DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
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SEC-registered adviser
S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••
Latest filing Mar 30, 2026
First filing on the tape Mar 22, 2012 · 47 filings
SEC status approved since May 18, 1990
RAUM
$567M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
27
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$567M as of Mar 30, 2026
Mar 22, 2012$2.0B then
HNW client RAUM$0 as of Mar 30, 2026
Mar 29, 2024$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Jun 20, 20130 then
Employees (5.A)27 as of Mar 30, 2026
Jun 20, 201318 then
Private funds: no history
RAUM +11% over the last fiscal year-7.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $35.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 80%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutionsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$567M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 16reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A•••••• S••••••• · Director & Chief Investment Officercontrolsince 04/2024 · owns less than 5%
- A••••• Y••••• · Managing Directorcontrolsince 04/2024 · owns less than 5%
- S•••••• T••••••• · Directorcontrolsince 04/2024 · owns less than 5%
Entity owners
- S••••••• M••••• D• A•••• M••••••••• C••••••• L•••••• · Shareholderdirect · owns 75% or more
- S••••••• M••••• F•••••••• G••••• I••• · Indirect Shareholderindirect · owns 50% to 75% of S••••••• M••••• D• A•••• M••••••••• C••••••• L••••••
Related persons
Schedule D 7.A
- D•••• S••••••••• C•• L•••broker-dealern
- M••••• S••••••• I•••••••• C••••••• L••••••real estaten
- N•••• G••••• W••• L•••investment advisern
- S••• N•••• S••••••••• I•••broker-dealern
- S••••••• L••• I•••••••• C••••••real estaten
- S••••••• M••••• B•••••• C•••••••••n
- S••••••• M••••• D• A•••• M••••••••• ••••••••• P••• L•••investment advisern
- S••••••• M••••• D• A•••• M••••••••• ••• L••••••investment advisern
- S••• Asset Management, Inc.investment advisern
- S••••••• M••••• D• A•••• M••••••••• C••••••• L••••••investment adviseryRAUM $178B
- S••••••• M••••• D• P•••••• F••• M••••••••• ••••••••• C••• L••••investment advisern
Advisers that list S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 13 to 10Jun 25, 2025 to Mar 30, 2026
- Employees · 31 to 27Jun 25, 2025 to Mar 30, 2026
- Discretionary RAUM · $401M to $451MJun 25, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $111M to $116MJun 25, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $511M to $567MJun 25, 2025 to Mar 30, 2026
- RAUM · $511M to $567MJun 25, 2025 to Mar 30, 2026
- Financial planning clients · unset to May 5, 2025 to Jun 25, 2025
- Accounts · 20 to 16Oct 8, 2024 to Mar 26, 2025
- Pooled vehicle clients · 20 to 16Oct 8, 2024 to Mar 26, 2025
- HQ state · unset to Oct 8, 2024 to Mar 26, 2025
- Discretionary RAUM · $447M to $401MOct 8, 2024 to Mar 26, 2025
- Non-discretionary RAUM · $117M to $111MOct 8, 2024 to Mar 26, 2025
- Pooled vehicle RAUM · $564M to $511MOct 8, 2024 to Mar 26, 2025
- RAUM · $564M to $511MOct 8, 2024 to Mar 26, 2025
- Advisory employees · 14 to 13Jun 11, 2024 to Oct 8, 2024
- Accounts · 25 to 20Nov 20, 2023 to Mar 29, 2024
- Pooled vehicle clients · unset to 20.0Nov 20, 2023 to Mar 29, 2024
- Discretionary RAUM · $527M to $447MNov 20, 2023 to Mar 29, 2024
- HNW RAUM · unset to 0.0Nov 20, 2023 to Mar 29, 2024
- Individual RAUM · unset to 0.0Nov 20, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $188M to $117MNov 20, 2023 to Mar 29, 2024
- Pension RAUM · unset to 0.0Nov 20, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · unset to 563868782.0Nov 20, 2023 to Mar 29, 2024
- RAUM · $715M to $564MNov 20, 2023 to Mar 29, 2024
- Advisory employees · 18 to 14Mar 29, 2022 to Mar 29, 2023
- Advisory activities · 2 to 1Mar 29, 2022 to Mar 29, 2023
- Pooled vehicle clients · 1.0 to unsetMar 29, 2022 to Mar 29, 2023
- Discretionary RAUM · $587M to $527MMar 29, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $346M to $188MMar 29, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · 8843359.0 to unsetMar 29, 2022 to Mar 29, 2023
