“If you look in the mirror and it’s not Warren Buffet, that you see, then invest in index funds.”
– Caroline Bell, COO FinMarie
This is how your money is invested with FinMarie & Growney
Try it out
If you try out the Growney investment tool with a test account, you can try different risk profiles and investment strategies for free and without any commitment. It quickly becomes clear what you really feel comfortable with in reality.Try now, obligation free
Good to know
An individual investment strategy that is tailored to your financial possibilities and your life situation, simply and with a fair price/performance ratio.
There is no easier way to invest.
The small but important difference: transaction costs and fees.
According to Growney, the main difference is not so much the investment products and their performance, but above all the small but subtle difference in fees. And with a total investment of € 200,000, it tends to add up to a decent 5-digit number.
Our tech partner Growney offers a “Robo Advisor” – one of the best available on the market.
The idea behind Growney:
“The company wants to use new technologies and a brilliant economic research concept to create investments that are easier, cheaper and more profitable than anything you can get from your bank. And we want to make it accessible to everyone. To do this, we forego unnecessary costs as well as the usual highly speculative investment strategies such as performance chasing, stock picking or market timing and fully rely on the logic of science. The result is a better risk-return ratio than with most other forms of investment. And: more calmness among our investors.“
“Risk comes from not knowing what you’re doing.”
– Warren Buffet
Security for your Money:
At FinMarie first
- FinMarie is subordinate to the Federal Financial Supervisory Authority and is audited according to KWG §34f trade regulations and approved as a financial asset broker.
- Your investment account is managed through Sutor Bank in accordance with German banking law. In the unlikely event of bankruptcy of the bank or FinMarie GmbH, your money is protected accordingly.
- Your investment account is yours. It can only be accessed by you.
- The asset manager Growney may only buy and sell funds under the investment guidelines.
Your FinMarie Founders
Karoline Decker & Caroline Bell
Security with strong Partners
To ensure the security of your money, we have chosen strong partners. Sutor Bank has been an independent private bank since 1921, a member of the deposit guarantee fund of the Federal Association of German Banks and has been recognized for the 8th time in a row by n-tv and Focus Money as “Outstanding Asset Management”.
For whom is the combination FinMarie + Growney suitable?
Growney is the right choice for all FinMarie customers who want to administer and invest their money
Our Fair Service Fees
The basis of calculation for your service fee is always the sum of your
Investment account. When a limit is exceeded, the new one
fee level is applied to the total investment amount.
Regular Savings Plan
Free Withdrawals at any time
Ability to change investment objectives
Personal Financial Adviser
500€ - 50.000€
*Including custody account and account management, order fees, fund selection, and monitoring, tax optimization, detailed reports on performance, customer service via telephone, e-mail and chat, user-friendly web application by Robo Advisor.
*The annual costs of the ETFs included in our investment strategies are between 0.16% and 0.23% p. a. and are deducted directly from the fund’s assets by the ETF provider. This is significantly cheaper than the average investment fund fee of 1.86% p. a. Germany and directly contributes to a higher return. growney has no influence on these fees.
An example of the total annual fee
What requirements must be met with FinMarie & Growney Investments
Currently, investment accounts can only be opened for natural individuals - so you as a private person create one for yourself. European citizens residing in Germany and with a German tax identification number can also become customers. Accounts for children are not yet available. Powers of attorney can, however, be issued after the depository has been opened.
How does PostIdent work?
Identification is carried out quickly and easily using the POSTIDENT procedure of Deutsche Post. Here you can easily identify yourself from home via online video chat, in your local post office or via the nPA (new identity card with activated eID function)
Can I open a joint account at growney?
Yes, there is the possibility to open a joint account at growney. If you are married, you can also use the growney online portal to lodge a joint Freistellungsauftrag. However, please contact growney before completing the investment contract to open a joint account. Growney will then contact the SutorBank.
Which bank is used to create the investment account?
Your account will be set up at our partner bank, the Sutor Bank in Hamburg, or in cooperation with Vividam at ebase in Munich.
Do I have to pay an additional deposit and account management fees?
No, these are already included in the service fee (see fee table).
Is a Power of Attorney on my investment account possible?
Yes, Powers of Attorney can be granted after the opening of the investment account. You will either be provided with forms (see the proxy form of Sutor Bank) or you can contact us and send us the necessary documents.
I live outside of Germany, can I still invest?
If you have a bank account in Germany, Belgium, France, Finland, United Kingdom of Great Britain, Italy, the Netherlands, Austria, Poland or in Switzerland, you can open an investment account as normal. This is not possible if you live in Bulgaria, Denmark, Estonia, Greece, Ireland, Croatia, Latvia, Lithuania, Luxembourg, Malta, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Czech Republic , Hungary or Cyprus. In this case, you should open a current account in Germany and enter this as a reference account with growney.