Financial independent advisor in Germany - FragFina (2024)

FragFina provides expats with independent advice on all financial matters in English

Financial independent advisor in Germany - FragFina (1)

We offer expats coming to Germany independent financial advice on all important insurance and financial topics and that in English.

Financial advice is essential to achieve one's economic goals and desires in life. Precisely because this topic is so important, financial advice is not just our everyday job but our passion.

As an independent advisor, we pursue a holistic consulting approach. It is particularly important to us that we advise according to objective, verifiable and scientific criteria. Transparency is a matter of course.

Financial independent advisor in Germany - FragFina (2)

FragFina explained in 60 seconds


All our consultants are independent, because this is the only way to guarantee optimal support. There are no cooperations with product providers or their products.


Objectivity should be the basis of every consultation. Therefore we use external criteria such as the financial standard (DIN Norm 77230)


Transparency is a prerequisite for a trustful cooperation. All our recommendations should be comprehensible and verifiable for you.

Independent financial advice

Independence is particularly important in financial consulting. This is the only way to ensure that you receive the advice and products that are tailored to your individual situation and your goals and wishes.

That is why we act as financial brokers as well as insurance brokers. This means that we are independent of banks, insurance companies and building societies. By law we are obliged to represent your interests and not the interests of any company. All our consultants are free in the choice of products

Financial independent advisor in Germany - FragFina (3)

Consulting according to standards

In order to be able to provide objective advice, it is important to use external and scientifically tested criteria. In the analysis of the current financial situation we guarantee this with the financial standard (DIN Norm 77230).

The DIN Norm 77230 enables us to analyze your situation objectively, comparable to the large blood count at the doctor. The analysis according to DIN Norm 77230 is based on scientific criteria. Based on your goals and wishes, it gives recommendations for the optimal distribution of your liquidity.

Product selection

Objectivity is important not only in analysis and segment recommendation, but also in product selection in particular. For this reason, we use external criteria here.

We can analyze the entire financial market for you and check whether tariffs and products have the criteria you require. This gives you the security of always getting the best price-performance ratio.

Are you looking for independent financial advice?

Get in touch with us here:

Submit a consultation request

Our consulting focus

  • Health Insurance
  • Pension plan
  • Investment
  • Occupational disability
  • Construction financing
  • Property insurance

Health is the most important asset. It is therefore all the more important to be well insured in the event of an emergency. For this reason, we advise you on all aspects of health insurance.This includes, among other things, the statutory as well as the private health insurance. What are the advantages, what are the disadvantages, which type of insurance is the right one for you.Furthermore, we advise you on the various supplementary health insurance, such as supplementary dental insurance, inpatient supplement or nursing care insurance.

Everywhere you read about poverty in old age and that the statutory pension is not sufficient. To ensure that this does not happen to you, we provide you with comprehensive advice on the subject of old-age provision.This includes, among other things, a detailed analysis of your current situation. We will check which entitlements you have already acquired and how high the pension gap currently is. Furthermore, you will receive an old-age provision model calculation to see at a glance what is still necessary to be able to live carefree in old age.Last but not least, you will of course also receive suggestions on how you can close your pension gap with as little cash outlay as possible.

In the current economic phase, the topic of investment and asset accumulation is particularly important, so that inflation does not consume the painstakingly built-up savings.We advise you on all aspects of investing, whether it is opening a custody account, a one-time investment, a monthly savings plan or a mixture. Depending on your wishes and your personal risk structure, we will work with you to develop a concept of how you should ideally structure your financial investment.We also support you at the product level. From ETFs to funds, equities and asset management, everything is possible.

For all people who depend on their income, occupational disability insurance is one of the most important insurances. For this reason, we will provide you with comprehensive advice on this topic.In the context of the consultation to the occupational disability insurance you receive from us a concept cut to your needs. As well as product proposals matching the concept on the basis of external criteria.Furthermore, we support you in the application process and in answering the health questions.

Having their own four walls is the dream of many people. But real estate is also becoming increasingly popular as an investment for personal wealth accumulation.We advise you on all aspects of construction financing. This includes, among other things, the financing of owner-occupied property and any follow-up financing.But also around the topic of the rented property as a financial investment you will be advised by us. From the right object to the financing of the property used by others.

