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
E• F••• M••••••••• •••• K•••• C••• L••••••
Latest filing Mar 30, 2026
First filing on the tape Dec 13, 2013 · 16 filings
SEC status approved since Jan 6, 2014
RAUM
$16B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$444,439 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
99
22 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$16B as of Mar 30, 2026
Mar 24, 2015$4.9B then
HNW client RAUM$444,439 as of Mar 30, 2026
Mar 30, 2018$45,588 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 24, 20150 then
Employees (5.A)99 as of Mar 30, 2026
Mar 24, 201530 then
Private funds: 1
RAUM +26% over the last fiscal year+13% 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
- $444,439derivedHNW RAUM over HNW clients
- Average account
- $235MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 15%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
- +26%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- -67%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, publications, educational seminarsreportedItem 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)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$11B69%
- Banks and thrifts$2.3B15%
- Sovereign wealth funds$1.5B9.3%
- Insurance companies$845M5.4%
- Corporations and businesses$199M1.3%
- High-net-worth individuals$444,4390.0%
- Individual clients
- 0reported
- HNW clients
- 1reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 67reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.69 institutional_share=0.15 related_bd=true related_bank=true 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
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Y• F••• D• P• I• F••••• L•no longer reported | Private Equity Fund | $130M | 20 | Mar 25, 2016 |
Owners and control persons
Schedule A and B, latest filing
- F••• Y•• · Directorcontrolsince 05/2022 · owns less than 5%
- H••••• G••••• · Chief Executive Officercontrolsince 08/2012 · owns less than 5%
- L••• L••••• · Directorcontrolsince 08/2020 · owns less than 5%
- M•• J•• · Directorcontrolsince 02/2013 · owns less than 5%
- S•••• K•• · Directorcontrolsince 05/2023 · owns less than 5%
- W•••• X•• · Director , Co-Ceocontrolsince 12/2023 · owns less than 5%
- W•• X•••••• · Directorcontrolsince 08/2020 · owns less than 5%
- S••• F••• · Chief Operations Officersince 03/2022 · owns less than 5%
- T•••• W•• P•• · Managing Director, Legal And Compliancesince 06/2022 · owns less than 5%
Entity owners
- E• F••• I••••••••• H••••••• L•••••• · Shareholderdirect · owns 75% or more
- E• F••• M••••••••• C••• L•••••• · Shareholderindirect · owns 75% or more of E• F••• I••••••••• H••••••• L••••••
Related persons
Schedule D 7.A
- E• F••• M••••••••• C••• L••••••investment advisery
- G• S••••••••• C••• L••••••broker-dealery
- Y• F••• D• P• F••• G• L••investment adviserpooled vehicle sponsory
- Y• R••• C•••• I••••••••• L••••••investment adviserpooled vehicle sponsory
- Y••• C•••• C••••• S•••••• O••••••••• G• L••••••investment adviserpooled vehicle sponsory
- Y•••• C•••• C••••• S•••••• O••••••••• G• L••investment adviserpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- institutional asset share shiftChange between filings · filing Mar 30, 2026institutional share of RAUM moved from 46.0% to 31.0% between the annual amendments of 2025-03-27 and 2026-03-30peers: asset managers, $5B to $20B (684)
What changed
consecutive filings, newest first
- Accounts · 61 to 67Mar 27, 2025 to Mar 30, 2026
- Advisory employees · 24 to 22Mar 27, 2025 to Mar 30, 2026
- HNW clients · 3 to 1Mar 27, 2025 to Mar 30, 2026
- Pooled vehicle clients · 27 to 34Mar 27, 2025 to Mar 30, 2026
- Employees · 84 to 99Mar 27, 2025 to Mar 30, 2026
- Discretionary RAUM · $12B to $16BMar 27, 2025 to Mar 30, 2026
- HNW RAUM · $7.1M to $444,439Mar 27, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $6.8B to $11BMar 27, 2025 to Mar 30, 2026
- RAUM · $12B to $16BMar 27, 2025 to Mar 30, 2026
- Accounts · 67 to 61Mar 28, 2024 to Mar 27, 2025
- Advisory employees · 19 to 24Mar 28, 2024 to Mar 27, 2025
- Corporate clients · 20 to 16Mar 28, 2024 to Mar 27, 2025
- HNW clients · 0 to 3Mar 28, 2024 to Mar 27, 2025
- Individual clients · 3 to 0Mar 28, 2024 to Mar 27, 2025
- Pooled vehicle clients · 26 to 27Mar 28, 2024 to Mar 27, 2025
