Bankhaus Schelhammer & Schattera

What Bankhaus Schelhammer & Schattera does

Schelhammer Capital Bank AG is an Austrian private bank headquartered in Vienna, formed in 2021 from the merger of Bankhaus Schelhammer & Schattera (founded 1832) and Capital Bank under the GRAWE banking group (parent: Grazer Wechselseitige Versicherung AG, founded 1828). The bank serves wealthy private individuals, high-net-worth families, private foundations, and institutional clients (pension funds, insurance companies, municipalities, and church institutions) across Austria through six branch locations and 51 Private Bankers averaging over 25 years of professional experience.

The product set spans investment consulting (Vermögensberatung), professional asset management (Vermögensverwaltung) with five risk-banded strategies from 20% to 100% equities, family office services, private equity and alternative investments (PE linked notes from €150,000 via subsidiary GBG Private Markets GmbH), and bespoke financing (real estate, securities, and green finance). Minimums of €300,000 apply to standard asset management and €1 million to individually tailored securities. Sustainable investing is a defining capability, dating to 1989 when the group launched Austria's first sustainable fund (Superior 1 Ethik Renten). Sub-brands DADAT (online broker), Die Plattform (B2B advisor platform), and mysafe (secure storage) extend the platform into self-directed and advisor-serviced segments.

Revenue is generated primarily through recurring asset management fees of 1-1.1% p.a. plus a 10% performance fee on profits above high-water mark, investment consulting fees of 1-2% of capital, transaction-based revenue from PE linked notes and financing, and group-level synergies via HYPO-BANK BURGENLAND. With €37 billion AUM and €369 million in equity capital (the highest among Austrian private banks), the group operates a relationship-led, high-touch advisory model supported by a digital platform (perfekterberater.at), the quarterly Werte magazine, events, and an organic search presence. Recognition includes the 2025 Vertrauens-Testsieger award and four consecutive Handelsblatt 'summa cum laude' ratings.

Name

Bankhaus Schelhammer & Schattera

Legal name

Schelhammer Capital Bank AG

Website

https://schelhammer.at

Company type

Private

Founded year

1832

Operating status

Operating

Headcount range

101–250 employees

Short description

Schelhammer Capital Bank AG is Austria's oldest private bank (founded 1832), providing private banking, asset management, family office, private equity access, and financing to high-net-worth individuals, families, foundations, and institutional clients across six Austrian locations.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Portfolio Management and Investment Advice (523940), Depository Credit Intermediation (5221), Miscellaneous Financial Investment Activities (523999)

SIC

Investment Advice (6282), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

akta.pro secondary industries

Affluent / Mass-Affluent Private Banking (FSABADAC), Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Private banking services
• Wealth management advisory
• Asset management solutions
• Family office services
• Sustainable investment funds

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset Management Fees: Professional asset management with fixed fee component (1-1.1% p.a.) plus variable success fee (10% of generated profit above high-water mark). Minimum investment €300,000 for standard strategies, €1,000,000 for individual tailored securities management.
2. Private Equity Products: Participation in mezzanine and private equity funds via linked notes starting from €150,000 minimum investment. GBG Private Markets GmbH (subsidiary) issues linked notes as Alternative Investment Funds.
3. Financing Services: Real estate financing, securities financing, and green finance lending services for clients. Made-to-measure loans designed based on individual needs.
4. Investment Consulting: Advisory services for portfolio composition. Fees typically 1-2% of capital invested. Free portfolio analysis and optimization services offered.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Schelhammer Capital Bank AG provides private banking and wealth management services to high-net-worth individuals, families, foundations, and institutional clients across Austria. Core offerings include wealth advisory (Vermögensberatung), professional asset management (Vermögensverwaltung) with five strategy tiers, Family Office services for complex asset structures, private equity and alternative investments via linked notes, and customized financing including real estate, securities, and green finance. The bank manages €37 billion in assets under management with €369 million in equity capital through 51 Private Bankers across six Austrian locations.

Product overview

Schelhammer Capital Bank AG operates as Austria's strongest private bank, offering a unified private banking platform with multiple integrated service lines. The core offering encompasses wealth advisory (Vermögensberatung), professional asset management (Vermögensverwaltung), and Family Office services for wealthy clients. These are supplemented by specialized products including Private Equity and Alternative Investments accessible from €150,000 via linked notes. The bank also provides financing solutions (real estate, securities, green finance) and operates sub-brands mysafe (secure storage), DADAT (online brokerage), and Die Plattform (advisor platform). The group manages €37 billion in assets under management with €369 million in equity capital, offering sustainable investment funds (Superior series) pioneered since 1989, precious metals trading, and digital banking services across five Austrian locations.

Differentiator

Problem solved

Functional benefit

Brands

• mysafe: Secure document and valuables storage service in one of the safest safes in Austria.
• DADAT
• Die Plattform

