BCC Risparmio & Previdenza

What BCC Risparmio & Previdenza does

BCC Risparmio & Previdenza (legal entity BCC Risparmio&Previdenza S.G.R.p.A.) is an Italian asset management company (Società di Gestione del Risparmio) headquartered in Milan and operating as a wholly owned component of Gruppo Bancario Cooperativo Iccrea, the country's cooperative banking group. Founded in 2012, the firm manages mutual funds, an open pension fund (Fondo Pensione Aperto Aureo), individual portfolios, and provides expert investment advisory services (InvestiperSCELTA) with access to over 600 funds. Its distribution is exclusively channel-based through the network of approximately 200+ Banche di Credito Cooperativo (BCC/Casse Rurali) — Italy's cooperative banks — meaning end customers are reached through their local BCC bank rather than through direct marketing or a proprietary retail platform.

The core product architecture rests on three integrated pillars. First, the InvestiperFONDI family of proprietary Italian-domiciled funds (equity, balanced, bond, ethical, PIR-compliant) supplemented by distributed OICR from Irish (GIM UCITS ICAV) and Luxembourg (BCC Investment Partners SICAV and other third-party managers including BlackRock, Amundi, UBS, Franklin Templeton, JP Morgan, M&G, Pictet, Candriam, BNP Paribas, Fidelity, Raiffeisen) jurisdictions. Second, the Fondo Pensione Aperto Aureo — an open pension fund with ESG-compartmentalized options (€1.6B+ across ESG compartments as of May 2026). Third, the Pertempo joint initiative with BCC Vita SpA and BCC Assicurazioni SpA, providing integrated pension, insurance savings, and protection products. The PianoRisparMio digital service suite (Io Progetto, Io Concretizzo, Io Incremento, PAC, Switch) provides savings-planning simulators, and a reserved digital client portal (fondi.mywelf.it) supports client and corporate account management. Technology platform is SharePoint-based with no disclosed AI/ML components.

Revenue mechanics are based on recurring management and advisory fees on AUM: collective investment management fees, pension fund management fees, fees on individual portfolio management (Gestione Individuale di Portafoglio), and advisory fees on the InvestiperSCELTA platform. Pricing is not publicly disclosed and is detailed in the KID (Key Information Document); PAC minimums start at €50/month with €25 multiples. Share capital stands at €8,500,000 fully paid-in, with 51-100 employees and primary customer segments being retail banking customers of the BCC network and corporate/company pension plans. There is no public listing, no external institutional shareholders, and no disclosed M&A or funding activity.

Name

BCC Risparmio & Previdenza

Legal name

BCC Risparmio&Previdenza S.G.R.p.A.

Website

https://bccrisparmioeprevidenza.it

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

BCC Risparmio & Previdenza is an Italian asset management company (SGR) within Gruppo Bancario Cooperativo Iccrea that manages mutual funds, the Aureo open pension fund, and individual portfolios, distributing exclusively through the network of approximately 200+ Italian cooperative banks (Banche di Credito Cooperativo) to retail savers and corporate pension clients.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Pension Funds (52511)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industries

Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Asset management services
• Mutual fund management
• Pension fund products
• Investment advisory services
• Open pension funds

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Collective Investment Management (Fondi Comuni): Management fees from managing mutual funds (fondi comuni di investimento) including equity, balanced, bond, and ethical funds. Includes both proprietary Investiper funds and third-party OICR funds from Irish and Luxembourgish jurisdictions.
2. Pension Fund Management (Fondo Pensione Aperto Aureo): Management of the open pension fund 'Fondo Pensione Aperto Aureo' which offers ESG-compartmentalized options including equity ESG, balanced ESG, guaranteed ESG, bond ESG, and prudent ESG.
3. Expert Advisory Services (InvestiperSCELTA): Advisory fees from providing expert investment consulting services through the BCC network, offering access to over 600 funds with personalized risk profiling.
4. Individual Portfolio Management (Gestione Individuale di Portafoglio): Fees from managing individual investment portfolios for qualified investors.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

BCC Risparmio & Previdenza S.G.R.p.A. is an Italian asset management company that manages collective investment funds (Fondi Comuni including Italian, Irish, and Luxembourgish OICR), the open pension fund Fondo Pensione Aperto Aureo, and individual investment portfolios (Gestione Individuale di Portafoglio). It also delivers the InvestiperSCELTA expert advisory service providing access to over 600 funds and the integrated Pertempo pension-insurance initiative alongside BCC Vita and BCC Assicurazioni. All offerings are distributed through the network of Banche di Credito Cooperativo (BCC/Casse Rurali) cooperative banks.

