Berenberg Private Banking : Company Profile and SWOT Analysis

Document Sample
Berenberg Private Banking : Company Profile and SWOT Analysis Powered By Docstoc
					Berenberg Private Banking


Berenberg Private Banking                                                      Key Employees
                                                                               Name                      Job Title
Fast Facts
                                    Neuer Jungfernstieg 20, Hamburg, 20354,    Andreas Brodtmann         Managing Partner
Headquarters Address
                                                                                                         Managing Director -
                                                                               Dr Jan Bohm
Telephone                           + 49 40 350600                                                       Berenberg Bank
                                                                               Hans-Walter Peters        Managing Partner
Fax                                 + 49 40 35060900

                                                                               Hendrik Riehmer           Managing Partner
                                                                                                         Managing Director -
                                                                               Jens Brüggemann
Ticker Symbol, Stock Exchange       N/A                                                                  Berenberg Bank
                                                                                                         Managing Director -
                                                                               Lars Andersen
Number of Employees                 N/A                                                                  Berenberg Bank
                                                                                                         Managing Director -
                                                                               Sven Albrecht
Fiscal Year End                     December                                                             Berenberg Bank
                                                                                                         Managing Director -
                                                                               Tobias Bittrich
Revenue (in US$ million)            N/A                                                                  Berenberg Bank

                                                                               Company Overview

                                                                               Berenberg Private Banking (Berenberg Private
SWOT Analysis                                                                  Banking) is the private banking arm of Joh.
                                                                               Berenberg, Gossler & Co. KG (Berenberg
Strengths                           Weaknesses                                 Bank), one of the oldest private banks in
                                                                               Germany. Berenberg Private Banking offers a
Comprehensive service offerings     Fee-based business model                   broad range of private banking and wealth
                                                                               management        services    to  high-net-worth
Presence in major private banking
                                                                               individuals (HNWIs have a net worth of US$1
                                                                               million or more, excluding their primary
Recognized portfolio of services                                               residence). The company’s service offerings
                                                                               include private banking, asset management, real
Opportunities                       Threats                                    estate advisory, family office services, art
                                                                               advisory, investments management, and
                                    Government interference and                external asset management services. Client
Impact of Basel III on the Wealth
                                    regulations in the wealth management       assets under management (AuM) of the
Management Industry
                                    industry                                   company,       which    included  private   and
Increase in the number of HNWIs
                                    Increase in compliance costs
                                                                               institutional clients stood at EUR28.5 billion
globally                                                                       (US$36.6 billion) as on December 31, 2012. The
                                    Stiff competition in the private banking   company had historical AuM figures of EUR26.0
Launch of art investment fund
                                    market                                     billion (US$33.4 billion) as on December 31,
Scope for expansion in the key                                                 2011, which stood at EUR25.5 billion (US$32.8
                                    Turbulence in the
Description: "This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company's business. WealthInsight's 'Berenberg Private Banking : Company Profile and SWOT Analysis' report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. WealthInsight strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report."
PARTNER WealthInsight
WealthInsight provides detailed data and insightful analysis on the global wealth sector. With decades of experience providing business information, we help organizations in the wealth industry make informed decisions, position themselves more effectively and uncover and capitalize on opportunities to win new business. At the core of WealthInsight is our proprietary HNWI database of the world’s wealthiest individuals. Your business can utilize this database to identify which wealthy individuals to reach out to. You can use our reports and briefings to analyze where the greatest opportunities lie.