Patrimonia

What Patrimonia does

Patrimonia is a Belgium-based financial services brokerage headquartered in Waterloo, operating since 1994, that delivers placement, wealth management, and credit intermediation services to individuals, medical professionals, liberal professions, self-employed entrepreneurs, and businesses. The company is structured as part of the broader RGF Group / Kereis ecosystem, providing clients access to the full insurance, banking, credit, and investment market through an independent broker model rather than as a captive agent of a single carrier. Its core product surface spans five lines: insurance brokerage, life insurance and pension (including INAMI-status planning for healthcare professionals), banking services delivered in partnership with Nagelmackers, credit brokerage (mortgage, bullet, auto, second residence), and wealth management (patrimonial audits, financial investments, estate planning) with cross-border reach into Luxembourg and Switzerland.

Revenue mechanics are commission- and fee-based: transaction commissions on insurance placements, brokerage fees on credit facilities, advisory fees on wealth management engagements, and partnership commissions on banking products. Pricing is quote-driven and varies by client profile (e.g., 1,648 EUR/year for full omnium auto coverage is cited as a representative benchmark). Distribution is executed through a 12-office regional advisory network across Belgium (Beaufays, Embourg, Heusy, Trois-Ponts, Marche-en-Famenne, Ciney, Namur, Charleroi/Gosselies, Lasne, Brussels, Jette), supplemented by self-serve quote simulation tools, online appointment booking, multilingual digital presence (FR/NL/EN), and content marketing across Facebook, Instagram, LinkedIn, and email.

The underlying technology is a conventional advisory brokerage platform with no proprietary AI, ML, or automation layers disclosed. Competitive advantages are anchored in the independent-broker model (multi-carrier access), the regional office footprint enabling face-to-face advisory for high-touch products, and parent-group scale via Kereis (16 million contracts, 1,700+ employees across Europe), which supplies carrier negotiating leverage and international wealth capabilities. The company holds FSMA registrations across insurance intermediation, consumer/mortgage credit intermediation, and banking/financial services agency categories, which constrains new-entrant competition but also limits product agility. Headcount sits in the 11-50 band, with 60,000 clients served across the wider RGF platform.

Name

Patrimonia

Legal name

RGF Group

Website

https://patrimonia.be

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Patrimonia is a Belgium-based independent brokerage (Waterloo, est. 1994) delivering placement, wealth management, and credit services to individuals, medical professionals, and businesses through a 12-office regional network, operating as part of the RGF Group / Kereis ecosystem.

Ownership category

akta.pro rank

Product category

Insurance and Financial Services Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Portfolio Management and Investment Advice (523940)

SIC

Insurance Agents, Brokers & Service (6411), Investment Advice (6282), Loan Brokers (6163)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE)

Keywords

• Wealth management services
• Insurance brokerage
• Credit intermediation
• Asset allocation advisory
• Estate planning services

Headquarters

HQ city

Waterloo

HQ country

Belgium

HQ region

Europe

Offices12 records

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. Insurance Brokerage Commissions: RGF acts as an independent insurance broker, earning commissions from insurance providers for placing policies with clients. Services include auto, home, hospitalization, and professional liability insurance.
2. Life Insurance and Pension Products: Commissions from group insurance, individual pension commitments (EIP), guaranteed income insurance, and INAMI status pension planning.
3. Credit Facilitation: Brokerage fees for mortgage credit, bullet credit, auto credit, and second residence financing through partnerships with banks and credit institutions.
4. Wealth Management Advisory: Fees for financial audits, investment planning, estate planning, and access to international wealth management services (Luxembourg, Switzerland).
5. Banking Services: Partnership commissions for professional bank accounts, current accounts, credit facilities, and private banking services through Nagelmackers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Patrimonia is a Belgian independent financial services brokerage offering placement, asset/balance sheet management, and credit services across insurance, life insurance and pensions, banking, credit, and wealth management. The firm accesses multiple market providers (insurers, banks, credit institutions) and delivers advisory and placement services through regional offices to individuals, medical professionals, liberal professions, self-employed entrepreneurs, and businesses. The firm operates within the Kereis Group, a leading European broker in provident and health insurance managing 16 million contracts.

Product overview

RGF Group is a multi-service financial brokerage platform offering five integrated product lines: RGF Insurances (property and casualty insurance), RGF Life (life insurance and pension products), RGF Bank Services (banking and private banking), RGF Loans (credit brokerage), and RGF Advice (wealth management and estate planning). Operating under Kereis Group, the company serves approximately 60,000 individual and business clients across Belgium through 12 regional offices, providing comprehensive coverage across insurance, retirement planning, health, financial management, and asset protection.

