Heemann Vermogensverwaltung Ag

What Heemann Vermogensverwaltung Ag does

Heemann Vermögensverwaltung AG is a privately held, bank-independent German wealth manager founded in 1996 and headquartered in Nordhorn, Germany. The firm operates a dual business: (1) individualized single-depot asset management for private clients across Europe, and (2) a proprietary family of three Luxembourg-domiciled UCITS funds — the FU Multi Asset Fonds (launched 2008, global equity-tilted mixed fund), the FU Bonds Monthly Income (launched 2019, monthly-distributing European corporate bond fund), and the FU Dachfonds (launched 2017, global equity fund-of-funds). Total assets under management are described by the firm as a "significantly three-digit million" euro range, with disclosed fund-level AUM of €123.2M (FU Multi Asset Fonds) and €138.8M (FU Bonds Monthly Income, having recently exceeded €150M) as of July 2026.

Revenue is generated almost entirely from recurring asset-based fees: portfolio management fees on individual mandates and management/performance fees on the three proprietary funds. The firm employs a fee structure split by share class, with P-Tranches for retail and I-Tranches for institutional investors, plus a Z-Tranche (annual distribution) on the bond fund. The company does not employ any proprietary trading technology; the operating stack is limited to standard web infrastructure (Google Analytics, SSL, reCAPTCHA) plus the back-office fund administration provided by Hauck & Aufhäuser Fund Services S.A. (the KVG) and distribution partnerships with Hauck Aufhäuser Lampe, ABN AMRO Asset Servicing, Pro BoutiquenFonds, and Drescher & Cie.

The firm is regulated by BaFin and the Deutsche Bundesbank as a Wertpapierinstitut under WpIG, and is a member of the EdW investor compensation scheme. It is led by three Vorstände (Ernst Heemann, Ralf de Winder, Miriam de Winder) and supported by a small portfolio management team (Sabine Knee, Gerhard Mayer, Norbert Schmidt, Ralf Hölscher) — fewer than 10 staff. The go-to-market is relationship-driven: direct advisory through five German offices, fund distribution through European fund platforms, and brand-building through financial media (n-tv, FinanceNewsTV) and boutique-fund webinars.

Name

Heemann Vermogensverwaltung Ag

Legal name

Heemann Vermögensverwaltung AG

Website

https://heemann.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Heemann Vermögensverwaltung AG is a privately held, bank-independent German wealth manager founded in 1996 that provides individualized single-depot portfolio management for European private clients and manages three proprietary UCITS funds (FU Multi Asset Fonds, FU Bonds Monthly Income, FU Dachfonds), serving retail, institutional, and women-focused segments.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Other Investment Pools and Funds (5259)

akta.pro primary industry

Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

akta.pro secondary industries

Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA), Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

Keywords

• Wealth management services
• Asset management
• Mutual fund management
• Portfolio management
• Investment fund products

Headquarters

HQ city

Nordhorn

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Individual Portfolio Management: Heemann Vermögensverwaltung manages individual single-depot portfolios for private clients across Europe, generating recurring management fees based on assets under management. Each depot is individualized to the client's specific needs.
2. Proprietary Fund Management: The firm manages three proprietary fund families: FU Multi Asset Fonds (€123.2M AUM as of July 2026), FU Bonds Monthly Income (€138.8M AUM as of July 2026, recently exceeded €150M milestone), and FU Dachfonds. Revenue is generated through fund management fees (management fees and performance components) and distribution fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Heemann Vermögensverwaltung AG provides individualized single-depot wealth management for private clients across Europe, with each portfolio tailored to the client's needs rather than built from standardized strategies. Alongside this discretionary asset management service, the firm manages three proprietary UCITS funds (FU Multi Asset Fonds, FU Bonds Monthly Income, FU Dachfonds) that are also available to external retail and institutional investors through fund platforms administered by Hauck & Aufhäuser.

Product overview

Heemann Vermögensverwaltung AG offers a dual offering: (1) Individual asset management for single depositories with personalized portfolio management, and (2) A family of three proprietary funds managed in-house. The three funds are: FU Multi Asset Fonds (a global mixed fund with equity focus, launched 2008), FU Bonds Monthly Income (a monthly-distributing high-yield bond fund, launched 2019), and FU Dachfonds (a global umbrella fund with equity focus, launched 2017). The company also offers a specialized 'Frauen und Finanzen' (Women and Finance) service focus area.

Differentiator

Problem solved

Functional benefit

Brands

• FU Multi Asset Fonds: Dynamic mixed fund launched in 2008, investing at least 60% globally in equities and equity-like instruments. Managed by Ernst Heemann, Miriam de Winder, and Sabine Knee. WKN A0Q5MD / A12ADZ, ISIN LU0368998240.
• FU Bonds Monthly Income
• FU Dachfonds

Products and services

• FU Multi Asset Fonds A dynamic mixed fund (UCITS, Luxembourg-domiciled) investing globally with at least 60% in equities and equity-like instruments; for retail and institutional investors seeking active multi-asset exposure with P- and I-Tranche share classes.
• FU Bonds Monthly Income A monthly-distributing open-ended bond fund (UCITS, Luxembourg-domiciled) investing in higher-yielding European non-bank corporate bonds; for retail, savings-plan, and institutional investors seeking predictable monthly income via P-, Z- (annual distribution), and I-Tranche share classes.
• FU Dachfonds A global fund-of-funds (UCITS, Luxembourg-domiciled) with an equity focus, investing primarily in equity funds and able to include bond, mixed, and absolute return funds; for investors with a longer-term investment horizon.
• Individuelle Vermögensverwaltung (Individual Asset Management) Discretionary, bank-independent single-depot portfolio management for private clients across Germany and Europe; each depot is built individually to the client's needs without standardized strategies, and includes a dedicated women-and-finance advisory track.

