{
  "crd_number": 168167,
  "slug": "synergy-fund-management-group-limited-central-168167",
  "primary_business_name": "SYNERGY FUND MANAGEMENT GROUP LIMITED",
  "legal_name": "SYNERGY FUND MANAGEMENT GROUP LIMITED",
  "dbas": [],
  "city": "Central",
  "state": null,
  "country": "Hong Kong",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-03-12",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 490332000.0,
  "raum_discretionary": 250248000.0,
  "raum_non_discretionary": 240084000.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 167689000.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 250248000.0,
      "count": 7
    },
    "corporations_other_businesses": {
      "raum": 72395000.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://synergyfmg.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168167",
  "city_as_filed": "CENTRAL",
  "url": "https://advisorcensus.com/firm/synergy-fund-management-group-limited-central-168167",
  "display_name": "Synergy Fund Management Group Limited",
  "summary": "Synergy Fund Management Group Limited is an SEC-registered investment advisory firm in Central, Hong Kong, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Synergy Fund Management Group Limited (CRD 168167): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Synergy Fund Management Group Limited compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Synergy Fund Management Group Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Synergy Fund Management Group Limited charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Synergy Fund Management Group Limited located?",
      "a": "Synergy Fund Management Group Limited's principal office is in Central, Hong Kong, according to its Form ADV."
    },
    {
      "q": "Is Synergy Fund Management Group Limited registered with the SEC or a state?",
      "a": "Synergy Fund Management Group Limited is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 168167."
    },
    {
      "q": "How much does Synergy Fund Management Group Limited manage?",
      "a": "Synergy Fund Management Group Limited reports $490,332,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (51% discretionary)."
    },
    {
      "q": "How have Synergy Fund Management Group Limited's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Synergy Fund Management Group Limited: Regulatory assets under management: $825,400,000 in the October 2021 data and $490,332,000 in the October 2026 data, down 41%. Total employees: 9 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Synergy Fund Management Group Limited serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); corporations or other businesses not listed above (2); charitable organizations (1)."
    },
    {
      "q": "Which custodians does Synergy Fund Management Group Limited use?",
      "a": "Synergy Fund Management Group Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon and Pictet & CIE (Europe) S.A. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Synergy Fund Management Group Limited report any disciplinary disclosures?",
      "a": "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/168167"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 825400000.0,
      "total_employees": 9,
      "filing_date": "2021-03-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 897500000.0,
      "total_employees": 10,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 807800000.0,
      "total_employees": 10,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 642600000.0,
      "total_employees": 8,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 453434000.0,
      "total_employees": 8,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 490332000.0,
      "total_employees": 9,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.25% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The Firm receives an annual management fee ranging up to 1.25% per annum in respect of the net asset value (“NAV”) of the Funds (“Management Fee”)."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.25,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The Firm receives an annual management fee ranging up to 1.25% per annum in respect of the net asset value (“NAV”) of the Funds (“Management Fee”)."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Bank of New York Mellon",
      "name_as_filed": "BANK OF NEW YORK MELLON",
      "affiliated": false
    },
    {
      "name": "Pictet & CIE (Europe) S.A.",
      "name_as_filed": "PICTET & CIE (EUROPE) S.A.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/synergy-fund-management-group-limited-central-168167.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 250248000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 167689000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 72395000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168167",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}