# WFM Asia (HK) Limited

> WFM Asia (HK) Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 139184
- Filed as: WFM ASIA (HK) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139184
- AdvisorCensus page: https://advisorcensus.com/firm/wfm-asia-hk-limited-hong-kong-139184

## Quick answers

**How is WFM Asia (HK) Limited compensated?**
On its Form ADV (Item 5.E, October 2026), WFM Asia (HK) Limited reports these compensation arrangements: other.

**How much does WFM Asia (HK) Limited charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is WFM Asia (HK) Limited located?**
WFM Asia (HK) Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.

**Is WFM Asia (HK) Limited registered with the SEC or a state?**
WFM Asia (HK) Limited is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139184.

**How much does WFM Asia (HK) Limited manage?**
WFM Asia (HK) Limited reports $2,585,927,349 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have WFM Asia (HK) Limited's assets and staff changed since 2021?**
In the Form ADV data for WFM Asia (HK) Limited: Regulatory assets under management: $4,224,843,000 in the October 2021 data and $2,585,927,349 in the October 2026 data, down 39%. Total employees: 19 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does WFM Asia (HK) 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 WFM Asia (HK) 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/139184

**What changed in WFM Asia (HK) Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 7. Regulatory assets under management went from $3,195,807,167 to $2,585,927,349 (-19%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> WFMA(BVI), which receives management fees in an amount up to one percent (1.0%) per annum of the net asset value of the relevant Fund.

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

### Regulatory assets under management (Item 5.F)
- Total: $2,585,927,349
- Discretionary: $2,585,927,349
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $2,585,927,349 |

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

### Firm details
- Registered since: 2006 (20 years)
- Employees: 13 total, 7 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)
- [wfmasia.com](https://wfmasia.com)
- LinkedIn @wfmasia

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,224,843,000 | 19 | June 23, 2021 |
| October 2022 | $4,154,826,799 | 20 | March 28, 2022 |
| October 2023 | $3,267,491,336 | 16 | May 26, 2023 |
| October 2024 | $3,182,104,825 | 16 | August 29, 2024 |
| October 2025 | $3,195,807,167 | 15 | March 27, 2025 |
| October 2026 | $2,585,927,349 | 13 | March 26, 2026 |

Regulatory assets under management: $4,224,843,000 in the October 2021 data and $2,585,927,349 in the October 2026 data, down 39%.
Total employees: 19 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 7.
- Regulatory assets under management went from $3,195,807,167 to $2,585,927,349 (-19%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. WFM Asia (HK) Limited (CRD 139184): Form ADV filing data as of October 2026.