Moneypark is on fire – Inside Paradeplatz

Stefan Heitmann is not a simple boss. But he knew about the business. He made Moneypark a competitor to the listed VZ Vermögenszentrum from the start.

Now Heitmann jumps overboard, officially because he wants to devote himself to his other activities. What sounds normal after Harmonie and Courant is in fact a first-class crime thriller.

A power struggle had been going on behind the scenes for months, marked by intrigues among Moneypark’s top management. This is majority owned by the St.Gallen insurance group Helvetia.

The Helvetia leadership had placed itself before Heitmann for a long time. Now she dropped him. The result: the booth is on fire. “Moneypark is crumbling,” said an insider yesterday.

A whole team in the staff has dropped out these days. Suddenly, several of the long-standing HR consultants are gone. The departures mainly affect Moneypark Zurich and Lausanne, where many back office tasks are located.

According to an insider, the “escape wave” is gigantic. In the last 12 months, around 100 employees have jumped over the entire Moneypark, especially in the important and large city of Zurich.

100 departures – that would be around a third. According to its own information, Moneypark employs 300 people at locations across the country.

The massive wear and tear forces new and good people to come along again and again. Such are all the more important because in the business of “independent” financial advice, the staff alone decides.

Young, hungry guys with the necessary know-how are in demand in financial advice.

The danger is that they become a pusher column. The word is known from the AWD case in Germany, which ended up in the port of Swiss Life.

This danger also existed at Moneypark with its legendary express ascent. Accordingly, emphasis was placed on good recruiters.

Under the old HR boss, this tightrope walk was a success, says a source. His successor would now demotivate the crew. “He’s not present,” says the source. “You don’t know what he wants.”

On Kununu Moneypark finds itself in a prominent position. “Policy of bullying,” someone wrote in February, “Helvetia should better buy up the whole company and close various departments (all except Sales)”, one said recently.

Internally there was talk of the departure of number 2. It is Michael Rogenmoser, who died a year ago Leave MoneyPark would have.

At the time there was no comment from the company. Now it is known that Rogenmoser and CEO Heitmann had engaged in a power struggle.

According to a source, Rogenmoser sawed the chair of the founder and boss together with other members of the management.

When he realized the attack, he wanted to depose Rogenmoser. The Helvetia bosses, who ultimately call the shots, let Heitmann do it.

Then, suddenly, rumors began to circulate. In HR, there had been insults about female employees. In fact, a young woman resigned, says the informant.

But the statements floating around would have nothing to do with it.

But Heitmann was counted. The Helvetia leadership took a closer look and had Moneypark and its CEO on their radar. Finally there was a separation.

“Helvetia is following developments at MoneyPark very closely,” says a spokesman for the insurer. “We are convinced that MoneyPark is an attractive and dynamic employer in an exciting environment.”

For further information he refers to Moneypark. A spokeswoman there says: “The personnel changes that you mention all took place in the last year.”

And further: “MoneyPark is a young and dynamic company that is changing and developing. It is not unusual for people to leave MoneyPark and new ones to join in this context.”

Rumor has it that CS has shown interest in buying Moneypark in recent months. The bank and the intermediary form a tight team: Often the CS receives the Order for a mortgage.

The topic is now probably off the table, says the insider. Helvetia took the reins in hand.

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