Our aim is to fulfill the expectations of a family as individually as a single family office. Our aim is to fulfill the expectations of a family as individually as a single family office.
Our aim is to fulfill the expectations of a family as individually as a single family office.

Welcome

Although they represent high living standards, large family assets also pose difficult challenges. They comprise a wide range of different asset classes. The preservation and accumulation of assets over generations is no easy task and requires diverse services, sound knowledge and objective advice.

Marcard, Stein & Co provides the full range of family office services required to comprehensively manage highly diversified family assets. Based on two important characteristics we differentiate clearly from other participants on the German market: Marcard, Stein & Co is the only private bank to focus its expertise entirely on its core business as a family office.

Moreover, Marcard, Stein & Co holds a full banking licence. Thus we are part of the in-depth control systems of a bank in the German banking system and we can also provide you with the full range of products and services of a bank.

We fulfill the highest requirements.
"As a family office bank, we provide our clients with all family office services with the reliability of a bank that meets all supervisory and regulatory requirements, including comprehensive standards of process quality and risk management."
Thomas R. Fischer, Speaker of the Board of Directors

As speaker of the board, Thomas R. Fischer has successfully steered Marcard, Stein & Co for more than 25 years. He started his career at Marcard, Stein & Co as Chief Operating Officer. Appointed to Spokesman of the Board in 1998, he continued to build the business in the tradition of decent Hanseatic merchants and to establish it as a reliable partner for numerous entrepreneurs and their families. With his long-lasting experience as family officer and his personal responsibility for our firm, Mr. Fischer plays an important role for successful and long-term relationships with our clients.

Mr. Fischer is supported by Mr. Thomas Borghardt who joined the board in 2013. For more than 17 years, Mr. Borghardt has served in various responsible positions as advisor to wealthy families with medium-sized family businesses. Prior to joining Marcard, Stein & Co, Mr. Borghardt was chief representative of a family office in Southern Germany. The board members at Marcard, Stein & Co have thus gathered more than 40 years of experience in working with entrepreneurs and their families and in solving their special issues.

We welcome you on our homepage.

Thomas R. Fischer & Thomas Borghardt

Our Services for your individual Family Office

The experience of over 220 years of history has taught us that a uniform, conservative investment philosophy geared towards value preservation is the basis for the preservation of wealth and lasting prosperity.
The head of the family must ask himself in what legal structure the family wealth can be preserved for generations to come. A key influencing factor here is also the development and safeguarding of a family culture that is consistently committed to the preservation of family wealth over generations.
When determining the strategic asset allocation for the total assets, we combine the wishes and objectives of our clients with our experience of how risks can be avoided and returns secured in the long term.
Tax and legal structuring issues are worked out by our experienced family officers for the family's individual issues and solutions are proposed. These are implemented in collaboration with the relevant experts from the legal and tax law professions required depending on the issue at hand.
A family office must enable family members to have personal contact and direct contact with decision-makers and experts from the business world.
In the area of capital markets, we assume responsibility for the tactical allocation of our clients. This includes controlling and managing the asset managers as well as the portfolios and mandates managed by the client themselves, for which we receive the autonomous management mandate if there is no adequate provider on the market.
Our real estate management team was established over ten years ago and manages our clients' physical and fund-based real estate portfolios. Our services cover the entire real estate management spectrum, from strategy, control and operational implementation of real estate asset management to owner representation and all control and reporting functions.
We support our clients' investments across the entire spectrum from private equity to direct entrepreneurial participation. Our expertise is characterized by successfully completed individual projects in which we have played the key role between the various internal and external teams of experts in order to protect the interests of the asset owners in the best possible way.
The aim of our investment process is to diversify the structure of the total assets as broadly as possible so that the assets have an optimized risk/return ratio and also perform consistently in the context of various scenarios.
A prerequisite for any good decision is to make it on the basis of up-to-date information. This is why we have developed a highly sophisticated reporting and controlling system. It ensures that if a decision needs to be made, all the relevant information is available without any particular delay.
Regularly analysing the economic environment is an important contribution by the experts in our Investment Office in order to derive the key implications for strategic and tactical asset allocation.
Knowing your assets are in good hands is one thing. In addition, knowing that you are in good hands with us with any other questions is another.

What sets us apart as a Family Office

Our Vision of a Family Office

To consider, correlate and manage all asset classes – and to see all transactions and decisions as part of a big picture instead of taking isolated steps driven by transactions: this is how Marcard, Stein & Co operates a family office.

Overview of our Services

With our advice and support we aim to align the financial interest of our clients as closely as possible with the legal and tax limitations on their assets.

Expertise

Marcard, Stein & Co provides the client with specialists for all asset classes to meet any need within the family office mandate. For the typically highly individual topics exclusive expert teams develop sophisticated client solutions.

History

The history of the bank started in 1790. With a proud tradition of private banking dating back more than 220 years, as the only private bank in Germany Marcard, Stein & Co has been focusing exclusively on its core family office business since 1999 and combines these services with the benefits of a fully licensed private bank.

Careers

Our family officers have in total more than 250 years of professional consulting experience. They are generalists with many years of professional experience. We rely on a diverse range of academic backgrounds to ensure individual client support in all relevant aspects.

Further Topics at a Glance

A family office can be an ideal partner and support you and your family on many levels.
Any form of intensive cooperation requires mutual understanding at the level of shared values.
Our clients are looking for support with very different issues. Independent advice and moderating support can be useful here.
With our comprehensive range of advisory services, we can meet the challenging task of safeguarding larger assets over several generations.
We will be happy to take the time to provide you with more detailed and individual information and answer all your questions in a personal meeting.