FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of Germany’s leading independent custody and trading platforms. The acquisition represents FNZ’s further investment in the German market and will bring together the additional strengths of the ebase investment platform, professional wealth management technology provider DIAMOS and Fondsdepot Bank.

Following the acquisition of Fondsdepot Bank, FNZ employs more than 1,000 employees and manages over 120 billion euros worth of assets for more than 2 million customers in Germany. The company brings its expertise and experience to over 650 partners, including Allianz Global Investors, AXA, BNP Paribas, Generali, Gothaer, comdirect and WWP.

Sebastian Henrichs will continue to be the CEO of Fondsdepot Bank, and lead FNZ Germany. Kai Friedrich will continue to lead ebase as CEO and will be appointed FNZ’s Head of European Integration.

FNZ is transforming the industry landscape with its comprehensive wealth management platform. By combining the most advanced investment technology, infrastructure and operations in a single, state-of-the-art platform, FNZ enables global financial institutions to rapidly deliver personalized services. products and innovative wealth management products that perfectly fit the needs of their clients.

“We are delighted to have successfully completed the  acquisition of Fondsdepot Bank, which, together with ebase and DIAMOS, accelerates our mission to  open up wealth by making wealth management more accessible to more people.” 

“We also look forward to welcoming Sebastian. 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.”

Adrian Durham, Group CEO of FNZ.

“I am very excited about the opportunity to join  FNZ and to work with such a strong team. Together, we will continue to grow FNZ’s market-leading client offering by leveraging our combined platform capabilities and market knowledge. All of our  employees will play a critical role in achieving this goal, creating even more exciting career  opportunities in the future.”

Sebastian Henrichs, CEO Fondsdepot Bank.