# Anda Asset Management Co., Ltd.

> Anda Asset Management Co., Ltd. is an SEC-registered investment advisory firm in Seoul, Korea, South, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 25, 2026.

- CRD: 165123
- Filed as: ANDA ASSET MANAGEMENT CO., LTD.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seoul, Korea, South
- Filing period: October 2026
- Form ADV filing dated: June 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165123
- AdvisorCensus page: https://advisorcensus.com/firm/anda-asset-management-co-ltd-seoul-165123

## Quick answers

**How is Anda Asset Management Co., Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), Anda Asset Management Co., Ltd. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Anda Asset Management Co., Ltd. located?**
Anda Asset Management Co., Ltd.'s principal office is in Seoul, Korea, South, according to its Form ADV.

**Is Anda Asset Management Co., Ltd. registered with the SEC or a state?**
Anda Asset Management Co., Ltd. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 165123.

**How much does Anda Asset Management Co., Ltd. manage?**
Anda Asset Management Co., Ltd. reports $1,226,111,773 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (91% discretionary).

**How have Anda Asset Management Co., Ltd.'s assets and staff changed since 2021?**
In the Form ADV data for Anda Asset Management Co., Ltd.: Regulatory assets under management: $1,548,351,264 in the October 2021 data and $1,226,111,773 in the October 2026 data, down 21%. Total employees: 30 in October 2021 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Anda Asset Management Co., Ltd. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (40); investment companies (28); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Anda Asset Management Co., Ltd. use?**
Anda Asset Management Co., Ltd.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists KEB Hana Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Anda Asset Management Co., Ltd. report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165123

**What changed in Anda Asset Management Co., Ltd.'s recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 19 to 23. Regulatory assets under management went from $649,998,212 to $1,226,111,773 (+89%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- KEB Hana Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,226,111,773
- Discretionary: $1,119,794,871
- Non-discretionary: $106,316,902

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 1 | $27,524,305 |
| Investment companies | 28 | $106,316,902 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 40 | $921,304,007 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $127,502,800 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 1 | $43,463,759 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 32 total, 23 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165123

### Websites listed on Form ADV (Item 1.I)
- andaasset.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,548,351,264 | 30 | July 15, 2021 |
| October 2022 | $1,723,935,753 | 39 | August 25, 2022 |
| October 2023 | $1,120,057,913 | 35 | June 29, 2023 |
| October 2024 | $972,108,277 | 34 | June 25, 2024 |
| October 2025 | $649,998,212 | 31 | June 19, 2025 |
| October 2026 | $1,226,111,773 | 32 | June 25, 2026 |

Regulatory assets under management: $1,548,351,264 in the October 2021 data and $1,226,111,773 in the October 2026 data, down 21%.
Total employees: 30 in October 2021 and 32 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 19 to 23.
- Regulatory assets under management went from $649,998,212 to $1,226,111,773 (+89%).

### March 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Anda Asset Management Co., Ltd. (CRD 165123): Form ADV filing data as of October 2026.