We advise them around all insurance and protection topics. This includes things like private liability insurance, household insurance or car insurance.In a detailed analysis we look which insurance topics are relevant for you at all and which insurances are superfluous.If an insurance comes into question, you will receive a comprehensive market analysis according to performance and price criteria of the individual providers.

This is the procedure

Financial independent advisor in Germany - FragFina (4)


You have identified a need for consulting? Then you are welcome to send us an inquiry. The easiest way is to use the inquiry form.Alternatively, you can also send us an e-mail ( of our consultants will contact you as soon as possible and arrange an appointment with you to get to know each other.

2Getting to know each other

The first step of cooperation is always a meeting. It lasts about 30 minutes.You have the opportunity to tell the consultant exactly what your expectations are and the consultant can tell you how he or she would approach your question.The introductory meeting is free of charge and should help you to get a better idea of our services.On this basis, you can then decide whether or not you would like to work with us.


If you decide to work with us on the basis of the introductory meeting, the next step is concrete consulting.The further course of action depends, of course, on what exactly your concern is.

What does a financial advice in Germany from FragFina cost?

Basically, you can choose with us about which type of costs you would like to be advised. We offer both fee-based and commission-based consulting. I.e. you can choose at the beginning of the consultation which system appeals to you more and decide on a variant.

The amount of the fee to be paid depends on your desire for consulting. The higher the consulting effort, the higher the fee. We can tell you the exact price after the introductory meeting, since the financial advisor can then estimate the exact scope of the consultation.

In our experience, the fee for most consulting requests is between 150€ and 450€ incl. VAT. In particularly extensive cases, the fee may be higher. To give you an idea of the costs involved, here are a few examples:

  • Advice on retirement planning
  • Investment advice
  • How much real estate can I afford?

The following points are included as examples when a consultation on retirement planning is requested from us:

  • The current income situation is recordedExisting contracts as well as benefits from pension funds and the German pension insurance are determined.
  • Research into whether subsidies or grants are possible through supplementary pension funds or through the employer
  • Preparation of a comprehensive retirement provision analysis
  • Recommendations and concept for closing the pension gap

Price for the whole project is usually between 250€ - 450€.

The following points are included as examples when a request is made to us for investment advice:

  • Provision of basic knowledge about capital investments, financial markets and how they work
  • Provision of basic knowledge for the creation of your own portfolio
  • Determination of the personal risk profile
  • Development of an investment concept based on the personal risk profile

Such a project usually costs about 250€.

The following points are usually included when you contact us with the consulting request, how much property can I afford:

  • Recording and analysis of the actual financial situation
  • Sample calculation based on a sample property
  • Evaluation, which shows which purchase price and which rate is realistic
  • Such a project usually costs about 150 - 250€.

Our fee-based consulting is usually on a project basis. That is, we do not usually offer hourly billing. This has the advantage that you know right from the start what costs you will incur.

Here you can find more information about the costs of financial consulting.

Are you looking for independent financial advice?

Get in touch with us here:

Submit a consultation request

Where does financial counseling for expats take place?

Our financial advice for expats takes place online. This means that you can receive advice from your financial advisor from the comfort of your own home.

As a rule, we use Microsoft Teams as the platform for this.

We can currently only offer on-site financial consulting for expats in Munich. We are working on making this possible in other cities as well.

Frequently asked questions about financial advice

Do our advisors speak English?

Yes, all our advisors who take care of the financial issues of the expats speak English.

What training do our advisors have?

  • Our consultants have different academic backgrounds, from business economists to lawyers to engineers, everything is represented.
  • In addition, each consultant has completed the IHK training as an insurance specialist § 34d GewO and attended numerous internal training courses and workshops.
  • Our consultants are DEFINO-certified specialists for private financial analysis according to DIN 77230.
  • In the area of financial investment, each consultant has completed the IHK training as a financial investment specialist according to § 34f GewO. Our consultants use a professional liability umbrella in accordance with § 32 KWG (German Banking Act) in order to be able to offer you all possibilities in the field of financial investments.

Are our advisors free to choose products?

