Creand Wealth & Securities

What Creand Wealth & Securities does

Creand Wealth & Securities is a Luxembourg-based private bank and wealth management institution regulated by the Commission de Surveillance du Secteur Financier (CSSF). Formally known as Banque de Patrimoines Privés until its 2021 rebrand, the entity was established in Luxembourg in 2010 and operates as a wholly-owned subsidiary of Creand Group (originally Crèdit Andorrà, founded 1950), which has international presence across Europe (Andorra, Spain, Luxembourg) and the Americas (Miami, Panama). The bank is structured around an integrated 'single institution' model that combines custodian banking, fund administration, and wealth management under one CSSF-supervised license.

The firm's product portfolio centers on three interlocking pillars. Custodian banking encompasses global custody of financial instruments, asset segregation, oversight of non-custodiable assets, supervision of correspondent banking networks and sub-depositaries, and operational support for private bond issuances and fund settlements. Fund administration covers constitution, central administration, and domiciliation for Luxembourg-domiciled investment vehicles (UCITS, SIFs, SICAVs, SICARs, RAIFs), including NAV calculation, fund accounting, transfer agency, and regulatory reporting. Wealth management delivers discretionary portfolio management, order reception and transmission, Lombard lending, and global wealth planning for high-net-worth clients. The platform is delivered through a relationship-managed distribution channel and a digital interface (Creand Banca Online), supplemented by a PSD2-compliant API sandbox accessible via the LuxHub developer portal for third-party payment service providers. Operational compliance spans MiFID II, PSD2, GDPR, and Regulation (EU) 2019/2088 (SFDR) ESG disclosures.

Revenue mechanics combine professional-services fees (custodian banking, fund administration, structuring) with recurring mandates on the wealth management side. Pricing is not publicly disclosed; specific terms are referenced in the MiFID Terms and Conditions document. The client base spans six primary segments: family offices, alternative investment fund managers (AIFMs), law firms, foundations and institutions, other financial institutions, and high-net-worth individuals. Distribution is relationship-based, enterprise-grade direct sales across the Creand Group's European and Latin American network, with the bank explicitly positioning its small scale as a source of agility in complex structuring projects dominated by larger players.

Name

Creand Wealth & Securities

Legal name

Banque de Patrimoines Privés

Website

https://creand.lu

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Creand Wealth & Securities is a Luxembourg-based CSSF-regulated private bank offering integrated custodian banking, fund administration, wealth management, and investment structuring services to family offices, AIFMs, law firms, foundations, financial institutions, and high-net-worth individuals.

Ownership category

akta.pro rank

Product category

Private Banking and Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Depository Credit Intermediation (5221)

SIC

Investment Advice (6282), Finance Services (6199), Loan Brokers (6163)

akta.pro primary industry

Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

akta.pro secondary industries

Wealth Lending & Credit Solutions (Lombard/Margin, Mortgages, Structured Credit) (FSAAABAG), Securities Lending & Collateral Management (Custodian-Led) (FSAFAHAC), Clearing & Prime Brokerage Custody Services (FSAAAOAE)

Keywords

• Private banking services
• Custodian banking
• Fund administration
• Wealth management
• Investment structuring

Headquarters

HQ city

Luxembourg

HQ country

Luxembourg

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custodian Banking Services: Custody of financial instruments, asset safekeeping, monitoring of non-safekeepable assets, financial flow accounting and tracking, segregation of internal accounts and sub-custodian network, payment function, supervision of correspondent banking network
2. Fund Administration Services: Fund constitution, central administration, and domiciliation services for Luxembourg investment funds including Fund Accounting, Transfer Agent services, NAV calculation, financial reporting, shareholder registry maintenance
3. Wealth Management and Portfolio Management: Discretionary portfolio management, wealth planning, reception and transmission of orders (RTO), Lombard credits
4. Structuring and Planning Services: International structuring services for regulated and non-regulated investment fund structures and vehicles

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Creand Wealth & Securities is a CSSF-supervised private bank in Luxembourg that combines custodian banking, fund administration and wealth management within a single institution. Its core offerings include global custody and depositary services for financial instruments, full-service fund administration (constitution, domiciliation, fund accounting, NAV calculation, transfer agent) for Luxembourg-domiciled investment funds, discretionary portfolio management and Lombard lending for high-net-worth clients, and structuring services for regulated and unregulated investment vehicles (UCITS, SIFs, SICAVs, SICARs, RAIFs, SPFs, SOPARFIs).

