Sector Omega As (Oslo)


Sector Omega As is a large advisory firm based in Oslo. It manages $288.34 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2011.

Sector Omega As provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sector Omega As: assets under management

The assets under management (AUM) of Sector Omega As is $288.34 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -75% since the beginning of its operation, and $1.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $288.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.11 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sector Omega As for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Hvide Wollert serves?

The firm provides services to individuals, insurance companies, investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, business development companies, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Hvide Wollert is investment companies with 6 clients and $76.53 million of assets under management. Among the 8 most similar advisory firms, Sector Omega As has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $222.39 million for 100 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Sector Omega As also advises several private funds.

Careers at Sector Omega As

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Hvide Wollert has been acting as President since 1 Dec 1999. Arild Blikom joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Peter Aronsen Andersland Ceo and director 1 Dec 1999 25% - 50% 5065493
Hvide Wollert Director 1 Dec 1999 Other 5065496
Eide Gudrid Cfo and cco 1 Jun 2000 Other 5065497
Sector Asset Management As Shareholder class b, c and d 1 Jun 2004 25% - 50% foreign entity
Prieren As Shareholder class a 1 Jun 2004 25% - 50% foreign entity
Gamma Capital As Shareholder class a, c and d 1 Jul 2004 25% - 50% foreign entity
Hanna Kaisa Nikkanen Director 1 Nov 2006 Other 5067369
Fek As Shareholder class c and d 1 Jan 2007 Other foreign
Cecilie Gjedebo Andersland Director 1 Mar 2007 25% - 50% 5513188
Heidi Roenningen Cco 1 Jul 2008 Other 5637319
Dag Erik Rasmussen Chairman 1 Sep 2009 Other 5766739
Arild Blikom Director 1 Mar 2012 Other 6038047

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Hvide Wollert Shareholder 1 Jun 2004 25% - 50% 5065496
Peter Aronsen Andersland Shareholder 1 Jul 2004 50% - 75% 5065493
Cecilie Gjedebo Andersland Shareholder and spouse of shareholder 1 Jul 2004 50% - 75% 5513188

Based in Oslo

The principal office where Sector Omega As performs its advisory services is located at Filipstad Brygge 2, Oslo, 0252 The mailing address of the firm is P.O.Box 1994 Vika, Oslo, 0125. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 0047 2301 2900 or by fax 0047 2301 2901. The normal business hours are 8.45am-4.00pm cet on Monday - Friday. You can find more information about the New York firm at sector.no.