Since 2003, the German private banking audit and assessment firm Verlag FUCHSBRIEFE and Institut Dr. Richter | IQF have reviewed the advisory quality provided by asset managers. The main assessment criteria include the advisory discussions, wealth management strategy, portfolio quality and transparency.
As part of the “Tops 2019” test, VP Bank was also assessed. The auditors particularly praised the "professionally appealing advice", the broadly diversified portfolio and the excellent transparency.
On 20 November 2018, VP Bank was awarded the "VERY GOOD" distinction for transparency as well as a "GOOD" in the overall ranking category in Berlin. A total of 79 banks and asset managers were surveyed. VP Bank now ranks 13th in the "perpetual list of the best".
Christoph Mauchle, Head of Client Business and member of Group Executive Management of VP Bank Group, is very pleased with this excellent assessment: "The awards of the Fuchsbriefe Test as well as the improvement in the overall ranking from 20th to 13th place prove that VP Bank operates at the highest level in international comparison with regard to advisory standards. The ongoing certification of our client advisors guarantees this high standard of advisory quality.”