Swiss Life Select

Swiss Life Select Deutschland GmbH, headquartered in Hanover, is a financial advisory firm offering consultation in insurance, investment and real estate matters.[1]

Swiss Life Select
TypePublic
Founded1988
HeadquartersHannover

It was initially created under the name AWD Holding by Carsten Maschmeyer and acquired in 2007 by Swiss Life.[2] Via Swiss Life Deutschland Holding, Swiss Life Select is a wholly owned subsidiary of the listed Swiss financial advisory and insurance group Swiss Life.

Key figures

Swiss Life Select does not publish separate financial figures, but is included in the consolidated financial statements of Swiss Life Deutschland Holding. In the consolidated financial statements of Swiss Life Deutschland Holding, the four financial distributors Swiss Life Select Deutschland, tecis, HORBACH and Proventus generated sales of 385.5 million euros in the 2018 financial year.[3] The number of consultants on December 31, 2017, is reported as 3538 consultants licensed under commercial law.[4] Around 750 permanent employees currently working at the Hanover location, the back office for all sales.[5]

History

The AWD company was founded in 1987. There is a popular belief that Carsten Maschmeyer founded the company alone, together with his later wife Bettina or her brother Kai Lange, but the official founder was Kai Lange, alone or with his girlfriend Ulrike Schröter.[6][7]

References
  1. Corporate purpose according to Handelsregister beim Amtsgericht Hannover HRB 55324 (in German). 28 July 2015. Retrieved 26 August 2020.
  2. Reuters staff (3 December 2007). "Swiss Life to buy German AWD in $1.7 bln deal". Reuters.com. {{cite web}}: |last= has generic name (help)
  3. Cash.-Hitliste der Finanzvertriebe 07/2019
  4. Bundesanzeiger (Konzernabschluss zum Geschäftsjahr vom 01.01.2017 bis zum 31.12.2017 der Swiss Life Deutschland Holding GmbH)
  5. life PR: Vorsorge-Report: Frauen sorgen seltener fürs Alter vor, aber dafür immer früher, 15 July 2021, retrieved 19 July 2021.
  6. Albrecht Scheuermann: Finanzmakler: Jörg Jacob wechselt von AWD zu Formaxx. In: haz.de, 17 August 2009. Retrieved 26 December 2011.
  7. Michael Fröhlingsdorf, Markus Grill, Christoph Schwennicke (2011-03-05), "GELD: Mitten im größten Geldklumpen", Der Spiegel (in German), vol. 10, retrieved 2018-01-15{{citation}}: CS1 maint: multiple names: authors list (link)
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