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

A•••••• G••••• I•••••••• A••• P•••••• L••••••

Asset manager (funds and pooled vehicles)Hong Kong, CRD 289358SEC 801-111691websiteIAPD
Latest filing May 27, 2026
First filing on the tape Aug 16, 2017 · 26 filings
SEC status approved since Sep 15, 2017
RAUM
$15B
reported, Item 5.F
Discretionary
98%
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
118
59 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$15B as of May 27, 2026
Mar 29, 2018$15B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 27, 2026
Mar 29, 20180 then
Employees (5.A)118 as of May 27, 2026
Mar 29, 2018110 then
Private funds: no history
RAUM +17% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 27, 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
$203MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
8.1%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
+17%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 institutions, portfolio management for pooled vehiclesreportedItem 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
  • 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$14B89%
  • Pension and profit-sharing plans$795M5.1%
  • Other investment advisers$376M2.4%
  • State and municipal entities$287M1.9%
  • Insurance companies$177M1.1%
  • Corporations and businesses$20.1M0.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
10reported
Charitable clients
n/areported
Accounts
76reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.92 institutional_share=0.08 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
      • C•••• R••••••• C•• K•••• · Chief Investment Officer Equity A••• P•••••• & Directorcontrol
        since 09/2006 · owns less than 5%
      • L•••• W•• W•• · Chief Financial Officer, A••• P•••••• & Directorcontrol
        since 05/2024 · owns less than 5%
      • N•• D••••••• K• Y•• · Head Of A••• P•••••• & Directorcontrol
        since 06/2015 · owns less than 5%
      • S•••••• K••••• · Chief Operating Officer, A••• P•••••• & Directorcontrol
        since 08/2022 · owns less than 5%
      • Y•• T•• L•••• •••• · Head Of Sales, Greater China & South East A••• Retail & Directorcontrol
        since 01/2016 · owns less than 5%
      • T•••• M•••••• H•• T••• · Chief Compliance Officer
        since 10/2023 · owns less than 5%
      Entity owners
      • A•••••• G••••• I•••••••• G••• · Shareholder
        direct · owns 75% or more
      • A•••••• A•••• M••••••••• G••• · Stockholder
        indirect · owns 75% or more of A•••••• G••••• I•••••••• G•••
      • A•••••• S• · Stockholder
        indirect · owns 75% or more of A•••••• A•••• M••••••••• G•••
      Related persons
      Schedule D 7.A
      • A•••••• C•••••• P••••••• G•••
        investment advisern
      • A•••••• C•••••• P••••••• O• A•••••• L••
        investment advisernRAUM $6.4B
      • A•••••• G••••• I•••••••• •••••••• A•
        investment advisern
      • A•••••• G••••• I•••••••• F••• M••••••••• C••• L•••
        investment advisern
      • A•••••• G••••• I•••••••• G•••
        investment adviserpooled vehicle sponsorLP sponsory
      • A•••••• G••••• I•••••••• J•••• C••• L•••
        investment advisern
      • A•••••• G••••• I•••••••• O••••••• A•••• M••••••••• L••••••
        investment advisery
      • A•••••• G••••• I•••••••• S•••••••• L•••
        investment adviserpooled vehicle sponsorn
      • A•••••• G••••• I•••••••• T••••• L•••
        investment adviserpooled vehicle sponsorn
      • A•••••••• U• L••
        investment advisern
      • P•••• E••••• L•••
        investment advisern
      • P• A•••••• G••••• I•••••••• A•••• M••••••••• I••••••••
        investment advisery
      Advisers that list A•••••• G••••• I•••••••• A••• P•••••• L•••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 78 to 76
        Jun 17, 2025 to Mar 31, 2026
      • Advisory employees · 64 to 59
        Jun 17, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 55 to 54
        Jun 17, 2025 to Mar 31, 2026
      • Employees · 122 to 118
        Jun 17, 2025 to Mar 31, 2026
      • Discretionary RAUM · $13B to $15B
        Jun 17, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $277M to $343M
        Jun 17, 2025 to Mar 31, 2026
      • Pension RAUM · $625M to $795M
        Jun 17, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $12B to $14B
        Jun 17, 2025 to Mar 31, 2026
      • RAUM · $13B to $15B
        Jun 17, 2025 to Mar 31, 2026
      • Financial planning clients · 0 to 0
        Apr 15, 2025 to Jun 17, 2025
      • Advisory employees · 63 to 64
        Aug 9, 2024 to Apr 15, 2025
      • Pension plan clients · 9 to 10
        Aug 9, 2024 to Apr 15, 2025
