Imprint and provider identification
HiBrook financial advisors GmbH
Tower 185 | Friedrich-Ebert-Anlage 35-37
60185 Frankfurt am Main
+49 69 505 0474 – 27 (tel)
+49 69 505 0474 – 50 (fax)
Dr. Christoph Püntmann
HRB 6512 (Fulda Local Court)
VAT identification number
Provider of the internet presence in the sense of § 5 Telemediengesetz (TMG)
HiBrook ﬁnancial advisors GmbH
IStock, Fotolia, PresentationLoad, own photos
Disclosures pursuant to § 16 InstitutsVergV
As a financial services company, HiBrook ﬁnancial advisors GmbH is subject to “Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and securitiesﬁrms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27. 6.2013, p. 338) and adapting supervisory law to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and securitiesﬁrms and amending Regulation (EU) No 646/2012 (OJ L 176, 27.6.2013, p. 1)’ and the ‘Regulation on the prudential requirements for remuneration systems of institutions’ transposing this Directive into German law. This regulation distinguishes between simple and significant institutions. Since the balance sheet total of HiBrook ﬁnancial advisors GmbH has neither reached nor exceeded the amount of 15 billion euros in the last three financial years (according to §1 para. 2 in conjunction with § 17 para. 1 InstitutsVergV), and none of the facts of § 17 para. 2 apply to us, HiBrook ﬁnancial advisors GmbH is not yet considered to be a “significant enterprise” in the sense of this regulation.
Nevertheless, HiBrook ﬁnancial advisors GmbH is obliged under Section 16 of this Ordinance to publish information on its website about the structure of the remuneration systems and the total amount of all remuneration. The remuneration of the managing directors and other employees comprises ﬁxes and variable components. The distribution between the components takes into account, on the one hand, the interest of both the employees and the company in providing the employees with calculable payments and, on the other hand, is influenced by the consideration of involving the employees in the success of the company and creating a high incentive for long-term successful activity through variable remuneration elements. Depending on the ﬁnancial situation of the institute, the variable remuneration can be reduced to zero.
Information on the total amount of all remuneration and on the proportions of ﬁxer and variable components allows concrete conclusions to be drawn about the remuneration of individual employees given the current size of the company, so for the time being, in consideration of the Pﬂicht of the company to protect the privacy of the employees, concrete details are not being provided.