Van Lanschot Kempen

What Van Lanschot Kempen does

Van Lanschot Kempen NV is an independent Dutch wealth manager founded in 1737, listed on Euronext Amsterdam (ticker: VLK), and headquartered in 's-Hertogenbosch. The firm operates four integrated business lines: Private Banking (dedicated-relationship wealth management, mortgages, and financing for HNW individuals, entrepreneurs, healthcare professionals, and executives); Professional Solutions (OCIO, depositary, and specialist services for family offices, foundations, independent asset managers, and professional investors); Investment Management (fiduciary management, high-conviction active strategies, alternative solutions, and a fund library for institutional clients); and Investment Banking (M&A advisory, debt advisory, ECM, and equities research and trading with deep sector specializations in European real estate, infrastructure & renewables, technology, and life sciences).

The platform manages EUR 159-180 billion in client assets across six countries, supported by ~2,300 employees and 42 offices. Its core technology infrastructure includes the cloud-native Amundi ALTO SaaS portfolio management platform (front-to-middle office functionality across all investment management lines), proprietary frameworks such as Vermogensregie (structured wealth steering), and the Evi digital investment coach. Underlying technology is largely sourced from best-of-breed vendors (Amundi Technology for portfolio management), with in-house differentiation concentrated in advisory frameworks and investment strategies rather than core infrastructure.

The firm earns revenue from three core streams: recurring asset-based management and advisory fees from Private Banking and Investment Management (EUR 159-180bn AuM base, ~EUR 7.9bn net inflows and 7% AUM growth in 2025); transaction-based fees from Investment Banking (M&A advisory, ECM bookrunning, equities trading); and capital returns to shareholders (EUR 3 dividend + EUR 0.80 capital return per share proposed for 2025). Distribution is relationship-led via dedicated private bankers, specialist relationship managers for Professional Solutions, and direct investment banking coverage of European corporates. Approximately 70% of employees are shareholders, and the firm carries an 18.2% capital ratio.

Name

Van Lanschot Kempen

Legal name

Van Lanschot Kempen NV

Website

https://vanlanschotkempen.com

Company type

Public

Founded year

1737

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Van Lanschot Kempen is an independent Dutch wealth manager (founded 1737, Euronext Amsterdam: VLK) offering private banking, professional/family-office solutions, investment management, and investment banking across the Netherlands, Belgium, Switzerland, UK, France, and the US, serving HNW individuals, institutions, and European corporates.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Funds, Trusts, and Other Financial Vehicles (525), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Robo-Advice for Institutional/Treasury (OCIO-lite, Cash & Liquidity) (FSAGAEAJ), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB), Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK)

Keywords

• Private banking services
• Wealth management advisory
• Investment management fiduciary
• Mergers acquisitions advisory
• Equity capital markets

Headquarters

HQ city

's-hertogenbosch

HQ country

Netherlands

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Private Banking / Wealth Management Fees: Recurring management fees and commission income from private banking clients for wealth management, fiduciary management, and advisory services. Net profit rose 11% to EUR 157 million in 2025 driven by commission income growth.
2. Investment Banking Fees: Advisory fees from M&A, corporate finance, equity capital markets (as joint book-runner, sole financial adviser, lead manager), and equities trading commissions. The firm acts as book-runner on accelerated bookbuild offerings and IPOs.
3. Investment Management Fees: Fiduciary management and investment management fees from managing EUR 159-180 billion in client assets across institutional and professional clients.
4. Capital Returns: Dividend and capital return to shareholders. Proposed dividend of EUR 3 per share plus capital return of EUR 0.80 per share in 2026.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels10 records

Core offering

Van Lanschot Kempen is an independent wealth manager offering an integrated platform across four business lines: Private Banking (personalized wealth management, investment advice, mortgages, and financing for high-net-worth individuals), Professional Solutions (specialist services for family offices, foundations, charities, and independent asset managers), Investment Management (fiduciary management and high-conviction actively managed investment strategies for institutional clients managing EUR 159-180 billion), and Investment Banking (independent advisory in M&A, equities, equity capital markets, and debt advisory).