Differentiator

Problem solved

Functional benefit

Products and services

• RGF Insurances Insurance brokerage line providing clients with access to the full Belgian insurance market for property and casualty protection, including auto insurance, home insurance, hospitalization insurance, and professional liability insurance. Designed for individuals, medical professionals, liberal professions, independents, and businesses seeking to protect their assets and defend their interests.
• RGF Life Life insurance and pension planning line offering group insurance, individual pension commitments (EIP), guaranteed income insurance, and INAMI-status pension planning. Designed to optimize pension plans and remuneration packages for individuals, employees (via employer group schemes), medical professionals, and businesses.
• RGF Bank Services Banking services line offered in partnership with Nagelmackers, providing professional bank accounts, sight accounts (compte à vue), cash credits (crédit de caisse), and private banking services. Designed for professionals, independents, businesses, and individuals seeking relationship-based banking.
• RGF Loans Credit brokerage line providing comparative access to all banks and credit institutions for mortgage credit (crédit hypothécaire), bullet credit, auto credit, and second residence financing. Designed for individuals, self-employed, and businesses seeking financing solutions for real estate and other projects.
• RGF Advice Wealth management advisory line providing patrimonial audits, financial investments, and estate/succession planning, with access to large fund managers and international wealth management reach into Luxembourg and Switzerland. Designed for individuals, liberal professions, and business owners seeking to build, protect, and transmit wealth.

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• NagelmackerscoreChannel Partner/ Reseller/ DistributorNagelmackers provides banking services through RGF, including professional bank accounts, current accounts, credit facilities, and private banking services. RGF Bank Services offers Nagelmackers banking products.
• FSMA Registered IntermediariescoreOthersRGF Group companies are registered intermediaries with FSMA (Financial Services and Markets Authority) in Belgium under categories: insurance intermediary, consumer and mortgage credit intermediary, and banking and financial services agents.
• CCI - Chambre of CommerceminorGTM or Marketing PartnerOfficial partner providing business networking and commercial support services to clients.

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Marsh Belgium: Marsh is a global insurance broker and risk advisor with a sizeable Belgian practice focused on corporate, professional liability, and employee benefits. It competes with RGF in the Belgian enterprise and medical/liberal profession segments and operates the same independent-broker intermediation model.
• Delen Private Bank: Delen is a leading Belgian private wealth manager serving high-net-worth individuals with discretionary asset management and estate planning. It is a direct peer to RGF Advice in the Belgian wealth management and estate/succession planning space, particularly for liberal professions and business owners.
• Puilaetco Dewaay Private Bankers: Puilaetco Dewaay is a Belgian private bank providing wealth management, financial planning, and estate advisory to individuals and entrepreneurs. It is comparable to RGF Advice in serving the same Belgian HNW and liberal profession segments with multi-asset wealth solutions.
• Howden Belgium: Howden is a European insurance broker with growing Belgian operations offering independent corporate and personal lines advisory. It is a direct competitive peer in the Belgian independent-broker market, particularly in mid-market and professional segments served by RGF.
• Aon Belgium: Aon is a global insurance and reinsurance broker with a Belgian presence focused on commercial risk, health, and wealth solutions. It is comparable to RGF in its multi-carrier intermediation and in targeting Belgian corporates and professionals for protection and benefits.
• Vanbreda Risk & Benefits: Vanbreda is one of Belgium's largest independent insurance and risk-benefits brokers, serving both individuals and corporate clients with multi-carrier advisory across P&C, life, and employee benefits. It is a direct peer to RGF Group given the same independent-broker, multi-line, Belgium-anchored model.
• Hypotheekwinkel: Hypotheekwinkel is a Belgian independent credit and mortgage broker comparing bank offerings across the market. It is a direct peer to RGF Loans in the Belgian retail credit brokerage space, using a similar multi-bank intermediation model.

Broad incumbents

• AG Insurance: AG Insurance is Belgium's largest insurer, owned by Ageas, distributing life, health, and P&C through tied agents and bank channels (BNP Paribas Fortis). It is a broad incumbent that RGF brokers against daily, given the firm's positioning as an independent alternative to captive insurer networks.

Regional players

• Indosuez Wealth Management (Belgium): Indosuez is a Crédit Agricole-owned wealth manager with Belgian presence serving HNW clients on cross-border wealth structuring and investment advisory. It competes with RGF Advice in Belgian private banking and Luxembourg/Swiss wealth solutions.
• Foyer Group: Foyer is a Luxembourg-based insurance and wealth group with strong BeNeLux cross-border activity in life insurance, health, and wealth structuring. It is comparable to RGF given the overlap in cross-border Luxembourg/Swiss wealth structures and the shared Belgian/Luxembourg advisory footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Patrimonia_waterloo
• LinkedInlinkedin.com/company/rgf-groupe
• Instagraminstagram.com/rgf_group_kereis

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 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 Patrimonia