# Grand Alliance Asset Management Ltd.

> Grand Alliance Asset Management Ltd. is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 307801
- Filed as: GRAND ALLIANCE ASSET MANAGEMENT LTD.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/307801
- AdvisorCensus page: https://advisorcensus.com/firm/grand-alliance-asset-management-ltd-hong-kong-307801

## Quick answers

**How is Grand Alliance Asset Management Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), Grand Alliance Asset Management 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 Grand Alliance Asset Management Ltd. located?**
Grand Alliance Asset Management Ltd.'s principal office is in Hong Kong, Hong Kong, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Grand Alliance Asset Management Ltd. registered with the SEC or a state?**
Grand Alliance Asset Management Ltd. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 307801.

**How much does Grand Alliance Asset Management Ltd. manage?**
Grand Alliance Asset Management Ltd. reports $2,555,902,696 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary).

**How have Grand Alliance Asset Management Ltd.'s assets and staff changed since 2021?**
In the Form ADV data for Grand Alliance Asset Management Ltd.: Regulatory assets under management: $1,335,067,263 in the October 2021 data and $2,555,902,696 in the October 2026 data, up 91%. Total employees: 36 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Grand Alliance Asset Management Ltd. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); corporations or other businesses not listed above (1).

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

**Does Grand Alliance Asset Management Ltd. report any disciplinary disclosures?**
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/307801

**What changed in Grand Alliance Asset Management Ltd.'s recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 27 to 28. Regulatory assets under management went from $1,805,304,235 to $2,555,902,696 (+42%). Added an office in Hong Kong.

## 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))
- BNY Mellon

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: $2,555,902,696
- Discretionary: $2,555,902,696
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $0 |
| High net worth individuals | Fewer than 5 | $0 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $2,436,035,584 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $0 |
| Charitable organizations | Fewer than 5 | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | 1 | $119,867,112 |

### Advisory services (Item 5.G)
- 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: 2021 (5 years)
- Employees: 45 total, 28 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Hong Kong

### Websites listed on Form ADV (Item 1.I)
- [gaamhk.com/en/index.htm](https://gaamhk.com/en/index.htm)
- LinkedIn @gaamhk

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,335,067,263 | 36 | September 26, 2021 |
| October 2022 | $1,565,888,219 | 40 | September 14, 2022 |
| October 2023 | $1,673,328,808 | 40 | August 28, 2023 |
| October 2024 | $2,214,479,057 | 42 | September 9, 2024 |
| October 2025 | $2,214,479,057 | 42 | September 9, 2024 |
| October 2026 | $2,555,902,696 | 45 | September 21, 2026 |

Regulatory assets under management: $1,335,067,263 in the October 2021 data and $2,555,902,696 in the October 2026 data, up 91%.
Total employees: 36 in October 2021 and 45 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 27 to 28.
- Regulatory assets under management went from $1,805,304,235 to $2,555,902,696 (+42%).
- Added an office in Hong Kong.

### December 2025
- Regulatory assets under management went from $2,214,479,057 to $1,805,304,235 (-18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Grand Alliance Asset Management Ltd. (CRD 307801): Form ADV filing data as of October 2026.