# Open Door Investment Management Ltd.

> Open Door Investment Management Ltd. is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2011, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 159123
- Filed as: OPEN DOOR INVESTMENT MANAGEMENT LTD.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159123
- AdvisorCensus page: https://advisorcensus.com/firm/open-door-investment-management-ltd-san-francisco-ca-159123

## Quick answers

**How is Open Door Investment Management Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), Open Door Investment Management Ltd. reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Open Door Investment Management Ltd. located?**
Open Door Investment Management Ltd.'s principal office is in San Francisco, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Open Door Investment Management Ltd. registered with the SEC or a state?**
Open Door Investment Management Ltd. is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 159123.

**How much does Open Door Investment Management Ltd. manage?**
Open Door Investment Management Ltd. reports $183,384,087 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Open Door Investment Management Ltd.'s assets and staff changed since 2021?**
In the Form ADV data for Open Door Investment Management Ltd.: Regulatory assets under management: $422,315,556 in the October 2021 data and $183,384,087 in the October 2026 data, down 57%. Total employees: 19 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Open Door Investment Management Ltd. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Open Door Investment 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/159123

**What changed in Open Door Investment Management Ltd.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $152,128,795 to $183,384,087 (+21%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $183,384,087
- Discretionary: $183,384,087
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $183,384,087 |

### 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: 2011 (14 years)
- Employees: 17 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Pudong Shanghai

### Websites listed on Form ADV (Item 1.I)
- [odfund.com](https://odfund.com)
- LinkedIn @open-door-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $422,315,556 | 19 | August 13, 2021 |
| October 2022 | $426,306,905 | 19 | August 11, 2022 |
| October 2023 | $281,918,236 | 18 | March 28, 2023 |
| October 2024 | $140,054,948 | 18 | September 6, 2024 |
| October 2025 | $152,128,795 | 17 | April 10, 2025 |
| October 2026 | $183,384,087 | 17 | March 27, 2026 |

Regulatory assets under management: $422,315,556 in the October 2021 data and $183,384,087 in the October 2026 data, down 57%.
Total employees: 19 in October 2021 and 17 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $152,128,795 to $183,384,087 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Open Door Investment Management Ltd. (CRD 159123): Form ADV filing data as of October 2026.