Van Lanschot Kempen

Van Lanschot Kempen N.V. is a specialised, independent wealth manager that provides private banking, asset management and merchant banking services to wealthy individuals and institutions. It is headquartered in 's-Hertogenbosch, the Netherlands. It operates under the brand names Van Lanschot Kempen, Van Lanschot, Evi, and Kempen. With a history dating back to 1737, it is the oldest independent bank in the Netherlands and the Benelux and one of the oldest independent banks in the world.
Corporate structure.
Van Lanschot Kempen offers private banking, asset management and merchant banking services:
Van Lanschot Kempen is authorised by De Nederlandsche Bank (DNB), the Dutch central bank, as a bank in accordance with the Dutch Financial Supervision Act () (Wft). It is under the direct supervision of DNB and the indirect supervision of the European Central Bank (ECB) under the Single Supervisory Mechanism. In addition, the Netherlands Authority for the Financial Markets () (AFM) supervises its market conduct.
History.
The history of Van Lanschot dates back to 22 July 1737, when Cornelis van Lanschot founded a trading house in 's-Hertogenbosch. It originally traded in colonial goods within the areas of Brabant and Limburg, the principality of Liège, the Duchy of Cleves, the Duchy of Jülich and a large part of Belgian Brabant. It soon became involved in the collection and discounting of bills of exchange from clients and in exchanging foreign currency. In 1901, Van Lanschot was converted from a general partnership into a limited partnership under the name F. van Lanschot.
Prior to 1954, Van Lanschot's banking activities were carried out from its offices in ‘s-Hertogenbosch. After that, it progressively expanded its activities by opening additional offices, mostly, in the south of the Netherlands. In the early 1970s, it acquired a number of Dutch banks. During the 1980s, it opened a number of offices in the centre of the Netherlands, and, begging in 1991, it started an expansion strategy. In 1991, it also opened offices in Belgium.
In 1973, NatWest Group (NatWest) became the first non-family shareholder when it acquired a minority interest in the parent Van Lanschot's Beleggings-Compagnie. From the early 1990s, until it sold its interest in 1994, NatWest was the majority shareholder. 
In June 1999, Van Lanschot's equity securities were listed on Euronext Amsterdam.
In 2004, Van Lanschot acquired CenE Bankiers (financial services for the healthcare sector) in 2004 from ING Bank N.V.. 
In 2007, Van Lanschot acquired Kempen & Co. Kempen & Co was established in 1903 in Amsterdam by Arines Johannes Kempen with his companion Martinus Dirk de Lange as an independent stockbroker. The commodities exchange, the Beurs van Berlage had opened only a month before, and it was this exchange that was used by Kempen & Co for its trading. The company began by specialising in the trade of listed companies that operated in the Dutch East Indies.
In 2013, Van Lanschot launched Evi van Lanschot. Evi van Lanschot is an online savings and investment platform aimed at extending its offering to mass affluent clients and first-time investors.
In 2015, Van Lanschot acquired UK fiduciary management business of MN, a Dutch pensions and investments manager. In December 2016, Van Lanschot acquired the private banking business of Staalbankiers. In August 2017, Van Lanschot acquired UBS's Dutch wealth management business. In 2021, Van Lanschot acquired Hof Hoorneman Bankiers, a Dutch private bank.
Leadership.
From the bank's origins in 1737 until the death of Jan Cees van Lanschot in 1991, a member of the Van Lanschot family was CEO of the bank. From 1991 to 2002 Bert Heemskerk was CEO. In 2002 he was succeeded by Floris Deckers. In 2013 Karl Guha became CEO.
Crest of the family and the firm Van Lanschot.
Van Lanschot's crest is based on the crest that has been used by the Van Lanschot family since the seventeenth century. The Van Lanschot family appeared in Zundert in the fifteenth century. The name is derived from an elongated piece of land or 'long shot' located in the village of Achtmaal. Three green trees are depicted on a silver and green cover. In front of the middle tree, there is a red castle. The castle may be derived from the coat of arms of the Van Buerstede family. The crest's motto is: 'Exaltabor in terra'.
Het Lanschotje.
After the unification of the Netherlands with Belgium and the proclamation of the Kingdom of the Netherlands in 1815, a new regulation of the monetary system had to be established. The large monetisation project that was planned only commenced in 1821/1822. As a result, there was a shortage of small change coins. Several people, mostly traders, looked for a temporary solution (outside the government) to circulate small coins themselves. They ordered large quantities of copper coins from Germany and brought them to the Kingdom. The Utrecht grocer, Bleyenstein, was the first to introduce this to the market. These coins were also put into circulation by partner Franciscus van Lanschot. The coin was given various nicknames: "het Lanschotje", "het Bossche duit" or "Bleyensteinse duit".
Offices.
Van Lanschot is headquartered in 's-Hertogenbosch, Hooge Steenweg 29. In addition, head office employees work in two other buildings in 's-Hertogenbosch in the Paleiskwartier district, and in the World Trade Center (Amsterdam).
Van Lanschot Private Bank has 27 offices and client reception locations in most large cities in the Netherlands. These offices are usually located in historic buildings. In Belgium, Van Lanschot has nine offices. Furthermore, Van Lanschot has offices in Zurch and Geneva, Switzerland. Kempen has offices in Amsterdam, Antwerp, London, New York and Paris.
Sponsorship.
Van Lanschot's sponsorship aims to help preserve Dutch cultural heritage. The bank is sponsor of the Van Gogh Museum in Amsterdam and the Van Lanschot Kempen Kunstprijs, an art prize for artists in the Benelux. Furthermore, Van Lanschot is head sponsor of The Royal Concertgebouw in Amsterdam.
Controversy.
In July 2018, Van Lanschot announced that it would terminate all accounts from private individuals who do not have sufficient investable assets or who do not wish to invest with the bank. They were told so by letter, including customers who had previously been recruited by Van Lanschot themselves. Van Lanschot informed that services related to "payment traffic and savings alone can not make the difference". Customers with too little capital must supplement this to 500,000 euros and can then qualify for private banking services. The terms and conditions do allow Van Lanschot to terminate customer relationships, but nevertheless some felt "trashed" by an "arrogant bank".
Financial results.
The table below shows the results as of 2007.
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