Capitell
Capitell is a Frankfurt-based, employee-owned independent wealth manager managing over €4 billion for wealthy private clients, entrepreneurs, family offices, and foundations across seven German branch offices via discretionary portfolio management, advisory, and brokerage services.
- Company typePrivate
- Founded2000
- HeadquartersFrankfurt, Germany
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Capitell does
Capitell Vermögens-Management AG is a Frankfurt-based, bank-independent wealth manager (Aktiengesellschaft) founded in 2000, registered as HRB 50489 at Amtsgericht Frankfurt am Main and supervised by BaFin under § 15 Abs. 1 WpIG. The firm manages over €4 billion in assets and ranks among the top 10 of more than 500 independent wealth managers in Germany. It is 78% employee-owned (eigentümergeführt) and led by a three-member Vorstand (Markus Korfmacher, Sven Karkossa, and Chris-Oliver Schickentanz as CIO) with a supervisory board chaired by Lutz Weiler.
The company serves vermögende Privat- und Unternehmerkunden (wealthy private and entrepreneur clients), families, family offices, and foundations through a high-touch, advisory-led model delivered via seven German branch offices (Hamburg, Hannover, Frankfurt, Mannheim, Heilbronn, Baden-Baden, Ulm) and a Sylt representation office. Core services comprise Finanzportfolioverwaltung (discretionary portfolio management), Anlageberatung (investment advisory), Anlagevermittlung (investment intermediation), and Abschlussvermittlung (contract intermediation), with specialized modules for sustainable investing and foundation management. All securities transactions are executed through V-Bank AG as primary custody and execution partner.
Revenue is generated primarily through recurring percentage-based fees on managed assets, supplemented by performance fees tied to agreed minimum-return thresholds and transaction-based brokerage commissions, on multi-year contracts. The technology stack is intentionally lean — Matomo for analytics, Brevo for newsletters, YouTube for video, Google Maps for branch locations — with no proprietary AI/ML, digital advisory platform, or mobile app. Marketing and client acquisition rely heavily on personal referrals, the CIO-led Schickentanz Montagsbörse weekly video commentary, media appearances, local client events, and quality awards (including the 2026 Private Banking "Exzellente Beratungsqualität" recognition).
Capitell firmographics
Firmographics- Name
- Capitell
- Legal name
- Capitell Vermögens-Management AG
- Website
- https://capitell-ag.de
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capitell is a Frankfurt-based, employee-owned independent wealth manager managing over €4 billion for wealthy private clients, entrepreneurs, family offices, and foundations across seven German branch offices via discretionary portfolio management, advisory, and brokerage services.
- Ownership category
- akta.pro rank
Capitell industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)
- akta.pro secondary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Capitell is headquartered
LocationHeadquarters
- HQ city
- Frankfurt
- HQ country
- Germany
- HQ region
- Europe
Offices8 records
Markets served
Capitell business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Financial Portfolio Management Fees (Finanzportfolioverwaltung): Capitell charges a regular fee for portfolio management services, calculated as a percentage of assets under management (bestimmter Prozentsatz des Volumens). Additional variable performance fees may apply if agreed minimum returns are exceeded.
- Investment Advisory Fees (Anlageberatung): Advisory services with a percentage-based fee on recommended transaction volume, plus potential variable fees for portfolio-based advisory based on performance above minimum thresholds.
- Investment Intermediation Fees (Anlage-/Abschlussvermittlung): Transaction-based brokerage services with fees calculated as a percentage of the volume of transactions facilitated.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Fixed fee for financial portfolio management |
| Outcome Based/ Performance | Multi-year contract | Variable performance fee for portfolio management |
| Transaction based/ take rate | Multi-year contract | Fixed fee for investment advisory |
| Outcome Based/ Performance | Multi-year contract | Variable fee for portfolio-based advisory |
| Transaction based/ take rate | Pay-as-you-go | Fee for investment intermediation |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels9 records
Capitell product offering
Product offeringCore offering
Capitell Vermögens-Management AG is an independent (bankenunabhängig) German wealth manager offering discretionary portfolio management (Finanzportfolioverwaltung), investment advisory (Anlageberatung), investment intermediation (Anlagevermittlung), and contract intermediation (Abschlussvermittlung) to wealthy private clients, entrepreneurs, families, family offices, and foundations. The firm invests client assets primarily in international quality equities and bonds, with specialized offerings in sustainable investing and foundation asset management, and manages over €4 billion in assets.
Product overview
Capitell Vermögens-Management AG operates as a bank-independent wealth management firm offering a unified suite of financial services. The core offering comprises Finanzportfolioverwaltung (discretionary portfolio management), Anlageberatung (investment advisory), Anlagevermittlung (investment intermediation), and Abschlussvermittlung (contract intermediation). These services are delivered alongside specialized modules for sustainable investing (Nachhaltige Vermögensverwaltung) and foundation management (Vermögensverwaltung für Stiftungen). The company differentiates through its independence from banking conglomerates, absence of proprietary product sales, and transparent fee structures. Capitell manages over 4 billion euros in assets across seven German locations plus a Sylt representative office, serving wealthy private clients, entrepreneurs, family offices, and foundations. The firm also produces the Schickentanz Montagsbörse, a weekly market commentary series.
