Nordea Investment Management North America, Inc. (New York)


Nordea Investment Management North America, Inc. is a large advisory firm based in New York. It manages $2.59 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2001.

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Nordea Investment Management North America provides portfolio management for investment companies and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nordea Investment Management North America: assets under management

The assets under management (AUM) of Nordea Investment Management North America, Inc. is $2.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 600% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $2.59 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $646.43 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nordea Investment Management North America, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Henrik Mikael Von Knorring serves?

The only and largest group of clients of Henrik Mikael Von Knorring is investment companies with 1 clients and $442.97 million of assets under management. Among the 8 most similar advisory firms, Nordea Investment Management North America has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $442.97 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Nordea Investment Management North America doesn't advise any private funds.

Careers at Nordea Investment Management North America, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

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

Henrik Mikael Von Knorring has been acting as President since 1 Aug 2014. Marek Jan Ryden joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Peter Nyegaard Director 1 Nov 1998 Other 3158842
Henrik Bak Chairman of the board and president 1 Sep 2000 Other 2596064
Joseph Loffredo Chief financial officer 1 Sep 2000 Other 4211672
Gerard Stephen Murphy Director 1 Sep 2000 Other 4286330
Finn Benny Pedersen Director 1 Sep 2000 Other 2860163
Ole Althof Jacobsen Director 1 Sep 2000 Other 4305753
Andrew Irving Stuttaford General securities principal 1 Nov 2000 Other 2140256
Nordea Asset Management Bank Danmark A/S Owner 1 Dec 2001 75% - 100% foreign
Nordea Investment Management Bank Danmark A/S Owner 1 Dec 2001 75% - 100% foreign
Henrik Priergaard Nielsen Chairman 1 Nov 2002 Other 4617197
Leon Svejgaard Pedersen Director 1 Nov 2002 Other 4617199
Klaus Mose Godiksen Director/president/ceo 1 Mar 2003 Other 2737933
Lars Mathiesen Director 1 Mar 2003 Other 4685133
Jarrett Glen Singer Chief financial officer & chief compliance officer 1 Mar 2004 Other 2576437
Nordea Investment Management Ab Owner 1 Jul 2005 75% - 100% foreign
Nordea Investment Management Sverige Ab Owner 1 Jul 2005 75% - 100% foreign
Eivind Kjelsrud Lorgen Director 1 Nov 2007 Other 5453328
Carlo Tapio Erakallio Chairman & director 1 Nov 2007 Other 5453330
Kim Thelle Pilgaard Chairman & director 1 May 2008 Other 5532426
Klaus Mose Godiksen Senior vice president 1 Jul 2011 Other 2737933
Kim Thelle Pilgaard Ceo & president 1 Jul 2011 Other 5532426
Ulrik Modigh Chariman & director 1 Aug 2014 Other 6382996
Henrik Mikael Von Knorring Director 1 Aug 2014 Other 6382992
Britta Hjorth Larsen Director 1 Aug 2014 Other 6382989
Thomas Nehring Ceo & president 1 Mar 2015 Other 6458710
Jessica Elisabeth Malmfors Chairman & director 1 Dec 2015 Other 6588688
Eivind Kjelsrud Lorgen Ceo & president 1 Jan 2016 Other 5453328
Lisa Yvette Ruiz Chief compliance officer 1 Apr 2016 Other 6377247
Marek Jan Ryden Director 1 Sep 2018 Other 7039722

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nordea Bank A.B. Owner 1 Dec 2001 75% - 100% foreign
Nordea Bank Abp Owner 1 Dec 2001 75% - 100% foreign
Nordea A.B. Sweden Owner 1 Dec 2001 75% - 100% foreign
Nordea Asset Managment A.B. Sweden Owner 1 Dec 2001 75% - 100% foreign
Nordea Asset Management Bank Denamark A/S Denmark Owner 1 Dec 2001 75% - 100% foreign
Nordea Investment Management Bank Denamark A/S Denmark Owner 1 Dec 2001 75% - 100% foreign
Nordea Asset Managment A.B. Sweden Owner 1 Jul 2005 75% - 100% foreign
Nordea Asset Management Holding Ab Owner 1 Oct 2017 75% - 100% foreign

Based in New York

The principal office where Nordea Investment Management North America, Inc. performs its advisory services is located at 1211 Avenue Of The Americas, New York, NY 10036, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-318-9300 or by fax 212-603-2859. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at nordea.com.