Kathrein Privatbank

What Kathrein Privatbank does

Kathrein Privatbank is an Austrian private bank headquartered in Vienna's first district, founded in 1924 by Carl Kathrein. Since 1987 it has operated as a wholly-owned subsidiary of Raiffeisen Bank International AG, benefiting from the parent's A-rated institutional backing while maintaining independent private bank operations. The bank serves high-net-worth individuals, family offices and family businesses, foundations and endowments, institutional investors (pension funds, insurance companies), and wealthy borrowers across Austria, the broader DACH region, and select international markets (including a dedicated CIS Private Banking unit).

The product portfolio spans three integrated pillars: (1) Wealth Management — discretionary portfolio management (Active Wealth), non-discretionary investment advisory, and direct trading; (2) Kathrein Family Konsult — holistic family office services covering wealth structuring, succession planning, foundation services, and coordination with a curated expert network of legal and tax advisors; and (3) Kathrein Asset Management — investment funds (Kathrein Mandatum series, MI Multi Strategy ESG, Kathrein ESG Dynamic Value, NDR Active Allocation, HYPO-INVEST) and customized special funds. Financing products include Lombard loans, real estate mortgages, and specialty loans against alternative collateral (art, wine, precious metals). Investment solutions extend to private equity (via the Moonfare-powered Kathrein Private Markets Platform, requiring EUR 250,000 minimums), structured certificates (with Raiffeisen Zertifikate), crypto assets, LBMA-certified sustainable gold, and real estate. The proprietary Kathrein eBanking platform provides 24/7 digital access with portfolio analysis, secure messaging, and electronic signature.

The business model is fee-based, generating revenue primarily through AUM-linked asset management and advisory fees, transaction-based brokerage commissions, interest income from Lombard and specialty financing, and private banking service fees. Pricing is customized and not publicly disclosed, with a relationship-based sales motion delivered through dedicated Private Bankers. Distribution channels include direct relationship banking, the eBanking platform (web and mobile apps), institutional client services, and the digital Private Markets Platform. Since 2012 the bank has prioritized sustainable investing, with over 75% of fund assets now managed according to ESG criteria, yielding multiple industry awards. Operating geographies span Austria, Germany, and Switzerland, with international and CIS-focused private banking divisions extending reach.

Name

Kathrein Privatbank

Legal name

Kathrein Privatbank Aktiengesellschaft

Website

https://kathrein.at

Company type

Private

Founded year

1924

Operating status

Operating

Headcount range

101–250 employees

Short description

Kathrein Privatbank is an Austrian private bank, wholly-owned by Raiffeisen Bank International, serving high-net-worth individuals, families, foundations, and institutional investors across the DACH region with integrated wealth management, asset management, family consulting, and Lombard financing services.

Ownership category

akta.pro rank

Product category

Private Banking & Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

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

akta.pro primary industry

Affluent / Mass-Affluent Private Banking (FSABADAC)

akta.pro secondary industries

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Private Banking & UHNW Wealth Advisory (FSAEABAC), Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH), Private Client Custody & Brokerage (Execution, Reporting, Safekeeping) (FSAAABAN)

Keywords

• Private banking services
• Wealth management advisory
• Asset management funds
• Family office consulting
• Institutional investment management

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management / Asset Management Fees: The bank generates recurring revenue through asset management fees charged on assets under management across its investment funds (Kathrein Mandatum series, special funds, and third-party funds), discretionary portfolio management mandates, and segment management services. Fee structures typically include management fees calculated on assets under management plus performance fees where applicable.
2. Advisory Services Revenue: Investment advisory fees for non-discretionary mandates where clients receive professional advice but make their own investment decisions. The bank also generates revenue through family consulting services including wealth structuring, succession planning, foundation services, and coordination of expert network.
3. Direct Trading / Brokerage Commissions: Transaction-based revenue from executing securities trades for clients across global exchanges, including equities, bonds, certificates, and other financial instruments. The bank offers direct trading services where clients self-direct investments.
4. Financing Revenue: Interest income from lending products including Lombard loans (securities-backed financing), mortgage and real estate loans, and specialty loans secured by collectibles such as art, wine, and precious metals.
5. Private Banking Services: Comprehensive private banking services including custody fees, account management, and specialized services for families, entrepreneurs, and foundations.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Kathrein Privatbank provides private banking, wealth management, and asset management services to high-net-worth individuals, families, family offices, foundations, and institutional investors in Austria and the German-speaking region. Its core offerings include discretionary portfolio management (Active Wealth), investment advisory, direct trading, the Kathrein Family Konsult service for wealth structuring and succession planning, foundation services, institutional asset management, and financing products (Lombard loans, mortgages, and specialty loans). Multi-manager and proprietary investment funds, certificates, crypto-asset products, precious metals, and curated private equity (via the Kathrein Private Markets Platform) complement the offering, all distributed through dedicated Private Bankers and the Kathrein eBanking platform.

