Maneris Ag

What Maneris Ag does

Maneris AG is an independent, owner-managed wealth management firm headquartered in Siegen, Germany, founded in 1995 and operating under BaFin authorization since 2003. The firm provides fee-only (honorarbasiert) discretionary advisory services to approximately 250 high-net-worth families, with reported assets under management of roughly €200 million (as of 2019). It is structured as a private Aktiengesellschaft with no external private equity or venture capital ownership; Andreas Muhl has served as CEO and majority shareholder since 2014. The firm is a member of the Verband unabhängiger Vermögensverwalter (VuV) and differentiates on a transparent, commission-free pricing model relative to bank-affiliated competitors.

Core offerings include discretionary portfolio management for private clients, a proprietary mutual fund (Maneris Select UI, launched in 2017, ISIN DE000A2DMT10) serviced via Universal-Investment as capital management company, and digital client infrastructure delivered through partnerships with WealthPilot (financial planning) and Finadesk (client document portal). Custody is conducted through Hauck Aufhäuser Lampe Privatbank. External validation includes Capital magazine's 5-star wealth manager rating and the Handelsblatt/Elite Report "TOP Vermögensverwalter" designation.

Revenue is generated primarily through a tiered percentage-based fee on assets under management, consistent with German fee-only advisory norms of approximately 1% annually. Following its 2014 leadership transition, the firm has pursued gradual scaling via team expansion, a 2024 headquarters relocation to accommodate growth, and recurring advisor and portfolio manager hires scheduled through 2026.

Name

Maneris Ag

Legal name

Maneris AG

Website

https://maneris.de

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Maneris AG is a BaFin-regulated, fee-only wealth management firm based in Siegen, Germany, serving approximately 250 high-net-worth families with roughly €200 million under discretionary management and a proprietary mutual fund.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)

akta.pro secondary industry

Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE)

Keywords

• Independent wealth management
• Fee-only advisory
• Asset management
• Private portfolio management
• Strategic financial consulting

Headquarters

HQ city

Siegen

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management Fees: Revenue is generated exclusively through transparent fee-based (honorar) compensation from clients — not through commissions or product retrocessions. The fee model ensures absolute cost transparency and eliminates conflicts of interest. The specific fee structure is quoted-based and not publicly disclosed.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Maneris AG provides independent, fee-only wealth and asset management services to private clients, entrepreneurs, and their families in Germany. The firm delivers customized individual portfolio management, comprehensive strategic wealth and succession planning, and the proprietary Maneris Select UI mixed-asset fund, supplemented by digital tools (Maneris Wealth Pilot, Maneris Portal) for consolidated portfolio analysis.

Product overview

Maneris AG operates as an independent wealth management company offering a unified suite of financial services built around three core pillars: individual wealth management (Vermögensverwaltung), strategic consulting (Strategieberatung), and proprietary fund products. The flagship product is Maneris Select UI, a proprietary mixed investment fund launched in April 2017, which serves as the core holding for the firm's fund-based Select Strategies. Clients access services through physical advisory relationships complemented by digital tools including the Maneris Wealth Pilot app for portfolio consolidation and the Maneris Portal for document access. The firm operates on a commission-free, fee-based model to maintain independence from product providers and financial institutions.

Differentiator

Problem solved

Functional benefit

Brands

• Maneris Select UI: Proprietary mixed fund (Mischfonds) launched in 2017, managed by Maneris AG, with ISIN DE000A2DMT10, WKN A2DMT1, currency Euro, managed by Universal-Investment-Gesellschaft mbH with Hauck Aufhäuser Lampe Privatbank AG as custodian bank
• Maneris Wealth Pilot
• Maneris Select UI Fond