Product overview

Creand Wealth & Securities is a Luxembourg-based private bank and wealth management institution offering an integrated suite of financial services under one roof. The core portfolio comprises three interlocking pillars: (1) Custodian Banking Services — providing global custody, asset oversight, and depositary functions for investment funds and private clients; (2) Fund Administration — encompassing domiciliation, fund accounting, NAV calculation, and transfer agent sub-services for Luxembourg-domiciled UCITS, SIFs, SICAVs, SICARs, and RAIFs; and (3) Wealth Management — combining discretionary portfolio management, order reception/transmission, Lombard lending, and comprehensive wealth planning. These core services are complemented by investment structuring capabilities for regulated and unregulated vehicles (SPF, SOPARFI, SCA), and delivered alongside a digital channel via Creand Banca Online. The institution differentiates itself by integrating all these capabilities in-house within a single small-scale structure, enabling agile decision-making and tailored solutions for family offices, AIFMs, law firms, foundations, financial institutions, and high-net-worth individuals.

Differentiator

Problem solved

Functional benefit

Products and services

• Custodian Banking Services Full-service custodian banking providing global custody of financial instruments, asset segregation, oversight of non-custodiable assets, supervision of correspondent banking networks and sub-depositaries, and operational support for private bond issuances and fund settlements. Serves investment funds, family offices and institutional clients under Luxembourg CSSF supervision.
• Fund Administration Comprehensive fund administration covering constitution, central administration, and domiciliation for Luxembourg-domiciled investment funds (UCITS, SIFs, SICAVs, SICARs, RAIFs), including fund accounting, NAV calculation, transfer agent services, AML/KYC, shareholder registry and regulatory reporting. Targets AIFMs and fund promoters requiring a single specialised administrator.
• Wealth Management Personalised wealth management combining discretionary portfolio management, order reception and transmission (RTO), Lombard lending, market desk activities, and holistic global wealth planning. Targeted at high-net-worth individuals and family groups seeking integrated investment and credit solutions.
• Investment Structuring Structuring and planning services for regulated and unregulated fund structures including UCITS, SIFs, SICAVs, SICARs, RAIFs, SCAs, SPFs and SOPARFIs, focused on private equity, real estate, infrastructure and alternative strategy vehicles. Designed for family offices, AIFMs, law firms and institutional clients requiring bespoke cross-border structuring.
• Creand Banca Online Digital online banking platform enabling existing clients to access and manage their personal finances from any location at any time, providing real-time account access and financial portfolio monitoring.

Quantifiable outcome

• Small size enables agility and efficiency in complex projects compared to larger competitors

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered minor.

• United Nations Environment Programme Finance Initiative (UNEP FI)minorOthersCreand Group is a member of UNEP FI, integrating sustainable development objectives into corporate social responsibility strategy
• United Nations Global CompactminorOthersCreand Group is a member of the UN Global Compact, committing to sustainable and responsible business practices

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Banque Pictet & Cie: Swiss-headquartered private bank with significant Luxembourg operations covering wealth management, asset services, and custody. Comparable service mix but materially larger scale and broader international footprint.
• ABN AMRO Private Banking: Dutch universal bank with a sizeable private banking and global private clients division that competes in the same HNW, family office, and European cross-border wealth structuring space.
• BNP Paribas Securities Services: Global custodian and fund administrator within BNP Paribas group with deep Luxembourg presence. Competes for the same institutional custody and fund admin mandates as Creand but at much greater scale.

Direct peers

• CACEIS: European leader in asset servicing (custody, fund administration, transfer agency) owned by Crédit Agricole and Santander. Direct comparable on the fund administration and custody side, though materially larger.
• VP Bank: Liechtenstein-headquartered private bank with operations in Luxembourg, Switzerland, and Singapore, focused on HNW intermediary and family office segments. Similar boutique scale and integrated wealth + custody proposition.
• Edmond de Rothschild: Swiss private banking group with a dedicated Luxembourg subsidiary offering private banking, wealth structuring, and fund services. Directly comparable in HNW / family-office focus and Luxembourg fund expertise.
• Quintet Private Bank: Luxembourg-headquartered private bank (formerly KBL European Private Bankers) serving HNW clients with wealth management and custody across European jurisdictions. Closely comparable in size and proposition.
• Hauck & Aufhäuser: German private bank with Luxembourg fund services arm offering private banking, fund administration, and asset servicing. Comparable integrated service model targeting HNW and institutional clients.
• Banque de Luxembourg: Long-established Luxembourg-headquartered private bank offering wealth management, custody, and fund administration to HNW clients and families. Direct comparable on geography, scale, and service mix.
• Banque Internationale à Luxembourg (BIL): Universal Luxembourg private bank serving retail, corporate, and private banking clients with in-house custody and fund services. Comparable Luxembourg incumbent across Creand's three service pillars.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/creand-wealth-securities

Compliance4 records

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 Creand Wealth & Securities