Taunus Trust

What Taunus Trust does

Taunus Trust AG is an independent, employee-owned asset management boutique headquartered in Bad Homburg v. d. Höhe, Germany. Founded in 2013 by former senior executives of Feri AG (a leading German institutional asset manager), the firm holds a BaFin license under §15 WpIG covering Financial Portfolio Management (Finanzportfolioverwaltung), Investment Advisory, Brokerage, and Investment Intermediation. The company is fully partner-owned, with 100% of shares held in employee hands, eliminating external investor influence.

The firm operates a contrarian (antizyklisch) investment platform built around an in-house quantitative Aktien-Screening model that evaluates approximately 4,000 global large-cap equities using valuation frameworks including Shiller-CAPE, producing a shortlist of 50-70 stocks for discretionary fundamental analysis. Its public product set comprises five Publikumsfonds distributed primarily in Germany, Luxembourg, and Austria: Huber Portfolio SICAV (opportunistic multi-asset, facing Hard Close June 2026), TT Contrarian Global (global equity), TT Contrarian Flexible (dynamic multi-asset, launched December 2024), TT Contrarian Bond (global corporate bond, launched December 2025), and TT Multi Assets Balanced (balanced multi-asset). Alongside the funds, Taunus Trust delivers institutional consulting (strategic asset allocation, manager selection, risk overlay) and individualized wealth management services for pension funds, church institutions, foundations, family offices, and high-net-worth private investors.

The firm manages approximately €7.5 billion in assets under management and advisory with a team of approximately 20 employees, generating revenue through recurring fund management fees (e.g., 0.9% ongoing charges on Huber Portfolio SICAV), bespoke mandate fees on institutional and UHNW portfolios, and transaction-based fees from securities intermediation. Distribution combines direct senior-relationship-manager-led institutional sales with broad retail distribution via online brokers (DKB, Consorsbank, Comdirect, sbroker), banks (DZ PRIVATBANK, V-Bank), and independent financial advisors across the DACH region. The firm is consistently recognized through Citywire TOP 50 Vermögensverwalter designations (2024, 2025), €uro FundAwards (2023, 2025, 2026), and WirtschaftsWoche wealth manager rankings (2024-2026).

Name

Taunus Trust

Legal name

Taunus Trust AG

Website

https://taunustrust.de

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Taunus Trust AG is an independent, employee-owned German asset management boutique founded in 2013, managing ~€7.5 billion across five anticyclical public funds and individual mandates for institutional, foundation, family-office, and high-net-worth investors in the DACH region.

Ownership category

akta.pro rank

Headquarters

HQ city

Bad Homburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Portfolio Management (Finanzportfolioverwaltung): Core revenue stream. Taunus Trust holds a BaFin license for Financial Portfolio Management (Finanzportfolioverwaltung) under §15 WpIG, enabling the firm to manage investment portfolios for institutional and private clients. This includes individual mandate management and management of proprietary public funds.
2. Investment Advisory (Anlageberatung): Advisory services provided to institutional clients (pension funds, foundations, church institutions, family offices) covering strategic asset allocation, manager selection, and risk management overlay. Billed as part of comprehensive mandate agreements.
3. Fund Management Fees: Taunus Trust acts as investment manager for five public funds (Publikumsfonds): Huber Portfolio SICAV, TT Contrarian Flexible, TT Contrarian Global, TT Contrarian Bond, and TT Multi Assets Balanced. Revenue is generated through ongoing fund management fees (e.g., Huber Portfolio SICAV: 0.9% p.a. ongoing charges) and performance-related fees where applicable.
4. Transaction-based Securities Intermediation: As a licensed securities institute under §15 WpIG, Taunus Trust also earns fees from investment intermediation (Anlagevermittlung) and contract intermediation (Abschlussvermittlung), generating transaction-based revenue on securities trades executed for clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Taunus Trust AG is a BaFin-licensed independent asset manager that sells and manages five publicly distributed investment funds (Publikumsfonds) and offers bespoke portfolio management mandates. The core offering combines institutional consulting (strategic asset allocation, risk management overlay, manager selection) with individual wealth management and contrarian-managed funds following the firm's AAA (Antizyklisch, Aktien, Antifragile) philosophy.

