PEH Group

Name

PEH Group

Legal name

PEH Wertpapier AG

Website

https://peh.de

Company type

Public

Founded year

1989

Operating status

Operating

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)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Asset Fund-of-Funds & Multi-Manager Allocation (FSAAAJAI)

akta.pro secondary industries

Multi-Asset Income Funds (Diversified Income) (FSAAAJAG), Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

Keywords

• Wealth management services
• Asset management
• Investment advisory
• Portfolio management
• Multi-asset funds

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices3 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. Asset Management Fees: PEH Group generates revenue through asset management fees charged on assets under management across its wealth management services, investment funds (PEH EMPIRE and Aduno Global Invest), and institutional asset management mandates. The company acts as a multi-manager financial house with assets managed across private client portfolios and institutional strategies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

PEH Group is a German, bank- and insurance-independent wealth manager offering multi-asset portfolio management, strategic wealth planning, generational advisory, and foundation management for private clients, alongside institutional asset management and two investment funds — PEH EMPIRE (an AI-driven, actively managed mixed fund) and Aduno Global Invest (a sustainable multi-asset fund). Portfolio construction is supported by the proprietary PEH SCORE AI-driven stock selection model that combines micro, macro, and sentiment data analysis.

Product overview

PEH Group is a multi-manager financial services company offering a comprehensive wealth management ecosystem. The core offerings include two investment funds (PEH EMPIRE, an AI-driven global equity fund, and Aduno Global Invest, a sustainable multi-asset fund), supplemented by institutional asset management, wealth management services, strategic wealth planning, generational advisory, and foundation management. The group combines active human portfolio management with AI-powered stock selection through its proprietary PEH SCORE system.

Differentiator

Problem solved

Functional benefit

Products and services

• PEH EMPIRE
• Aduno Global Invest
• Vermögensverwaltung (Wealth Management)
• Institutionelles Asset Management
• Strategische Vermögensplanung (Strategic Wealth Planning)
• Generationenberatung (Generational Advisory)
• Stiftungsmanagement (Foundation Management)

Quantifiable outcome

• PEH EMPIRE achieved 92.06% return since strategy change (June 30, 2016 to June 25, 2026)
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Axxion S.A.coreOthersAxxion S.A. serves as the Kapitalverwaltungsgesellschaft (management company) for PEH EMPIRE and Aduno Global Invest funds. Based in Luxembourg, Axxion provides fund administration and management company services.
• Banque de LuxembourgcoreOthersBanque de Luxembourg serves as the Verwahrstelle (custodian bank/depositary) for PEH EMPIRE investment fund, providing secure custody of fund assets.
• VuV-OmbudsstelleminorOthersPEH Vermögensmanagement GmbH is a member of Verband unabhängiger Vermögensverwalter Deutschland e.V. and participates in the VuV-Ombudsstelle dispute resolution procedure for financial service disputes.
• Oaklet GmbHminorOthersOaklet GmbH is a subsidiary company within the PEH Group structure, providing unspecified financial services.
• capsensixx AGminorOtherscapsensixx AG is a subsidiary within the PEH Group structure, with Martin Stürner and Constantin Stürner on the management board.
• Svea Kuschel + Kolleginnen Finanzdienstleistungen für Frauen GmbHminorOthersPEH Group subsidiary focused on financial services for women, managed by Constanze Hintze.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• DJE Kapital AG: German independent asset manager with flagship equity and multi-asset funds distributed in DACH and selected European markets. Direct comparability: comparable size, independent ownership, and active fund management versus PEH's PEH EMPIRE / Aduno Global Invest lineup.
• Flossbach von Storch: German bank- and insurance-independent wealth manager headquartered in Cologne with multi-asset funds and discretionary mandates for private and institutional clients. Direct comparability: same independent DACH wealth-management positioning, similar multi-asset fund range, and overlapping HNW/ultra-HNW minimums.
• FRANKFURT-TRUST Investment-Gesellschaft: Frankfurt-based German asset manager offering multi-asset and equity funds plus institutional mandates. Direct comparability: similar Frankfurt footprint and DACH institutional/private distribution overlap with PEH.
• Hauck & Aufhäuser Lampe Privatbank: Frankfurt-based independent private bank offering asset management, wealth management, and fund services for private and institutional clients. Direct comparability: similar independent Frankfurt-rooted model, regulated BaFin institution, and overlapping wealth and fund product set.
• Warburg Invest / M.M.Warburg & CO: Hamburg-based independent German private bank with asset management, wealth management, and investment funds. Direct comparability: same bank-independent German private bank model with HNW and institutional clients, active equity and multi-asset capabilities.

Broad incumbents

• Bethmann Bank (ABN AMRO): Frankfurt-based private bank within ABN AMRO providing wealth management and family office services to HNW clients in Germany. Comparability: overlapping HNW wealth management and strategic wealth planning services, but with parent-bank backing rather than owner-independent structure.
• Allianz Global Investors: Global asset manager (Allianz Group) with active equity, multi-asset, fixed income, and institutional solutions. Comparability: same institutional and HNW active asset management category as PEH, with broader product breadth and scale.
• DWS Group (Deutsche Bank): One of Europe's largest asset managers with extensive active, passive, ESG, and institutional offerings. Comparability: same active equity and multi-asset fund category that PEH competes in, but at much larger scale with global distribution.
• Union Investment Institutional: One of Germany's largest asset managers, part of the DZ Bank cooperative group, with broad multi-asset, equity, and institutional offerings. Comparability: same institutional asset management category as PEH, but at materially larger scale and with a broader product set.

Emerging players

• Liqid Asset Management: Berlin-based digital private market / wealth platform serving affluent and HNW German clients with semi-liquid portfolios. Comparability: same German HNW wealth management target, but with a digital-first delivery model that contrasts with PEH's relationship-led advisory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/peh-wertpapier-ag/?originalSubdomain=de

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

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 PEH Group