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Segura & Jesberger
Segura & Jesberger was founded in Frankfurt in 2016 by Thomas Segura and Markus Jesberger, both former managing directors of BHF-Bank's Frankfurt Family...
Segura & Jesberger
Segura & Jesberger was founded in Frankfurt in 2016 by Thomas Segura and Markus Jesberger, both former managing directors of BHF-Bank's Frankfurt Family Office. Their professional lineage anchors the firm's network and advisory posture; both partners spent years structuring multi-asset mandates for wealthy European families inside a private bank before spinning out to create an independent platform. The wealth backing the firm traces to the founders' own careers in financial services, though the families they serve are undisclosed. The firm's investment strategy is a multi-asset oversight model, not direct management. Asset classes under coordination include global equities, fixed income, real estate, private credit and hedge fund allocations — accessed exclusively through external managers. Geographic coverage spans Europe, North America and Asia. Segura & Jesberger does not manufacture products or run a proprietary asset management arm; instead, it selects international portfolio managers based on verifiable long-term track records in allocation and security selection, then enforces cost and risk controls across the consolidated portfolio. Explicitly excluded from client mandates are derivatives, structured products, cryptocurrencies and closed-end funds, which the firm views as incompatible with long-term wealth preservation. With twelve professionals listed on its team page, the firm maintains a lean cost structure to keep client fees low. Two working students supplement a core group handling reporting, controlling, client service and research. The firm owns Villa Manskopf, a commercial property at Flughafenstraße 4 in Frankfurt, and offers specialist reporting for classic car portfolios alongside standard multi-asset coverage. In the 2024–2025 period, the firm continued to operate from its sole Frankfurt headquarters, emphasizing its partnership-only governance — no outside shareholders dilute the two founders' decision-making authority. The structural differentiator is a dual lock on conflicts: Segura & Jesberger's own partner-only ownership eliminates shareholder pressure, while a binding contractual prohibition on accepting any third-party compensation removes the distribution incentives that shape advice at most banks and many family office platforms. This governance architecture, combined with a refusal to run internal investment products, positions the firm as a pure fiduciary monitor rather than a product distributor — a distinction it makes explicitly versus the private-banking world from which its founders came.
General information
Firm type
Multi Family Office
Year founded
2016
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Frankfurt am Main
Corporate office
Frankfurt am Main, Germany
Principals
Thomas Segura
CEO and Managing Partner
Markus Jesberger
Managing Partner
Andreas Burr
Prokurist and Client Advisor
Sector focus
Frequently asked questions
Who runs investment decisions at Segura & Jesberger?
Thomas Segura and Markus Jesberger, the firm's two managing partners and sole shareholders, jointly run all client-facing and investment oversight functions. They are supported by Andreas Burr, a Prokurist and client advisor who joined from DekaBank Private Banking. The firm's governance is deliberately flat: there are no additional partners, no external shareholders, and no separate investment committee beyond the two founders.
How does Segura & Jesberger source the external managers it uses?
The firm relies on its founders' professional networks, built during their tenures managing the Frankfurt Family Office at BHF-Bank. Manager selection is grounded in multi-year track record analysis of both allocation and individual security selection. Segura & Jesberger has stated publicly that it evaluates international portfolio managers using only qualitative performance criteria, with no commercial or distribution relationship influencing the pool of candidates.
Does Segura & Jesberger run its own investment products?
No. The firm does not operate an internal asset management business, nor does it manufacture structured products, funds, or proprietary investment vehicles. This product independence — reinforced by a contractual ban on accepting any third-party compensation — is the central feature of its claimed neutrality and distinguishes it from many bank-affiliated family offices.
What investment stages or vehicle types does the firm use?
Segura & Jesberger deploys client capital across liquid and semi-liquid multi-asset mandates, accessing markets through external institutional funds and separately managed accounts. The firm does not participate in direct startup venture, early-stage private equity, or club deals; its structured exclusion of illiquid closed-end funds signals a preference for manager-led vehicles with greater transparency and liquidity terms.
Which sectors or asset classes does Segura & Jesberger explicitly avoid?
The firm publicly states it avoids derivatives, structured products, cryptocurrencies, and closed-end funds, all of which it deems incompatible with long-term capital preservation. On client request, it will provide risk analysis of these instruments, but it will not include them in strategic asset allocations. This blacklist is published directly on its website as a statement of investment philosophy.
How is Segura & Jesberger compensated, and what conflicts does that remove?
The firm operates on a fixed-fee basis only. Its partnership agreement contractually prohibits the acceptance of any form of payment, retrocession, or distribution fee from third parties. Combined with the absence of proprietary products, this structure eliminates the two most common sources of advisor conflict in European private banking: trailing commissions and internal product-push incentives.
Where does the underlying wealth of Segura & Jesberger's client families originate?
The firm has not publicly disclosed the specific wealth origins of its client families, which are described only as entrepreneurial families and institutions. The founding partners' own wealth stems from long careers in private banking and family office management at BHF-Bank and related European institutions, not from an operating business exit or inherited family fortune.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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