Product overview

Taunus Trust AG is an independent asset management company founded in 2013 with headquarters in Bad Homburg, Germany. The company offers a portfolio of five public funds (Publikumsfonds) with anticyclical investment strategies: Huber Portfolio SICAV (opportunistic multi-asset fund, Hard Close June 2026), TT Contrarian Flexible (dynamic multi-asset), TT Contrarian Global (global equity), TT Contrarian Bond (corporate bonds), and TT Multi Assets Balanced (balanced multi-asset). Alongside the fund products, Taunus Trust provides institutional consulting (strategic asset allocation, risk management, manager selection) and individual wealth management services for private clients, family offices, foundations, and institutional investors. The company manages approximately EUR 7.5 billion with 20 employees, operating under BaFin authorization as a completely partner-owned and independent firm.

Differentiator

Problem solved

Functional benefit

Products and services

• Huber Portfolio SICAV Opportunistic multi-asset public fund managed by Peter E. Huber since 2012 following a contrarian investment philosophy. Invests globally predominantly in substantial value and turnaround stocks, bonds, gold mines, commodities, currencies, and derivatives. Targeted at institutional and qualified private investors; Hard Close effective 30 June 2026.
• TT Contrarian Flexible Dynamic contrarian multi-asset fund launched in December 2024 combining quantitative stock, country, and sector analysis with discretionary research. Follows the AAA principle (Anticyclical, Equities, Anti-Fragile) with over 50% in equities, supplemented by gold, government bonds, and CHF/JPY safe-haven currencies. Distributed in Germany and Luxembourg to both institutional (I-Tranche) and retail (P-Tranche) investors.
• TT Contrarian Global Contrarian global equity fund investing worldwide in attractively valued substantial stocks and turnaround situations. Initially managed by Peter E. Huber since December 2021, with Jan David Meyer, CFA taking over management responsibility on 1 April 2026 and Norbert Keimling responsible for quantitative research. Available in I-Tranche (EUR 100,000 minimum), P-Tranche, and T-Tranche (accumulating) share classes, distributed in Germany and Austria.
• TT Contrarian Bond Contrarian global bond fund launched in December 2025 focusing on corporate bonds, high-yield segments, subordinated bonds, special situations, and select emerging markets. Managed by Dr. Thomas Umlauft and Philipp Busler. Offered as I-Tranche (EUR 25 million institutional minimum) and P-Tranche (no minimum), distributed in Germany and Luxembourg.
• TT Multi Assets Balanced Balanced multi-asset fund launched in June 2013, managed by Dr. Min Sun and Dr. Daniel Hartmann. Invests globally across all liquid asset classes with a balanced risk/return profile under a value-oriented and anticyclical investment style. Available as I-Tranche (EUR 100,000 minimum) and P-Tranche, distributed in Germany and Luxembourg.
• Institutionelles Consulting (Institutional Consulting) Comprehensive consulting service for institutional investors including strategic asset allocation, risk management and overlay, manager/instrument selection, and portfolio construction. Targeted at pension funds, church institutions, foundations, and family offices.
• Individuelle Verm\u00f6gensverwaltung (Individual Wealth Management) Bespoke tail

