Connectum Capital Management AS

Overview

Finanstilsynet lists Connectum Capital Management AS as a Norwegian investment firm, known in the register as a “verdipapirforetak.”¹ The firm is headquartered in Oslo and may conduct cross border business from Norway.¹ Connectum describes itself as partner owned and self financed.²

History

Connectum says it was established in 2002 by Nils Odd Tønnevold and Richard Stott, with support from Børre Moe and Brynjulf Freberg.³ Finanstilsynet records the firm’s registration date as 1 November 2007.¹ Henrik Tell began collaborating with Connectum in 2015 and became a partner and co owner in 2019.³ The firm identifies Tell as a former fund manager and Head of Öhman Fonder.³ Connectum’s timeline states that Tone Bjørnov became Chair of the Board and Marianne Moum Ussvær became CEO in 2025.³

Timeline

1. 2002Connectum says it was established in 2002 by Nils Odd Tønnevold and Richard Stott, with support from Børre Moe and Brynjulf Freberg.
2. 2007Finanstilsynet records the firm’s registration date as 1 November 2007.
3. 2015Henrik Tell began collaborating with Connectum in 2015 and became a partner and co owner in 2019.
4. 2025Connectum’s timeline states that Tone Bjørnov became Chair of the Board and Marianne Moum Ussvær became CEO in 2025.

Leadership

Connectum lists Dr. Nils Odd Tønnevold as founding partner and Richard Stott as founding partner and CIO.⁴ Henrik Tell is listed as partner at Connectum Sweden.⁴ Marianne Moum Ussvær is listed as CEO.⁴ The team also includes Mazen Younes and Karlo Basic as financial advisors, and Petter Dyrkorn as financial analyst.⁴

Services

Finanstilsynet authorises Connectum to receive and transmit orders for financial instruments and to provide investment advice.¹ The register also lists preparation and distribution of investment recommendations, financial analyses and similar material as an authorised ancillary service.¹

Connectum says initial work commonly begins with a second opinion or independent evaluation.⁷ This work can lead to an investment strategy or a comprehensive financial plan.⁷ Ongoing wealth management and investment advice include advice, portfolio follow up, monitoring, rebalancing, reallocation and reporting.⁷ The firm states that its typical annual fee range is 0.5% to 1.5% of portfolio value, depending on portfolio size and complexity.⁷

Client focus

Connectum presents owners and entrepreneurs, professionals and leaders, families with complex wealth, and expats and internationals as target client groups.⁶ Its family wealth service addresses structure, decision making and long term management across generations.⁸

Investment philosophy and approach

Connectum says its process begins by understanding a client’s situation, goals, needs, time horizon, risk profile and constraints before investment decisions are made.⁵ The firm then develops a structured investment strategy, implements it and monitors it over time.⁶ It says the strategy can be adjusted when circumstances or priorities change.⁶

The firm describes portfolios as broadly diversified and systematically managed using documented academic evidence.⁵ Connectum says it receives no commissions or product incentives and has no ties to fund managers, banks or other providers.² It does not sell proprietary products and selects among available market solutions.² Connectum says its approach is unsuitable for clients focused on short term market movements, speculation or isolated individual investments.⁸

FAQs

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Sources

1. Finanstilsynet register , accessed 2026-10-23.
2. Connectum about page , accessed 2026-10-23.
3. Connectum history , accessed 2026-10-23.
4. Connectum team , accessed 2026-10-23.
5. The Connectum model , accessed 2026-10-23.
6. Connectum home page , accessed 2026-10-23.
7. Connectum prices , accessed 2026-10-23.
8. Family wealth management , accessed 2026-10-23.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.