Wealth management

Growth prospects in the high-end retail banking business and the field of wealth management also remain excellent, disregarding the temporary, negative influences of the financial and economic crisis. We see high potential for MLP in this business area due to our client base, which consists of graduates and other sophisticated clients. The high-end retail banking business, often referred to as private banking, has been the pinnacle of the financial services sector for years. Yet since the general public’s trust in banks has dropped so sharply in the course of the financial crisis, there is a definite sense that this sector may too see some regulatory changes. This view was also confirmed by a survey conducted by the private university WHU - Otto Beisheim School of Management – which examined the satisfaction levels of private clients. Overall, the survey revealed that private banking clients feel better cared for by independent asset management companies than by classic private banks and regional banks. MLP was ranked in first place.

Those with assets above € 5 million are looked after by the subsidiary Feri Family Trust. Furthermore, institutional investors are advised by Feri Institutional Advisors GmbH.