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Patrik Schär

Founder & CEO at Selma Finance

Patrik Oliver Schär, CFA is the Co-Founder and CEO of Selma Finance, a Swiss-Finnish robo-advisor company that provides AI-powered financial advisory services.14

Key points about Patrik Schär:

  1. Background:

    • Former banker with over 10 years of experience in the Swiss banking industry14
    • Holds a CFA (Chartered Financial Analyst) designation5
  2. Education:

    • Completed his Master's degree in Copenhagen, where he was exposed to the startup environment1
  3. Career transition:

    • Moved from a comfortable banking job to co-founding Selma Finance1
    • Founded Selma in 2016 with three other co-founders: Kevin, Mikael, and Valeria14
  4. Role at Selma:

    • As CEO, he oversees strategic questions, partnerships, investors, HR topics, and financial algorithms1
    • Remains involved in customer interactions to ensure the company is developing in the right direction1
  5. Vision:

    • Aims to make investing simpler and more accessible through AI-driven financial advisory23
    • Focuses on providing personalized financial advice and wealth management solutions3
  6. Achievements:

    • Under his leadership, Selma has grown to serve over 14,000 clients with CHF 270M+ assets under management as of August 20243
    • The company has seen a 27% year-over-year revenue growth3

Patrik Schär's journey from traditional banking to fintech entrepreneurship reflects his commitment to revolutionizing personal finance and making wealth management more accessible and transparent.13

Related Questions

What inspired Patrik Schär to transition from banking to founding Selma Finance?
How does Selma Finance differentiate itself from other robo-advisors?
What are some of the key challenges Patrik Schär faces as CEO of Selma Finance?
How has the COVID-19 pandemic affected Selma Finance's operations?
What is Patrik Schär's approach to strategic planning at Selma Finance?
Patrik Schär
Patrik Schär, photo 1
Patrik Schär, photo 2
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Location

Zurich, Switzerland