Product overview

Van Lanschot Kempen is an independent wealth manager offering an integrated platform of four core business lines: Private Banking (serving high-net-worth individuals with personalized wealth management, investment advice, mortgages, and financing), Professional Solutions (specialist services for family offices, foundations, charities, and independent asset managers), Investment Management (fiduciary management and actively managed investment strategies for institutional clients), and Investment Banking (advisory services in M&A, equities, and capital markets). The company supports these core offerings with digital tools including Evi (online investment coach) and specialized services like Vermogensregie (strategic wealth management), OCIO (outsourced chief investment officer), and a comprehensive Fund Library. The platform operates primarily in the Netherlands and Belgium with offices in Switzerland, the UK, France, and the US.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Banking Personal banking services for high-net-worth individuals including wealth management, investment advice, mortgages, and financing solutions tailored to individual client needs, served via dedicated private bankers across 21 Dutch offices and offices in Belgium and Switzerland.
• Professional Solutions Specialist services for family offices, foundations, charities, independent asset managers, and high net worth individuals, offering institutional wealth solutions including Outsourced Chief Investment Officer (OCIO), custody, digital platform, and reporting services.
• Investment Management Fiduciary management and high-conviction, actively managed investment strategies including investment strategies, alternative investment solutions, and fund management for institutional clients such as pension funds.
• Investment Banking Advisory services in mergers and acquisitions, equities, research and trading, covering corporate finance, debt advisory, equity capital markets, and sector expertise in European real estate, infrastructure, technology, and life sciences.
• Fiduciary Management Specialized asset management policies developed for pension funds, helping institutional clients manage investment policies and fiduciary responsibilities with institutional-grade oversight.
• Corporate Finance / M&A Advisory Independent advisory services for mergers and acquisitions, including sell-side and buy-side M&A, with deep sector knowledge in European real estate, infrastructure, technology, and life sciences for European corporates.
• Equity Capital Markets Services covering IPOs, placements, accelerated bookbuild offerings, and rights issues for European corporates seeking capital market access.
• Equities Research and Trading Equity research, sales, trading, and distribution services covering European stocks with specialized sector focus including niche sectors like Local Alpha, Infrastructure, Life Sciences, Tech & FinTech, and Real Estate.
• Debt Advisory Advisory services for debt financing including green bonds, convertible bonds, and various debt instruments for corporate clients.
• Outsourced Chief Investment Officer (OCIO) Institutional investment management services outsourced to Van Lanschot Kempen, providing customized investment solutions, reporting, and accountability for complex wealth issues facing high-net-worth families, foundations, and family offices.
• Alternative Investment Solutions Non-traditional investment offerings including farmland/natural capital investing and other alternative asset categories for institutional and qualified investors.
• Fund Library Access to a library of investment funds for professional and institutional investors, covering various asset classes and strategies.
• Evi Online Investment Coach Online investment coach offering digital wealth management services including pension investing with tax advantages and automated portfolio management for Dutch retail investors.
• Mercier Van Lanschot (Belgium Private Banking) Private banking brand serving clients in Belgium, offering personalized wealth management services as part of the Van Lanschot Kempen group.
• Vermogensregie Wealth Steering Strategic wealth management service that helps clients map financial goals, optimize asset structure, and develop personalized investment solutions through an ongoing advisory process, including Vermogenshorizon, Vermogensstructurering, and Vermogensoplossingen components.

Quantifiable outcome

• Assets under management grew 7% to €180 billion with net inflows of €7.9 billion in 2025
• +2 more outcomes

