Aps Asset Management Pte Ltd is a large advisory firm based in Singapore. It manages $1.13 billion of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2001.
Aps Asset Management Pte provides 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.
The assets under management (AUM) of Aps Asset Management Pte Ltd is $1.13 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 513041221% since the beginning of its operation, and $1.13 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aps Asset Management Pte 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Aps Asset Management Pte is high net worth individuals with 5 clients and $53.82 million of assets under management. Among the 8 most similar advisory firms, Aps Asset Management Pte has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $82.73 million for 231 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.
Aps Asset Management Pte also advises several private funds. Namely, three hedge funds and three other private funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $100,000.
The company employs 62 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 28 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Teow Pin Nmn Sim joined the executive team most recently as the General Manager.
The principal office where Aps Asset Management Pte Ltd performs its advisory services is located at 3 Anson Road, Singapore, 079909, 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 65-6333-8600 or by fax 65-6333-8900. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at aps.com.sg.