Fondsmaeglerselskabet Maj Invest A/S (Copenhagen K)


Fondsmaeglerselskabet Maj Invest A/S is an investment adviser to an investment company based in Copenhagen K. It manages $9.81 billion of regulatory assets for 93 client accounts. It has been registered with the SEC as an adviser since 2017.

Fondsmaeglerselskabet Maj Invest A/S provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and non-us regulated investment companies and pension plans. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fondsmaeglerselskabet Maj Invest A/S: assets under management

The assets under management (AUM) of Fondsmaeglerselskabet Maj Invest A/S is $9.81 billion. The firm's AUM has grown by 2% since the beginning of its operation, and $9.23 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.94 billion in discretionary accounts and $869.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $111.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $66.89 million.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is other assets, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fondsmaeglerselskabet Maj Invest A/S for their services and products based on a percentage of assets under management, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fondsmaeglerselskabet Maj Invest A/S serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Fondsmaeglerselskabet Maj Invest A/S is pooled investment vehicles with 27 clients and $5.01 billion of assets under management. Among the 6 most similar advisory firms, Fondsmaeglerselskabet Maj Invest A/S has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.42 billion for 86 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 97% of the firm’s clients are foreign persons or businesses.

Fondsmaeglerselskabet Maj Invest A/S doesn't advise any private funds.

Careers at Fondsmaeglerselskabet Maj Invest A/S

The company employs 75 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter Nmn Mosbaek has served as the Chief Investment Officer since 1 Jun 2007 and Jeppe Fonager Christiansen is the Chief Executive Officer of Fondsmaeglerselskabet Maj Invest A/S family office. Anders Moller Olesen joined the executive team most recently as the Member Of The Board Of Directors.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Maj Invest Holding A/S Shareholder 1 Dec 2004 75% - 100% 28295480
Tommy Nmn Pedersen Chairman of the board of directors 1 Dec 2004 Other 6788114
Tommy Pedersen Chairman of the board of directors 1 Dec 2004 Other 6788114
Jeppe Fonager Christiansen Chief executive officer 1 May 2005 Other 6788108
Marianne Nmn Settnes Chief compliance officer 1 May 2005 Other 6788129
Marianne Settnes Chief compliance officer 1 May 2005 Other 6788129
Jens Nmn Hansen Finance manager 1 Aug 2005 Other 6788147
Jens Hansen Finance manager 1 Aug 2005 Other 6788147
Henrik Nmn Parkhoi Deputy chief executive officer 1 Mar 2007 Other 6788112
Henrik Parkhoi Deputy chief executive officer 1 Mar 2007 Other 6788112
Peter Nmn Mosbaek Chief investment officer 1 Jun 2007 Other 6788127
Peter Mosbaek Chief investment officer 1 Jun 2007 Other 6788127
Klaus Nmn Bentin Member of the board of directors 1 Apr 2009 Other 6788119
Klaus Bentin Member of the board of directors 1 Apr 2009 Other 6788119
Ruth Nmn Schade Member of the board of directors 1 Dec 2009 Other 6788118
Ruth Schade Member of the board of directors 1 Dec 2009 Other 6788118
Erik Preben Holm Managing director 1 Apr 2011 Other 6788110
Tomas Munksgard Hoff Member of the board of directors 1 Oct 2015 Other 6788120
Ken Bamberg Ernstsen Member of the board of directors 1 Oct 2015 Other 6788122
Tomas Hoff Munksgard Member of the board of directors 1 Oct 2015 Other 6788120
Henrik Nmn Andersen Member of the board of directors 1 Apr 2016 Other 6788115
Nils Nmn Bernstein Member of the board of directors 1 Apr 2016 Other 6788116
Henrik Andersen Member of the board of directors 1 Apr 2016 Other 6788115
Nils Bernstein Member of the board of directors 1 Apr 2016 Other 6788116
Anders Moller Olesen Member of the board of directors 1 Jan 2018 Other 6928254

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeppe Fonager Christiansen Shareholder 1 Oct 2015 25% - 50% 6788108
Emlika Aps Shareholder 1 Oct 2015 25% - 50% 34352526

Based in Copenhagen K

The principal office where Fondsmaeglerselskabet Maj Invest A/S performs its advisory services is located at 18 Gammeltorv, Copenhagen K, 1457 The mailing address of the firm is P.O.Box 93, Copenhagen K, 1003. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 45 33 38 73 00 or by fax 45 33 38 73 10. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at majinvest.com and its LinkedIn profile.