Named customers9 records

Segments8 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• European Payments InitiativecoreStrategic or Co-development Partner · 23 June 2026Van Lanschot Kempen became a principal member of the European Payments Initiative, a pan-European payment solution.
• Valneva SEminorChannel Partner/ Reseller/ Distributor · 1 June 2026Van Lanschot Kempen acted as Joint Bookrunner for Valneva's reserved offering of up to EUR 84 million.
• Feijenoord (Stadion Feijenoord N.V.)minorStrategic or Co-development Partner · 1 June 2026Van Lanschot Kempen acted as Sole Financial Adviser for the acquisition of Stadion Feijenoord N.V.
• Egetis Therapeutics ABminorChannel Partner/ Reseller/ Distributor · 21 April 2026Van Lanschot Kempen acted as Joint Bookrunner for Egetis Therapeutics' directed share issue of approximately SEK 350 million (USD 38 million) through an accelerated bookbuilding process targeting international and Swedish institutional investors.
• Cantargia ABminorChannel Partner/ Reseller/ Distributor · 5 March 2026Van Lanschot Kempen hosted Cantargia AB's management at one-on-one meetings during the Van Lanschot Kempen Life Sciences Conference in Amsterdam on April 16, 2026.
• Merlin PropertiesminorChannel Partner/ Reseller/ Distributor · 1 March 2026Van Lanschot Kempen acted as Joint Bookrunner for Merlin Properties' accelerated bookbuild offering of EUR 768 million.
• KBC SecuritiescoreStrategic or Co-development Partner · 26 February 2026Van Lanschot Kempen Investment Banking and KBC Securities agreed to combine their equities businesses into a 50-50 joint venture. The merger covers equity research, sales, trading, and equity capital markets execution, aiming to broaden stock coverage and strengthen market presence for both entities. Subject to regulatory approval expected in Q4 2026.
• Agomab Therapeutics NVminorChannel Partner/ Reseller/ Distributor · 5 February 2026Van Lanschot Kempen acted as joint book-running manager for Agomab Therapeutics' US IPO on Nasdaq, pricing 12,500,000 American Depositary Shares at $16.00 per ADS, raising approximately $200 million.
• Amundi TechnologycoreTechnology or Integration · 15 December 2025Van Lanschot Kempen selected Amundi Technology's ALTO Investment platform as its new portfolio management system across all investment management business lines. The cloud-native SaaS platform provides front-to-middle office functionality, enabling management of multi-line investment operations including fiduciary activities and multi-layer investment structures.
• State Street Investment ManagementminorChannel Partner/ Reseller/ Distributor · 1 October 2025State Street Investment Management and Van Lanschot Kempen collaborate on active ETFs and explore other market offerings for wealth and OCIO (Outsourced CIO) clients. The partnership aims to enhance asset management services through combined distribution capabilities.
• Mercier VanderlindencoreStrategic or Co-development Partner · 22 December 2022Van Lanschot Kempen acquired the remaining 30% stake in Mercier Vanderlinden in a cash and share transaction. The deal was expected to positively impact Van Lanschot Kempen's capital ratio and results, with a planned rebranding to Mercier Van Lanschot in 2023, deepening collaboration between the two firms.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• ABN AMRO: Large Dutch universal bank with a significant private banking and wealth management franchise serving HNW clients in the Netherlands and internationally. Directly comparable as a domestic wealth competitor with similar client segments and broader product set.
• ING Group: Major Dutch-headquartered bank with a wealth management and investment business across Europe. Comparable as a domestic financial institution offering private banking and investment services to similar Dutch/Benelux clients, though at much larger scale.
• Rabobank: Dutch cooperative bank with private banking and wealth management divisions targeting affluent Dutch clients. Comparable as a home-market competitor with overlapping HNW and entrepreneur client bases in the Netherlands.
• Indosuez Wealth Management: Wealth management arm of Crédit Agricole serving HNW clients across Europe, Asia, and the Middle East. Comparable as a European-headquartered wealth manager with HNW and family office services, though owned by a larger banking group.

Direct peers

• Julius Baer: Swiss pure-play wealth manager focused on HNW and family office clients across Europe, Asia, and Latin America. Closely comparable as an independent, publicly listed wealth manager with similar advisory-led model serving European HNW families.
• Pictet Group: Swiss private bank and asset manager with strong European HNW and institutional client franchises. Comparable as an independent, family-controlled wealth and asset manager serving similar client profiles and asset classes.
• Vontobel: Swiss wealth and asset manager with a focus on active investment strategies and HNW/private banking in Europe. Comparable as a mid-sized European wealth manager with similar active investment philosophy and private banking model.
• LGT Group: Liechtenstein-based private banking and asset management group owned by the Liechtenstein princely family. Comparable as a European independent, family-controlled wealth manager serving HNW and ultra-HNW clients with similar long-term orientation.
• Berenberg: German merchant bank with private banking, asset management, and investment banking divisions. Comparable as a European independent mid-sized bank offering an integrated wealth and investment banking platform similar to Van Lanschot Kempen's.
• J. Safra Sarasin: Swiss private bank with HNW and family office focus across Europe, Latin America, and Asia. Comparable as an independent, conservative Swiss-rooted private bank with similar active asset management capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vanlanschotkempen
• Xx.com/VLKcorporate

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Van Lanschot Kempen