31 Mar Online Wealth Manager Pritle Launches In Belgium
Dutch online wealth manager Pritle announced that they have launched their services to customers in Belgium. According to their press release their easy-to-use, low-cost, online investment services are now available to residents in both the Netherlands and in Belgium, making Pritle the “largest independent international online wealth manager in mainland Europe”.
Pritle provides an automated online wealth management service that constructs diversified, ETF-based portfolios, tailored to their clients’ specific financial situations, investment objectives and risk profiles.
Client risk profiles are determined by an online questionnaire that each client has to fill out when signing up to the platform. Clients can then decide on their investment objectives and Pritle’s algorithm subsequently constructs a portfolio, composed of ETFs issued by Vanguard, BlackRock and StateStreet. Pritle charges an annual fee of 0.5% of the value of the invested capital up to EUR 250k, and zero fees on amounts beyond that.
Pritle founder and CEO, Thomas Bunnik, stated that Pritle has “developed a very focused model that enables us to work towards achieving your investment objectives. It could be money for university fees, a fantastic holiday or, for example, some extra reserves for your pension. We want to inspire our clients to make their dreams come true.”
Furthermore, Bunnik stated, on the topic of Pritle’s European expansion ambitions, that “following a successful launch we have grown significantly in the Netherlands. We are now throwing the same energy into entering Belgium. It is a logical next step in the further expansion of our business in Europe. In the end, we want to serve every European customer who is looking for an efficient and simple way to get more value from his or her money.”
