VZ Holding

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VZ Holding Ltd.
TypePublic limited company (Aktiengesellschaft)
SIX: VZN
ISINCH0528751586
IndustryFinancial services
Founded1993
HeadquartersZurich, Switzerland
Area served
Switzerland, Germany
Key people
Matthias Reinhart (CEO)
Revenue329 million CHF (2020)[1]
Number of employees
1,036 (FTE) (December 2020)[1]
Websitewww.vermoegenszentrum.ch/vz-holding.html
Customer lounge at VZ Holding's headquarters in Zurich

VZ Group is a Swiss financial services provider headquartered in Zurich. VZ Holding Ltd has been listed on the SIX Swiss Exchange since March 2007. The group employs around 1,200 people and managed customer assets amounting to 31.45 billion Swiss francs on December 31, 2020.[1]

VZ Group specialises in retirement planning and portfolio 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. On December 31, 2020, he held 61 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 Ltd. Their aim was to bring transparency to the insurance and banking industries in Switzerland by comparing prices and benefits. The initial purpose of the company included the brokerage of insurance contracts.

Subsequently, the range of services was continuously expanded. In 1997, the name was changed to VZ VermögensZentrum Ltd, and the articles of association were amended. Since then, the focus shifted from brokering to financial consulting and portfolio 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:[5]

  • VZ VermögensZentrum AG, Zurich: financial consulting and wealth management for individuals in Switzerland
  • VZ VermögensZentrum GmbH, Munich: financial consulting and wealth management for individuals in Germany
  • VZ Depository Bank AG, Zug: securities accounts, securities and currency transactions, portfolio advisory and management for private clients and institutional investors
  • VZ Depotbank Deutschland AG, Munich: banking services for individuals in Germany
  • HypothekenZentrum AG, Zurich: management of mortgages and transfer of mortgages to institutional investors
  • VZ Insurance Services AG, Zurich: risk management consulting as well as insurance and pension fund management for corporations
  • VZ Versicherungs-Pool AG, Zurich: property and casualty insurances for individuals in Switzerland
  • VZ Vorsorge AG, Zurich: consulting and management services for investment foundations and institutions providing occupational benefit schemes

Board of Directors[]

The Board of Directors consists of Fred Kindle, Dr. Albrecht Langhart, Roland Iff, Roland Ledergeber, and Olivier de Perregaux.[6]

Ownership[]

The ownership structure, on December 31, 2020:[1]

Percentage
Matthias Reinhart (direct and indirect) 61,04 %
Members of the Board of Directors 1,45 %
Other members of the Executive Board 1,81 %
Employees 3,58 %
Mawer Investment Management Ltd <3,00 %
Treasury shares 1,83 %

References[]

  1. ^ a b c d e "Annual Report 2020", published on March 5, 2021
  2. ^ FINMA, Eidgenössische Finanzmarktaufsicht. "FINMA-Bewilligung ist eine Eintrittskarte zum Finanzmarkt". Eidgenössische Finanzmarktaufsicht FINMA. Retrieved 20 October 2020.
  3. ^ "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.
  4. ^ "Half-year report 2013" (PDF). VZ VermögensZentrum. 2013.
  5. ^ "Annual Report 2017" (PDF). 1 March 2018. Retrieved 20 October 2020.
  6. ^ "VZ shareholders approve of Board of Directors’ motions", press release, published on April 12, 2021

External links[]

External links[]

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