Swiss Life Deutschland said on 21 May that it had agreed to acquire the TELIS group, a Regensburg-based financial advisory business with about 1,800 licensed advisers.
Why Swiss Life Deutschland (Swiss Life Holding) is buying TELIS Unternehmensgruppe
Swiss Life Deutschland said personal financial advice supported by digital tools remains a growth market and that the deal strengthens its position as a leading advisory firm in Germany, with combined 2025 revenue above €1bn including TELIS.
Deal terms and financing
Both sides agreed to keep the price confidential. TELIS FINANZ, Deutsches Maklerforum and DEMA Deutsche Versicherungsmakler will keep their brands within Swiss Life's advisory organisation.
Regulatory approvals and timing
Closing is expected in the third quarter of 2026, subject to regulatory approvals.
Market context
TELIS was founded in 1992 by the Bolz family, which will remain involved in an advisory role. Swiss Life's existing German advisory brands are Swiss Life Select, tecis, Horbach and ProVentus.
