VZ VermögensZentrum opens branch in Dusseldorf

Zurich, (PresseBox) - In Germany, demand for independent advice on retirement planning, investment, wealth management and estate planning is on the rise. Therefore, VZ VermögensZentrum is opening an additional branch in Dusseldorf. The success of the branches in Munich, Frankfurt and Nuremberg proves that geographic proximity to potential customers is a key advantage.

Dusseldorf is located at the heart of a thriving European economic area. The trade fair city is an important banking centre and headquarters a large number of industrial and service enterprises. High per capita income and wealth as well as the growing population add to the location's attractiveness. Michael Huber, Head of VZ Frankfurt, will manage the new branch office together with Oz Güven, a long-time employee at VZ Germany's headquarter in Munich.

Forward-looking statements

This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to up-date forwardlooking statements or to adapt them to future events or developments.

VZ VermögensZentrum AG

VZ Group is an independent Swiss financial service company listed on the SWX Swiss Exchange since March 2007. The company specialises in the areas of retirement planning and portfolio management for individuals as well as in insurance and pension fund management for companies. The services are focused on wealthy private clients aged 55 or older and on corporate clients with more than 20 employees. VZ does not sell any financial products of its own and is not a product broker. Instead, it is financed by consulting fees and management fees.

As at 30 June 2010, VZ managed client assets in the amount of 7.2 billion Swiss francs and annual insurance premium in the amount of 257 million Swiss francs. The group employs some 500 people. VZ is headquartered in Zurich and has branches in Aarau, Baden, Basel, Bern, Geneva, Horgen, Lausanne, Lucerne, Liestal, Neuchâtel, Rapperswil, Schaffhausen, St. Gallen, Thun, Winterthur and Zug as well as in Munich, Frankfurt and Nuremberg.

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