Deutsche Bank restructures its wealth management division to prioritize client attention.
Deutsche Bank has announced a significant reorganization of its wealth management division in Germany, aiming to modernize client services, enhance operational efficiency, and strengthen market leadership. The strategic move focuses on digital innovation and integrated advisory capabilities.
Key elements of the strategy include a unified structure, the creation of a "Wealth Planning Germany" division, regional clusters for localized service, a digital-first advisory approach, and strategic positioning for growth.
By merging previously separate wealth management units that served affluent and high-net-worth (HNW) clients into a single, consolidated division, Deutsche Bank aims to reduce redundancies and management layers, leading to a more agile and client-centric organization.
The new "Wealth Planning Germany" division will focus on addressing complex client needs by combining advice on private wealth and corporate assets, offering holistic financial strategies tailored to entrepreneurial families. This integration will enable Deutsche Bank to synchronize wealth management, estate planning, and corporate financing.
The division will be organized into six regional clusters, each led by senior managers, to deepen local client relationships and enable tailored advisory solutions suited to regional market characteristics. This model mirrors Deutsche Bank’s successful approach in corporate banking and aims to boost responsiveness and collaboration.
Deutsche Bank is investing significantly in digital platforms to meet the expectations of tech-savvy clients and deliver personalized advice via both in-person and digital channels. This modernization supports scalability, precision targeting, and enhanced client experience, helping the bank to out-grow the market and increase market share.
Lisa-Marie Wohrle, who joins Deutsche Bank from UBS where she served as head of Wealth Planning Germany, will lead the new division. She will report to Corrado Palmieri, head of advisory and sales wealth management Germany. Wohrle's team will strengthen Deutsche Bank’s claim to holistic advice and offering solutions for handing over assets to the next generation.
Naveed Arshad, previously at Hauck Aufhauser Lampe, will focus on delivering digital solutions for wealth management clients. Deutsche Bank is also expanding its team for high-net-worth clients with entrepreneurial assets, led by Stefanie Ruhl-Hoffmann, with plans to double the number of advisors due to strong client demand.
The consolidation will streamline operations by reducing management layers, while the new structure will facilitate holistic advice covering both private and business assets for entrepreneurial families. Nasim Amini, previously with HypoVereinsbank and Commerzbank, will join Deutsche Bank in January 2026 as head of the Southern region.
In May this year, Deutsche Bank obtained a financial services licence from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM), allowing it to conduct key regulated activities in the international financial hub. This expansion reflects Deutsche Bank’s aim to combine efficiency, innovation, and comprehensive service offerings to capture growth opportunities in Germany’s competitive wealth management market while delivering tailored, integrated solutions to its clients.
- Deutsche Bank is investing in AI and digital platforms to deliver personalized advice for wealth management, aiming to enhance client experience, scalability, and precision targeting.
- The new "Wealth Planning Germany" division, led by Lisa-Marie Wohrle, will offer holistic financial strategies that combine advice on private wealth, corporate assets, wealth management, estate planning, and corporate financing.
- To boost local responsiveness and collaboration, the "Wealth Planning Germany" division will be organized into six regional clusters using a model mirroring Deutsche Bank’s successful approach in corporate banking.
