Saving & Investing for the Next Generation
We all wish we had started investing 20 years ago. With froots your children won’t have to.
This is What You Get at froots
The investment service for your (grand)children
With a savings plan starting at 75 EUR per month or an initial deposit of 1,500 EUR, you can use froots to plan for the next generation. We handle everything for you, so you don’t have to worry about a thing.
Tailored to the child's life
We adapt to your needs. In the years leading up to the payout, your portfolio will be gradually made more secure to optimize opportunities and avoid unnecessary risks.
Maximum flexibility for savings plans and payments
You can pause or adjust savings plans at any time, deposit or withdraw funds flexibly, and other family members can also contribute to your child's account.
Personalized service for the whole family
Your investments will be securely held at our partner bank, Schellhammer Kapital Bank. In the unlikely event that something happens to either froots or our partner bank, your investments will always be safe, regardless of their value.
Studying abroad, having your own apartment, traveling to the moon?
No matter what plans and dreams your child has. With a solid financial foundation, they are easier to achieve. With froots, we can tailor our services to meet your needs.
Please note that the names and images of froots customers in the stories mentioned here have been changed.
Use Case: Finanzielle Unabhängigkeit des Sohnes
Luisa's son is in his first year of life. She knows that it's important to start saving early and wants to use the monthly child benefit for this purpose. With froots, she has the opportunity to invest in a broadly diversified portfolio with small amounts, without having to manage it actively.
Use Case: Finanzielle Freiheit
Manfred wants to impart important financial knowledge to his grandchildren to positively impact their quality of life. Therefore, he started investing for them with froots at an early stage. He deposited 5,000 EUR into each account at their birth. Now, they are at an age where he can discuss the development of the different portfolios with them, and he can transfer the accounts to them with confidence when they reach adulthood.
Use Case: Pension
Peter wants his two daughters to each have 50,000 EUR available at the start of their studies. For this purpose, he has two accounts that are individually managed. Both are invested in thousands of international companies to benefit from global economic growth.
Use Case: Finanzielle Sicherheit für Kinder
Claudia's daughter is now 16 years old. Over the past years, Claudia has already invested a substantial amount for her, and she plans to hand it over in two years. Therefore, froots has been adjusting her portfolio to a more conservative strategy in the final years before the payout to reduce risk.
Early Investing Pays Off
Start at birth, retire as a millionaire? A long investment horizon allows compound interest to work its magic. With our return calculator, you can see how your child's portfolio might grow. The orange line represents your contributions. We handle the rest.
- Überdurchschnittlich
- Durchschnittlich
- Unterdurchschnittlich
- Eingezahlt
EUR
Ohne eine Einmalzahlung von mind. 1500 EUR liegt das Minimum für einen monatlichen Sparplan bei 150 EUR.
Disclaimer: The return calculation in the calculator is based on assumptions derived from historical values (see the information icon in the top right of the calculator). Past performance is not a guarantee of future performance. Actual returns may vary significantly from the estimates. Intermittent fluctuations in value are to be expected due to investments in capital markets.
Here’s how to get started
1. Define your profile
In the first step, we ask you questions about your experiences and attitudes towards investing, as well as your financial situation and investment goals.
2. Receive a personalized investment proposal
Based on your information, you will receive an initial overview of how the portfolio for your child might look. Details regarding savings plans and durations can be adjusted at any time afterwards.
3. We open your account
An account will be opened in your name with our Austrian partner bank. To open the account and depot, simply have a photo ID ready and take a photo of yourself for identification.
4. Done!
Once your account and depot are opened, you can make flexible deposits or start your savings plan at the beginning of the following month. The funds will then be invested by us, and you can track the development in real time through your portal.
Why choose froots over other solutions?
This is how your portfolio would have developed with us.
Despite turbulent times, froots has managed to achieve attractive returns.
*We started to invest in September 2019. Performance of 2024 until end of Q2.
Customer Testimonials
Ivonne Kreuzer
★ ★ ★ ★ ★
Great objective advice, thank you for the excellent investment discussion. Everything was very straightforward and well explained.
Beatrice Tourou
★ ★ ★ ★ ★
I have been looking for an alternative to a savings account for a long time, and I found it with Froots! Great in-person consultation!
Michael K.
★ ★ ★ ★ ★
Super professional and personal. Even with smaller investments, you are treated excellently and everything is explained very transparently. All costs are absolutely manageable, and you don't need any expertise. You can also start with smaller amounts.
Josef Koppitz
★ ★ ★ ★ ★
The best possible customer service, very competent advice… Top!
Regina Siska
★ ★ ★ ★ ★
I did a lot of comparing. With froots, the price-performance ratio is just right. I can highly recommend their services!
Moritz Isola
★ ★ ★ ★ ★
Finally moving away from the savings account! Froots has a great team and guides you perfectly and effortlessly through the onboarding process!
Georg Rosenthal
★ ★ ★ ★ ★
I invested for my back in the time unborn daughter at the time. Everything was explained perfectly and clearly. Great team and excellent opportunities! I’m very impressed and highly recommend it to everyone! Long-term investing made easy!
What others wanted to know...
How does investing for children work with froots?
With froots, you can open an account and invest for your children. The money is managed in your name and can be transferred to your child when they come of age.
Can I also make tailored investments for multiple children?
Yes, because with froots, you can manage multiple accounts with different goals free of charge. Most parents set up one account per child and may have one or more additional accounts for their own financial goals if needed.
How flexible can I change savings plans and durations?
With froots, you can flexibly adjust your savings plans and durations. You can modify and pause monthly contributions, as well as make additional deposits at any time.
From what amounts can I start?
With froots, you can start with a minimum of 75 euros per month or a one-time payment of 1,500 euros per account.
Where is my money held and how secure is it there?
Your money is invested by froots in various financial products, such as stocks, bonds, and commodities like gold. These are held as separate assets at our Austrian partner banks and always belong 100% to you, regardless of the situation with froots or our partner bank. In the event that froots or our partner bank becomes insolvent, your money remains protected.
Please note that these are capital investments that come with both opportunities and risks. Learn more about security with froots here.
Can I grant access to the account to other people or my child?
Your accounts are in your name. Only you have access to the customer portal with your login credentials and can decide who can view your portfolios. Access rights for multiple people are not currently available.
How can I transfer the money to my child?
With froots you are always flexible and you can pay out your money at any time.
In case your child wants to create their own account once they are eighteen, the assets can be transfered to their account.
Can grandparents, uncles, aunts, or godparents also contribute to my children's froots account?
Yes, your froots account is in your name and has its own IBAN. People from your network can also deposit amounts into this account.
However, if these are regular or large amounts, the person must verify themselves with us due to regulatory reasons.
Can I bring my children to the informational meeting?
Certainly! Children are always welcome, and financial education is important to us.
If you come directly to our office in Vienna and your children are a bit older, we can also offer them an introduction to investing, stocks, and related topics.
If you're interested, please email us at [email protected], and we will schedule a suitable appointment.