Products and services

• Vermögensberatung (Investment Consulting) Personalized investment advisory service where experienced private bankers work with clients to establish asset structures and build securities portfolios using active/passive funds, individual securities, and private equity. Service fees typically 1-2% of capital invested.
• Vermögensverwaltung (Asset Management) Professional asset management with minimum investment of €300,000 offering five strategies ranging from security-optimized (20% equities) to active shares (55-100% equities), utilizing GRAWE banking group's expertise in fixed income, factor analysis, and equity investing across Global Brands, Emerging Leaders, and Global Innovators. Fixed fee of 1-1.1% p.a. plus 10% success fee above high-water mark.
• Family Office Comprehensive personalized services for clients with complex asset structures, including professional asset allocation, tax-efficient investment strategies, intergenerational planning, and coordination of external specialists (lawyers, auditors, tax advisors).
• Private Equity Access to private equity investments in non-listed companies through funds, with minimum investment from €150,000 via linked notes, focusing on buyouts, growth, and secondary strategies for qualified investors pursuant to §2 AIFMG.
• Alternative Investments Diversified investment offerings including private equity, gold, real estate, and hedge funds that provide positive returns in falling markets with low correlation to traditional bonds or shares.
• Finanzierung (Financing) Customized financing solutions including real estate financing, securities financing, and green finance for educational institutions, energy plants, and residential projects. Made-to-measure loans designed based on individual needs.
• mysafe Secure document and valuables storage service offered at branch locations, providing one of the safest safes in Austria.
• DADAT Online broker offering self-directed banking services for independent investors, providing inexpensive, fast, and uncomplicated financial services.
• Die Plattform Service platform for independent financial consultants providing simple, innovative, and efficient portfolio management solutions.
• Gold & Edelmetalle (Precious Metals) Gold and precious metals trading, storage, and investment services including gold prices, silver prices, collector coins, and secure storage via mysafe.
• Immobilienfinanzierungen (Real Estate Financing) Real estate financing including freehold apartment financing and building owner/developer models through BK Immo subsidiary.
• Green Finance Green finance lending services for energy plants (e.g., geothermal energy), educational institutions, and residential projects supporting sustainability initiatives.
• Philanthropie-Beratung (Philanthropy Consulting) Philanthropy consulting services for private foundations and high-net-worth clients seeking philanthropic advisory support, including foundation structuring and giving strategy.
• Superior Fonds (Investment Funds) Range of sustainable investment funds including Superior 1 Ethik Renten (first sustainable fund in Austria, 1989), Superior 2, Superior 4 Ethik Aktien, and Superior 6 Global Challenges, managed according to ethical/ESG criteria. Managed by subsidiary Security Kapitalanlage AG.

Quantifiable outcome

• €37 billion assets under management (per 31.12.2025)
• +3 more outcomes

Named customers9 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Security Kapitalanlage AGcoreStrategic or Co-development PartnerFund company of GRAWE group. Founded in 1989 by Schelhammer & Schattera. Manages sustainable funds including Superior 1 Ethik Renten (first sustainable fund in Austria). Handles fund prospectuses and key investor information.
• BK ImmominorStrategic or Co-development PartnerPart of Schelhammer Capital subgroup. Initiator of freehold apartments and building owner/developer models for real estate investment solutions.
• GBG Private Markets GmbHcoreStrategic or Co-development PartnerSubsidiary of Schelhammer Capital Bank AG. Emits private equity and mezzanine linked notes as Alternative Investment Funds. AIFM (Alternative Investment Fund Manager) responsible for fund administration. Minimum investment €150,000 via these products.
• AmpegaGerling Investment GmbHminorChannel Partner/ Reseller/ DistributorSchelhammer Capital acts as payment office (Zahlstelle) for various AmpegaGerling Investment funds in Austria. Provides access to German fund products including terrAssisi sustainability funds and other Ampega funds.
• Stiftung Philanthropie ÖsterreichminorStrategic or Co-development PartnerNon-profit foundation for philanthropy in Austria. Launched with philanthropy consulting service in 2014. Schelhammer Capital provides advisory services through this platform.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Raiffeisen Bank International: RBI is a leading Austrian universal bank with corporate, retail, and wealth management operations across CEE. Its private banking business competes with Schelhammer for institutional and HNW clients in Austria, though with a more corporate-banking-anchored distribution model.
• Berenberg Bank: Berenberg is Germany's oldest bank (founded 1590) with a focused private banking, wealth management, and asset management franchise serving European HNW families. Comparable to Schelhammer as a heritage European private bank with strong sustainability and family office offerings.
• Erste Group Bank: Erste Group is Austria's largest retail and commercial bank with a substantial private banking division serving HNW clients across CEE. It is comparable as a competing Austrian private banking franchise, though at much larger scale and with a broader retail foundation.
• Vontobel Swiss Wealth Advisors: Vontobel is a Swiss-listed wealth and asset manager with private banking, multi-asset solutions, and sustainable investment expertise. Comparable as a sustainability-credentialed wealth manager serving European HNW/institutional clients, though more globally diversified and larger.
• LGT Bank: LGT is a Liechtenstein-based private bank and wealth manager serving ultra-HNW families and institutions globally. It is comparable to Schelhammer as a relationship-driven, conservative private bank with strong sustainability credentials and multi-generational client orientation, though operating at significantly larger scale.
• Pictet Group: Pictet is a Geneva-based private bank and asset manager with strong European HNW and institutional wealth management. Comparable to Schelhammer in high-touch private banking and long-term asset stewardship, but at materially greater AUM and global footprint.

Direct peers

• Kathrein Privatbank: Kathrein Privatbank is an Austrian private bank offering wealth management, asset management, and investment advisory to private and institutional clients. It competes head-to-head with Schelhammer in Vienna and broader Austria for HNW relationships and institutional mandates.
• Bank Gutmann: Bank Gutmann is one of Vienna's oldest private banks (founded 1922), offering private banking, asset management, and family office services to Austrian HNW clients. It is the closest direct competitor to Schelhammer given shared Viennese heritage, comparable service mix, and similar HNW/family office target segments.

Regional players

• C-Quadrat Asset Management: C-Quadrat is an Austrian asset manager specializing in multi-asset funds and active ETFs. Comparable to Schelhammer's asset management arm in Austrian fund origination, though operating primarily through public fund vehicles rather than direct private banking distribution.
• LLB Liechtensteinische Landesbank: LLB is a Liechtenstein-based private and universal bank with wealth management, institutional, and retail operations focused on the DACH region. It overlaps with Schelhammer in conservative, relationship-driven private banking for HNW/institutional clients in German-speaking markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 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 Bankhaus Schelhammer & Schattera