Trade Republic Transitions to Wealth Management with New Private Markets Offering

Trade Republic, a major European savings platform, is expanding from brokerage to wealth management. With over 10 million clients and 150 billion euros in assets under management, the company aims to introduce three new asset classes by year-end. The initial focus is on Private Markets, facilitated through partnerships with Apollo and EQT. This strategic move allows clients to invest in this asset class from as little as 1 euro, with monthly selling options on an internal marketplace.

This development marks a significant milestone for Trade Republic as it empowers retail investors by providing opportunities previously exclusive to institutional investors. By leveraging the expertise of Apollo and EQT, Trade Republic aims to democratize investment in private companies, which account for a significant portion of the economy and have historically outperformed public markets.