All our consultants act as brokers (independent insurance brokers) and are therefore not bound to any products of providers. The broker has the free choice from all products offered on the market (with the exception of products that are exclusively brokered by providers). In addition, the insurance broker is even legally obliged to protect the interests of the customer against the product providers (e.g. banks or insurance companies). An insurance broker does not have a contract with an insurance company, but works on behalf of the client. So you can be sure that our advisors choose the products that best suit you and your goals and wishes.

Is consulting on a fee basis possible?

If you wish, consulting on a fee basis is also possible (fee-based consulting). You are welcome to discuss this with your advisor during the first meeting.In contrast to the more widespread commission-based consulting, we have the option to provide consulting on a fee basis for you. In this case, a fee is agreed upon in advance, based either on a payment per hour or a payment for a project (e.g. project closing the pension gap).In the case of fee-based consulting, so-called net rates are used.

What are the consulting focal points of our consultants?

  • Occupational disability
  • Retirement planning (Riester, Rürup, pension insurance)
  • Retirement planning
  • Company pension plans (direct insurance, pension fund, pension fund, support fund, pension commitment)
  • Financial investment (funds, ETF, shares, savings plan, one-time investment, call money)
  • Health (statutory health insurance, private health insurance, supplementary dental insurance, inpatient supplement, outpatient supplement, international health insurance)
  • Construction financing (loan financing, building savings)
  • Property insurance (liability insurance, household insurance, legal protection insurance, residential building insurance)

For whom is the consultation suitable?

The consultation is suitable for all expats living in Germany.

Are you looking for independent financial advice?

Get in touch with us here:

Submit a consultation request

As a seasoned financial expert with a deep understanding of the concepts and practices in the financial advisory space, let me provide valuable insights into the article about FragFina, a service offering independent financial advice to expats in Germany.

Firstly, FragFina positions itself as an independent advisor, emphasizing the importance of providing financial advice tailored to individual situations and goals. The commitment to independence is crucial in ensuring that clients receive advice free from conflicts of interest. The absence of partnerships with product providers underscores their dedication to objective guidance.

The article highlights FragFina's holistic consulting approach, focusing on objective, verifiable, and scientific criteria. This commitment is evident in their use of the financial standard (DIN Norm 77230) for analysis, ensuring an objective and comparable assessment of a client's financial situation. This standard acts as a benchmark, similar to a comprehensive blood count at the doctor, providing a scientific basis for their recommendations.

Transparency is another key principle, with FragFina emphasizing the need for clear and understandable recommendations. This aligns with the broader industry trend toward transparency, ensuring clients can make informed decisions about their financial matters.

FragFina's service offerings cover a comprehensive range of financial topics for expats, including health insurance, pension plans, investments, occupational disability, construction financing, and property insurance. This breadth reflects their commitment to addressing the diverse financial needs of expatriates in Germany.

The consultation process at FragFina involves three key steps: the initial request, a meeting to get to know the client's expectations, and the actual consulting phase. The flexibility in cost structures, offering both fee-based and commission-based options, provides clients with choices based on their preferences.

The article further breaks down the costs associated with specific consulting requests, such as retirement planning, investment advice, and determining affordability for real estate. This transparent breakdown gives potential clients a clear understanding of what to expect in terms of fees for different services.

Notably, FragFina's online financial advice platform, primarily using Microsoft Teams, caters to the convenience of expats, allowing them to receive advice from the comfort of their homes. While on-site consulting is currently limited to Munich, the company expresses the intention to expand this service to other cities.

The FAQ section addresses common queries, affirming that all advisors speak English, detailing the diverse academic backgrounds of consultants, and highlighting certifications and training, including DEFINO certification for private financial analysis. The emphasis on advisors' freedom to choose products, coupled with the option for fee-based consulting, provides clients with additional flexibility.

In conclusion, FragFina positions itself as a reliable and transparent financial advisory service, catering specifically to the unique needs of expats in Germany. Their commitment to independence, scientific analysis, and transparency sets them apart in the competitive financial advisory landscape. If you're an expat seeking independent financial advice in Germany, FragFina appears to be a solid choice.

Financial independent advisor in Germany - FragFina (2024)
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