LEARN. EXPLORE. BACKTEST. INVEST
Make Informed Investment Decisions
, Your Digital Wealth Manager
  • We are your Adviser, not a Bank
  • We provide you Tools and Data to:

    Learn from the Masters: Model Portfolios based on institutional strategies.

    Know what to expect: customize your investment strategy and Backtest its performance

    Dry run: Paper Portfolios to test your strategy in real life.

  • We implement your strategy in your own brokerage account
  • We maintain your strategy (e.g. rebalancing)
  • We do not “touch” your money and cannot move your funds in, or out of your brokerage account
, Your Bank
  • Interactive Brokers will hold your money and your investments
  • One of the largest and most cost effective electronic trading institutions globally
  • Publicly listed on NYSE
  • Heavily regulated by SEC, FINRA, FCA and other regulators around the world
  • Safe, with client assets covered by mandatory and voluntary deposit insurance and best in class practices
  • Pillar of stability during the 2008/ 09 crisis, with no losses and no bailoutsYou give us power of attorney over your account with IB to invest, but they will only accept wire transfers from and to accounts under your name, never to third parties
  • You give us power of attorney over your account with IB to invest, but they will only accept wire transfers from and to accounts under your name, never to third parties
  • We are not affiliated in any way with IB and receive no compensation for them.
Start Now
FREE
GWAP LEARN
  • Learn from model STRATEGIC asset allocations.
  • See how TOP PERFORMING funds and large pension plans invest.
  • TRY your own ideas with the powerful BUILDER.
  • BACKTEST the impact of your decisions on portfolio risk and return.
  • MANAGE your PAPER portfolios via the GWAP App.
  • NO COST. NO COMMITMENT. NO RISK.
LOW COST
GWAP INVEST
  • GWAP LEARN functionality and:
  • High performing ADAPTIVE strategies.
  • Your account with INTERACTIVE BROKERS, the largest electronic broker in the US.
  • Full CONTROL over your account. GWAP does not “touch” your money.
  • We manage your LIVE portfolio.
  • Start with as little as $2,000.
  • All inclusive FEE of 0.35% for STRATEGIC portfolios and 0.75% for ADAPTIVE portfolios (min $20/ month).
COMING SOON
GWAP PRO
  • Full GWAP App functionality and:
  • CONTROL your own TRADE and EXECUTION.
  • CUSTOMIZE your algos.
  • TAILOR your investment universe.
  • WHITE LABEL.
Our Model Portfolios
GWAP Balanced
Risk Rating: 4Type: Strategic
Risk and Return
  • 7.2% compound return since Jan 2008
  • Low volatility of 6.3% annualized
  • Low correlation with the stock market: beta of 0.2
  • Worst peak to through of -16% (Mar 2008 to Mar 2009)
GWAP Balanced AAA
Risk Rating: 4Type: Adaptive
Risk and Return
  • 13.9% compound return since Jan 2008
  • Low volatility of 7.6% annualized
  • Low correlation with the stock market: beta of 0.2
  • Worst peak to through of -11.5% (Dec 2008 to Mar 2009)
GWAP Growth
Risk Rating: 5Type: Strategic
Risk and Return
  • 10.1% compound return since Jan 2008
  • Volatility of 10.9% annualized
  • Medium correlation with the stock market: beta of 0.5
  • Worst peak to through of -28.6% (Jun 2008 to Mar 2009)
GWAP Growth AAA
Risk Rating: 5Type: Adaptive
Risk and Return
  • 17.0% compound return since Jan 2008
  • Low relative volatility of 10% annualized
  • Low correlation with the stock market: beta of 0.3
  • Worst peak to through of -14.5% (Dec 2008 to Mar 2009)
This document provides an analytical framework for evaluating current or proposed investments and asset allocation strategies, illustrating the impact of individual investment products in different asset classes on an overall portfolio allocation.
This document is not intended as a recommendation of or an offer or solicitation to purchase or sell any security or other investments, or as a recommendation of an investment manager, or as a means to attract any funds or deposits. It is also not an official statement of GWAP Financial.
Although information in this document has been obtained from sources believed to be reliable, GWAP Financial and its affiliates do not guarantee its accuracy or completeness and accept no liability for any direct or consequential losses arising from its use.
