Incentive As (Oslo)

Name: Incentive As
Address: Filipstad Brygge 2, Oslo, 0252
Telephone: 0047 23 01 29 00

Incentive As is a large advisory firm based in Oslo. It manages $713.38 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2015.

Incentive As provides portfolio management for pooled investment vehicles 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.

Incentive As: assets under management

The assets under management (AUM) of Incentive As is $713.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 324% since the beginning of its operation, and $524.09 million of the total AUM is attributable to clients outside of the United States.

The firm manages $713.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $89.17 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Incentive As for their services and products based on a percentage of assets under management and performance-based fees. 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 Peter Ulrik Hammerich serves?

The firm provides services to insurance companies, investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, 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 Peter Ulrik Hammerich is sovereign wealth funds and foreign official institutions with 7 clients and $514.26 million of assets under management. Among the 8 most similar advisory firms, Incentive As has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $681.68 million for 43 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 27% of the firm’s clients are foreign persons or businesses.

Incentive As also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Incentive As

The company employs 4 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter Ulrik Hammerich has been acting as President since 1 Jul 2014. Hermann Alexander Kopp joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Incentive Holding As	Owner	1 Feb 2014	75% - 100%	foreign entity
Svein Rune Høgset	Managing director	1 Feb 2014	50% - 75%	6520473
Eide Gudrid	Chief compliance officer/chief financial officer	1 Mar 2014	Other	5065497
Peter Ulrik Hammerich	Chairman	1 Jul 2014	Other	6438963
Dan Niklas Antman	Director	1 Jul 2014	Other	6438966
Wollert Hvide	Director	1 Jul 2014	Other	6438969
Sector Asset Management As	Owner	1 Oct 2014	Other	foreign entity
Hermann Alexander Kopp	Director	1 Sep 2015	Other	6631829

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Høgset Holding As	Owner	1 Aug 2010	25% - 50%	foreign entity

Based in Oslo

The principal office where Incentive 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 23 01 29 00 or by fax 0047 23 01 29 01. The normal business hours are 8.45-4.00pm cet on Monday - Friday. You can find more information about the New York firm at sector.no/.