Zug firm buys four German WMs in DACH consolidation plan

Cinerius Financial Partners has acquired majority stakes in four German wealth management firms, the company announced on Wednesday. As a result KSW Vermögensverwaltung (Nürnberg), BV & P Vermögen (Kempten/Allgäu and München), Habbel, Pohlig & Partner Vermögensverwaltung (Wiesbaden) and Ringelstein & Partner Vermögensbetreuung (Essen), will operate under the holding company Cinerius…