Farringdon Asset Management Pte Ltd (Singapore, Singapore)

Name: Farringdon Asset Management Pte Ltd
Address: 6 Battery Road, Singapore, Singapore, 049909
Telephone: +65-65316180

Farringdon Asset Management Pte Ltd is an adviser based in Singapore, Singapore. It manages $24.99 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2017.

Farringdon Asset Management Pte provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Farringdon Asset Management Pte: assets under management

The assets under management (AUM) of Farringdon Asset Management Pte Ltd is $24.99 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -90% since the beginning of its operation, and $24.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $24.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $757.19 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Farringdon Asset Management Pte Ltd for their services and products based on a percentage of assets under management, commissions, 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.

What kind of clients Farringdon Asset Management Pte serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Farringdon Asset Management Pte is high net worth individuals with 30 clients and $21.92 million of assets under management. Among the 7 most similar advisory firms, Farringdon Asset Management Pte has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $24.99 million for 33 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.

Farringdon Asset Management Pte doesn't advise any private funds.

Careers at Farringdon Asset Management Pte Ltd

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin James Young	Ceo	1 Oct 2015	50% - 75%	6870827
Kam Joyce	Compliance officer	1 Oct 2016	Other	6875666
Stuart Anthony Yeomans	Shareholder	1 Jan 2018	50% - 75%	6928779

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stuart Yeomans	Owner	1 Oct 2015	50% - 75%	6953026
Farringdon Singapore Pte Ltd	Holding company	1 Jan 2018	Other	201802093m

Based in Singapore, Singapore

The principal office where Farringdon Asset Management Pte Ltd performs its advisory services is located at 6 Battery Road, Singapore, Singapore, 049909, 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 +65-65316180. The normal business hours are 8.30am -5.30pm on Monday - Friday. You can find more information about the New York firm at farringdon.com.sg.