{
  "crd_number": 329860,
  "slug": "draco-evolution-taipei-city-329860",
  "primary_business_name": "DRACO EVOLUTION",
  "legal_name": "DRACO EVOLUTION CORP.",
  "dbas": [],
  "city": "Taipei City",
  "state": null,
  "country": "Taiwan,  Republic of China",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-03-01",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 21760348.0,
  "raum_discretionary": 21760348.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 9,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 21760348.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "performance_based",
    "subscription"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "LA",
    "NE",
    "NH",
    "TX"
  ],
  "websites": [
    "https://dracoevolution.com",
    "https://instagram.com/dracoevolution"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/329860",
  "city_as_filed": "TAIPEI CITY",
  "url": "https://advisorcensus.com/firm/draco-evolution-taipei-city-329860",
  "display_name": "Draco Evolution",
  "summary": "Draco Evolution is an SEC-registered investment advisory firm in Taipei City, Taiwan,  Republic of China, registered since 2024, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Draco Evolution (CRD 329860): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Subscription fees (for a newsletter or periodical)",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Draco Evolution compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Draco Evolution reports these compensation arrangements: a percentage of assets under its management; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees); performance-based fees; other."
    },
    {
      "q": "How much does Draco Evolution charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Subscription: $9.99 to $29.99 a month (access to all available In-House Strategies). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Draco Evolution located?",
      "a": "Draco Evolution's principal office is in Taipei City, Taiwan,  Republic of China, according to its Form ADV."
    },
    {
      "q": "Is Draco Evolution registered with the SEC or a state?",
      "a": "Draco Evolution is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329860."
    },
    {
      "q": "How much does Draco Evolution manage?",
      "a": "Draco Evolution reports $21,760,348 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Draco Evolution's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Draco Evolution: Regulatory assets under management: $12,409,775 in the October 2025 data and $21,760,348 in the October 2026 data, up 75%. Total employees: 1 in October 2024 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Draco Evolution serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Draco Evolution report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/329860"
    },
    {
      "q": "Does Draco Evolution state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Draco does not have a minimum account size for either Dravo Subscribers or for SMA’s.\""
    },
    {
      "q": "What changed in Draco Evolution's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in LA, NE, NH, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 1,
      "filing_date": "2024-05-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 12409775.0,
      "total_employees": 9,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 21760348.0,
      "total_employees": 9,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in LA, NE, NH, TX."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Regulatory assets under management went from $12,409,775 to $22,001,134 (+77%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $9.99 to $29.99 a month (access to all available In-House Strategies)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Draco does not have a minimum account size for either Dravo Subscribers or for SMA’s."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $9.99 to $29.99 a month (access to all available In-House Strategies)"
        ],
        "quotes": [
          "Premium Tier: Monthly fee range from $9.99 to $29.99 and users at this Tier (“Premium Subscribers”) receive access to all available In-House Strategies."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": null,
          "min": 9.99,
          "max": 29.99,
          "period": "monthly",
          "service": "access to all available In-House Strategies"
        }
      ]
    },
    "quotes": [
      "Draco does not have a minimum account size for either Dravo Subscribers or for SMA’s.",
      "Premium Tier: Monthly fee range from $9.99 to $29.99 and users at this Tier (“Premium Subscribers”) receive access to all available In-House Strategies."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/draco-evolution-taipei-city-329860.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 21760348.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/329860",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}