Scalable Capital is an independent securities institution with the regulatory permission of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht- BaFin) to provide securities services pursuant to section 15 of the Investment Firm Act (Wertpapierinstitutsgesetz - WpIG). Scalable Capital offers in particular the service of contract brokerage ("brokerage"). We are subject to supervision by the BaFin and the German Federal Bank (Deutsche Bundesbank).
BlackRock (Netherlands) B.V. is (indirectly) a minority shareholder in the parent company of the securities institution. In the context of wealth management, Scalable Capital makes the selection of ETFs for the investment universe as an operational decision exclusively on the basis of objective criteria aligned with client interests. There are therefore no economic incentives to favour certain ETFs, whether from BlackRock or another provider.
BlackRock (Netherlands) B.V. is (indirectly) a minority shareholder in the parent company of the securities institution. In the context of wealth management, Scalable Capital makes the selection of ETFs for the investment universe as an operational decision exclusively on the basis of objective criteria aligned with client interests. There are therefore no economic incentives to favour certain ETFs, whether from BlackRock or another provider.