Spiekermann & CO AG

What Spiekermann & CO AG does

Spiekermann & CO AG is a BaFin-regulated independent wealth management firm headquartered in Osnabrück, Germany, founded in 2001 by Friedrich Spiekermann. The firm manages over €1 billion in assets for private individuals, entrepreneurial families, foundations, and mid-sized companies (Mittelstand) through four Northwest German offices — Osnabrück, Münster, Bielefeld, and Nordhorn. Its core offering is fee-only financial portfolio management (Vermögensverwaltung), where the firm makes autonomous investment decisions within each client's risk profile. This is supplemented by two proprietary funds — Stiftungsfonds Spiekermann & CO (a defensive, foundation-oriented fund targeting real capital preservation with at least 70% in fixed income) and Spiekermann & CO Strategie I (a growth-oriented equity fund with 60–75% equity exposure and anticyclical quota management) — as well as investment advisory and brokerage services licensed under the Wertpapierinstitutsgesetz (WpIG) and additional permits under §34d and §34i of the GewO.

The firm operates on a transparent, fee-only revenue model — a semi-annual percentage charge on managed assets — with no commissions, trailer fees, or retained retrocessions. The minimum managed asset threshold for individualized portfolio management is approximately €250,000. Distribution is conducted exclusively through face-to-face advisory at the four regional offices, supported by content marketing including the 'Substanz' blog/newsroom, the new biannual client magazine 'Der Spieker', an email newsletter, LinkedIn, YouTube, and the digital 'Vermögenscheck' lead-qualification tool. The firm is anchored by Dr. Lutz Helmig through ATON GmbH as the majority shareholder; Sebastian Kotte (Board Speaker, since 2012) and co-founder Dirk Scherz lead the executive board, while Lars Hille (CEO of V-Bank) chairs the supervisory board since 2019.

Spiekermann's investment process is rules-based and anticyclical, integrating sustainability risk considerations under SFDR Article 3 and producing quarterly performance reporting. The firm has earned the €uro Fund Award 2026 (Top 3 for Strategie I in 1- and 3-year periods), the FondsConsult Stiftungsfonds-Studie Bestnote of 1.3, and the FundAward 2026 recognition, alongside consistent Top Company recognition on Kununu. Technology is limited to the Finadesk client portal and standard advisory tooling; no proprietary AI/ML, trading, or portfolio construction platform is disclosed.

Name

Spiekermann & CO AG

Legal name

Spiekermann & CO AG

Website

https://spiekermann-ag.de

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Spiekermann & CO AG is a BaFin-regulated independent German wealth manager founded in 2001, providing fee-only portfolio management, proprietary fund products, and integrated wealth planning to HNW individuals, entrepreneurial families, foundations, and Mittelstand companies across four Northwest German offices.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industries

Business Owner & Executive Financial Planning (FSAEAAAO), Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ)

Keywords

• Independent wealth management
• Financial portfolio management
• Asset management services
• Foundation endowment management
• Estate succession planning

Headquarters

HQ city

Osnabrück

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Portfolio Management (Vermögensverwaltung): Fee-only, percentage-based compensation charged semi-annually on the managed asset volume. No commissions, trailer fees, or product-linked incentives are accepted — all retrocessions are passed through to clients. This is the primary revenue stream.
2. Fund Management (Eigene Fonds): Revenue from managing proprietary funds: Stiftungsfonds Spiekermann & CO (defensive, targeting foundations and conservative investors) and Spiekermann & CO Strategie I (growth-oriented equity fund). Fund management fees are embedded in the fund structures managed via Universal-Investment.
3. Investment Advisory and Brokerage: Licensed under WpIG to provide investment advice and act as an investment intermediary (Anlageberatung and Abschlussvermittlung), generating advisory fees in addition to portfolio management.

Pricing tiers

Distribution channels1 record

Marketing channels7 records

Core offering

Spiekermann & CO AG provides independent, fee-based financial portfolio management (Vermögensverwaltung) for affluent private clients, entrepreneurial families, foundations, and mid-sized companies. The firm manages proprietary funds including the conservative Stiftungsfonds Spiekermann & CO and the growth-oriented Spiekermann & CO Strategie I, complemented by advisory services covering retirement planning, estate succession, foundation management, and family office support, with a minimum managed asset threshold of approximately €250,000.

Product overview

Spiekermann & CO AG operates as an independent wealth management firm offering a comprehensive suite of financial services centered around its core financial portfolio management (Vermögensverwaltung) platform. The company manages proprietary investment funds including the Stiftungsfonds Spiekermann & CO (a conservative endowment fund targeting real capital preservation) and the Spiekermann & CO Strategie I (a growth-oriented equity fund). These fund products are complemented by a range of advisory and planning services including risk profile analysis, retirement planning (Altersvorsorge), estate succession planning (Vermögensnachfolge), foundation management (Stiftungsmanagement), and family office services. A self-service digital tool (Vermögenscheck) provides preliminary wealth analysis, while specialized services like the Nießbrauchdepot address specific wealth structuring needs. The company serves private individuals, entrepreneur families, foundations, and corporate clients with assets typically starting from approximately €250,000.