Product overview

Kathrein Privatbank operates as a unified private banking platform offering integrated wealth management services. The core offering comprises three main pillars: (1) Wealth Management services including discretionary Portfolio Management (Active Wealth), Investment Advisory, and Direct Trading; (2) Kathrein Family Konsult providing holistic family office services with wealth structuring, succession planning, foundation services, and an expert network; and (3) Kathrein Asset Management delivering investment fund products including the Kathrein Mandatum series, ESG funds, special funds, and segment management. Financing solutions include Lombard loans, mortgage/real estate loans, and special loans against alternative collateral. The product portfolio is extended through investment solutions covering private equity (via Private Markets Platform with Moonfare), certificates (in partnership with Raiffeisen Bank International), crypto assets, precious metals (Goldkonto), and real estate. All services are delivered through the proprietary Kathrein eBanking digital platform, with personalized advisory through dedicated Private Bankers.

Differentiator

Problem solved

Functional benefit

Brands

• Family Konsult: Competence center for family businesses, private clients, and foundations offering holistic wealth advisory services including wealth structuring, wealth transfer, foundation services, and expert network.
• Active Wealth
• Kathrein Asset Management
• Kathrein Stiftungsoffice
• Kathrein Private Markets Platform

Products and services

• Active Wealth Vermögensverwaltung (Discretionary Portfolio Management) Discretionary portfolio management service where clients set investment objectives and Kathrein's portfolio managers actively manage investments on their behalf with continuous monitoring and regular reviews.
• Anlageberatung (Investment Advisory) Non-discretionary investment advisory where clients receive professional advice and continuous portfolio monitoring but retain final investment decisions.
• Direct Trading Self-directed trading service where clients make investment decisions and Kathrein executes securities transactions with access to global exchanges and direct contact with traders.
• Kathrein Family Konsult Holistic family office and wealth consulting service for families, family offices, and foundations covering wealth structuring, wealth transfer, succession planning, foundation establishment, and coordination of the Kathrein Expert Network of legal, tax, and financial advisors.
• Kathrein Stiftungsservice (Foundation Office) Comprehensive foundation services covering establishment consultation, ongoing advisory for existing foundations, and tailored investment strategies aligned with foundation purpose.
• Kathrein Asset Management Asset management division offering investment funds, special funds, and segment management backed by a portfolio management team with more than 20 years of experience, also serving institutional clients through dedicated mandates.
• Kathrein Mandatum Fund Series Series of multi-asset funds with varying risk profiles (RT/RA share classes) offering different equity/bond allocations to match investor preferences.
• MI Multi Strategy ESG ESG-focused multi-strategy fund certified with the Austrian Umweltzeichen for sustainable finance products.
• Kathrein ESG Dynamic Value Sustainable equity fund focusing on ESG integration combined with dynamic value investing principles.
• NDR Active Allocation - Kathrein Fund Actively managed mixed-asset fund with dynamic allocation across asset classes based on market conditions.
• HYPO-INVEST Real estate-focused investment fund offered in cooperation with Raiffeisen.
• Kathrein Spezialfonds (Special Funds) Customized special funds tailored to specific client requirements and risk parameters, managed by Kathrein as an independent asset manager.
• Kathrein Private Markets Platform Digital platform enabling qualified private investors to access curated private equity funds and secondary market liquidity, developed in partnership with Moonfare.
• Zertifikate (Structured Certificates) Structured certificates with various risk-return profiles ranging from conservative capital-protected to speculative, distributed in partnership with Raiffeisen Zertifikate (Raiffeisen Bank International).
• Krypto-Assets (Crypto Asset Products) Securities-based crypto-asset investment solutions enabling participation in cryptocurrency performance without requiring clients to set up digital wallets themselves.
• Kathrein Goldkonto (Physical Gold Account) Physical gold investment account providing simple and secure access to gold with insured storage and full liquidity, including LBMA-certified sustainable gold.
• Immobilien (Real Estate Investment Services) Real estate investment services covering private property acquisition, investment properties, pension apartments, and developer models.
• Lombardkredite (Lombard Loans) Securities-backed financing enabling short-to-medium term funding with high flexibility and quick disbursement while clients remain invested.
• Hypothekar- und Immobilienkredite (Mortgage and Real Estate Loans) Medium-to-long-term financing secured by Austrian or foreign real estate for wealth building purposes.
• Spezialkredite (Special Loans against Alternative Collateral) Specialized financing using alternative assets such as artwork, precious metals, wine collections, and other valuable collectibles as collateral.
• Kathrein eBanking Platform Digital banking platform providing 24/7 access to accounts, payments, portfolio analysis, certified secure messaging with Private Bankers, and electronic signature for real-time contract execution, available on web and via iOS/Android mobile app.
• Kathrein Expertennetzwerk (Expert Network) Curated network of vetted Austrian legal, tax, and financial experts (lawyers, notaries, tax advisors) coordinated by Kathrein to support foundations, family, inheritance, real estate, corporate, securities, banking, and insurance matters.