- RAUM · $933M to $715MMar 29, 2022 to Mar 29, 2023
- Accounts · 17 to 25Jan 10, 2022 to Mar 29, 2022
- Employees · 34 to 31Jan 10, 2022 to Mar 29, 2022
- Discretionary RAUM · $664M to $587MJan 10, 2022 to Mar 29, 2022
- Non-discretionary RAUM · $240M to $346MJan 10, 2022 to Mar 29, 2022
- Pooled vehicle RAUM · $10.3M to $8.8MJan 10, 2022 to Mar 29, 2022
- RAUM · $904M to $933MJan 10, 2022 to Mar 29, 2022
- Advisory employees · 22 to 18Nov 3, 2020 to Mar 23, 2021
- Employees · 38 to 34Nov 3, 2020 to Mar 23, 2021
- Discretionary RAUM · $656M to $664MNov 3, 2020 to Mar 23, 2021
Signals
23 dated events
- Ryota Sone (Director, Chief Operating Officer) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2024-04-16, absent 2024-06-11)Jun 11, 2024 · Control person left · inference
- Kazuhisa Shimbo (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2024-03-29, absent 2024-04-16)Apr 16, 2024 · Control person left · inference
- S••••• F••••••• (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2024-03-29, absent 2024-04-16)Apr 16, 2024 · Control person left · inference
- Naoto Nagai (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2024-03-29, absent 2024-04-16)Apr 16, 2024 · Control person left · inference
- Yuichi Awata (Managing Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Apr 16, 2024 · Control person joined · fact
- S••••••• Aizawa (Director & Chief Investment Officer) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Apr 16, 2024 · Control person joined · fact
- Takenari Suzuki (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Apr 16, 2024 · Control person joined · fact
- Ryota Sone (Director, Chief Operating Officer) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Apr 3, 2023 · Control person joined · fact
- Tsuyoshi Imai (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2023-03-29, absent 2023-04-03)Apr 3, 2023 · Control person left · inference
- S••••• F••••••• (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Sep 2, 2021 · Control person joined · fact
- Daisuke Churei (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2021-04-06, absent 2021-09-02)Sep 2, 2021 · Control person left · inference
- Tsuyoshi Imai (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Apr 6, 2021 · Control person joined · fact
- Naoya Miyagaki (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2021-03-23, absent 2021-04-06)Apr 6, 2021 · Control person left · inference
- Tetsuya Shimode (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2021-03-23, absent 2021-04-06)Apr 6, 2021 · Control person left · inference
- Naoto Nagai (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Sep 3, 2020 · Control person joined · fact
- T•••••••• M•••• (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2020-06-22, absent 2020-09-03)Sep 3, 2020 · Control person left · inference
- Kazuhisa Shimbo (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Jun 22, 2020 · Control person joined · fact
- S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• reported RAUM $895.6M, up 231% from $271.0M (2019-10-17 to 2020-03-25)Mar 25, 2020 · RAUM change · derived
- Hideomi Ozaki (Director) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2019-04-15, absent 2019-10-17)Oct 17, 2019 · Control person left · inference
- Junya Okada (Managing Director/Director/Chief Compliance Officer) no longer on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L•••••• (listed 2019-04-15, absent 2019-10-17)Oct 17, 2019 · Control person left · inference
- Naoya Miyagaki (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Oct 17, 2019 · Control person joined · fact
- Tetsuya Shimode (Managing Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Oct 17, 2019 · Control person joined · fact
- T•••••••• M•••• (Director) appeared on Schedule A of S••••••• M••••• D• A•••• M••••••••• •••• K•••• L••••••Oct 17, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Website
- smd-am.hkreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 852-2521-8883reportedpublic record, Form ADV, Mar 30, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026