AdvisorCensus / Financial advisors / Truston Asset Management
Truston Asset Management
Filed as TRUSTON ASSET MANAGEMENT · Legal name Truston Asset Management Co., Ltd.
Truston Asset Management is an SEC-registered investment advisory firm in Seoul, Korea, South, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated February 3, 2026.
Quick answers
From the filingHow is Truston Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Truston Asset Management 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 Truston Asset Management located?
Truston Asset Management's principal office is in Seoul, Korea, South, according to its Form ADV.
Is Truston Asset Management registered with the SEC or a state?
Truston Asset Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161610.
How much does Truston Asset Management manage?
Truston Asset Management reports $13,747,224,745 in regulatory assets under management in its Form ADV filing dated February 3, 2026 (100% discretionary).
How have Truston Asset Management's assets and staff changed since 2021?
In the Form ADV data for Truston Asset Management: Regulatory assets under management: $8,650,429,626 in the October 2021 data and $13,747,224,745 in the October 2026 data, up 59%. Total employees: 77 in October 2021 and 103 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Truston Asset Management serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (185).
Which custodians does Truston Asset Management use?
Truston Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Hana Bank and Woori Bank as custodians holding 10% or more of its separately managed account assets.
Does Truston Asset Management 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/161610
What changed in Truston Asset Management's recent Form ADV filings?
In the March 2026 filing data: Employees performing advisory functions went from 38 to 43. Regulatory assets under management went from $8,354,243,381 to $13,747,224,745 (+65%).
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 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated February 3, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$13,747,224,745 as of October 2026, filing dated February 3, 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 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
Registration and firm details
Items 1, 2, 5- Legal name
- Truston Asset Management Co., Ltd.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (14 years)
- Employees
- Total: 103. Performing investment advisory functions: 43.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- 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 | $13,747,224,745 | 103 | February 3, 2026 |
| October 2025 | $8,354,243,381 | 94 | February 21, 2025 |
| October 2024 | $8,066,389,573 | 92 | February 13, 2024 |
| October 2023 | $6,811,952,528 | 83 | February 4, 2023 |
| October 2022 | $7,459,171,865 | 83 | March 4, 2022 |
| October 2021 | $8,650,429,626 | 77 | March 17, 2021 |
Regulatory assets under management: $8,650,429,626 in the October 2021 data and $13,747,224,745 in the October 2026 data, up 59%.
Total employees: 77 in October 2021 and 103 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- March 2026
- Employees performing advisory functions went from 38 to 43.
- Regulatory assets under management went from $8,354,243,381 to $13,747,224,745 (+65%).
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. Truston Asset Management (CRD 161610): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/truston-asset-management-seoul-161610