— Private Banking
Investment Advisory.
Counsel, not pitches.
— Private Banking
Counsel, not pitches.
— Minimum portfolio
€500,000
— Advisory fee
0.55% p.a.
— Conviction list
Monthly
— Execution
Institutional spreads
— Overview
Non-discretionary advice for clients who want to make the call. Our research desk provides theses, risk frames, and execution — you decide.
— Features
In-house equity, fixed-income, and macro research with no soft-dollar arrangements or bank-side conflicts. Skin in the game from the team that produces it.
Monthly conviction list with sizing, risk parameters, and entry/exit zones. Real ideas, not pitch decks.
Pure execution channel for clients who do their own work. Same institutional pricing, no advisory layer.
— Conviction list
This month's conviction allocation across asset classes — sized at the team level. Yours is then translated to your portfolio with your risk and liquidity constraints applied.
Open an account →— This month's view
April 2026 conviction.
Total
€ 4.28m
— Process
Step 01
Brief
One conversation to understand objectives, tax position, and risk tolerance.
Step 02
Subscribe
Monthly conviction list, weekly research notes, and ad-hoc thesis pieces by email.
Step 03
Discuss
Direct line to the analysts behind every idea — not a sales desk.
Step 04
Execute
One click in the dashboard, or call the dealing desk. Both at institutional spreads.
— Key facts
All headline terms shown here. Indicative pricing — your dedicated banker will confirm exact figures based on your relationship and the structure agreed.
Regulated by the Czech National Bank.
Member of EU Deposit Guarantee Scheme.
| Minimum portfolio | €500,000 |
| Advisory fee | 0.55% per annum |
| Execution-only | Available, fees by trade |
| Conviction list | First Monday of each month |
| Reporting | Real-time client portal |
| Coverage | Equities · Bonds · Alternatives · FX |
"We came to Diavulcan in 1996 after our Swiss bank lost track of who we were. Three banks have tried to win us back since. None has come close. The same banker still answers the same line."
— Mr. P. Janáček
Client since 1996 · Praha
— Questions
Do you have research conflicts?
No soft-dollar arrangements, no bank-side IB conflicts (we don't have an investment-banking arm). Research is paid for by advisory fees, full stop.
Can I act on individual ideas only?
Yes — execution-only is supported. Some clients use advisory for theses but execute selectively.
Do you cover individual stocks?
Yes — single-name coverage on roughly 40 European and 25 US large-caps, plus selected emerging-markets names.
Is there a minimum position size?
No — but for very small positions you may pay execution fees that materially exceed the trade economics. We'll always flag this.
Have a question we did not answer? Message your banker or write to us directly.
— Related
— Begin
A short conversation is the fastest way to understand whether investment advisory are the right structure for you. We reply within two business days — usually the same day.