Clients
DWS International GMBH serves 136 clients, 80 of them pooled investment vehicles. The average client has about $1.68 billion with the firm.
- Pooled investment vehicles80 clients76%
- Pension and profit-sharing plans15 clients6%
- State or municipal government entities25 clients10%
- Insurance companies13 clients6%
- OtherBanking or thrift institutions, Investment companies, Other investment advisers, Sovereign wealth funds and foreign official institutions, Corporations and other businesses2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | Not reported | $1,421,189,970 | 0.6% | — |
| Investment companies | 3 | $409,926,015 | 0.2% | $136.6M |
| Pooled investment vehicles | 80 | $174,784,569,855 | 76.4% | $2.18B |
| Pension and profit-sharing plans | 15 | $12,676,134,881 | 5.5% | $845.1M |
| State or municipal government entities | 25 | $22,627,160,838 | 9.9% | $905.1M |
| Other investment advisers | 0 | $268,975,930 | 0.1% | — |
| Insurance companies | 13 | $14,675,745,279 | 6.4% | $1.13B |
| Sovereign wealth funds and foreign official institutions | 0 | $1,612,962,847 | 0.7% | — |
| Corporations and other businesses | 0 | $392,042,710 | 0.2% | — |
| Total | 136 | $228,868,708,325 | 100% | $1.68B |
- Clients
- Not reported
- Regulatory AUM
- $1,421,189,970
- Share
- 0.6%
- Avg. per client
- —
- Clients
- 3
- Regulatory AUM
- $409,926,015
- Share
- 0.2%
- Avg. per client
- $136.6M
- Clients
- 80
- Regulatory AUM
- $174,784,569,855
- Share
- 76.4%
- Avg. per client
- $2.18B
- Clients
- 15
- Regulatory AUM
- $12,676,134,881
- Share
- 5.5%
- Avg. per client
- $845.1M
- Clients
- 25
- Regulatory AUM
- $22,627,160,838
- Share
- 9.9%
- Avg. per client
- $905.1M
- Clients
- 0
- Regulatory AUM
- $268,975,930
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 13
- Regulatory AUM
- $14,675,745,279
- Share
- 6.4%
- Avg. per client
- $1.13B
- Clients
- 0
- Regulatory AUM
- $1,612,962,847
- Share
- 0.7%
- Avg. per client
- —
- Clients
- 0
- Regulatory AUM
- $392,042,710
- Share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 136
- Regulatory AUM
- $228,868,708,325
- Share
- 100%
- Avg. per client
- $1.68B
What it does
DWS International GMBH provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
DWS International GMBH advises no private funds.
96.1% of assets ($219.88B across 450 accounts) are managed with discretion; $8.98B across 13 accounts are not. 98% of clients are outside the U.S., and 6 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks18%
- Funds3%
- Bonds62%
- U.S. government and agency bonds30%
- Investment grade corporate bonds18%
- High-yield corporate bonds6%
- Sovereign bonds5%
- State and local bonds3%
- Cash5%
- Other10%
- Derivatives5%
- Funds (open-end and short term investment funds)5%
Filed values cover 98%. The neutral 2% gap has no reported category.
Custodians
DWS International GMBH’s client accounts are held mainly at The BNY Mellon Sa/NV, Asset, with 6% of managed assets, and State Street Bank International GMBH, with 4%. DWS International GMBH has custody of client assets.
- State Street Bank International GMBHState Street Bank International GMBH · Frankfurt · $10.03B4%
- The BNY Mellon Sa/NV, AssetThe BNY Mellon Sa/NV, Asset · Frankfurt · $12.72B6%
- Deutsche Bank AgDeutsche Bank Ag · Frankfurt Am Main · $7.81B3%
- All other custodians$198.31B87%
Ownership and leadership
DWS Group GMBH & Co. Kgaa owns 75% or more of DWS International GMBH.
- Owns 75% or more of DWS International GMBH
DWS Group GMBH & Co. Kgaa
Control person · since March 2018
- Owns 75% or more of DWS Group GMBH & Co. Kgaa
DB Beteiligungs-Holding GMBH (DB BH GMBH)
Control person · since May 2017
- Owns 75% or more of DB Beteiligungs-Holding GMBH (DB BH GMBH)
Deutsche Bank Ag
Control person · since May 2017
Leadership
- Joerg HupertzCFO, Board Member
- Daniel KieperRegional Head of Legal Germany
- Matthias LiermannBoard Member
- Jan-Oliver MeisslerBoard Member
- Daniel MeisterRegional Head of Afc & Compliance Emea
- Georg SchuhBoard Member
Staff
- 703 employees
- 80 in advisory functions
- 80 state-registered reps
Fees
DWS International GMBH is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
DWS International GMBH’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, DWS International GMBH has 8 offices, with 1 listed address with no US state reported.
Registration details
- Legal name
- DWS International GMBH
- Headquarters
- Mainzer Landstrasse 11-17, Frankfurt Am Main, Germany 60329
- Phone
- 496991012371
- Website
- Not reported
- SEC file
- 801-20289
- Structure
- corporation organized in Germany
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does DWS International GMBH have?
DWS International GMBH has 136 clients and manages $228.9 billion for them, as of September 2026. They include 80 pooled investment vehicles, 25 state or municipal government entities and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026
What services does DWS International GMBH offer?
DWS International GMBH provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does DWS International GMBH use?
DWS International GMBH’s separately managed account assets are held at The BNY Mellon Sa/NV, Asset (Frankfurt), with $12,718,805,638, State Street Bank International GMBH (Frankfurt), with $10,027,521,117 and Deutsche Bank Ag (Frankfurt Am Main), with $7,811,985,652. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 September 2026
How many financial advisors does DWS International GMBH have?
DWS International GMBH has 80 investment adviser representatives registered with state securities authorities, out of 703 employees, and 80 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does DWS International GMBH invest in?
At the end of its last fiscal year, DWS International GMBH’s separately managed accounts held 30% U.S. government and agency bonds, 18% exchange-traded equities, 18% investment grade corporate bonds, 6% high-yield corporate bonds, 5% sovereign bonds, 5% derivatives, 5% cash and equivalents, 5% funds (open-end and short term investment funds), 3% state and local bonds and 3% pooled vehicles (private funds and similar). It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns DWS International GMBH?
DWS International GMBH is owned through a chain of holding companies by Deutsche Bank Ag. Its direct owner is DWS Group GMBH & Co. Kgaa (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026
How does DWS International GMBH get paid?
DWS International GMBH is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file