Differentiator

Problem solved

Functional benefit

Brands

• Stiftungsfonds Spiekermann & CO: A multi-award-winning investment strategy focused on security and yield as a balancing act, offering a solution for those who value stability, predictability, and sustainable returns.
• Spiekermann & CO Strategie I
• Der Spieker

Products and services

• Vermögensverwaltung (Wealth Management) Individual financial portfolio management service where Spiekermann makes autonomous investment decisions on behalf of clients, selecting financial instruments based on each client's investor profile, risk tolerance, and investment goals. Minimum managed assets approximately €250,000.
• Stiftungsfonds Spiekermann & CO A conservatively managed investment fund targeting real capital preservation after costs, expected inflation of 3-4%, and annual volatility under 5%. Maintains at least 70% in fixed-income instruments, maximum 30% in equities, with a strategic gold allocation. Achieved a 1.3 rating in the FondsConsult Stiftungsfonds-Studie.
• Spiekermann & CO Strategie I (Strategiefonds) A growth-oriented equity fund with at least 60%, on average 75%, of fund assets permanently invested in equities. Combines value stocks with stable business models and opportunistic growth positions, employing counter-cyclical equity quota management for long-term wealth accumulation.
• Nießbrauchdepot A specialized usufruct depot service for managing assets in which beneficiaries retain lifetime usage rights, addressing complex wealth structuring and succession scenarios.
• Risikoprofilanalyse (Risk Profile Analysis) Risk profile analysis evaluating the client's financial situation, investment goals, time horizon, risk tolerance, sustainability preferences, and knowledge and experience to recommend suitable investment guidelines.
• Stiftungsmanagement (Foundation Management) Comprehensive foundation management services ensuring sustainable management and preservation of foundation assets, designed for charitable foundations and endowments requiring capital preservation with predictable annual distributions.
• Family Office Comprehensive wealth management services for high-net-worth families and family offices, providing holistic financial oversight and multi-generational wealth strategy.
• Altersvorsorge (Retirement Planning) Retirement planning services ensuring that clients' standard of living is secured throughout their retirement years.
• Vermögensnachfolge (Estate Succession Planning) Estate succession planning services ensuring clear succession arrangements for transferring wealth to future generations, covering estate structuring and generational wealth transfer.
• Unternehmensservice (Corporate Services) Corporate services providing business protection and agility through financial planning and asset management solutions, covering corporate treasury management and company pension schemes for mid-sized German companies (Mittelstand).
• Zukunftsplanung (Future Planning) Future planning services ensuring that loved ones have all options available through comprehensive, holistic financial planning.
• Vermögensanlage (Asset Investment) General asset investment services focused on optimal placement of client wealth based on individual investor profiles.

Quantifiable outcome

• Assets under Management exceeding €1 billion in individual wealth management (as of November 2025)
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Verband unabhängiger Vermögensverwalter Deutschland e.V. (VuV)coreOthersSpiekermann & CO AG is a member of the VuV (Association of Independent Asset Managers Germany). Membership obligates participation in the VuV arbitration body (VuV-Ombudsstelle) for consumer dispute resolution per EU Directive 2013/11. The VuV provides a framework for industry standards, best practices, and consumer protection mechanisms for independent wealth managers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• DJE Kapital AG: German independent asset and wealth manager (Pullach) offering discretionary portfolio management and proprietary funds (e.g., DJE Zins & Dividende) to HNWI and institutional clients. Closely comparable in business model — BaFin-regulated, fee-based, founder-influenced, fund-led structure targeting similar client profiles.
• Hauck & Aufhäuser: Frankfurt-based private bank offering wealth management, asset management, and fund services. Comparable in its combination of discretionary portfolio management, proprietary fund products (HAIG), and focus on HNWI/family-office clients with a strong German-Mittelstand orientation.
• Flossbach von Storch: One of Germany's largest independent Vermögensverwalter with multi-billion AuM, a flagship multi-asset fund (FvS Multiple Opportunities), and broad HNWI coverage. Comparable because it is an independent, fund-led wealth manager serving affluent German households through proprietary products and discretionary mandates.
• ACATIS Investment: Independent German value-oriented asset manager with flagship funds (ACATIS IfK Value Renten, ACATIS Aktien Global Fonds) distributed to private and institutional investors. Comparable as a BaFin-regulated, independent, fund-led manager targeting HNWI and foundations with a long-term, value-driven investment style.

Emerging players

• Liqid: Berlin-based digital private-market and wealth-investment platform offering discretionary portfolio management to affluent German clients starting from lower ticket sizes than traditional Vermögensverwalter. Comparable as an emerging digital-native competitor targeting the same affluent segment with a tech-led model.
• Scalable Capital: Munich-based digital wealth manager with a leading broker/ robo-advisor franchise and a separately licensed Vermögensverwaltung product. Comparable as a digital incumbent pressing the boundaries on price, convenience, and minimum ticket sizes in the German HNWI-adjacent market.

Others

• V-Bank AG: Munich-based service bank specialized as the infrastructure partner for independent Vermögensverwalter in Germany. Highly comparable — Spiekermann's supervisory board chairman Lars Hille is also CEO of V-Bank — making V-Bank both a peer reference and the operating backbone for many firms in the same category.
• Universal-Investment: Germany's largest independent fund platform (KVG) administering Spiekermann's Stiftungsfonds and Strategie I alongside ~€700bn in fund assets. A direct operating partner (not a competitor), but the most relevant institutional peer reference for how German independent asset managers' proprietary vehicles are distributed and serviced at scale.

Broad incumbents

• ODDO BHF: German-French private bank and asset manager with a strong German Mittelstand wealth-management franchise (formerly BHF-Bank) and a fund platform. Comparable as a broader incumbent offering discretionary wealth management and proprietary funds that directly overlap with Spiekermann's HNWI and foundation segments.
• Bethmann Bank (Deutsche Bank Wealth Management): The dedicated wealth-management brand of Deutsche Bank's Private Bank in Germany, targeting affluent and HNWI clients with discretionary and advisory mandates. Comparable as a scaled alternative that competes for the same Mittelstand and entrepreneurial-family segment, but inside a much larger banking group.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCaQiGEfYo6O_ay5utmnA-2Q/featured
• LinkedInlinkedin.com/company/spiekermann-co-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Spiekermann & CO AG