tecis Finanzdienstleistungen AG

from Wikipedia, the free encyclopedia
tecis Finanzdienstleistungen AG

logo
legal form Corporation
founding 1991
Seat Hamburg , Germany
management Sönke Missfeldt, Stefan Butzlaff
Branch Financial service providers
Website www.tecis.de

The tecis Financial Services AG is a German financial advisory firm based in Hamburg. The company brokers insurance, capital investments, financial investments and real estate from various product partners for private households and companies. It emerged in 2004 from tecis Holding AG . Via Swiss Life Deutschland Holding GmbH, the company is a 100 percent subsidiary of the listed Swiss financial advisory and insurance group, Swiss Life Holding AG.

In addition, tecis is registered with the Hamburg Chamber of Commerce as an insurance agent as well as a financial investment broker and real estate loan broker in accordance with the EU Brokerage Directive .

history

Tecis Holding AG was founded in 1991 by Udo Keller in Berlin . From the merger of three other companies, Trithan AG founded in 1986, Cato GmbH founded in 1987 and Conto GmbH founded in 1988, the legally and organizationally independent tecis Services AG emerged in 1998, which was renamed tecis Finanzdienstleistungen AG in 2003 . The name tecis is the abbreviation from "Trithan et Cato Investment Service". The IPO tecis Holding AG took place on 4 December 1998. On 18 September 2000, the shares of tecis Holding AG were included in the MDAX.

Consolidated subsidiaries were tecis Finanzdienstleistungen AG (private financial planning), which still exists today, GLOBAL Vermögensberatung AG (private financial planning), tecis Maklerservice AG (wholesaler for investment funds and insurance products), tecis Asset Management AG (fund of funds-based asset management and product development in the investment sector ), the tecis Insurance AG and the G & B Gilberg & Bruhn Insurance GmbH (commercial and casualty insurance and occupational pensions ), the tecis service AG (customer service, sales service, finance and organization for the other group companies) and the tecis eCom AG (IT processes and IT -Support for the other group companies). With the exception of the 51 percent subsidiary G&B Gilberg & Bruhn Versicherungsmakler GmbH, these were all wholly owned subsidiaries of tecis Holding AG .

In May 2002, tecis Holding AG, which was listed on the German stock exchange and represented in the MDAX, was taken over by AWD Holding. This completed the complete takeover through a squeeze-out in January 2003.

In 2004 tecis Holding AG was merged with tecis Finanzdienstleistungen AG. In 2006 AWD Holding AG established tecis Finanzdienstleistungen AG as an independent sales company. The Swiss financial advisory and insurance group Swiss Life acquired the majority of shares in AWD Holding AG in 2007. As a result of the takeover and realignment of Swiss Life Germany, AWD Holding was merged with Swiss Life Deutschland Holding GmbH in 2013. In the course of the integration into AWD Holding, tecis Holding AG was merged with its own subsidiary tecis Finanzdienstleistungen AG in 2004.

Tecis Finanzdienstleistungen AG is now an independent company within Swiss Life Germany.

Field of activity

Through its operating subsidiaries, the company mainly specialized in the brokerage of investment funds , personal insurance , health insurance and construction finance . Tecis Holding AG's core business area was private financial planning .

Key figures

Tecis Finanzdienstleistungen AG does not publish separate financial figures but is included in the consolidated financial statements of Swiss Life Deutschland Holding GmbH. In the consolidated financial statements of Swiss Life Deutschland Holding GmbH, the four financial distributors Swiss Life Select Deutschland, tecis, HORBACH and ProVentus generated sales of 385.50 million euros in the 2018 financial year. The number of consultants as of December 31, 2018 was reported as 3808 consultants licensed under commercial law. Around 750 permanent employees currently work at the Hanover location, the back office for all financial sales.

Public representation & criticism

Tecis mostly presents itself with public figures; an anniversary book advertised Richard von Weizsäcker ; Friedrich Merz , for example, is interviewed on the YouTube channel . Triathlete Jan Frodeno could be seen on the social media channel Instagram.

Customer acquisition and employee loyalty have been criticized in the press and forums for years . In addition to other service providers such as MLP and Deutsche Vermögensberatung , business economists such as Hartmut Walz accuse tecis of being particularly close to the practices of structured sales. The citizens' movement Finanzwende calls on those involved to share experience reports and whistleblowing .

Nevertheless, tecis was named the best employer by Focus Business in 2020 .

Individual evidence

  1. ↑ Tecis website
  2. ↑ Swiss Life Germany: Group with Swiss tradition - get to know us! , accessed on August 24, 2020.
  3. ↑ a b tecis - history
  4. ↑ German Chamber of Commerce and Industry: Broker Register , accessed on August 24, 2020
  5. ↑ Imprint tecis Finanzdienstleistungen AG - Registration number according to § 34d GewO: D-QCFS-VAROV-15. In: tecis.de. Retrieved March 8, 2017 .
  6. ↑ Register of intermediaries: research. In: vermittlerregister.info. German Chamber of Commerce and Industry , accessed on March 8, 2017 .
  7. ↑ Deutsche Börse, media release from August 8, 2000  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / deutsche-boerse.com  
  8. ↑ Deutsche Börse, press release of July 16, 2002  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / deutsche-boerse.com  
  9. ↑ AWD Holding, media release of January 31, 2003 regarding the completed takeover of tecis Holding AG  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (offline)@1@ 2Template: Toter Link / www.awd-gruppe.de  
  10. ↑ tecis, Annual Report 2001  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 1.1 MB)@1@ 2Template: Toter Link / pb-eweb.vwd.de  
  11. ↑ Cash Online: Hit list of financial distributors: Almost three quarters of the distributors surveyed were able to increase their commission income. Retrieved July 28, 2020.
  12. ↑ Swiss Life: Press release: Survey shows: Germans felt more self-determined than before during the Corona lockdown , July 3, 2020 , accessed on August 18, 2020.
  13. ↑ Economy of Fairness. Book project for the 30th anniversary of tecis. In: 13 Agency for Advertising and Communication. August 31, 2016, accessed December 14, 2019 .
  14. ↑ tecis Finanzdienstleistungen AG: Guest at the tecis Investment Congress 2019. Friedrich Merz. In: YouTube. September 10, 2019, accessed December 14, 2019 .
  15. ↑ tecis Instagram account. Retrieved on July 21, 2020 (German).
  16. ↑ cri: Review "Die Abzocker". In: Frankfurter Allgemeine Zeitung. Frankfurter Allgemeine Zeitung GmbH, March 24, 2002, accessed on December 14, 2019 .
  17. ↑ Dyrk Scherff: financial sales at the university. They want your money. In: Frankfurter Allgemeine Zeitung. Frankfurter Allgemeine Zeitung GmbH, October 25, 2019, accessed on December 14, 2019 .
  18. ↑ Hartmut Walz: Strukkis at universities. How financial sales lure our children. In: After all, it's your money! Hartmut Walz, September 6, 2019, accessed on December 14, 2019 .
  19. ↑ We are looking for your story about financial sales to (universities) schools. In: Citizens' Movement Finanzwende. Finance Watch Germany. August 22, 2019, accessed December 14, 2019 .
  20. ↑ Focus Award: The best employers in Germany 2020. February 18, 2020, accessed on April 21, 2020 (German).