PALM SPRINGS ADVISORY LLC
Adviser information for PALM SPRINGS ADVISORY LLC last updated from Form ADV on March 7th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 1 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 9 | $1.7M |
| Non-Discretionary | 0 | $0 |
| Total | 9 | $1.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 7 | $1.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 2 | $629,095 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 3 |
| No. of Non-U.S. Clients | 100 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-112007 |
|---|---|
| SEC ERA File Number | 801-112007 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 289398 |
| Legal Entity Identifier | None |
Principal Office
2-1-401 HUA YUAN JIU DU HUIXIAO LIANG MA QIAO WEST ROAD 6, CHAOYANG DISTRIC
BEIJING
China
Monday - Friday, 9:00AM - 5:00PM
Tel: 8613467529666, Fax: None
Websites
Chief Compliance Officer
LEI ZHANG
CCO
2-1-401 HUA YUAN JIU DU HUI
XIAO LIANG MA QIAO WEST ROAD 6, CHAOYANG DISTRIC
BEIJING
China
Tel:
8613467529666
L********@**********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Zhang, Lei | Individual | – | CEO/CFO/COO/CCO | 09/2019 | > 75% |