Quirin private bank and quirion increase customer growth and reach assets under management of 9 billion euros

Quirin private bank and quirion increase customer growth and reach assets under management of 9 billion euros

Quirin private bank and quirion grow rapidly: over 100,000 customers

With great enthusiasm, the Quirin private bank and quirion recently announced that they can record over 100,000 customers for the first time. This growth is the result of its absolute focus on the needs of the individual customers. Thanks to their unique business models, they managed to continuously grow both at the Quirin private bank and at Quirion.

The Quirin private bank looks after most of the customer funds, namely 6.4 billion euros, while Quirion manages EUR 2.6 billion. Overall, assets under management amount to an impressive 9 billion euros. Karl Matthäus Schmidt, CEO of the Quirin Privatbank and founder of Quirion, made this impressive growth, amazed and proud. In the past 18 months, the number of customers has increased by 41 percent, and in 2022 another increase is expected by 26 percent.

Although what has been achieved is already remarkable, Schmidt sees no need to rest. You already have the next growth goals in mind: the 10 billion euro mark with the managed customer money is to be reached. You have developed the Q25+ growth program with which you want to inspire even more people in the future.

The secret of success lies in both their completely commission-free business model and in their corporate strategy to be able to accompany people in all phases of life and wealth. Quirion focuses primarily on younger savers who like to do everything digitally in an app, while the Quirin private bank looks after people with more comprehensive asset structures and an increased personal advisory requirement.

Martin Daut, the CEO of Quirion, emphasizes another success factor: The customer alone only decides where and how they want to be looked after. This customer orientation is characterized by other companies.

Despite the challenges on the market, the growth of the Quirin private bank and quirion cannot be stopped. They have the necessary infrastructure, the right team and are determined to achieve their next big goals. A big plus is also the fact that they continue to grow continuously compared to other robo-advisors instead of withdrawing.

The Quirin private bank differs from other private banks in its unique business model. She has been commissions since 2006 and advises her customers independently against fee. The Quirin Privatbank is with its headquarters in Berlin at 14 other locations in Germany. The company founded the digital investment Quirion in 2013, which is now one of the leading robo advisors in Germany. Quirion offers investors an inexpensive and efficient asset management that benefits from the international capital markets.