Korea Investment Value Asset Management Co., Ltd. (Seoul)

Name: Korea Investment Value Asset Management Co., Ltd.
Address: 70, Yeoui Daero, Ye Ongdeungpo Gu, Seoul, 07325
Telephone: 82-2-6978-6300

Korea Investment Value Asset Management Co., Ltd. is a large advisory firm based in Seoul. It manages $3.64 billion of regulatory assets for 63 client accounts. It has been registered with the SEC as an adviser since 2014.

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

Korea Investment Value Asset Management Co.: assets under management

The assets under management (AUM) of Korea Investment Value Asset Management Co., Ltd. is $3.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 133% since the beginning of its operation, and $3.64 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.64 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $57.76 million each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Korea Investment Value Asset Management 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.

What kind of clients Korea Investment Value Asset Management Co. serves?

The only and largest group of clients of Korea Investment Value Asset Management Co. is insurance companies with 6 clients and $572.71 million of assets under management. Among the 9 most similar advisory firms, Korea Investment Value Asset Management Co. has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $572.71 million for 6 clients. 100% of the firm’s clients are foreign persons or businesses.

Korea Investment Value Asset Management Co. doesn't advise any private funds.

Careers at Korea Investment Value Asset Management Co., Ltd.

The company employs 55 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No 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.

Ltd. Korea Investments & Securities Co. joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Chaiwon Lee	Chief executive officer / chief investment officer	1 Feb 2006	Other	6412048
Raeshin Park	Chief executive officer	1 Mar 2011	Other	6412046
Kangyong Lee	Chief compliance officer	1 Mar 2012	Other	6412050
Ltd. Korea Investments & Securities Co.	Owner	1 Jul 2012	75% - 100%	116-81-04504
Byongkuk Koh	Chief marketing officer	1 Jul 2012	Other	6412049
Sangyup Song	Chief executive officer	1 Jan 2017	Other	6775153

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd. Korea Investment Holdings Co.	Owner	1 Mar 2005	75% - 100%	xxx-xx-xxxx

Based in Seoul

The principal office where Korea Investment Value Asset Management Co., Ltd. performs its advisory services is located at 70, Yeoui Daero, Ye Ongdeungpo Gu, Seoul, 07325, 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 82-2-6978-6300 or by fax 82-2-6978-6391. The normal business hours are 8:00 to 18:00 kst on Monday - Friday. You can find more information about the New York firm at koreavalueasset.com/eng.