Investments mentioned in this document may not be suitable for all investors. Before making any investment, each investor must obtain the investment offering materials, which include a description of the risks, fees and expenses and the performance history, if any, which may be considered in connection with making an investment decision. Each investor should carefully view the risks associated with the investment and make a determination based upon the investor’s own particular circumstances, that the investment is consistent with the investor’s investment objectives.
Opinions expressed herein are not intended to be a forecast of future events, a guarantee of future results or investment advice, and are subject to change based on market and other conditions. In any case, past performance is no guarantee of future results, and future results may not meet our expectations due to a variety of economic, market and other factors. Further, any projections of potential risk or return are illustrative and should not be taken as limitations of the maximum possible loss or gain.
The information contained herein is not intended to be an exhaustive discussion of the strategies or concepts mentioned herein or tax or legal advice. GWAP Financial assumes that, before making any commitment to invest, the investor has taken whatever tax, legal or other advice the investor considers necessary and that the investor has arranged to account for any tax lawfully due on the income or gains arising from any investment product provided by GWAP. GWAP can accept no responsibility for the tax treatment of any investment.
Fees Matter When It Comes to Investing
FREE
GWAP LEARN
  • Learn from model STRATEGIC asset allocations.
  • See how TOP PERFORMING funds and large pension plans invest.
  • TRY your own ideas with the powerful BUILDER.
  • BACKTEST the impact of your decisions on portfolio risk and return.
  • MANAGE your PAPER portfolios via the GWAP App.
  • NO COST. NO COMMITMENT. NO RISK.
0.35%
STRATEGIC PORTFOLIO
  • Select Model Portfolio, or create your own
  • Backtest and stress test your customized strategies
  • Professional risk and return analytics
  • Seeks to maintain fixed target asset allocation over the long term
  • Strategy can be changed on a periodic basis
  • 0.35% all inclusive fee
    (fair use policy: max 30 securities, monthly rebalancing)
0.75%
ADAPTIVE PORTFOLIO
  • Select Model Portfolio
  • Adaptive portfolios are not customizable for the moment
  • Review Backtested results
  • Professional risk and return analytics
  • GWAP AI recalculates allocation weights monthly
  • Overweight undervalued and less volatile assets
  • Underweight overvalued and higher volatility assets
  • Seek to maintain a fixed risk allocation over the long term
  • 0.75% all inclusive fee
Comparison
It’s important to choose an investment platform with fees and an account minimum that make sense for your investment contributions and goals.
Here is how we compare with other Swiss platforms:
GWAP
Strategic
GWAP
Adaptive
TrueWealthSwissQuote
Low
SaxoSelectSaxo Trading
Total Annualised Fee0.35%0.75%0.65%1.40%1.00%2.45%
sum of
Advisor Fee0.35%0.75%0.50%0.50%0.85%n.a.
Account / Custody incl.incl.incl.0.75%incl.0.12%
Trading Cost(*)incl.incl.incl.incl.incl.2.00%
Swiss Stamp Duty & VAT(*)incl.incl.0.15%0.15%0.15%0.32%
Note:
(*) Actual trading cost, stamp duties and VAT charges may vary depending on the volume and value of transactions, account size, etc.
"The greatest thing money can buy is Financial Freedom."
Damien Thomas
Build Your Financial Freedom
I plan to start with an Initial Investment of
and add a Monthly Investment (end of the month) of
I will expect an Annual Return (in %) of
for an Investment Period (years) of
"You don't need to be a rocket scientist.
Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."
Warren Buffett
Meet the Co-Founders

Cris brings 20 years of banking and finance experience, most recently advising institutional size clients at Citi Private Bank in Switzerland. He was inspired to create GWAP with high wealth management standards and an intuitive interface that makes it easy to use by non-professionals.