      • Pooled vehicle clients · 53 to 55
        Aug 9, 2024 to Apr 15, 2025
      • Employees · 124 to 122
        Aug 9, 2024 to Apr 15, 2025
      • HQ state · unset to
        Aug 9, 2024 to Apr 15, 2025
      • Discretionary RAUM · $15B to $13B
        Aug 9, 2024 to Apr 15, 2025
      • Non-discretionary RAUM · $367M to $277M
        Aug 9, 2024 to Apr 15, 2025
      • Pension RAUM · $322M to $625M
        Aug 9, 2024 to Apr 15, 2025
      • Pooled vehicle RAUM · $13B to $12B
        Aug 9, 2024 to Apr 15, 2025
      • RAUM · $15B to $13B
        Aug 9, 2024 to Apr 15, 2025
      • Related bank · true to false
        Aug 9, 2024 to Apr 15, 2025
      • Related broker-dealer · false to true
        Aug 9, 2024 to Apr 15, 2025
      • Accounts · 101 to 78
        Dec 19, 2023 to Mar 28, 2024
      • Advisory employees · 67 to 63
        Dec 19, 2023 to Mar 28, 2024
      • Pension plan clients · 27 to 9
        Dec 19, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 46 to 53
        Dec 19, 2023 to Mar 28, 2024
      • Employees · 116 to 124
        Dec 19, 2023 to Mar 28, 2024
      • Discretionary RAUM · $22B to $15B
        Dec 19, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $369M to $367M
        Dec 19, 2023 to Mar 28, 2024
      • Pension RAUM · $7.3B to $322M
        Dec 19, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $12B to $13B
        Dec 19, 2023 to Mar 28, 2024
      • RAUM · $22B to $15B
        Dec 19, 2023 to Mar 28, 2024
      • Accounts · 87 to 101
        Nov 2, 2022 to Mar 30, 2023
      • Advisory employees · 68 to 67
        Nov 2, 2022 to Mar 30, 2023
      • Pension plan clients · 25 to 27
        Nov 2, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 39 to 46
        Nov 2, 2022 to Mar 30, 2023
      • Employees · 123 to 116
        Nov 2, 2022 to Mar 30, 2023
      • Discretionary RAUM · $31B to $22B
        Nov 2, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $720M to $369M
        Nov 2, 2022 to Mar 30, 2023
      • Pension RAUM · $6.3B to $7.3B
        Nov 2, 2022 to Mar 30, 2023
      Signals
      12 dated events
      • A•••••• G••••• I•••••••• A••• P•••••• L•••••• reported RAUM $15.2B, down 32% from $22.5B (2023-12-19 to 2024-03-28)
        Mar 28, 2024 · ria raum c•••ge · derived
      • A•••••• G••••• I•••••••• A••• P•••••• L•••••• reported RAUM $22.5B, down 28% from $31.4B (2022-11-02 to 2023-03-30)
        Mar 30, 2023 · ria raum c•••ge · derived
      • K••• C••• A••• Jong (Head Of Technology And Operations Asia Pacific & Director) no longer on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L•••••• (listed 2022-11-02, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • Khalil Soubra (Coo Asia Pacific) appeared on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L••••••
        Mar 30, 2023 · Control person joined · fact
      • (Nmn) Daniel Lehmann (Chief Operations Officer & Director) no longer on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L•••••• (listed 2021-03-31, absent 2021-06-15)
        Jun 15, 2021 · Control person left · inference
      • K••• C••• A••• Jong (Head Of Technology And Operations Asia Pacific & Director) appeared on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L••••••
        Jun 15, 2021 · Control person joined · fact
      • Wun Wun Lung (Head Of Global Policies/Head Of Business Partnering & Finance Ap & Director) appeared on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L••••••
        Jun 15, 2021 · Control person joined · fact
      • A•••••• G••••• I•••••••• A••• P•••••• L•••••• reported RAUM $27.3B, up 108% from $13.1B (2020-03-31 to 2021-03-31)
        Mar 31, 2021 · ria raum c•••ge · derived
      • (Nmn) Kam Wah Ip (Chief Financial Officer & Director) no longer on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L•••••• (listed 2020-03-31, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Ernst Ferdinand Andreas Utermann (Global Chief Investment Officer) no longer on Schedule A of A•••••• G••••• I•••••••• A••• P•••••• L•••••• (listed 2019-03-29, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • A•••••• G••••• I•••••••• A••• P•••••• L•••••• reported RAUM $15.3B, up 31% from $11.7B (2018-01-31 to 2018-03-29)
        Mar 29, 2018 · ria raum c•••ge · derived
      • A•••••• G••••• I•••••••• A••• P•••••• L•••••• filed its initial SEC registration (Form ADV)
        Aug 16, 2017 · ria first adv fil••• · 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
      AP.A••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      +852 2238 8888reportedpublic record, Form ADV, May 27, 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