{ "schemaVersion": 1, "organisationId": "O-818eea6f7ed2494a93a3fdf1e27fba5c", "slug": "vz-holding-n", "name": "VZ HOLDING 'N'", "updatedAt": "2026-10-04T15:29:57.858881Z", "sections": [ { "type": "OVERVIEW", "text": "VZ Holding, operating as VZ Group, is a Swiss financial-services provider focused on independent financial advice and wealth management. Its services include retirement and pension planning, investment and asset management, mortgages and real-estate financing, tax, insurance and succession advice, as well as occupational-pension solutions for companies. VZ describes its founding purpose in 1993 as making financial services more transparent and helping consumers access attractive benefits. [https://www.vermoegenszentrum.ch/en/portrait][https://www.vermoegenszentrum.ch/en/portrait/consultations-at-vz][https://www.vermoegenszentrum.ch/en/companies]\n\nSwitzerland is its principal market, with additional activity elsewhere in Europe; FY2025 revenue was CHF541.9 million in Switzerland and CHF32.6 million in Europe outside Switzerland. [P113051826] VZ reported FY2025 revenue of CHF574.477 million and 1,716.9 full-time-equivalent staff at year-end. For the six months ended 30 June 2026, it reported revenue of CHF316.492 million and 1,794.3 FTE. [https://www.vermoegenszentrum.ch/en/investor-relations/key-figures]\n[P113051826][https://www.vermoegenszentrum.ch/en/portrait][https://www.vermoegenszentrum.ch/en/portrait/consultations-at-vz][https://www.vermoegenszentrum.ch/en/companies][https://www.vermoegenszentrum.ch/en/investor-relations/key-figures]", "updatedAt": "2026-10-04T15:29:57.858881Z" }, { "type": "PRODUCTS", "text": "VZ Holding provides financial advice and wealth-management services covering retirement planning, investment and asset assessment, real-estate financing, tax and insurance optimisation, and succession planning [https://www.vermoegenszentrum.ch/en/portrait]. Its digital VZ Financial Portal consolidates information such as balances, mortgages, insurance, taxes, total assets and payment flows; the associated trading service offers real-time trading and, in its Pro version, analysis of more than 6,500 global shares and recommendations on 200 Swiss shares [T7925720][https://www.vermoegenszentrum.ch/en/solution/vz-financial-portal][https://www.vermoegenszentrum.ch/en/vz-financial-portal/vz-financial-portal-pro-trade-professionals].\n\nIts banking service is provided through VZ Depository Bank. HypothekenZentrum connects mortgage borrowers with institutional investors in prime mortgages. Pension and occupational-benefit offerings include collective pension schemes, investment foundations, executive pension plans, vested-benefit accounts and Pillar 3a foundations. Insurance offerings include property-and-casualty cover for individuals and death-and-disability reinsurance for pension foundations [T7925720].\n\nIn FY2025, VZ reported CHF574.5 million in revenue. AuM management fees were CHF382.1 million (about 66.5% of revenue), banking income CHF93.5 million (16.3%), consulting fees CHF43.8 million (7.6%), other management fees CHF37.5 million (6.5%), insurance result CHF16.5 million (2.9%), and other revenue CHF1.1 million (0.2%). These are revenue categories rather than individual product shares; AuM management fees include asset-management and client-service fees, net all-in and deposit fees, and fees for managing residential-property mortgages [T7188990][P21438415].\n[T7925720][T7188990][P21438415][https://www.vermoegenszentrum.ch/en/portrait][https://www.vermoegenszentrum.ch/en/solution/vz-financial-portal][https://www.vermoegenszentrum.ch/en/vz-financial-portal/vz-financial-portal-pro-trade-professionals]", "updatedAt": "2026-10-04T15:29:57.858881Z" }, { "type": "GEOGRAPHY", "text": "VZ Group operates across Switzerland, Germany and the UK, with more than 40 locations. VZ Holding Ltd is headquartered in Zug and has branch offices in Switzerland, Germany and England. [P32075302][P557037]\n\nIn FY2025, revenue was CHF 541.877 million in Switzerland and CHF 32.600 million in Europe excluding Switzerland, or approximately 94.3% and 5.7% of total revenue of CHF 574.477 million, respectively. The reported regional breakdown does not provide country-level revenue within the Europe grouping. [T8112498]\n[P32075302][P557037][T8112498][T8112498][T8112498]", "updatedAt": "2026-10-04T15:29:57.858881Z" }, { "type": "SEGMENTS", "text": "VZ Group reports one business segment, so that segment represents 100% of reported revenue. The Group describes its focus as individuals and couples over 50 with residential property, alongside advice to corporate clients on insurance and occupational-pension matters; these customer groups and services are not reported as separate segments. [P46398167][P21635667]\n\nFor context, the FY2025 revenue categories provide an activity mix, not an official segment split. As approximate shares of total revenue of CHF 574.477 million, management fees were 73.0% (AuM fees CHF 382.096 million and other management fees CHF 37.533 million); banking income was 16.3%; consulting fees were 7.6%; the insurance result was 2.9%; and other revenues were 0.2%. [T6621057] The official investor-relations page lists the H1 2026 report as the latest reporting-period document as of 4 October 2026. [https://www.vermoegenszentrum.ch/en/investor-relations/financial-reports]\n[P46398167][P21635667][T6621057][T6621057][T6621057][T6621057][T6621057][T6621057][T6621057][T6621057][https://www.vermoegenszentrum.ch/en/investor-relations/financial-reports]", "updatedAt": "2026-10-04T15:29:57.858881Z" }, { "type": "HISTORY", "text": "VZ Holding was founded in Switzerland in 1993 by Matthias Reinhart and Max Bolanz. It expanded into Germany in 2000, establishing its German business in Munich. [P21471076][https://www.vermoegenszentrum.ch/fr/portrait][https://www.vermoegenszentrum.de/portrait] VZ Group became publicly listed on the SIX Swiss Exchange in 2007. [https://www.vermoegenszentrum.ch/en/portrait]\n\nIn 2021, VZ entered the UK market by acquiring a 50.1% stake in London-based financial advisory firm Lumin Group, with plans to acquire the remaining shares within five years. [https://www.eqs-news.com/news/ad-hoc/vz-holding-ag-vz-group-acquires-stake-in-london-based-financial-advisory-firm/e147dfdf-7c4c-4f2d-bb57-daa5a1a719d1] Matthias Reinhart concluded his tenure as CEO in 2022 and became Board Chairman in 2023; Giulio Vitarelli became Group CEO in 2023. 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