Product overview

BCC Risparmio & Previdenza (BCC Risparmio&Previdenza S.G.R.p.A.) is a fund management company (Società di Gestione del Risparmio) belonging to the Gruppo Bancario Cooperativo Iccrea. Its offering consists of three integrated pillars: (1) the Investiper fund family of proprietary Italian-domiciled funds (equity, balanced, bond, PIR, ethical) plus distributed OICR of Irish and Luxembourgish law; (2) the Fondo Pensione Aperto Aureo supplementary pension fund with ESG-compartment options; and (3) the Pertempo integrated pension and insurance initiative with BCC Vita and BCC Assicurazioni. The PianoRisparMio digital service suite provides savings simulators (PAC, Io Progetto, Io Concretizzo, Io Incremento, Switch) for clients of partner Banche di Credito Cooperativo. InvestiperSCELTA delivers expert advisory with access to over 600 funds. The company distributes exclusively through the BCC cooperative banking network.

Differentiator

Problem solved

Functional benefit

Brands

• InvestiperFONDI: Integrated offering of collective investment management products proposed by distributing intermediaries of Credito Cooperativo.
• InvestiperSCELTA
• PianoRisparMio
• Pertempo
• Fondo Pensione Aperto Aureo

Products and services

• InvestiperFONDI Integrated offering of collective investment management products (fondi comuni di investimento) distributed through Credito Cooperativo intermediary banks, enabling retail customers to access diversified investment solutions based on their risk profile and financial needs.
• InvestiperSCELTA Expert advisory consulting service available at partner BCC banks, providing access to over 600 investment funds with continuous market monitoring and portfolio diversification without requiring multiple interlocutors.
• Pertempo Joint initiative of BCC Risparmio & Previdenza, BCC Vita SpA, and BCC Assicurazioni SpA offering integrated pension and insurance solutions, including the Fondo Pensione Aperto Aureo managed by the SGR, insurance savings products, and protection policies for home, health, life, and daily living.
• Fondo Pensione Aperto Aureo Open pension fund managed by BCC Risparmio & Previdenza S.G.R., part of the Pertempo integrated pension and insurance offering, providing supplementary pension coverage with ESG-focused investment compartments (azionario ESG, bilanciato ESG, garantito ESG, obbligazionario ESG, prudente ESG).
• PianoRisparMio Suite of savings services for individual investors, including goal-based savings simulator (Io Progetto), gain consolidation tool (Io Concretizzo), market downturn investment opportunity strategy (Io Incremento), Systematic Investment Plan (PAC from €50/month), and fund reallocation tool (Switch).
• Investiper Fund Family (Fondi Comuni Italiani) Family of proprietary Italian-domiciled investment funds including equity funds (Euro, Futuro, Globale, Paesi Emergenti), balanced funds (Bilanciato 25, Bilanciato 50, Etico Bilanciato), and bond funds (Obbligazionario Breve Termine, Obbligazionario Globale, Obbligazionario Paesi Emergenti, PIR, PIR II, Valore Obbligazionario Italia), available in accumulation and one-time investment share classes.
• OICR di diritto irlandese e lussemburghese (third-party UCITS funds) Third-party UCITS funds distributed through the platform, including Irish-domiciled GIM funds (Emerging Markets Bond, Emerging Markets Equity, Euro Corporate Bond, European High Yield Bond, Global Megatrend Selection, Japan Equity, US Equity) and Luxembourg-domiciled SICAV funds from Amundi, BlackRock, BNP Paribas, Candriam, Fidelity, Franklin Templeton, J.P. Morgan, M&G, Pictet, Raiffeisen, Templeton, and UBS.
• Gestione Individuale di Portafoglio (Individual Portfolio Management) Discretionary individual portfolio management service for qualified investors within the BCC network.

