AdvisorCensus / Financial advisors / Library Research Limited
Library Research Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 22, 2026.
Quick answers
From the filingHow is Library Research Limited compensated?
On its Form ADV (Item 5.E, October 2026), Library Research Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
How much does Library Research Limited charge?
Its Form ADV Part 2A brochure dated March 16, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Library Research Limited located?
Library Research Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.
Is Library Research Limited registered with the SEC or a state?
Library Research Limited is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 301421.
How much does Library Research Limited manage?
Library Research Limited reports $1,158,155,202 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (100% discretionary).
How have Library Research Limited's assets and staff changed since 2021?
In the Form ADV data for Library Research Limited: Regulatory assets under management: $733,041,482 in the October 2021 data and $1,158,155,202 in the October 2026 data, up 58%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Library Research Limited serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).
Does Library Research Limited 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/301421
What changed in Library Research Limited's recent Form ADV filings?
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2% of assets a year (the maximum the brochure states)
The brochure's wording
With respect to all share classes, the Firm receives an annual management fee ranging up to 2% per annum in respect of the net asset value (“NAV”) per series of the relevant class of issue.
As stated in the firm's Form ADV Part 2A brochure dated March 16, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,158,155,202 as of October 2026, filing dated April 22, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 10. Performing investment advisory functions: 7.
- Wrap fee program participation
- No.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,158,155,202 | 10 | April 22, 2026 |
| October 2025 | $1,183,985,757 | 10 | April 30, 2025 |
| October 2024 | $1,138,490,584 | 9 | March 26, 2024 |
| October 2023 | $1,152,873,344 | 5 | March 27, 2023 |
| October 2022 | $830,601,589 | 6 | March 17, 2022 |
| October 2021 | $733,041,482 | 8 | March 17, 2021 |
Regulatory assets under management: $733,041,482 in the October 2021 data and $1,158,155,202 in the October 2026 data, up 58%.
Total employees: 8 in October 2021 and 10 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Library Research Limited (CRD 301421): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/library-research-limited-hong-kong-301421