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Multi Family OfficeInvests through funds, not into companiesLAST VERIFIED Oct 2026 · 6 SOURCES

VERMÖGENSKULTUR AG

Independent Munich wealth manager and family office (BaFin-supervised); manages assets for private clients, families, foundations and institutions from €250k.

Identity

HEADQUARTERS
Munich, Germany
OUTSIDE CAPITAL
Yes — also manages others' money

Overview

VERMÖGENSKULTUR AG, Gesellschaft für Familienvermögen und Stiftungen (Amtsgericht München, HRB 189010), is an independent asset manager in Munich supervised by BaFin. Its core business is discretionary asset management for private clients, foundations and institutional investors, with multi-asset mandates from €250,000 (foundations from €1m). It also acts as a family office for wealth-owning families, covering planning and investment decisions across generations. The management board is Stephan Simon and Marco Markgraf; Susanne Porsche sits on the supervisory board.

People

  • Stephan Simon
    Management Board (Vorstand) and Portfolio Manager · source
  • Christian Stöhr
    Head of Portfolio Management and Foundation Advisor · source
  • Moritz Holstermann
    Portfolio Manager · source
  • Roland Müller
    Portfolio Manager · source
  • Karl Huber
    Portfolio Manager · source
  • Marco Markgraf
    Management Board (Vorstand) and Head of Foundation Advisory · source
  • Susanne Porsche
    Supervisory Board · source
  • Ralf Elender
    Supervisory Board · source
  • Roland Hötzl
    Supervisory Board · source
  • Klaus Hella
    Head of Wealth Advisory (Prokurist) · source
  • Stefan Eberlein
    Wealth Advisor (Prokurist) · source
  • Susanne Kindl
    Family Office · source
  • Bettina König
    Wealth Advisor · source

Frequently asked questions

VERMÖGENSKULTUR AG is a multi family office based in Munich, Germany.

VERMÖGENSKULTUR AG does not publicly state whether it puts its own money into companies or invests through funds.

Key people at VERMÖGENSKULTUR AG include Stephan Simon (Management Board (Vorstand) and Portfolio Manager), Marco Markgraf (Management Board (Vorstand) and Head of Foundation Advisory), Susanne Porsche (Supervisory Board) and Ralf Elender (Supervisory Board).

Yes. VERMÖGENSKULTUR AG manages capital from outside investors.