VZ Holding
|
Limited company (Aktiengesellschaft) Public company | |
| Traded as | SIX: VZN |
| Industry | Financial services |
| Founded | 1993 |
| Headquarters |
Beethovenstrasse 24 Zürich, Switzerland |
Area served | Switzerland, Germany |
Key people | Matthias Reinhart (Chairman and CEO) |
Number of employees | 708 (December 2014)[1] |
| Website | vermoegenszentrum.ch |
VZ Holding Ltd. is a Swiss financial service company listed on the SIX Swiss Exchange. Its head office is based in Zürich.
It has branches in Aarau, Baden, Basel, Bern, Chur, Fribourg,[2] Geneva, Horgen, Lausanne, Liestal, Lucerne, Meilen, Neuchatel, Rapperswil, Rheinfelden, Schaffhausen, Solothurn, St. Gallen, Sursee Thun, Winterthur, and as well as subsidiaries in Germany (Frankfurt, Düsseldorf, Munich and Nuremberg).
The group employs 708 employees, with total managed assets amount to 14,5 billion Swiss francs.[1]
Business activity
The company specialises in the areas of retirement planning and portfolio management for individuals as well as in insurance and pension fund management for companies.
History
The company was founded in 1993 by Matthias Reinhart and Max Bolanz. The company was firstly called VZ Versicherungszentrum AG. The idea was to provide price comparison and benchmarks in the Swiss insurance and banking sector. Initially, the commercial activity consisted of insurance brokerage for private individuals.
The range of services was expanded over the years. In 1997 the name was changed to VZ Vermögenszentrum AG and the articles of association where adjusted. From now on insurance brokerage was no longer the core business. Business activities now where and still are financial consulting as well as wealth management.
In the year 2000 the group of companies was organized in holding structure. In March 2007 the subsidiary VZ Depotbank AG was authorised as bank and securities dealer by the Swiss Federal Banking Commission. Also during March 2007 VZ Holding Ltd effected its initial public offering (IPO).[3]
Matthias Reinhart, founder and Chief Executive Officer of VZ Holding Ltd, holds a majority of shares both directly and indirectly (indirectly through Madarex Ltd, a company he controls). In addition to Matthias Reinhart, four institutional investors controlled more than 3% of the voting rights: UBS Fund Management (Switzerland) Ltd, DWS Investment GmbH (Frankfurt), Capital Group Companies and FIL Limited. [1]
References
- 1 2 3 annual report 2014, published on 2 March 2015
- ↑ VZ Vermögenszentrum expandiert nach Fribourg finews.ch, published on 14 January 2013
- ↑ VZ launches IPO, press release dated 12 March 2007