Products and services

• Vermögensverwaltung (Wealth Management) Individual financial portfolio management service providing customized investment strategies based on client goals, risk tolerance, and life phases. Includes active investment decisions, portfolio monitoring, and regular reporting for private clients, entrepreneurs, and their families.
• Strategieberatung (Strategic Consulting) Comprehensive wealth planning service determining how financial resources should be earned, allocated, saved, and spent over time, considering financial risks and future events. Includes total asset planning, wealth steering, and succession planning.
• Maneris Select UI Proprietary public investment fund (Mischfonds/mixed fund, ISIN DE000A2DMT10) following an active, quality-driven investment approach with no benchmark index orientation. Invests flexibly across asset classes including equities, bonds, convertibles, and precious metals instruments for broad risk diversification.
• Fonds-Select Strategien (Fund-Select Strategies) Fund-based wealth management strategies combining the proprietary Maneris Select UI fund as central investment with selected active investment manager funds and cost-efficient passive ETF products. Offered in three variants based on return expectations and risk tolerance.

Quantifiable outcome

• Over 250 families and €200 million in assets under management as of 2019, having grown from the €100M AUM milestone passed in 2014.
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Universal-Investment-Gesellschaft mbHcoreTechnology or Integration · 24 April 2017Universal-Investment serves as the KVG (capital management company / investment fund administrator) for the Maneris Select UI fund. They provide the regulatory and administrative infrastructure for the fund's operations.
• Hauck Aufhäuser Lampe Privatbank AGcoreTechnology or Integration · 24 April 2017Hauck Aufhäuser Lampe Privatbank AG acts as the custodian bank (Verwahrstelle / Depotbank) for the Maneris Select UI fund. The bank holds client assets and executes securities transactions.
• VuV (Verband unabhängiger Vermögensverwalter Deutschland e.V.)coreOthersManeris AG has been a member of the VuV since 2007. The association provides regulatory support, legal certainty for contract design, and represents independent wealth managers in Germany.

Scale indicators4 records

Recent moves11 records

Expansion highlights3 records

Broad incumbents

• Hauck Aufhäuser Lampe Privatbank AG: German private bank providing wealth management and custodian services to independent wealth managers (including Maneris, where it serves as custodian). Comparable as a wealth manager to HNW clients but also functions as a partner/service provider to the subject.
• Berenberg Wealth Management: One of Germany's largest private banks with a substantial wealth management division serving HNW and UHNW clients. Comparable in target client and service breadth but operates at much larger scale and as a universal bank.

Direct peers

• DJE Kapital AG: German independent asset and wealth manager (Dr. Jens Ehrhardt group) with proprietary multi-asset funds and a focus on HNW private clients. Comparable in offering mix (multi-asset funds plus discretionary wealth management) and target market.
• Gané Asset Management: Boutique German independent wealth manager with proprietary absolute-return and multi-asset mandates. Comparable as a small-to-mid sized fee-only manager with proprietary strategies and a focus on HNW private clients.
• Flossbach von Storch: One of Germany's largest independent wealth managers with multiple in-house funds (e.g., Flossbach von Storch Multi Asset). Directly comparable as a fee-only German independent manager serving HNW private clients with a flagship multi-asset fund at the core of its offering.
• ACATIS Investment: German independent value-oriented investment boutique offering proprietary funds (e.g., ACATIS Value Funds) and discretionary wealth management. Comparable as a fee-only German independent with proprietary multi-asset fund products and HNW client focus.
• Bankhaus Bauer: Stuttgart-based German private bank with strong focus on independent wealth management for affluent private clients. Comparable in fee-based advisory approach, regional German footprint, and HNW private client focus.

Others

• Wealthpilot: Digital wealth monitoring platform used by Maneris and many other German wealth managers to consolidate client portfolios. Included as an adjacent enabling technology provider rather than a direct competitor; powers the Maneris Wealth Pilot tool.

Emerging players

• Scalable Capital: German digital wealth management platform offering robo-advisory and broker services to affluent retail and HNW clients. Comparable in the wealth management value chain and target segment but operates at much lower fees with a fully digital model.
• Liqid: German digital wealth manager providing discretionary portfolio management for HNW clients via a hybrid digital-advisor model. Comparable in the wealth management value chain and HNW target segment; competes for similar clients through a tech-enabled structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/maneris-ag

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Maneris Ag