What is meant by the term ‘independence’?
An independent wealth manager is free from the constraints of being tied to banks, insurance groups, or structural distributors. This allows them to operate with the flexibility and autonomy to serve their clients’ best interests. This allows them to act solely in the best interests of their clients. Membership of the Association of Independent Asset Managers (VUV e.V.) is a reliable indicator of a strict code of conduct. The advantages of independent wealth managers over other institutions are clear from the perspective of their commitment to the client and transparency in asset management.