Pursuing her passion for mathematics, Cristina earned a Master Degree in Actuarial Science from the University of Lausanne. She worked for more than ten years with large multi-nationals in Switzerland as an Actuarial Consultant.

Florin is passionate about software development, internet privacy and efficient software architectures. He brings an extensive experience as an entrepreneur in Finland, as well as in the corporate world, having spent 9 years with Nokia.

Our Core Beliefs

Learn by Doing

Simulated “Paper Portfolios” act as test labs for investment strategies in a realistic market environment, before committing actual money.

Learn from History

Backtesting all the way back to 2008 can show a realistic picture of possible investment results, including during severe market dislocations.

Follow the Smart Money

We analyze actual asset allocation strategies used by institutional investors and highly rated fund managers and build portfolios that are following closely similar exposures.

Take Controlled Risks

All portfolios undergo a risk assessment. Depending on the risk profile (with the exception of the highest risk setting), GWAP imposes hard coded asset allocation limits.

Invest in many Uncorrelated Assets

GWAP investment universe covers all major asset classes, sub-classes, investment styles and regions. We measure cross correlations between all securities in our investable universe, which allows investors to spread their risk efficiently.

Lower Total Cost

GWAP investable universe includes the lowest expense ratio, highest liquidity and highest quality securities in their asset class category. In addition, we integrate with some of the most cost-efficient brokers.

"One who never asks either knows everything or nothing."
Malcom Forbes
Frequently Asked Questions
1. What is GWAP?
Swiss Investment Adviser, not a Bank.

We are a Geneva based, regulated investment adviser whose Founder and CIO has been advising, or managing multi-billion dollar family offices for more than a decade.

Think of us as your personal investment adviser, except that having to meet us face to face, we provide all you need to know about your investments via technology.

We are not a bank and do not “touch” your money, which is kept in custody with a third party heavily regulated broker.

2. Why should I trust GWAP advice?
We give you the models, tools and information to Trust your own investment decisions.

Of course, as Advisers we show you our best thinking in terms of model portfolios tailored to your account risk profile. In addition, we show you investment strategies used by some of the best performing funds and financial institutions.

You get to see exactly what each portfolio holds, before you invest, and more importantly to Backtest how it performed over the past years including during the 2008/ 09 crisis.

Furthermore, you are free to test your own ideas to increase return, or reduce risk, depending on your investment objectives.

Our objective is for our Clients to make educated, informed investment decisions, that we can then execute in the most cost efficient manner possible.

3. How safe is my money?
Your assets are in safe keeping with Interactive Brokers, one of the largest US and global electronic trading houses.

Your money and securities are in the custody of Interactive Brokers (IB), one of the largest electronic trading houses in the US and globally. They are publicly listed on New York Stock Exchange and are heavily regulated by SEC, FINRA, FCA, and other regulators around the world.

IB account access is protected via multifactor authentication, but even if someone else gained access to your account, they would not be able to transfer funds out elsewhere.

Unlike some of the largest global financial institutions they have not suffered losses during the 2008/ 09 and did not require any government bailouts.

IB protects client assets via a multi layered approach, including but not limited to USD 500,000.

4. Can you guarantee I will not lose money?
No. Nobody can. We give you the tools and information to quantify and manage your risk.

Investment always involves a certain degree of risk.

You can manage your risk by selecting an overall lower risk level for your portfolio, then within that going for lower risk investments (i.e. with lower volatility).

Last, but not least, you increase your chances for a positive return by investing over a longer term and by investing over time (i.e. investing regularly through “thick and thin”).

Ultimately, even holding everything in cash can be, in fact extremely risky. Cash can lose purchasing power due to inflation or can devalue deeply compared to other currencies. In addition, deposits are also subject to the bank risk, or the risk of the deposit guarantee mechanism.

5. Can I move my money out of the IB account?
Yes, anytime. Daily liquidity.

You are free to liquidate your account and transfer money in and out on a daily basis, subject to exchange opening hours, interbank transfer delays, etc.

For most clients it could take between a few hours to maximum 5 working days between a withdrawal order and the funds actually arriving in their external account.

