“Even today, watching a video about Fineco’s history, I still get emotional. Because I’m proud of the path that we’ve taken, at times with significant obstacles to overcome. From the start I believed that this bank could grow and become great. Today, it’s one of the most important FinTechs in Europe, listed on the FTSE MIB, among the top advisory networks and the number one online broker in Europe.
We were among the first to glimpse a major disruption on the digital horizon. And we have made this the focus of our journey, launching our online brokerage, combining it with banking modelled on the real day-to-day needs of customers, and finally completing the business model with a network of financial advisors that is among the most important in Italy, which has allowed us to quickly establish ourselves at the top of the consulting and private banking sector. We also looked beyond our borders, exporting our model abroad, and there are still many avenues waiting to be explored. Fineco continues to evolve together with the changing world, promoting sustainable growth for the benefit of all our stakeholders. This is the path we have charted since the bank's inception and that we will continue to follow. Drawing on our past experience, but looking forward to a future that is still full of great opportunities”.
Alessandro Foti, Chief Executive Officer and General Manager FinecoBank
FinecoBank is one of the most important FinTech banks in Europe. Listed on the FTSE MIB, Fineco offers a unique business model in Europe, combining the best platforms with an extensive network of financial advisors. It offers banking, credit, trading and investment services from a single account through transactional and advisory platforms developed with proprietary technologies.
Fintech DNA: strong focus on IT & Operations, more flexibility, lower costs.
Quality offer for happy and satisfied clients.
Fairness, respect for all our Stakeholders and zero performance fees.
Fineco's key figures
Dati al 31 Dicembre 2023
122,6 mld €
Total Financial Assets
56 mld €
Assets in Private banking
8,8 mld €
Source: CS - Risultati FY2023
609,1 mln €
Net profit adjusted*
NSFR - Net Stable Funding Ratio
LCR - Liquidity Coverage Ratio
Personal Financial Advisors
* Net profit adjusted for non-recurring items
** Source: KANTAR Italia November 2023
Source: CS - Risultati FY23
A pioneering business model
“Fineco has a highly diversified and well-balanced business model that combines the best technology platform with a vast network of financial advisors. A model that, precisely for this reason, we have called ‘cyborg advisory’ to represent a bank with a very significant presence both in the construction and management of algorithms and quantitative metrics behind portfolio construction, and in the relationship with the client, through the human presence of the financial advisors.
The future will increasingly demand a combination of a powerful technological base that facilitates portfolio management combined with the interpersonal skills of a financial advisor prepared to interact with clients. In my opinion this will be the evolution of the entire asset management industry”.
Paolo Di Grazia, Deputy General Manager and Head of Global Business FinecoBank