 | |
| Type | Public limited company (Aktiengesellschaft) |
|---|---|
| SIX: VZN | |
| ISIN | CH0528751586 |
| Industry | Financial services |
| Founded | 1993 |
| Founders |
|
| Headquarters | Zug, Switzerland |
Area served |
|
Key people | Giulio Vitarelli (CEO) |
| Revenue | SFr 414 million (2022)[1] |
Number of employees | 1,247 (FTE)[1] |
| Website | vermoegenszentrum.ch |
VZ Group is a Swiss financial service provider based in Zug. VZ Holding Ltd is listed on the SIX Swiss Exchange. The group employs around 1,250 employees (in full-time equivalents) and managed customer assets amounting to CHF 39 billion as of 31 December 2022.[1]
The group specialises in retirement planning and asset management for individuals as well as in insurance and pension fund management for companies.
Matthias Reinhart has founded VZ Group and is the main shareholder. He holds 61.1 percent of the voting rights (directly and indirectly).[1]
History
The company was founded in 1993 by Matthias Reinhart and Max Bolanz as VZ VersicherungsZentrum AG. Their aim was to bring transparency to the insurance and banking industries in Switzerland. The initial purpose of the company included the brokerage of insurance contracts.
Subsequently, the range of services was continuously expanded. In 1997, the company’s name was changed to VZ VermögensZentrum AG, and the articles of association were amended. Since then, the focus shifted from brokerage to financial consulting and asset management.
In 2000, a holding structure was introduced. In March 2007, the subsidiary VZ Depository Bank Ltd was authorised as a bank and securities dealer by the Swiss Federal Banking Commission.[2] In the same month, VZ Holding Ltd went public.[3]
VZ Vorsorge Ltd was founded in 2013 as a wholly owned subsidiary of VZ Holding. The unit provides services such as consultancy, administration and management for investment funds, pension funds and occupational benefit schemes.[4]
Subsidiaries
VZ Group is organised as a holding company and comprises a.o. the following subsidiaries:[1]
- VZ VermögensZentrum AG, Zurich: financial consulting for individuals in Switzerland
- VZ VermögensZentrum Bank AG, Munich: financial consulting, asset management and bank services for individuals in Germany
- VZ Depository Bank Ltd, Zug: custody account management, securities and currency transactions, asset management and custody account advice for private and institutional clients, granting and acquisition of mortgage loans; sureties and guarantees for clients for whom the bank holds accounts or assets that can be used as collateral for the sureties and guarantees.
- HypothekenZentrum AG, Zurich: management of mortgages and transfer of mortgages to institutional investors
- VZ Versicherungs-Pool AG, Zurich: property and casualty insurances for individuals in Switzerland
- VZ Vorsorge AG, Zurich: consultancy, administration and management services for investment foundations and occupational pension providers
- Lumin Wealth Ltd, Financial Consulting for individuals in England. VZ purchased a 50.1% stake in Lumin Wealth in May 2021.
Board of directors
The Board of Directors consists of Matthias Reinhart, Dr. Albrecht Langhart, Roland Iff, Roland Ledergeber, and Olivier de Perregaux.[1]
Ownership
The ownership structure, as of 31 December 2022:[1]
| Percentage | |
|---|---|
| Matthias Reinhart (direct and indirect) | 61.10% |
| Members of the Board of Directors | 1.49% |
| Other members of the Executive Board | 1.93% |
| Employees | 3.57% |
| Treasury shares | 1.89% |
References
- 1 2 3 4 5 6 7 "VZ Group Annual report 2022" (PDF). VZ Group. Retrieved 22 March 2023.
- ↑ FINMA, Eidgenössische Finanzmarktaufsicht. "FINMA-Bewilligung ist eine Eintrittskarte zum Finanzmarkt". Eidgenössische Finanzmarktaufsicht FINMA. Retrieved 20 October 2020.
- ↑ "Guter Börsenstart von VZ stimmt IPO-Kandidaten optimistisch | NZZ". Neue Zürcher Zeitung (in Swiss High German). 24 March 2007. ISSN 0376-6829. Retrieved 20 October 2020.
- ↑ "Half-year report 2013" (PDF). VZ VermögensZentrum. 2013.