# Sumitomo Mitsui DS Asset Management Company, Limited

> Sumitomo Mitsui DS Asset Management Company, Limited is an SEC-registered investment advisory firm in Minato-Ku, Tokyo, Japan, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 20, 2026.

- CRD: 301509
- Filed as: SUMITOMO MITSUI DS ASSET MANAGEMENT COMPANY, LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minato-Ku, Tokyo, Japan
- Filing period: October 2026
- Form ADV filing dated: August 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/301509
- AdvisorCensus page: https://advisorcensus.com/firm/sumitomo-mitsui-ds-asset-management-company-limited-minato-ku-tokyo-301509

## Quick answers

**How is Sumitomo Mitsui DS Asset Management Company, Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Sumitomo Mitsui DS Asset Management Company, Limited reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**How much does Sumitomo Mitsui DS Asset Management Company, Limited charge?**
Its Form ADV Part 2A brochure dated June 25, 2026 states: Asset-based fee: 0.2% to 0.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Sumitomo Mitsui DS Asset Management Company, Limited located?**
Sumitomo Mitsui DS Asset Management Company, Limited's principal office is in Minato-Ku, Tokyo, Japan, according to its Form ADV.

**Is Sumitomo Mitsui DS Asset Management Company, Limited registered with the SEC or a state?**
Sumitomo Mitsui DS Asset Management Company, Limited is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 301509.

**How much does Sumitomo Mitsui DS Asset Management Company, Limited manage?**
Sumitomo Mitsui DS Asset Management Company, Limited reports $177,713,000,000 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (94% discretionary).

**How have Sumitomo Mitsui DS Asset Management Company, Limited's assets and staff changed since 2021?**
In the Form ADV data for Sumitomo Mitsui DS Asset Management Company, Limited: Regulatory assets under management: $155,052,000,000 in the October 2021 data and $177,713,000,000 in the October 2026 data, up 15%. Total employees: 1,045 in October 2021 and 1,022 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sumitomo Mitsui DS Asset Management Company, Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (823); pension and profit sharing plans (but not the plan participants or government pension plans) (370); corporations or other businesses not listed above (107).

**Does Sumitomo Mitsui DS Asset Management Company, 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/301509

**What changed in Sumitomo Mitsui DS Asset Management Company, Limited's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 204 to 213. Regulatory assets under management went from $157,094,000,000 to $177,713,000,000 (+13%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 25, 2026)

- Asset-based fee: 0.2% to 0.5% a year (a range, as the brochure states it)

> Our standard annual advisory fee for portfolio management of Japanese equity portfolios for non-Japanese investors ranges from 0.5% to 0.2% of assets under management, billed quarterly in arrears based on quarter -end account values.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $177,713,000,000
- Discretionary: $167,613,000,000
- Non-discretionary: $10,100,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 40 | $15,546,000,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 823 | $105,497,000,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 370 | $35,096,000,000 |
| Corporations or other businesses not listed above | 107 | $21,574,000,000 |

### 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: 2019 (7 years)
- Employees: 1,022 total, 213 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)
- [note.smd-am.co.jp](https://note.smd-am.co.jp)
- [smd-am.co.jp/english](https://smd-am.co.jp/english)
- Facebook @direct.smd
- LinkedIn @sumitomo-ds-asset-management
- X @direct_smd
- X @smdam_BeActive
- YouTube @UCSJojrtjZQC2zKSinwII3gQ
- YouTube @smdam

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $155,052,000,000 | 1,045 | June 28, 2021 |
| October 2022 | $148,472,000,000 | 958 | June 23, 2022 |
| October 2023 | $133,939,000,000 | 961 | September 14, 2023 |
| October 2024 | $158,114,000,000 | 1,000 | July 16, 2024 |
| October 2025 | $157,094,000,000 | 1,000 | June 24, 2025 |
| October 2026 | $177,713,000,000 | 1,022 | August 20, 2026 |

Regulatory assets under management: $155,052,000,000 in the October 2021 data and $177,713,000,000 in the October 2026 data, up 15%.
Total employees: 1,045 in October 2021 and 1,022 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 204 to 213.
- Regulatory assets under management went from $157,094,000,000 to $177,713,000,000 (+13%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sumitomo Mitsui DS Asset Management Company, Limited (CRD 301509): Form ADV filing data as of October 2026.