- Employees · 63 to 84Mar 28, 2024 to Mar 27, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 27, 2025
- HQ state · unset to Mar 28, 2024 to Mar 27, 2025
- Discretionary RAUM · $14B to $12BMar 28, 2024 to Mar 27, 2025
- HNW RAUM · $0 to $7.1MMar 28, 2024 to Mar 27, 2025
- Individual RAUM · $6.9M to $0Mar 28, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $7.0B to $6.8BMar 28, 2024 to Mar 27, 2025
- RAUM · $14B to $12BMar 28, 2024 to Mar 27, 2025
- Accounts · 58 to 67Mar 7, 2023 to Mar 28, 2024
- Advisory employees · 20 to 19Mar 7, 2023 to Mar 28, 2024
- Corporate clients · 16 to 20Mar 7, 2023 to Mar 28, 2024
- Pooled vehicle clients · 24 to 26Mar 7, 2023 to Mar 28, 2024
- Assets in custody · 5371673688.0 to unsetMar 7, 2023 to Mar 28, 2024
- Custody of client assets · true to falseMar 7, 2023 to Mar 28, 2024
- Employees · 67 to 63Mar 7, 2023 to Mar 28, 2024
- Discretionary RAUM · $11B to $14BMar 7, 2023 to Mar 28, 2024
- Individual RAUM · $8.9M to $6.9MMar 7, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $4.9B to $7.0BMar 7, 2023 to Mar 28, 2024
- RAUM · $11B to $14BMar 7, 2023 to Mar 28, 2024
- Advisory employees · 19 to 20Jul 4, 2022 to Mar 7, 2023
- Corporate clients · 20 to 16Jul 4, 2022 to Mar 7, 2023
- HNW clients · 3 to 0Jul 4, 2022 to Mar 7, 2023
- Individual clients · 0 to 3Jul 4, 2022 to Mar 7, 2023
- Pooled vehicle clients · 25 to 24Jul 4, 2022 to Mar 7, 2023
- Assets in custody · $4.6B to $5.4BJul 4, 2022 to Mar 7, 2023
Signals
20 dated events
- E• F••• M••••••••• •••• K•••• C••• L•••••• reported RAUM $15.7B, up 26% from $12.5B (2025-03-27 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- E• F••• M••••••••• •••• K•••• C••• L•••••• reported RAUM $14.0B, up 27% from $11.0B (2023-03-07 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Xue Wang (Director , Co-Ceo) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 28, 2024 · Control person joined · fact
- Yue Fan (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 28, 2024 · Control person joined · fact
- Kun S••• (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 28, 2024 · Control person joined · fact
- R••• C••• (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2023-03-07, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- D•••••• Yang (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2023-03-07, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- L••••• C••• (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2022-07-04, absent 2023-03-07)Mar 7, 2023 · Control person left · inference
- D•••••• Yang (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 23, 2022 · Control person joined · fact
- Xiaoyan Liu (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2020-03-26, absent 2021-03-22)Mar 22, 2021 · Control person left · inference
- Lizhou Lou (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 22, 2021 · Control person joined · fact
- Xinrong Wu (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 22, 2021 · Control person joined · fact
- E• F••• M••••••••• •••• K•••• C••• L•••••• reported RAUM $8.3B, up 25% from $6.7B (2019-03-27 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- E• F••• M••••••••• •••• K•••• C••• L•••••• reported RAUM $6.7B, up 27% from $5.2B (2018-03-30 to 2019-03-27)Mar 27, 2019 · RAUM change · derived
- Youzao Zhang (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2018-03-30, absent 2019-03-27)Mar 27, 2019 · Control person left · inference
- Yue Fan (Director) no longer on Schedule A of E• F••• M••••••••• •••• K•••• C••• L•••••• (listed 2018-03-30, absent 2019-03-27)Mar 27, 2019 · Control person left · inference
- L••••• C••• (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 27, 2019 · Control person joined · fact
- R••• C••• (Director) appeared on Schedule A of E• F••• M••••••••• •••• K•••• C••• L••••••Mar 27, 2019 · Control person joined · fact
- E• F••• M••••••••• •••• K•••• C••• L•••••• reported RAUM $5.2B, up 45% from $3.6B (2017-03-20 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
- E• F••• M••••••••• •••• K•••• C••• L•••••• filed its initial SEC registration (Form ADV)Dec 13, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- E• F••• M••••••••• •••• K•••• C••• L•••••• · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- w••.e•••••.c••.hkreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 852-3929-0988reportedpublic 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