Kenrich Partners Pte Ltd (Singapore)

Name: Kenrich Partners Pte Ltd
Address: 77 Science Park Drive, #02 11, Singapore, 118256
Telephone: 65 6874 7700

Kenrich Partners Pte Ltd is a large advisory firm based in Singapore. It manages $365.4 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2012.

Kenrich Partners 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.

Kenrich Partners Pte: assets under management

The assets under management (AUM) of Kenrich Partners Pte Ltd is $365.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 109% since the beginning of its operation, and $361.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $365.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $36.54 million each.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kenrich Partners 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.

What kind of clients Anne Choo serves?

The firm provides services to charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Anne Choo is corporations or other businesses with 7 clients and $289.54 million of assets under management. Among the 9 most similar advisory firms, Kenrich Partners Pte has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $365.4 million for 10 clients. 90% of the firm’s clients are foreign persons or businesses.

Kenrich Partners Pte also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Kenrich Partners Pte Ltd

The company employs 11 people that are either part- or full-time employees. 64 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.

Anne Choo has been acting as President since 1 Nov 1998. Foong Chai Soh joined the executive team most recently as the Director Of Operations, Chief Compliance Officer, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Toh	Chief executive officer, chief investment officer, director	1 Nov 1998	50% - 75%	6045845
Anne Choo	Director	1 Nov 1998	Other	6045852
Ho Kee Lim	Shareholder	1 Nov 1999	Other	6045850
Foong Chai Soh	Director of operations, chief compliance officer, director	1 Dec 2001	25% - 50%	6045847
Horng Selina Wong Quek	Shareholder	1 Dec 2001	Other	6045851

Based in Singapore

The principal office where Kenrich Partners Pte Ltd performs its advisory services is located at 77 Science Park Drive, #02 11, Singapore, 118256, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 65 6874 7700 or by fax 65 6779 8977. The normal business hours are 9am - 5.30pm on Monday - Friday. You can find more information about the New York firm at kenrich.com.sg/.