Reinforcement: Berenberg expands Wealth Management in Frankfurt

Six advisors and one relationship manager are starting today at Berenberg's Frankfurt Wealth Management. The wealth management team at this location will now consist of 13 advisors and five relationship managers. Sven Friske, who joined Berenberg from Julius Baer at the beginning of April , heads the Frankfurt Wealth Management team.

Team comes from Deutsche Bank and Hauck Aufhäuser Lampe

Five of the new advisors come from Deutsche Bank's private banking unit: Piero Abruscato, Davut Iskenderoglu, Denis Jahn, Konstantin Orak, and Michael Schützendiebel. Private banking magazine reported on their departure.

Rico Fritzsche, who also joins as a consultant, previously worked at Hauck Aufhäuser Lampe. Mario Baars will start as a customer service representative and will primarily be responsible for acquiring new customers. He also comes from Hauck Aufhäuser Lampe.

Klaus Naeve, Head of Wealth and Asset Management at Berenberg, commented on the team's expansion: "We see great growth potential for the region due to the high density of potential clients in wealth management." He also said the bank wants to strengthen the foundation of trust with the "most exclusive client group." Geographical proximity is important for this.

About Berenberg

The private bank Berenberg was founded in 1590 and is headquartered in Hamburg. It also has offices in Frankfurt, London, and New York. Its focus is on wealth and asset management, investment banking, and corporate banking.