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OVB Holding
OVB Holding

Financial services / Financial consulting

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
The OVB Holding company is a Swiss-based financial consulting firm that specializes in offering financial products and services to individuals and families across Europe. The company was founded in 1970 and is headquartered in Cologne, Germany. OVB operates in 15 European countries and has over 5,000 full-time employees. The company’s core services include financial consulting, financial product sales, and asset management. OVB’s mission is to provide tailored financial solutions to its clients based on their individual needs and goals.
The company is listed on the Frankfurt Stock Exchange and has a strong financial standing, with a revenue of over €700 million in 2020. OVB has received various accolades and awards throughout its history, including being named Best Insurance Company by Focus Money magazine for the past 14 consecutive years.
OVB’s success and growth can be attributed to its commitment to customer satisfaction and personalized financial advice. The company works with a network of 100,000 agents to ensure that its clients receive the highest level of service and support. OVB also takes pride in its ethical business practices and compliance with all legal and regulatory requirements.
In addition to its financial services, OVB is also committed to corporate social responsibility. The company supports various social and humanitarian projects through its OVB Foundation, which focuses on promoting education, health, and social welfare in developing countries.
Overall, OVB Holding is a well-established and reputable financial consulting firm with a strong track record of providing quality services to its clients. With its experienced team, wide range of financial products, and strong global presence, OVB is well-positioned to continue its growth and success in the future.
What is special about the company?
1. Diverse Industry Presence: OVB Holding has a strong presence in various industries such as finance, insurance, and real estate. This diversification allows the company to mitigate risks and tap into multiple revenue streams.
2. European Market Leader: OVB Holding is the leading financial services provider in Europe with a presence in 15 countries. Its extensive market coverage gives the company a competitive edge over its peers.
3. Strong Brand: OVB Holding has a strong brand reputation built over several decades of operation. The company is known for its high-quality financial products and services, which has helped to build trust and loyalty among its customers.
4. Client Centric Approach: OVB Holding follows a client-centric approach and focuses on providing personalized solutions to individual clients. This strategy has helped the company build long-term relationships with its customers and has aided in customer retention.
5. Innovative Products and Services: OVB Holding constantly introduces new and innovative products and services to cater to the changing needs of its customers. This approach has helped the company stay ahead of the competition and attract new customers.
6. Strong Financial Performance: OVB Holding has a strong financial track record, with consistent revenue growth and profitability. This stability provides assurance to investors and stakeholders and helps in building a positive image for the company.
7. Corporate Social Responsibility: OVB Holding actively participates in various social, environmental, and community projects, showcasing its commitment to corporate social responsibility. This has not only helped create a positive image but also contributed to building a better society.
8. Focus on Employee Development: OVB Holding places great emphasis on employee development and provides its employees with numerous training and development opportunities. This approach has resulted in a highly skilled and motivated workforce, which is crucial for the success of any company.
What the company's business model?
OVB Holding AG is a financial services company that operates as a multi-level sales organization. It provides consulting and financial planning services for private households and small and medium-sized enterprises primarily in Europe.
The company’s business model is based on a network of independent financial advisors who act as intermediaries between clients and financial product providers. These advisors offer various financial products such as insurance, investment, and retirement solutions from a wide range of providers.
OVB Holding earns revenues from commissions and fees paid by the financial product providers for sales made by their advisors. They also generate income from annual service fees paid by clients for ongoing financial advice and support.
The company’s key operational focus is on continuously expanding its network of advisors, increasing sales, and developing long-term relationships with clients. OVB Holding’s business model is designed to leverage the expertise and efforts of its network of advisors to provide personalized and tailored financial solutions to clients while maintaining a profitable and sustainable business.
Interesting facts about the company
- OVB Holding SE is an international financial services group headquartered in Cologne, Germany.
- The company was founded in 1970 by 10 German financial advisors and originally operated under the name Organisationszentrale für Vermittlerbetreuung (Organization center for broker support).
- OVB’s first branch office was established in Augsburg, Germany, and the company has expanded globally to over 15 countries, including many European countries, Mexico, and China.
- OVB Holding SE is listed on the Frankfurt Stock Exchange and is one of the leading financial advisory companies in Europe.
- The company’s business model focuses on the provision of comprehensive financial planning and consulting services, as well as the sale of a wide range of financial products, including insurance, banking and investment products.
- In 2020, OVB had over 4.3 million clients and a sales force of approximately 5,200 full-time and part-time financial advisors.
- OVB Holding SE has received many awards and recognitions for its outstanding customer service and financial products, including the Best Financial Advisor award by Euro am Sonntag and the German Institute for Service Quality.
- The company is also known for its social responsibility initiatives, including its Education for Children project, which provides financial support for education and training for children in need.
- OVB Holding SE has been growing steadily and has reported continuous increases in revenue and profit over the years.
- The current CEO of OVB Holding SE is Mario Freis.
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