WAVE Management (WAVE) is a money management firm located in Hannover, Germany. Established in 2000, WAVE's primary service and product expertise include the operational management of securities, the assumption of controlling and risk management tasks, the support of strategic asset allocation, and advice on all aspects of asset management. They offer bank-independent investments with value retention. It is a unit of the German VHV insurance group. The assets of the firm are managed by the Board of Directors.