Founded in 1933 by Walter Ludwig, the company operates as a BaFin-regulated securities trading bank based in Düsseldorf, Germany. It is a traditional, owner-managed institution that prides itself on independence and specialized expertise. The core business revolves around trading fixed-income securities (bonds) for institutional clients such as banks, insurance companies, and funds. Additionally, the bank provides equity brokerage services and tailored asset management for private and institutional clients, emphasizing a conservative and value-oriented investment philosophy.

Founded in

Germany