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Deutsche Schutzvereinigung für Wertpapierbesitz

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German association founded in 1947 that represents the interests of private investors and is the leading German shareholders' association.

Last updated September 16, 2026

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Overview

The Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW) is a German association founded in 1947. With around 30,000 members it describes itself as the leading German association for private investors. Its main office (hauptamtliche Geschäftsführung) is based in Düsseldorf, and it also has nine regional associations (Landesverbände) led by honorary regional managing directors. The DSW represents private investors' interests at roughly 700 annual general meetings, provides free initial out-of-court advice on capital investment questions, clarifies fundamental legal questions through model proceedings, and acts as the umbrella association of around 7,000 German investment clubs. It also engages in political interest representation in Berlin and Brussels and organizes seminars, investor forums and company visits.

History

The Deutsche Schutzvereinigung für Wertpapierbesitz e.V. (DSW) was founded in 1947. It states that it is today, with around 30,000 members, the leading German association for private investors. Its full-time management is based in Düsseldorf, and there are nine regional associations nationwide led by honorary regional managing directors. The DSW represents private investors' interests at around 700 annual general meetings and is the umbrella association of around 7,000 German investment clubs.

Products and positioning

Leading German association for private investors

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