Formuesforvaltning is the largest privately-owned wealth management firm in the Nordic area. We manage approximately NOK 80 billion on behalf of families, institutions and organizations.
History
We take a long-term view with respect to the firm’s relationships and in preserving and developing the wealth of our clients.
We have a local presence across Norway with offices in all major cities, and additional offices in Stockholm, Gothenburg and Malmö serving a growing client base in Sweden. In June of 2014, Formuesforvaltning opened an office in London where a part of the investment team is now based.
With an active presence in London, Formuesforvaltning has strengthened its position as one of the leading Nordic wealth management firms. Formuesforvaltning was established in 2000 and today employs 220 people.
We offer our clients financial life management – a comprehensive wealth management journey for you and your family. We specialize in relationship management, best in class asset allocation and portfolio construction across all asset classes and specialized services that are relevant in your life.
Formuesforvaltning has made significant technology investments and can as a result offer tailored wealth management plans and the market’s most comprehensive reporting system.
Regulatory Approvals
Formuesforvaltning Aktiv Forvaltning AS and Burenstam & Partners AB are subsidiaries of Formuesforvaltning AS and are licenced by Finanstilsynet (Financial Supervisory Authority of Norway) and Finansinspektionen (Sweden) to provide the following investment services and activities:
- Reception and transmission of orders in relation to one or more financial instruments
- Execution of orders on behalf of clients (Norway only)
- Portfolio management
- Provision of investment advice
- Acting as nominee investor on behalf of beneficial owners
Board of directors
Ole Jacob Sunde
Chairman of the Board
Mr. Sunde holds an MBA, and has been educated at the Université de Fribourg (Switzerland) and the Kellogg School of Management, Northwestern University (USA). Mr Sunde founded Formuesforvaltning AS in 2000, and is chairman and the company’s largest shareholder. He established Industrifinans Forvaltning ASA in 1983 and was managing director and main shareholder of the firm until 2000. Previously, he was a consultant at McKinsey & Co. Mr Sunde serves as chairman of the board at Schibsted ASA and the Tinius foundation. He is a member of the board of directors of Her Royal Highness Princess Märtha Louise’s Fund.
Contact: Ole.Jacob.Sunde@formue.no
Petter Neslein
Board member
Mr. Neslein holds an MBA, and has been educated at the Université de Fribourg (Switzerland) and Columbia University (New York). Mr Neslein has been a member of the board of directors of Formuesforvaltning AS since 2003. He has been the managing director and the main shareholder of Pecunia AS since 1985. From 1983 to 1985, he was the managing director of Nevi Invest AS. Previously Mr Neslein was a consultant at The Boston Consulting Group. He serves as a board member at several investment firms.
Harald Mowinckel Troye
Board member
Mr. Mowinckel Troye holds an MBA and BBA from the University of Southern California and University of Wisconsin. He has been a member of the board of directors of Formuesforvaltning AS since 2006. He is currently managing director of Borea Holdings AS. Mr Mowinckel Troye has 19 years of experience from international and Norwegian finance and asset management. Previously, he was finance director of Vesta and he has had managerial positions in asset management organizations such as DnB and Skandia.
Alexander Heiberg
Board member
Mr. Heiberg holds a Master Cand. Jur. Degree at the University of Oslo, and is an accomplished lawyer in business and real estate law. He has been a member of of the Board of Directors of Formuesforvaltning AS since 2017, and has since 2012 been head of Formuesforvaltning’s legal and business services unit. In 2016, he also assumed responsibility for the Family Office advisory practice at the Company.
Liv Elise Saue Tøftum
Board member
Mrs. Tøftum holds an MS in Industrial Engineering from NTNU in Trondheim and University of Leipzig. She is Director of Analysis and Personalized Customer Relationships at Telenor Norway, where previously she was Director of Strategy. She was in Boston Consulting Group from 2005 to 2016. She has been a board member of Formuesforvaltning AS since 2018.
Formuesforvaltning believes a local presence strengthens the client relationship. To this end, we maintain local offices throughout Norway and Sweden, and are present in London.
