Client Advisory at VP Bank: Among the Best in the European Fuchsbriefe Test

Client Advisory at VP Bank: Among the Best in the European Fuchsbriefe Test

VP Bank is one of the top 5 banks in the German-speaking world, as well as the number 1 bank in Liechtenstein, where VP Bank’s headquarters are based. VP Bank displays the highest standard in all assessed categories. The top mark is a result of VP Bank’s consistent implementation of a structured and integrated approach to client advisory service.

In order to rank among the best asset managers in the European «TOPs 2018» market assessment, a total result of at least 70 per cent of the top score must be achieved in the market assessment. With 86.7 per cent, VP Bank stands in 5th place in the overall rankings.

Since 2003 the prestigious 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.

Outstanding Customer Service

As part of the «Tops 2018» test, VP Bank was also assessed, where it stood out from the crowd in all four categories. The verdict was unequivocal: «VP Bank’s customer service is outstanding. The employees are always friendly and true to their word. The atmosphere for dialogue is extremely good, and by the second discussion it borders on friendship.»

On 20 November 2017, VP Bank in Berlin was awarded the title: «Top supplier in the overall rankings». In total, 65 banks, fund managers and family offices were considered. VP Bank is one of the top 5 banks in the German-speaking world, as well as the number 1 bank in Liechtenstein, where VP Bank’s headquarters are based. The report emphasises that VP Bank displays the highest standard in all assessed categories.

Certified Top Quality Advisors

Christoph Mauchle, Head of Client Business and member of Group Executive Management of VP Bank Group, is very pleased with the favourable assessment. The top mark is a result of VP Bank’s consistent implementation of a structured and integrated approach to consultation.

This has allowed VP Bank to climb the ranks, earning its place among 2018’s top wealth managers in the markets of Germany, Switzerland, Liechtenstein and Luxemburg. In the last few years, VP Bank has managed to continuously improve its standing in the «all-time leaderboard», and currently holds an excellent 20th place.

Advisory Performance

Clients are entitled to advisors who always have a firm grasp on the financial world and can suggest optimal solutions. VP Bank devotes its full attention to this entitlement in Europe and Asia, and continuously provides further training for its advisors to ensure the best service possible. Continuing certifications of our client advisors ensure the high quality of our advisory services.

The Fuchsbriefe assessment demonstrates that VP Bank’s advisory performance ranks at the highest levels internationally», Mauchle concludes.

Christoph Mauchle has been a member of the Group Executive Management of VP Bank Group and Head of Client Business of VP Bank Group since 2013. Prior to moving to VP Bank, he held various positions at financial institutions in Switzerland and in the USA. He graduated with a master’s degree in Economics from the College of Advanced Economics and Administration (HWV) in St. Gallen.

Facts & figures of VP Bank Group
VP Bank AG was founded in 1956 and, with its 819 employees (757 in full-time equivalents) at mid-year 2017, ranks amongst the largest banks in Liechtenstein. Today, VP Bank is present with offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong, Moscow and Tortola (British Virgin Islands). VP Bank Group offers tailor-made asset management and investment advisory services to private clients and financial intermediaries. Thanks to the Bank’s genuine open architecture, clients benefit from the Bank’s independence including in its investment recommendations, as these may cover not only the Bank’s own asset management solutions but also the products and services of other leading financial institutions. VP Bank is rated «A–» by Standard & Poor’s, and its bearer shares are listed on SIX Swiss Exchange. The Bank has a solid balance sheet and capital adequacy. Its anchor shareholders take a long-term view and stand squarely behind continuity, independence and sustainability.

Facts & Figures of VP Bank (Singapore) Ltd
VP Bank (Singapore) Ltd is a boutique private bank with a client-centric business philosophy. Established in 2008, VP Bank (Singapore) Ltd is the Asian subsidiary of the Liechtenstein-based VP Bank Group with more than 40 employees.

VP Bank (Singapore) Ltd provides specialised wealth management solutions and family office services for high-net-worth clients and professional asset managers.

VP Bank (Singapore) Ltd is dedicated to the protection and growth of clients’ wealth. The bank offers a holistic suite of services in wealth management. Apart from private wealth management, VP Bank (Singapore) Ltd also provides services for asset managers and other financial intermediaries. The service offering comprises a trading platform, banking services including ebanking and mobile banking and operational support. Partnership arrangements with professionals include tailor-made investment advisory, discretionary management solutions and custodian services.