A professional financial service in which experts manage the assets (e.g., money, stocks, real estate) of private individuals or institutions. The goal is usually to preserve or increase capital.
example
Reiche Privatkunden überlassen die Anlage ihres Kapitals oft einer spezialisierten Vermögensverwaltung.
Wealthy private clients often entrust the investment of their capital to a specialized asset management firm.
Usage tips
Compound word
The word is a compound of 'das Vermögen' (assets, money, valuables), the linking '-s-', and 'die Verwaltung' (management/administration). So it literally describes the management of assets.
EXAMPLE
Eine gute Vermögensverwaltung kann helfen, das Kapital zu sichern.
Good asset management can help secure capital.
Register
'Vermögensverwaltung' (asset management) is a technical term from the world of finance and banking. It is used when talking about professional investment and the management of large assets.
EXAMPLE
Die Bank bietet eine digitale Vermögensverwaltung für kleinere Anlagebeträge an.
The bank offers digital asset management for smaller investment amounts.
Typical collocations
Common verbs in this context are 'eine Vermögensverwaltung beauftragen' (to hire an asset management firm) or to put one's money 'in die Hände einer Vermögensverwaltung' (in the hands of an asset management firm). The goal is often to 'erhalten' (preserve) or 'vermehren' (increase) the assets.
EXAMPLE
Er hat eine professionelle Vermögensverwaltung mit der Anlage seines Erbes beauftragt.
He hired a professional asset management firm to invest his inheritance.
Compare with
near_synonym · confusable
Vermögensverwaltung vs Treuhand
Treuhand / trust
'die Treuhand' and 'die Vermögensverwaltung' can both mean that someone looks after someone else's assets. However, 'die Treuhand' is a legal term: a person or institution acts in their own name, but for another person. 'die Vermögensverwaltung' fits better when experts professionally manage money, stocks, or real estate, often with the goal of preserving or increasing the assets. The words can be confused because both involve assets. 'Treuhand' emphasizes the legal relationship of trust, while 'Vermögensverwaltung' emphasizes financial management.
Vermögensverwaltung
Vor dem Termin informiert sich Herr Kaya über eine professionelle Vermögensverwaltung.
Before the appointment, Mr. Kaya finds out about professional asset management.
Treuhand
Zur Sicherheit wird der Betrag bis zum Termin über eine Treuhand verwaltet.
For security, the amount is managed through a trust until the appointment.