Also, it is important to remember that IB will only wire out to an account in your name.

6. How much do I pay in Fees?
One low fee: 0.35%, or 0.75% per annum, depending on the strategy type.

We charge a flat fee as a percentage of the net value of your assets. This includes: platform cost, investment research, trading fees (subject to Fair Use), custody fees, fund transfers in/ our (subject to our Fair Use).

The minimum fee level is USD 20/ month.

Fair Use means:

  • With respect to wire transfers: unlimited incoming wire transfers and 1 transfer out per month
  • With respect to trading: up to 20 buy/ sell transactions per month

7. Can I talk to a Human Advisor?
Yes. But at an additional cost.

We can only offer such as low fee structure because we leverage technology to handle thousands of accounts for every human banker.

However, a banker can only handle no more than 15 to 20 calls during a day.

That is why calls are expensive.

Currently we charge USD 300/ hour.

8. Why is my account denominated in USD?
US listed investments offer some of the lowest fees and highest liquidity in the world.

Our investment universe includes mostly US listed Exchange Traded Funds that are among the:

  • Lowest cost
  • Highest liquidity
  • Lowest tracking error
  • Highest return
  • Highest quality
in their global categories.

While there are long term concerns about the strength of the US dollar, it remains nevertheless, the main reserve currency of the world.

GWAP measures investment performance in USD. However the overall result may be lower, or higher as expressed in other currencies, depending on the change of those currencies’ value versus the USD.

9. Do I have to report taxes in the US?
No. If you are not already a US tax filer.

During the registration process for GWAP Invest, we ask you to complete a form called W8-BEN. This is a US tax document that determines how much taxes will the US government withhold from your dividend and interest income on your account. These withholding taxes depend mainly on your tax residency (e.g. 15% on dividend income) and are deducted automatically by the broker. There is no withholding tax on capital gains.

So, other than filling out the W8-BEN, you don’t need to do anything for US tax purposes. The US withholding tax may have a relatively low impact on the overall investment performance. For example, a portfolio with a gross dividend yield of 2% may end up paying a withholding tax of 0.3% (2% x 15% tax) to the US.

10. How do I report the account to tax authorities?
All the information need is provided on your Annual Statement.

If you are a Swiss tax reporting person, the reporting is very straight forward. you can add Interactive Brokers on your tax return as a regular custody account, together with its end of the year balance, overall income received and withholding taxes paid. In Switzerland there is no tax on capital gains. You may need to convert the amounts from USD to CHF at the rate provided in the fiscal guide.

Generally, tax authorities look at:

  • Dividend income
  • Interest income and expenses
  • Realized capital gains and losses
  • Net Asset Value

IB annual statements provide all the detailed information with respect to the above.

Please check with your tax advisor how best to fill your tax return.

Welcome to GWAP
1. Download GWAP
2. In your downloads folder, double-click GWAP.dmg
3. Drag and drop the GWAP icon into your Applications folder
4. Double-click on GWAP in your Applications to launch the app and sign in
5. Access Tutorials here

You can always access Tutorials from the app by pressing F1.

You are now ready to use the power of GWAP to:

  • Create Paper portfolios
  • Access Model Portfolios inspired by asset allocation strategies used by institutional investors
  • Customize Models, create new ones from scratch and Backtest your ideas
  • Generate Orders
Welcome to GWAP
1. Download GWAP
2. Double click on GWAP-Setup.exe

In case you are getting this screen from Windows, click on "More Info" and then "Run Anyway"

 
3. Access Tutorials here

You can always access Tutorials from the app by pressing F1.

You are now ready to use the power of GWAP to:

  • Create Paper portfolios
  • Access Model Portfolios inspired by asset allocation strategies used by institutional investors
  • Customize Models, create new ones from scratch and Backtest your ideas
  • Generate Orders

We are currently supporting fully app functionality on PC and Mac.
We will soon launch the iPad and Android tablet versions.
Until then, you can use our webapp at:
https://gwapfinancial.com/app

Contact Insights