{"url":"https://nivawealth.com/firms/fondsmaeglerselskabet-maj-invest-a-s-288223","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288223","regulatoryAum":11116436484,"crd":"288223","secFileNumber":"801-110563","legalName":"Fondsmaeglerselskabet Maj Invest A/S","displayName":"Fondsmaeglerselskabet Maj Invest A/S","website":null,"linkedinUrl":"https://www.linkedin.com/company/240484","founded":null,"organization":"other (specify) organized in Denmark","fiscalYearEnd":"December","headquarters":{"street":"18 Gammeltorv","city":"Copenhagen K","state":"","stateName":"","country":"Denmark","postalCode":"1457"},"tradeNames":["Investissement Fonds Maj","Maj Invest Asset Management Fondsmaeglerselskab A/S"],"registration":{"secApproved":"23 June 2017","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":67,"advisory":47,"brokerDealerReps":0,"insuranceAgents":0,"promoters":3},"aum":{"discretionary":9048352528,"discretionaryAccounts":75,"nonDiscretionary":2068083956,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":94,"nonAumClients":16},"clientTypes":[{"label":"Individuals (other than HNW)","clients":3,"regulatoryAum":81322998},{"label":"High-net-worth individuals","clients":17,"regulatoryAum":31310822},{"label":"Pooled investment vehicles","clients":42,"regulatoryAum":9450611546},{"label":"Pension and profit-sharing plans","clients":5,"regulatoryAum":749512152},{"label":"Charitable organizations","clients":6,"regulatoryAum":18599023},{"label":"State or municipal government entities","clients":1,"regulatoryAum":80051625},{"label":"Other investment advisers","clients":1,"regulatoryAum":124644286},{"label":"Insurance companies","clients":1,"regulatoryAum":50285826},{"label":"Corporations and other businesses","clients":8,"regulatoryAum":530098206}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Canadian Imperial Bank of Commerce","shortName":"Canadian Imperial Bank of Commerce","location":"Toronto","smaAssets":347452802},{"name":"Danske Bank A/S","shortName":"Danske Bank A/S","location":"Copenhagen","smaAssets":372580479}],"custodyNote":"Fondsmaeglerselskabet Maj Invest A/S does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jeppe Christiansen","title":"Chief Executive Officer","crd":"6788108"},{"name":"Gitte Bech","title":"Member of the Board of Directors","crd":"7891188"},{"name":"Peter Busk","title":"Member of Board of Directors","crd":"8068106"},{"name":"Karsten Dalsjo","title":"Member of the Board of Directors","crd":"7994569"},{"name":"Klaus Godiksen","title":"Managing Director, Head of Asset Management","crd":"2737933"},{"name":"Astrid Haug","title":"Member of Board of Directors","crd":"8046560"},{"name":"Dennis Helsengreen","title":"Finance Manager","crd":"7962155"},{"name":"Soren Jacobsen","title":"Managing Director, Risk & Investment Operations","crd":"8242284"},{"name":"Henrik Parkhoei","title":"Chairman of the Board of Directors","crd":"7890752"},{"name":"Marianne Settnes","title":"Managing Director and General Counsel","crd":"6788129"},{"name":"Kirsten Slot","title":"Member of the Board of Directors","crd":"7356084"},{"name":"Jorgen Tang-Jensen","title":"Member of the Board of Directors","crd":"7090097"}],"ownership":[{"label":"Maj Invest Holding A/S","detail":"Shareholder in the 75% or more ownership band and a control person, since December 2004."},{"label":"Jeppe Christiansen","detail":"Indirect owner: a shareholder of Jekc Holding Aps in the 25% to 50% band and a control person, since October 2015.","parent":"Jekc Holding Aps"},{"label":"Jekc Holding Aps","detail":"Indirect owner: a shareholder of Maj Invest Holding A/S in the 25% to 50% band and a control person, since October 2019.","parent":"Maj Invest Holding A/S"},{"label":"Emilie Christiansen","detail":"Indirect owner: a shareholder of Jekc Holding Aps in the 25% to 50% band, since October 2019.","parent":"Jekc Holding Aps"},{"label":"Kasper Christiansen","detail":"Indirect owner: a shareholder of Jekc Holding Aps in the 25% to 50% band, since October 2019.","parent":"Jekc Holding Aps"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"453-338-7300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Commissions","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":22},{"label":"Other","percent":21,"detail":"Assets in \"other\" Is Mortage Backed Securities Issued by Special Purpose Vehicles in Denmark."}],"privateFunds":1},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288223/PDF/288223.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Fondsmaeglerselskabet Maj Invest A/S have?","answer":"Fondsmaeglerselskabet Maj Invest A/S has 84 clients and manages $11.1 billion for them, as of March 2026. They include 42 pooled investment vehicles, 17 high-net-worth individuals and 8 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Fondsmaeglerselskabet Maj Invest A/S offer?","answer":"Fondsmaeglerselskabet Maj Invest A/S provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Fondsmaeglerselskabet Maj Invest A/S use?","answer":"Fondsmaeglerselskabet Maj Invest A/S’s separately managed account assets are held at Danske Bank A/S (Copenhagen), with $372,580,479 and Canadian Imperial Bank of Commerce (Toronto), with $347,452,802. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Fondsmaeglerselskabet Maj Invest A/S have?","answer":"Fondsmaeglerselskabet Maj Invest A/S has 0 investment adviser representatives registered with state securities authorities, out of 67 employees, and 47 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Fondsmaeglerselskabet Maj Invest A/S invest in?","answer":"At the end of its last fiscal year, Fondsmaeglerselskabet Maj Invest A/S’s separately managed accounts held 55% exchange-traded equities, 22% pooled vehicles (private funds and similar), 21% assets in \"other\" is mortage backed securities issued by special purpose vehicles in denmark., 1% sovereign bonds and 1% investment grade corporate bonds. It advises 1 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Fondsmaeglerselskabet Maj Invest A/S?","answer":"Fondsmaeglerselskabet Maj Invest A/S is owned through a chain of holding companies by Jeppe and Emilie and Kasper Christiansen. Its direct owner is Maj Invest Holding A/S (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Fondsmaeglerselskabet Maj Invest A/S get paid?","answer":"Fondsmaeglerselskabet Maj Invest A/S is paid through a percentage of assets under management, fixed fees, commissions and performance-based fees.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}