Leadership Without Authority: Why Structure Is the Real Lever in Volunteer Work

Leadership without authority, often referred to as lateral leadership, is considered the ultimate discipline of management. Whether in matrix organizations, agile project teams, or volunteer work, anyone who has to deliver results without being able to issue “orders” needs more than just diplomatic skill. They need a deep understanding of the framework in which collaboration […]

Robo-advisor returns under scrutiny – Why performance is no guarantee in a crisis

Why it matters now The robo-advisor return is the sharpest sword in the competition for market share in digital asset management. After the industry benefited for years from an almost unprecedented bull market, the interest rate turnaround corrections and the volatility of 2023 to 2025 have radically changed the playing field. For board members and […]

Actively managed funds vs. ETFs – How hybrid strategies and AI are rearranging the asset management hierarchy

Why it matters now The decision Actively managed funds vs. ETF has evolved from a pure product choice to a fundamental strategic decision for the profitability of financial institutions. While robo-advisors (RAs) have scaled this conflict through cost-effective passive solutions, we are currently experiencing a convergence: The massive rise of active ETFs combines the flexibility […]

Subscription Rights in the Event of a Capital Increase

The topic of “subscription rights in the event of a capital increase” may seem complex at first glance, but it is a central aspect of stock corporation law and is important for every shareholder. In this article, we will take a closer look at the concept of subscription rights and explore their role in the […]

The Future Technology of Finance: Financial Cloud

The Future Technology of Finance: Financial Cloud On 27.11.2023, Lars Laakmann, my former student, Assistant Manager at KPMG AG Wirtschaftsprüfungsgesellschaft will give a guest lecture on Financial Cloud for which you can register here. In short: “Financial Cloud” is one of the trending topics in the financial industry today. The technology offers institutes many opportunities […]

The Dream and Financial Reality of Home Ownership

For many people, owning a home is an important part of personal financial planning. It is an investment in the future and offers the opportunity for long-term wealth accumulation. However, before deciding to buy a home, you should carefully examine your financial situation. A home can quickly become a major financial burden if you are […]