Tied Agent as a Service

A productized tied agent setup. Without the regulatory project.

Tied Agent as a Service bundles the BaFin license, MiFID II passporting, compliance operations, and the fundraising platform into a single package. You focus on investors and mandates. We run the regulatory layer.

Tied Agent as a Service (TAaaS) is a productized model where a BaFin-supervised investment firm provides the license, compliance operations, supervisory layer, and technology platform required to act as a vertraglich gebundener Vermittler under MiFID II. substnz Capital Partners offers TAaaS to qualified placement professionals and asset managers seeking regulated European distribution without building their own investment firm. Typical launch: 4–8 weeks from first call to BaFin registration.

What Tied Agent as a Service means

Operating as a tied agent under MiFID II requires more than a contract. You need a regulated host with the right BaFin permissions, a compliance stack that actually meets WpIG and ESMA standards, supervisory oversight that holds up under examination, and the operational tooling to run mandates day-to-day. Building that yourself takes years and capital. Buying it piecemeal leaves gaps.

Tied Agent as a Service collapses the stack into a single subscription-style relationship. substnz Capital Partners holds the BaFin license, runs the compliance and supervisory functions, manages MiFID II passporting across the EEA, and provides the fundraising platform. You operate as a registered tied agent on top of that infrastructure.

What’s included

BaFin Registration

Formal registration in the public BaFin tied agent register under substnz Capital Partners GmbH (registry 157452). You appear as a regulated counterparty from day one.

MiFID II Passporting

Our license is passported to 17+ EEA markets. You can serve professional and institutional investors across Europe under a single regulatory framework, without additional national filings.

Compliance Operations

AML/KYC, suitability assessments, conflicts management, transaction monitoring, supervisory reporting, recordkeeping. Run by our compliance function under BaFin oversight.

Supervisory Layer

We assume legal responsibility for your tied agent activities under the Haftungsdach model. Examinations, regulator correspondence, and ongoing supervision sit with us.

Fundraising Platform

Investor CRM, pipeline tracking, virtual data rooms, invoicing, GP/strategy management, onboarding workflows. Included at no extra cost; you are not required to use it.

Onboarding & Activation

Fit-and-proper assessment, contracting, internal procedures, platform setup, and BaFin registration filed and tracked end-to-end. Typical timeline: 4–8 weeks.

What we do vs. what you do

1

We hold the BaFin license

substnz is the licensed investment firm. The BaFin authorisation, capital requirements, prudential reporting, and supervisory dialogue all sit with us.

2

We run compliance and supervision

AML/KYC processes, suitability checks, conflicts management, regulatory reporting, recordkeeping, and the supervisory function are operated by us under defined SLAs.

3

We provide the platform and reach

Fundraising platform, MiFID II passporting to 17+ EEA markets, and the regulatory framework that makes your work cross-border by default.

4

You own client relationships and mandates

Your investor network stays yours. Your mandates stay yours. You decide what to place and how to position it within the regulatory scope we agree.

5

You execute the commercial work

Origination, investor conversations, fundraising, ongoing relationship management. The substantive capital markets work that drives your business.

Who Tied Agent as a Service is for

Experienced placement professionals leaving a bank or large platform and wanting to operate independently without building their own investment firm.

Asset managers with an in-house distribution team who want a credible, BaFin-supervised regulatory home instead of routing everything through an AIFM or third-party broker-dealer.

Capital-raising boutiques and family-office adjacents who need MiFID II coverage across Europe but cannot justify the cost and timeline of a standalone WpI authorisation.

The framework at a glance

BaFin
Regulator
17+
EEA markets via passport
4–8 weeks
Typical onboarding

Frequently asked questions

How is this different from your /tied-agent page?

Same underlying model. This page describes it as a productized service — a bundled package with a defined scope, defined onboarding, and defined ongoing operations. The /tied-agent page focuses on the broader value proposition and economics of operating as a tied agent.

Do I need my own BaFin license?

No. You operate under substnz’s investment firm license as a registered tied agent. The license, capital requirements, and prudential obligations sit with substnz.

How fast can I be live?

Typical onboarding runs 4–8 weeks from first call to BaFin registration. Timeline depends on background, document quality, and how clean your fit-and-proper file is.

Which markets does the passport cover?

substnz is passported across 17+ EEA markets including Germany, Austria, France, Italy, Luxembourg, the Netherlands, Spain, the Nordics, and additional jurisdictions. We can confirm specific country coverage during onboarding.

What does it cost?

Two models: a fixed-fee setup (onboarding cost + fixed periodic fee) or a fully aligned revenue-share (onboarding cost only, economics tied to capital raised). Exact numbers are discussed in a call. See the /economics page.

What happens if I want to leave later?

Tied agent relationships are not lock-ins. The contractual exit terms are defined upfront and your client relationships remain yours throughout. We handle the BaFin deregistration cleanly when the time comes.

Get started

Talk to us about TAaaS

Tell us about your background, target markets, and mandate pipeline. We’ll walk you through what onboarding under substnz looks like end-to-end.

contact@substnz.eu