{
  "crd_number": 282553,
  "slug": "brilliance-asset-management-limited-hong-kong-282553",
  "primary_business_name": "BRILLIANCE ASSET MANAGEMENT LIMITED",
  "legal_name": "BRILLIANCE ASSET MANAGEMENT LIMITED",
  "dbas": [
    "BRILLIANCE CAPITAL"
  ],
  "city": "Hong Kong",
  "state": null,
  "country": "Hong Kong",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-01-25",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-09-24",
  "carried_forward": false,
  "raum_total": 851248326.0,
  "raum_discretionary": 851248326.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 17,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 851248326.0,
      "count": 4
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [],
  "websites": [
    "https://brilliancecap.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/282553",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "HONG KONG",
  "url": "https://advisorcensus.com/firm/brilliance-asset-management-limited-hong-kong-282553",
  "display_name": "Brilliance Asset Management Limited",
  "summary": "Brilliance Asset Management Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.",
  "citation": "AdvisorCensus. Brilliance Asset Management Limited (CRD 282553): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Brilliance Asset Management Limited compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Brilliance Asset Management Limited 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."
    },
    {
      "q": "Where is Brilliance Asset Management Limited located?",
      "a": "Brilliance Asset Management Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV."
    },
    {
      "q": "Is Brilliance Asset Management Limited registered with the SEC or a state?",
      "a": "Brilliance Asset Management Limited is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 282553."
    },
    {
      "q": "How much does Brilliance Asset Management Limited manage?",
      "a": "Brilliance Asset Management Limited reports $851,248,326 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Brilliance Asset Management Limited's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Brilliance Asset Management Limited: Regulatory assets under management: $4,818,777,995 in the October 2021 data and $851,248,326 in the October 2026 data, down 82%. Total employees: 45 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Brilliance Asset Management Limited serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)."
    },
    {
      "q": "Does Brilliance Asset Management Limited report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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/282553"
    },
    {
      "q": "What changed in Brilliance Asset Management Limited's recent Form ADV filings?",
      "a": "In the December 2025 filing data: Employees performing advisory functions went from 4 to 5. Regulatory assets under management went from $846,311,659 to $936,527,922 (+11%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4818777995.0,
      "total_employees": 45,
      "filing_date": "2021-09-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2677473689.0,
      "total_employees": 24,
      "filing_date": "2022-09-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1195840750.0,
      "total_employees": 20,
      "filing_date": "2023-09-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 686606566.0,
      "total_employees": 14,
      "filing_date": "2024-09-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 846311659.0,
      "total_employees": 14,
      "filing_date": "2025-01-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 851248326.0,
      "total_employees": 17,
      "filing_date": "2026-09-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 4 to 5.",
        "Regulatory assets under management went from $846,311,659 to $936,527,922 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/brilliance-asset-management-limited-hong-kong-282553.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 851248326.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/282553",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}