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

M••••• A••• L••••••

Independent wealth managerHong Kong, CRD 310966SEC 801-120430websiteIAPD
Latest filing Mar 10, 2026
First filing on the tape Feb 1, 2021 · 12 filings
SEC status approved since Mar 31, 2021
RAUM
$106M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$106M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$53.0M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$106M as of Mar 10, 2026
Feb 9, 2022$51.2M then
HNW client RAUM$97.5M as of Mar 10, 2026
Feb 9, 2022$40.8M then
State-registered IARs (5.B.3)2 as of Mar 10, 2026
Feb 9, 20222 then
Employees (5.A)5 as of Mar 10, 2026
Feb 9, 20222 then
Private funds: no history
RAUM +29% over the last fiscal year+19% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$53.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$438,410derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+29%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+29%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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
  • High-net-worth individuals$97.5M92%
  • Individuals$8.6M8.1%
Individual clients
34reported
HNW clients
38reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
242reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false 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
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M•••••••• J•••••• E• · Significant Shareholder, Control Personcontrol
    since 02/2016 · owns 25% to 50%
  • S••••• A•••••• J• · Directorcontrol
    since 02/2016 · owns 25% to 50%
  • S••••• M•••• E• · Directorcontrol
    since 02/2016 · owns 25% to 50%
  • S•••••• J••••• R••••• D••••• · Significant Shareholder
    since 02/2016 · owns 10% to 25%
Related persons
Schedule D 7.A
Advisers that list M••••• A••• L•••••• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 180 to 242
    Mar 24, 2025 to Mar 10, 2026
  • HNW clients · 26 to 38
    Mar 24, 2025 to Mar 10, 2026
  • Individual clients · 30 to 34
    Mar 24, 2025 to Mar 10, 2026
  • Discretionary RAUM · $82.4M to $106M
    Mar 24, 2025 to Mar 10, 2026
  • HNW RAUM · $72.1M to $97.5M
    Mar 24, 2025 to Mar 10, 2026
  • Individual RAUM · $10.3M to $8.6M
    Mar 24, 2025 to Mar 10, 2026
  • RAUM · $82.4M to $106M
    Mar 24, 2025 to Mar 10, 2026
  • Individual clients · 25 to 30
    Dec 16, 2024 to Mar 24, 2025
  • Financial planning clients · 51-100 to 51-100
    Dec 16, 2024 to Mar 24, 2025
  • HQ state · unset to
    Dec 16, 2024 to Mar 24, 2025
  • Discretionary RAUM · $73.2M to $82.4M
    Dec 16, 2024 to Mar 24, 2025
  • HNW RAUM · $62.9M to $72.1M
    Dec 16, 2024 to Mar 24, 2025
  • Individual RAUM · $10.4M to $10.3M
    Dec 16, 2024 to Mar 24, 2025
  • RAUM · $73.2M to $82.4M
    Dec 16, 2024 to Mar 24, 2025
  • Accounts · 155 to 180
    Mar 17, 2023 to Feb 26, 2024
  • Advisory employees · 3 to 4
    Mar 17, 2023 to Feb 26, 2024
  • HNW clients · 22 to 26
    Mar 17, 2023 to Feb 26, 2024
  • Employees · 3 to 5
    Mar 17, 2023 to Feb 26, 2024
  • Financial planning clients · 26-50 to 51-100
    Mar 17, 2023 to Feb 26, 2024
  • Discretionary RAUM · $63.4M to $73.2M
    Mar 17, 2023 to Feb 26, 2024
  • HNW RAUM · $54.6M to $62.9M
    Mar 17, 2023 to Feb 26, 2024
  • Individual RAUM · $8.8M to $10.4M
    Mar 17, 2023 to Feb 26, 2024
  • RAUM · $63.4M to $73.2M
    Mar 17, 2023 to Feb 26, 2024
  • Accounts · 140 to 155
    Jun 9, 2022 to Mar 17, 2023
  • Advisory employees · 2 to 3
    Jun 9, 2022 to Mar 17, 2023
  • HNW clients · 20 to 22
    Jun 9, 2022 to Mar 17, 2023
  • Individual clients · 22 to 25
    Jun 9, 2022 to Mar 17, 2023
  • Employees · 2 to 3
    Jun 9, 2022 to Mar 17, 2023
  • Discretionary RAUM · $51.2M to $63.4M
    Jun 9, 2022 to Mar 17, 2023
  • HNW RAUM · $40.8M to $54.6M
    Jun 9, 2022 to Mar 17, 2023
  • Individual RAUM · $10.4M to $8.8M
    Jun 9, 2022 to Mar 17, 2023
  • RAUM · $51.2M to $63.4M
    Jun 9, 2022 to Mar 17, 2023
  • Accounts · 84 to 140
    Mar 24, 2021 to Feb 9, 2022
  • HNW clients · 14 to 20
    Mar 24, 2021 to Feb 9, 2022
  • Individual clients · 15 to 22
    Mar 24, 2021 to Feb 9, 2022
  • Discretionary RAUM · $37.3M to $51.2M
    Mar 24, 2021 to Feb 9, 2022
  • HNW RAUM · $33.2M to $40.8M
    Mar 24, 2021 to Feb 9, 2022
  • Individual RAUM · $4.2M to $10.4M
    Mar 24, 2021 to Feb 9, 2022
  • RAUM · $37.3M to $51.2M
    Mar 24, 2021 to Feb 9, 2022
Signals
3 dated events
  • E Joshua Matthews (Significant Shareholder, Control Person) appeared on Schedule A of M••••• A••• L••••••
    Aug 22, 2024 · Control person joined · fact
  • Eli Joshua Matthews (Significant Shareholder, Control Person) no longer on Schedule A of M••••• A••• L•••••• (listed 2024-02-26, absent 2024-08-22)
    Aug 22, 2024 · Control person left · inference
  • M••••• A••• L•••••• filed its initial SEC registration (Form ADV)
    Feb 1, 2021 · First SEC registration · 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
Business phone
646-542-1748reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
hk.linkedin.com/company/maseco-asia-limitedreportedpublic record, Form ADV, Sep 19, 2026
Website
masecoasia.comreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
852 5808 2064reportedpublic record, Form ADV, Mar 10, 2026
Contact form
masecoasia.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Team page
masecoasia.com/teamreportedpublished by the firm, firm site, Sep 16, 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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$53.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026