ValueTrust Financial Advisors SE

Theresienstrasse 1
D-80333 Munich

Phone: +49 89 388 790 0

Registration Court and Registration No.: Amtsgericht München HRB 210115

VAT no. DE815485506

Executive Board

  • Prof. Dr. Christian Aders, Chairman of the Executive Board
  • StB Florian Starck

Chairman of the Supervisory Board

  • C. Bernt Sannwald

Terms and Conditions of Use (Status: 03/2014)

The internet site is operated by ValueTrust Financial Advisors SE ("Value-Trust").  You agree to the following General Terms and Conditions of Use by using the internet page:

1. Protected content, downloads

All text, graphics, images, logos or symbols (hereinafter, "content") provided on this internet site or which can be downloaded are protected trademarks and copyright protected works of us, our partners or third parties who have authorized us to make them available.  The use of this content is only permitted for private use without any change in form, but not for commercial use and/or political purposes.  

2. No liability for content

2.1 Although we prepare content with the greatest possible standard of care, we cannot offer any warranty for the accuracy, completeness or timeliness of the content.  All liability for content of third parties is excluded unless we have recognizably incorporated this content as our own by, for example, commenting on it, embedding it in our own content or stating the content as our opinion.  In this situation, the provision in Clause 2.2 applies.

2.2 We are responsible for our own content in accordance with the general laws pursuant to § 7 para. 1 German Telemedia Act [Telemediengesetz, "TMG"].  Except in the case of intentional misconduct or gross negligence, we do not assume any warranty for the accuracy, completeness or ability to be used commercially.  The use of the content does not relief you under any circumstances from careful examination in the specific situation.

2.3 As a service provider within the meaning of §§ 8 to 10 TMG, we are not required to monitor information transmitted or stored by third parties or to research circumstances indicating illegal activity.  This does not affect any obligation to remove or block the use of information under general law.  Any liability for the designated information exists only starting at that point in time when we obtain knowledge about the specific violation of the law.  As soon as we become aware that information transmitted or stored by third parties violates the law, we will immediately remove it from our site. 

3. No liability for content at linked sites

We cannot offer any warranty for third party content and websites of third parties which are linked on our site.  The respective provider or operator is responsible for the content of the linked sites. We have examined the linked sites at the time of linking with regard to their compliance with the law applicable at that time.  Violations of the law were not identifiable at that time.  We cannot be reasonably expected to permanently monitor the content on the linked websites of third parties without having specific indications about a violation of the law, so that permanent monitoring does not take place.  Upon becoming aware of violations of the law, however, we will immediately remove such links. 

4. Exclusion of liability

The use of this internet page by the user takes place at the user's own risk.  This internet page is provided without any guarantee and depends on the respective availability.  We reserve the right to limit or terminate access to this internet site, specific functions, content or parts of the internet site at any time.

Downloading of content from this internet site takes place at the own discretion and risk of the user.  Furthermore, all liability of ValueTrust for damages that might arise from accessing the site is excluded.  We assume no responsibility for damage occurring in a computer or the loss of data resulting from downloading content from this internet site. 

Notwithstanding the above, we are fully liable for injury to life, physical integrity or health that is intentionally caused.  We are liable for all other harm if the harm is caused by us as a result of intentional misconduct or gross negligence. 

The provisions in Clauses 2 and 3 are not affected.  

5. General

If individual provisions in these Terms and Conditions of Use are invalid or if the Terms and Conditions of Use contain a gap, this does not affect the validity of the remaining provisions.

We reserve the right to modify these Terms and Conditions of Use at any time in our free discretion by publishing revised Terms and Conditions of Use.  The continued use of this internet site after publication of the modified Terms and Conditions of Use constitutes acceptance of the modifications.  German law applies, subject to exclusion of the UN Convention on the International Sale of Goods (CISG) and the provisions on conflicts of laws [Internationales Privatrecht].

Provisions on data protection

of ValueTrust Financial Advisors SE ("ValueTrust"), Theresienstrasse 1, 80333 Munich, Germany

We place great importance on your trust.  Therefore, we assure you that we handle your data responsibly.  Please read our Provisions on Data Protection carefully.  If you have any questions, please contact our data protection office:

1. Subject of this declaration on data protection and responsible office

1.1 This declaration on data protection applies for the collection, processing and use (together, "use") of your personal datas when you register with us for one of our news letters or if you would like to use our services such as download offers.  You can find further details about us in the publisher information (Impressum).