Differentiator
Problem solved
Functional benefit
Products and services
- Finanzportfolioverwaltung (Vermögensverwaltung) Discretionary portfolio management service where Capitell makes autonomous investment decisions on behalf of clients without prior consultation, investing in international quality stocks and bonds of solid issuers.
- Anlageberatung (Investment Advisory) Investment advisory service providing personalized recommendations on financial instruments, considering client financial situation, objectives, risk tolerance, and sustainability preferences.
- Anlagevermittlung (Investment Intermediation) Investment intermediation service facilitating execution-only transactions where no investment advice is provided, connecting clients with financial instrument transactions on a transaction-fee basis.
- Abschlussvermittlung (Contract Intermediation) Contract intermediation service where Capitell acts under power of attorney to execute buy or sell orders on behalf of clients for financial instruments.
- Nachhaltige Vermögensverwaltung (Sustainable Wealth Management)
Quantifiable outcome
- Assets under management exceeding €4 billion
- +1 more outcomes
Companies that use Capitell
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Capitell technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Capitell partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- V-Bank AGcoreV-Bank AG serves as the primary custody and execution bank for Capitell's portfolio management services. All securities transactions for client portfolios are executed through V-Bank AG. The Top-5 execution reports show 100% of trades executed through V-Bank AG.
- Datenschutzberatung Moers GmbHminorProvides data protection officer services for Capitell AG. Located at Neue Straße 22, 34369 Hofgeismar. Contact: [email protected]
- Verband unabhängiger Vermögensverwalter Deutschland e.V. (VuV)coreCapitell is a member of the VuV, which provides a consumer arbitration board (Schlichtungsstelle) for dispute resolution per EU Directive 2013/11. Capitell is obligated to participate in arbitration proceedings.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Capitell competitors and assessment
Company assessmentBroad incumbents
- Berenberg Bank: Hamburg-headquartered German private bank with a sizable wealth and asset management division, competing for the same HNW and entrepreneur client base across Capitell's footprint.
- Hauck & Aufhäuser Privatbankiers: Frankfurt-based private bank offering wealth management and asset servicing for HNW clients, foundations and family offices across Germany.
- MLP SE (Feri): German financial services and wealth consulting group whose Feri division provides portfolio management and investment advisory services for HNW private clients.
- Quirin Privatbank: German private bank focused on independent advisory and wealth management for private clients, competing in the same HNW segment with a similar advisor-led distribution model.
- Bethmann Bank (ABN AMRO): German private bank within ABN AMRO offering advisory and discretionary portfolio management for HNW clients, overlapping with Capitell's product set at larger scale and broader service suite.
- Frankfurter Bankgesellschaft: Frankfurt-headquartered private bank providing wealth management and family office services to HNW clients and foundations, with overlap in Capitell's home market.
Direct peers
- Huber, Reuss & Kollegen Vermögensverwaltung: Munich-based independent German wealth manager serving HNW private clients and foundations with discretionary portfolio management, closely mirroring Capitell's bank-independent model.
- Flossbach von Storch: One of Germany's largest independent asset managers with multi-decade track record and significant AUM, operating a similar bank-independent wealth and fund management model for HNW clients.
- GANÉ Aktiengesellschaft: Independent German asset manager with a value-oriented, bank-independent investment philosophy, providing discretionary portfolio management for private clients, family offices, and foundations.
- DJE Kapital AG: Independent German asset manager offering discretionary portfolio management and funds for private and institutional clients, with comparable bank-independent positioning.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Capitell social profiles
Digital presenceCapitell financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capitell leadership team
Management profileNumber of profiles
Profiles11 records
Capitell funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capitell M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capitell
What does Capitell do?
Capitell Vermögens-Management AG is an independent (bankenunabhängig) German wealth manager offering discretionary portfolio management (Finanzportfolioverwaltung), investment advisory (Anlageberatung), investment intermediation (Anlagevermittlung), and contract intermediation (Abschlussvermittlung) to wealthy private clients, entrepreneurs, families, family offices, and foundations. The firm invests client assets primarily in international quality equities and bonds, with specialized offerings in sustainable investing and foundation asset management, and manages over €4 billion in assets.
Is Capitell a public or private company?
Capitell is a private company. It is classified as management employee owned and is currently operating.
When was Capitell founded?
Capitell was founded in 2000. It employs 11 to 50 people.
Where is Capitell based?
Capitell is headquartered in Frankfurt, Germany, in the Europe region.
How does Capitell make money?
Three revenue lines are on record. Financial Portfolio Management Fees (Finanzportfolioverwaltung) is the primary driver. The others are investment Advisory Fees (Anlageberatung) and investment Intermediation Fees (Anlage-/Abschlussvermittlung).
Who are Capitell's main competitors?
Broad incumbents on record are Berenberg Bank, Hauck & Aufhäuser Privatbankiers, MLP SE (Feri), Quirin Privatbank, Bethmann Bank (ABN AMRO) and Frankfurter Bankgesellschaft. Direct peers are Huber, Reuss & Kollegen Vermögensverwaltung, Flossbach von Storch, GANÉ Aktiengesellschaft and DJE Kapital AG.
Does Capitell have an API?
No public API is recorded for Capitell.
What industry is Capitell in?
Capitell's product category is Wealth Management. Its primary akta.pro industry code is FSABADAD, Private Banking Advisory & Discretionary Portfolio Management, with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.