AdvisorCensus by AdvisorSEO Max

AdvisorCensus / Financial advisors / Fondsmaeglerselskabet MAJ Invest A/S

Fondsmaeglerselskabet MAJ Invest A/S

Copenhagen K, DenmarkSEC-registered investment adviserCRD 288223

Filed as FONDSMAEGLERSELSKABET MAJ INVEST A/S

Fondsmaeglerselskabet MAJ Invest A/S is an SEC-registered investment advisory firm in Copenhagen K, Denmark, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

9 years
registered since 2017
$11,116,436,484
assets under management
4 arrangements
Percentage of assets, Fixed fees and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is Fondsmaeglerselskabet MAJ Invest A/S compensated?

On its Form ADV (Item 5.E, October 2026), Fondsmaeglerselskabet MAJ Invest A/S reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

Where is Fondsmaeglerselskabet MAJ Invest A/S located?

Fondsmaeglerselskabet MAJ Invest A/S' principal office is in Copenhagen K, Denmark, according to its Form ADV.

Is Fondsmaeglerselskabet MAJ Invest A/S registered with the SEC or a state?

Fondsmaeglerselskabet MAJ Invest A/S is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288223.

How much does Fondsmaeglerselskabet MAJ Invest A/S manage?

Fondsmaeglerselskabet MAJ Invest A/S reports $11,116,436,484 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (81% discretionary).

How have Fondsmaeglerselskabet MAJ Invest A/S' assets and staff changed since 2021?

In the Form ADV data for Fondsmaeglerselskabet MAJ Invest A/S: Regulatory assets under management: $15,343,461,784 in the October 2021 data and $11,116,436,484 in the October 2026 data, down 28%. Total employees: 78 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Fondsmaeglerselskabet MAJ Invest A/S serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (42); high net worth individuals (17); corporations or other businesses not listed above (8).

Which custodians does Fondsmaeglerselskabet MAJ Invest A/S use?

Fondsmaeglerselskabet MAJ Invest A/S' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists CIBC Mellon and Danske Bank as custodians holding 10% or more of its separately managed account assets.

Does Fondsmaeglerselskabet MAJ Invest A/S report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288223

What changed in Fondsmaeglerselskabet MAJ Invest A/S' recent Form ADV filings?

In the April 2026 filing data: Employees performing advisory functions went from 46 to 47. Updated its list of owners and control persons (Schedule A).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)
  • Commissions
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 23, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$11,116,436,484

$11,116,436,484 as of October 2026, filing dated March 23, 2026.

Discretionary: $9,048,352,528.Non-discretionary: $2,068,083,956.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 3 Assets $81,322,998 (1%)
High net worth individuals
Clients 17 Assets $31,310,822 (0%)
Banking or thrift institutions
Clients Fewer than 5 Assets $0 (0%)
Investment companies
Clients 0 Assets $0 (0%)
Business development companies
Clients 0 Assets $0 (0%)
Pooled investment vehicles (other than investment companies and business development companies)
Clients 42 Assets $9,450,611,546 (85%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 5 Assets $749,512,152 (7%)
Charitable organizations
Clients 6 Assets $18,599,023 (0%)
State or municipal government entities (including government pension plans)
Clients 1 Assets $80,051,625 (1%)
Other investment advisers
Clients 1 Assets $124,644,286 (1%)
Insurance companies
Clients 1 Assets $50,285,826 (0%)
Sovereign wealth funds and foreign official institutions
Clients Fewer than 5 Assets $0 (0%)
Corporations or other businesses not listed above
Clients 8 Assets $530,098,206 (5%)
Other
Clients 0 Assets $0 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • 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

Registration and firm details

Items 1, 2, 5
Also doing business as
INVESTISSEMENT FONDS MAJ, MAJ INVEST ASSET MANAGEMENT FONDSMAEGLERSELSKAB A/S
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2017 (9 years)
Employees
Total: 67. Performing investment advisory functions: 47.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))
CIBC MellonDanske Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

States registered or notice-filed
Not reported.

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$15.3B 2021 $17.8B 2022 $12B 2023 $11.7B 2024 $10.7B 2025 $11.1B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$11,116,436,48467March 23, 2026
October 2025$10,749,485,86572March 31, 2025
October 2024$11,724,502,20492July 23, 2024
October 2023$12,000,178,73382March 22, 2023
October 2022$17,804,835,13080March 30, 2022
October 2021$15,343,461,78478March 30, 2021

Regulatory assets under management: $15,343,461,784 in the October 2021 data and $11,116,436,484 in the October 2026 data, down 28%.

Total employees: 78 in October 2021 and 67 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Employees performing advisory functions went from 46 to 47.
    • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
majinvest.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Fondsmaeglerselskabet MAJ Invest A/S (CRD 288223): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/fondsmaeglerselskabet-maj-invest-a-s-copenhagen-k-288223