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and moderate.

• Gruppo Bancario Cooperativo IccreacoreStrategic or Co-development PartnerParent banking group to which BCC Risparmio&Previdenza S.G.R.p.A. belongs. The company is part of this cooperative banking group registered in the Albo dei Gruppi bancari. Gruppo BCC Iccrea provides institutional support, brand affiliation, and operational infrastructure including accessibility standards, whistleblowing systems, and ethics frameworks that BCC Risparmio&Previdenza implements.
• BCC Vita SpAcoreStrategic or Co-development PartnerInsurance company of the Gruppo Bancario Cooperativo Iccrea. Together with BCC Assicurazioni SpA, participates in the 'Pertempo' project aimed at offering integrated pension and insurance solutions through the BCC network. BCC Risparmio&Previdenza manages the Fondo Pensione Aperto Aureo component of this integrated offering.
• BCC Assicurazioni SpAcoreStrategic or Co-development PartnerInsurance company of the Gruppo Bancario Cooperativo Iccrea. Together with BCC Vita SpA, participates in the 'Pertempo' project offering integrated pension and insurance solutions. Provides home, health, life, and everyday protection insurance products through the BCC network as part of the Pertempo integrated offering.
• Banche di Credito Cooperativo (BCC/Casse Rurali)coreChannel Partner/ Reseller/ DistributorItalian cooperative banks that serve as the exclusive distribution network for BCC Risparmio&Previdenza products. These approximately 200+ local banks distribute Investiper funds and provide InvestiperSCELTA advisory services to their retail and business customers, leveraging their trusted local presence and customer relationships.
• Iccrea Banca S.p.A.moderateImplementation/ SI/ Consulting PartnerThe bank entity responsible for technical implementation and maintenance of the BCC Risparmio&Previdenza website, as indicated in the footer: 'Realizzato da Iccrea Banca S.p.A.'

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Etica SGR: Italian asset manager specializing exclusively in ESG and sustainable investing mutual funds, with Italian retail distribution. Comparable in ESG positioning within the Italian fund market but with narrower product focus.

Broad incumbents

• Eurizon Capital (Intesa Sanpaolo): Asset management arm of Italy's largest banking group, offering mutual funds, pension funds, and insurance wrappers distributed through the Intesa Sanpaolo branch network. Comparable in product breadth and Italian retail distribution focus.
• BlackRock Italy: Global asset manager distributing multi-asset and thematic funds through Italian retail platforms including BCC Risparmio & Previdenza's Investiper platform. Competes for the same retail investor wallet in Italy.
• Schroders Italy: Global asset manager with Italian distribution of multi-asset and thematic funds via retail and private banking channels. Competes in Italian retail fund market, particularly in the advisory/multi-manager segment where InvestiperSCELTA operates.
• Amundi (Italy operations): European asset management leader with a significant Italian retail fund presence, including funds distributed on BCC Risparmio & Previdenza's own platform. Competes in Italian retail mutual fund market with broader product breadth.
• Generali Investments Partners: Asset management arm of Italy's largest insurance group, offering mutual funds, pension funds, and multi-asset solutions distributed through Italian retail and bancassurance channels. Comparable integrated offering and Italian retail focus.

Direct peers

• Arca SGR: Italian asset manager also deeply tied to the cooperative banking channel (BCC/Popolari network). Directly comparable product set (mutual funds, pension funds, advisory) and distribution model through Italian cooperative banks.
• Mediolanum Gestione Fondi: Italian fund manager within Banca Mediolanum group, focused on mutual funds and unit-linked products distributed through Italian financial advisor networks. Comparable product and retail distribution model.
• Anima SGR: One of Italy's largest independent asset managers offering mutual funds, pension funds, and individual portfolio management, distributed through Italian retail bank networks. Closest scale-comparable Italian peer.
• Fineco Asset Management: Italian asset manager within FinecoBank group, offering proprietary and third-party funds via direct-to-consumer and advisor channels. Comparable in combining proprietary fund family with multi-manager advisory platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 BCC Risparmio & Previdenza