Wealth management firm FNZ acquires Germanys Fondsdepot Bank
Summary
The acquisition of Fondsdepot Bank means FNZ now employs over 1,000 people and manages assets of over €120bn for more than two million customers in Germany. He has extensive leadership experience and a track record of success in the German wealth management sector, and I’m confident that the team will continue to grow FNZ’s business in Germany.” Following the close of the deal, Sebastian Henrichs will continue to be CEO of Fondsdepot Bank, as well as serving as the head of FNZ in Germany. Together, we will continue to grow FNZ’s market-leading client offering by leveraging our combined platform capabilities and market knowledge. It provides expertise and experience to over 650 partners, including Allianz Global Investors, AXA, BNP Paribas, Generali and Gothaer. It hopes the new addition will allow it to advance product and service solutions to its existing end-to-end wealth management platform.
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