Quantifiable outcome

• 7.95% average annual return since inception in 2008 (FU Multi Asset Fonds)
• +6 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Hauck & Aufhäuser Fund Services S.A.coreImplementation/ SI/ Consulting PartnerHauck & Aufhäuser Fund Services S.A. (1c, rue Gabriel Lippmann, 5365 Munsbach, Luxemburg) serves as the management company (KVG/Kapitalverwaltungsgesellschaft) for all three FU Fonds managed by Heemann Vermögensverwaltung. Fund documents (sales prospectuses, KIIDs, annual reports, half-year reports) are available through Hauck Aufhäuser. Fund information portal accessible at hauck-aufhaeuser.com/fondsportal.
• Hauck Aufhäuser Lampe Privatbank AGcoreChannel Partner/ Reseller/ DistributorHauck Aufhäuser Lampe Privatbank AG (Kaiserstraße 24, 60311 Frankfurt am Main) serves as a distribution point for fund documents and is a key platform partner for Heemann's fund distribution. Miriam de Winder conducted webinars at Hauck Aufhäuser Lampe.
• Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)coreOthersBaFin (Marie-Curie-Str. 24-28, 60439 Frankfurt) is the regulatory supervisory authority for Heemann Vermögensverwaltung AG as a securities institute (Wertpapierinstitut) under WpIG.
• Deutsche Bundesbank (Hauptverwaltung NRW)coreOthersDeutsche Bundesbank (Hauptverwaltung in Nordrhein-Westfalen, Berliner Allee 14, 40212 Düsseldorf) jointly supervises Heemann Vermögensverwaltung AG alongside BaFin.
• Entschädigungseinrichtung der Wertpapierhandelsunternehmen (EdW)coreOthersEdW (10865 Berlin) is the compensation scheme for securities trading companies to which Heemann Vermögensverwaltung AG is assigned as a member institution.
• Finanz-Union AGcoreStrategic or Co-development PartnerFinanz-Union AG (founded 1992 by Ralf de Winder) is a nationwide financial services provider (Finanzdienstleister) headquartered in Nordhorn. Ralf de Winder has been managing the development and growth of Finanz-Union AG since its founding. The shared founder creates a strategic connection between the two entities.
• ABN AMRO Asset ServicingminorChannel Partner/ Reseller/ DistributorNorbert Schmidt (fund manager of FU Bonds Monthly Income) appeared in a webinar hosted by ABN AMRO Asset Servicing titled 'Das Kapital bleibt, das Einkommen wächst' (01.07.2026) for distribution to ABN AMRO's client base.
• Drescher & Cie.minorChannel Partner/ Reseller/ DistributorNorbert Schmidt appeared in a webinar hosted by Drescher & Cie. (27.04.2026) discussing corporate bonds and yield opportunities, as part of Heemann's distribution partner outreach.
• Pro BoutiquenFonds GmbHminorChannel Partner/ Reseller/ DistributorMiriam de Winder appeared in a webinar hosted by Pro BoutiquenFonds on 16.07.2026 discussing the FU Multi Asset Fonds and market outlook, as part of boutique fund distribution.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HQ Trust: Bad Homburg-based German multi-family office and wealth manager serving HNW entrepreneurs with individual portfolio management. Comparable to Heemann in bank-independent wealth management focus, German HNW target segment, and similar boutique scale.
• Flossbach von Storch: Cologne-based German boutique asset manager with multi-asset and equity fund offerings. Directly comparable to Heemann as a bank-independent, founder-led German boutique with strong individual mandate and proprietary fund business targeting European HNW investors.
• DJE Kapital AG: Pullach-based German boutique asset manager (Dr. Jens Ehrhardt Group) offering multi-asset, equity, and fixed income funds plus individual wealth management. Comparable to Heemann in size, German boutique model, and active multi-asset philosophy.
• GANÉ Aktiengesellschaft: Frankfurt-based German boutique value asset manager (founded by former Flossbach von Storch partner). Comparable to Heemann as a small German boutique running multi-asset funds with strong absolute-return focus and individual wealth mandates.
• ACATIS Investment: Frankfurt-based German value boutique asset manager running equity, multi-asset, and bond funds for retail and institutional investors. Comparable to Heemann in German boutique model, value-oriented active management, and similar AUM scale.
• Lupus alpha: Frankfurt-based German boutique asset manager running specialty equity and fixed income funds plus institutional mandates. Comparable to Heemann in boutique positioning, German regulatory base, and active multi-fund approach.

Broad incumbents

• Bethmann Bank (ABN AMRO): Frankfurt-based German private bank owned by ABN AMRO, focused on individual wealth management and asset management for HNW clients. Comparable to Heemann in wealth management service offering; larger incumbent with broader geographic reach.
• Union Investment: Frankfurt-based one of Germany's largest asset managers with multi-asset and equity/bond fund families. Comparable in offering UCITS multi-asset and bond funds distributed across German and European platforms, but vastly larger scale (tens of billions of AUM).
• ODDO BHF Trust: Frankfurt-based wealth management and private banking arm of the Franco-German ODDO BHF Group. Comparable to Heemann in offering individual Vermögensverwaltung mandates and proprietary funds, but operates at substantially larger scale and broader product breadth.

Others

• Hauck & Aufhäuser Lampe Privatbank: Frankfurt-based German private bank serving as Heemann's core KVG and fund distribution partner. Adjacent/partner relationship rather than direct competitor; comparable in German private banking wealth management space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Heemann Vermogensverwaltung Ag