1.2 ValueTrust is also the responsible office for purposes of data protection laws.  You can direct questions or comments about our declaration on data protection or generally relating to data protection to the following email address:

2. Collection, processing and use of your data

2.1 Technically required data collection

Certain data are always transmitted from your computer to us in the case of communications in the internet due to technical reasons, for example, day and time when you call up our internet pages, your type of browser, the browser settings and the operating system, the page most recently visited by you, the transmitted data volume and the access status (data file transmitted, data file not found etc.).  These data are normally not personal data.  However, your computer also normally transmits to us your IT address which can be personal data in the specific case.

2.2 Customer data

If you call up a service with us, for example, an upgrade or our download documents or if you would like to register for one of our newsletters, you must first register as a user and provide various personal data.  Mandatory information includes those data which we require in order to provide the use you have requested (so-called "basic data").  You can provide further information as you wish.  Such data is marked as "voluntary" ("additional data").  If you decide to provide voluntary information, we attribute the data arising when using our internet site to you ("usage data").   

Unless we do not have any additional express consent, we collect, process or use your data only within the context of your visit to our website.

2.3 Additional data processing and use upon expressly issued consent

If you have decided to consent to corresponding further data usage, we use your basic data, additional data and usage data as follows for purposes which go beyond the purposes described in Clause 2.2.

In the case of your consent, we process and use your data in order to provide to you customer related and efficient access to our website, especially by means of a personalized design of the website or in order to display offers or services which might be interesting for you.

You can also receive our newsletters or offers by SMS, email, telephone or regular mail.  We use your data in this context for the necessary analysis and for market research purposes.  A prerequisite for this is that we are permitted to compile your data internally in user profiles and analyze these profiles which, however, takes place only for the above mentioned purposes.

3. Cookies

In order to structure the visit to our website, we transmit so-called cookies to your computer.  Cookies are small text data files which can identify your computer.  They do not have an effect on the operating system of your computer.

You can block the use of cookies.  However, individual functions we provide may not be useable under certain circumstances.  You can see how to block the use of cookies by referring to the instructions for your browser software.

4. Google Analytics

This website uses Google Analytics, a web analysis service of Google Inc. ("Google").  Google Analytics uses so-called "Cookies", text data files which are stored on your computer and which make it possible to analyze how you use the website.  The information about your use of this website produced by the cookie is normally transmitted to and stored on a server of Google in the USA.  

Upon activation of IP anonymization on this website, your IP address, however, is first abbreviated by Google within the Member States of the European Union or in other countries which are members to the Treaty on the European Economic Region.  The full IP address is transmitted to a server of Google in the USA and abbreviated there only in exceptional situations.  The IP anonymization is activated on this website.  Google will use this information at the request of the operator of this website in order to analyze your use of the website, compile reports about website activities and provide additional services to the website operator which are related to the usage of the website and the internet.  

The IP address transmitted from your browser under Google Analytics is not combined with other data of Google.  You can prevent the storage of the cookies with a corresponding setting in your browser software; however, we wish to point out that you then may not be able to fully use all functions of this website.  You can also prevent the collection of the data produced by the cookie which relates to your usage of the website (incl. your IP address) and the transmission to Google as well as the processing of these data by Google by downloading and installing the browser plugin which is available at the following link:

5. Revocation

You can, of course, cancel the consent issued to us at any time free of charge with effect for the future.  This includes any written notification (e.g. email, telefax, letter) to ValueTrust Financial Advisors SE, Theresienstrasse 1, 80333 Munich, Germany, Telefax: +49-89-388 790 444, Email:

In order to preclude any abuse, it might be necessary in a specific situation to provide proof of identity.  We will inform you about this accordingly.  

6. Security

In order to protect your personal data maintained by us against unauthorized access and misuse, we have taken extensive precautions of technical and operational nature for the purpose of maintaining security.  Our security procedures are examined on a regular basis and are adapted to technological progress. 

In order to assure security of your data communications in the internet, we use SSL (Secure-Socket-Layer) encoding.

Please contact us if you have any questions.

ValueTrust Financial Advisors SE