This report gives an overview of the market for financial advice in Germany. It gives competitor numbers by firms and individuals, how much they sell of which products, and what opportunities the market presents to product providers going forward.

Scope

Analyzes the market for financial advice in Germany, including types of advisers, key products and leading associations Encompasses both the German financial advice market and the wider issues affecting Europe as a whole Contains detailed competitor information and analysis of current issues and opportunities Offers a comprehensive evaluation of the key players in the market and the potential for growth

Highlights

The financial advisory distribution channel in Germany is very large but truly independent advice is still marginal. There are currently around 500,000 financial intermediaries in the German market, most of whom are single-tied. The European Commission has introduced a number of regulatory reforms affecting financial services in the EU. IMD and MiFiD regulation are likely to have a profound impact on the German financial advice channel. The top four competitors in the German market are DVAG, AWD, MLP and OVB, holding 75% of the financial advice market there. The total revenue of these four players amounted to more than EUR2.1bn in 2005.

Reasons to Purchase

Gain a comprehensive understanding of the size and scope of the German financial advice market Obtain detailed and invaluable analysis of the competitive landscape and potential for market entry Assess the importance of this channel for distribution strategies going forward