Quantifiable outcome

• Over 75% of total fund volume managed according to sustainability criteria
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• MoonfarecoreTechnology or IntegrationMoonfare is a global private equity manager and technology platform. Kathrein partnered with Moonfare to offer the Kathrein Private Markets Platform, providing qualified private investors access to internationally selected private equity funds. Moonfare provides the technology infrastructure and fund selection expertise while Kathrein distributes the platform to its Austrian client base.
• Raiffeisen Zertifikate (Raiffeisen Bank International)coreStrategic or Co-development PartnerClose partnership with Raiffeisen Zertifikate, Austria's best certificate issuer according to industry recognition, for the issuance and distribution of structured certificates. Kathrein offers clients a broad range of certificates from globally recognized issuers through this partnership.
• Kathrein Expert Network (External Advisors)coreOthersKathrein has established an expert network including Austria's leading lawyers, notaries, and tax advisors selected based on strict quality criteria. This network is used for both Kathrein-specific tasks and can be referred to clients for private advisory needs. Experts cover foundation, family, inheritance, real estate, corporate, and tax law as well as securities, banking, and insurance law.
• Verein FamilienunternehmenminorStrategic or Co-development PartnerAnnual co-host of the Familienunternehmertag (Family Business Day) event held at Stift Göttweig. The event brings together family business owners and experts to discuss succession and family enterprise topics. Kathrein gains thought leadership positioning while contributing to the family business community.

Scale indicators3 records

Recent moves13 records

Expansion highlights6 records

Regional players

• HYPO NOE Gruppe: Austrian regional bank group with real estate financing and investment fund offerings (HYPO-INVEST distributed by Kathrein); an adjacent regional bank partner/competitor in Austrian real estate and HNW financing.

Direct peers

• LGT Bank: European private banking and asset management group (Liechtenstein-based) serving HNW/UHNW families and foundations globally — directly comparable relationship-led private banking and wealth structuring franchise.
• Schoellerbank: Austrian private bank owned by UniCredit Group offering wealth management, investment advisory, and financing for HNW individuals and families — directly comparable size, geography, and product mix to Kathrein.
• Bankhaus Schelhammer & Schattera: Austrian private bank with a similar relationship-led HNW model, offering discretionary asset management, investment advisory, and succession/foundation services within the DACH region.
• Erste Group Bank – Private Banking: Austria-headquartered banking group with a Private Banking division serving HNW clients across CEE — competes in the same Austrian core market with comparable HNW/wealth management offerings.

Others

• Raiffeisen Bank International: Kathrein's 100% parent and a major CEE banking group; relevant as parent/ecosystem partner but operates at a different scale and across a different mix of products (corporate, retail, CEE) than Kathrein's HNW private banking focus.

Broad incumbents

• Vontobel: Swiss private banking and asset management firm serving HNW/UHNW clients globally; broader product set and international footprint make it an incumbent benchmark for a sub-scale Austrian private bank.
• Julius Baer: Leading Swiss private bank serving HNW/UHNW clients globally; provides a competitive benchmark for premium advisory, cross-border wealth structuring, and digital capabilities relevant to Kathrein's expansion ambitions.
• Pictet Group: Swiss private bank and asset manager focused on HNW/UHNW wealth services and institutional asset management; comparable on the asset management and family-office dimensions where Kathrein competes.

Emerging players

• C-Quadrat Investment Group: Austrian asset manager with strong fund-of-funds and alternative investment capabilities; overlaps with Kathrein's Mandatum fund series and multi-asset offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KathreinPrivatbank
• LinkedInlinkedin.com/company/kathreinprivatbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Kathrein Privatbank