Quantifiable outcome

• Huber Portfolio SICAV won the €uro FundAward as best mixed-asset fund (Mischfonds überwiegend Aktien) for 1-year period (2023) and 3-year period (2025)
• +5 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• IPConcept (Luxemburg) S.A.coreStrategic or Co-development PartnerIPConcept (Luxemburg) S.A. (4, rue Thomas Edison, L-1445 Strassen, Luxemburg) serves as the fund management company (Verwaltungsgesellschaft) for Taunus Trust's public funds. IPConcept handles fund administration, regulatory compliance in Luxembourg, and is the entity through which the funds are distributed. The funds' legal base is Luxembourg (SICAV structure).
• DZ PRIVATBANK S.A.coreStrategic or Co-development PartnerDZ PRIVATBANK S.A. serves as the custodian bank (Verwahrstelle) for the public funds managed by Taunus Trust, including TT Contrarian Flexible, TT Contrarian Global, and TT Contrarian Bond. The custodian is responsible for the safekeeping of fund assets and oversight of fund operations.
• Verband unabhängiger Vermögensverwalter Deutschland e.V. (VuV)minorStrategic or Co-development PartnerTaunus Trust AG is a member of the Verband unabhängiger Vermögensverwalter Deutschland e.V. (VuV), the industry association for independent asset managers in Germany. Membership includes access to the VuV arbitration board (VuV-Ombudsstelle) for dispute resolution in financial services matters. Taunus Trust is obligated to participate in VuV conciliation proceedings.
• Entschädigungseinrichtung der Wertpapierhandelsunternehmen (EdW)minorOthersTaunus Trust AG is assigned to the Entschädigungseinrichtung der Wertpapierhandelsunternehmen (EdW, 10865 Berlin), Germany's investor compensation scheme for securities trading companies, providing statutory protection for client assets in the event of insolvency.
• Deutsche Bundesbank (Hauptverwaltung Hessen)minorOthersAs a BaFin-licensed securities institute, Taunus Trust AG is subject to supervision by both BaFin and Deutsche Bundesbank (Hauptverwaltung in Hessen).

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• DJE Kapital AG: German independent asset manager with value-tilted equity and multi-asset funds (e.g., DJE Zins & Dividende). Comparable as a contrarian/value-oriented German boutique competing in the same Publikumsfonds and institutional segments.
• Eyb & Wallwitz Vermögensmanagement GmbH: Independent German value manager in Munich, known for concentrated equity and multi-asset mandates. Highly comparable on boutique size, independent ownership, value philosophy, and DACH institutional/HNW client base; also a former employer of Taunus Trust Senior RM Steffen Berndt.
• Flossbach von Storch: One of Germany's largest independent multi-asset managers with broad Publikumsfonds range and strong institutional presence. Directly comparable on independent ownership, value-oriented multi-asset philosophy, and German institutional/retail dual channel.
• ACATIS Investment GmbH: German independent value manager focused on value equities and multi-asset funds. Comparable boutique profile, value/contrarian orientation, and German Publikumsfonds distribution model.
• StarCapital AG: Independent German asset manager founded by Peter E. Huber and later sold; now operates with similar contrarian, empirical capital-markets-research approach. Direct peer on investment philosophy and is the prior employer of Peter E. Huber, Norbert Keimling, Andreas Krauss and Steffen Berndt.
• HRK LUNIS AG: German independent wealth manager serving HNW and institutional clients with multi-asset portfolios including a fixed-income emphasis. Comparable on boutique scale, independent ownership, and the prior employer of TT Contrarian Bond managers Dr. Thomas Umlauft and Philipp Busler.
• HQ Trust GmbH: German independent multi-family-office and asset manager serving HNW/family-office segment with multi-asset portfolios. Comparable on German independent ownership, HNW/family-office client focus, and multi-asset discretionary management.

Broad incumbents

• Feri AG: Large German institutional investment consulting and asset management firm. Many Taunus Trust partners originated from Feri (Stammler was chairman); comparable on institutional consulting, manager-selection, and DACH institutional client base, though significantly larger and broader.
• Bankhaus Metzler / Metzler Asset Management: German private bank with multi-asset fund and institutional asset management business. Comparable on DACH institutional and HNW client focus; prior employer of board member Dr. Leonhard von Metzler, providing cultural/structural linkage.
• Carmignac Gestion: European independent asset manager with value/conviction-led multi-asset and equity funds distributed across Europe. Comparable on independent ownership, conviction-driven global funds, and broader European institutional/retail footprint — a scaled-up analogue of Taunus Trust's model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/taunus-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 Taunus Trust