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 3 | 3 |
| Spec score · Robo-Advisor Apps | 7.7 (#3) | 6.6 (#8) |
| Founded | 2016 | 2013 |
| Headquarters | Sydney, New South Wales, Australia | Zurich, Switzerland |
Plans
True Wealth
- Untied assetsPriced on request
- Child portfolioPriced on request
- Pillar 3aFree
In their own words
Raiz
Raiz is an Australian saving and investing service from Raiz, founded in 2016 and headquartered in Sydney. It automates investing through purchase round-ups, recurring top-ups and one-off deposits. Linked eligible bank accounts can supply spending data for rounding purchases to the nearest dollar, while scheduled additions can run daily, weekly or monthly. Portfolio choices include standard risk levels, socially responsible Emerald, Sapphire with a 5% bitcoin allocation, and Property with 30% in the Raiz Property Fund. Plus users can assemble portfolios from ETFs, ASX-listed stocks, up to 5% Bitcoin and up to 30% in the property fund. Raiz Kids provides child accounts transferable at 18, and Raiz Jars support goals with separate strategies. Rewards invests a percentage of participating-brand purchases. My Finance categorises transactions and forecasts income and spending. Android, iOS and web access are listed. Plans start at 2.50 AUD/mo, with no free plan.
True Wealth
True Wealth has no write-up on Specifiction yet; its figures are above.