Sparx Asset Management Korea Co., Ltd (Seoul)

Name: Sparx Asset Management Korea Co., Ltd
Address: 9 Th Floor, Jongno Tower, Seoul, 03161
Telephone: 82-2-570-1600

Sparx Asset Management Korea Co., Ltd is a large advisory firm based in Seoul. It manages $1.22 billion of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2015.

Sparx Asset Management Korea Co. provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sparx Asset Management Korea Co.: assets under management

The assets under management (AUM) of Sparx Asset Management Korea Co., Ltd is $1.22 billion. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.2 billion in discretionary accounts and $23.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.24 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sparx Asset Management Korea Co., Ltd for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Sparx Asset Management Korea Co., Ltd

Takeshi Suzuki joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ltd Sparx Group Co.	Shareholder	1 Feb 2005	50% - 75%	foreign
Brian Hideo Morikuni	Executive officer	1 Feb 2013	Other	2529588
Kihwan Jo	Chief compliance officer	1 Feb 2013	Other	6822438
Jaeha Jang	Chief executive officer	1 Sep 2014	Other	6423584
Takeshi Suzuki	Chief executive officer	1 Sep 2016	Other	4995799

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Shuhei Abe	Shareholder	1 Jun 1989	50% - 75%	1030957

Based in Seoul

The principal office where Sparx Asset Management Korea Co., Ltd performs its advisory services is located at 9 Th Floor, Jongno Tower, Seoul, 03161, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 82-2-570-1600 or by fax 82-2-570-1690. The normal business hours are 0800-1730 on Monday - Friday. You can find more information about the New York firm at sparxkorea.com/kr/.