# Neumann Advisory Hong Kong Limited

> Neumann Advisory Hong Kong Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 23, 2026.

- CRD: 284666
- Filed as: NEUMANN ADVISORY HONG KONG LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: February 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284666
- AdvisorCensus page: https://advisorcensus.com/firm/neumann-advisory-hong-kong-limited-hong-kong-284666

## Quick answers

**How is Neumann Advisory Hong Kong Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Neumann Advisory Hong Kong 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.

**Where is Neumann Advisory Hong Kong Limited located?**
Neumann Advisory Hong Kong Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.

**Is Neumann Advisory Hong Kong Limited registered with the SEC or a state?**
Neumann Advisory Hong Kong Limited is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 284666.

**How much does Neumann Advisory Hong Kong Limited manage?**
Neumann Advisory Hong Kong Limited reports $622,945,968 in regulatory assets under management in its Form ADV filing dated February 23, 2026 (100% discretionary).

**How have Neumann Advisory Hong Kong Limited's assets and staff changed since 2021?**
In the Form ADV data for Neumann Advisory Hong Kong Limited: Regulatory assets under management: $693,872,351 in the October 2021 data and $622,945,968 in the October 2026 data, down 10%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Neumann Advisory Hong Kong 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 Neumann Advisory Hong Kong 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/284666

**What changed in Neumann Advisory Hong Kong Limited's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $505,131,111 to $622,945,968 (+23%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $622,945,968
- Discretionary: $622,945,968
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $622,945,968 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2020 (6 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [neumannadvisors.com](https://neumannadvisors.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $693,872,351 | 4 | March 16, 2021 |
| October 2022 | $754,688,059 | 4 | April 19, 2022 |
| October 2023 | $371,261,505 | 4 | March 27, 2023 |
| October 2024 | $452,387,455 | 5 | March 18, 2024 |
| October 2025 | $505,131,111 | 5 | March 10, 2025 |
| October 2026 | $622,945,968 | 5 | February 23, 2026 |

Regulatory assets under management: $693,872,351 in the October 2021 data and $622,945,968 in the October 2026 data, down 10%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $505,131,111 to $622,945,968 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Neumann Advisory Hong Kong Limited (CRD 284666): Form ADV filing data as of October 2026.