Tube Asset Management Co., Ltd. (Seoul)

Name: Tube Asset Management Co., Ltd.
Address: 28 1 Yeouido Dong, Yeongdeungpo Gu, Seoul, 150 756
Telephone: 82-2-785-9080

Tube Asset Management Co., Ltd. is a large advisory firm based in Seoul. It manages $630 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Illinois, New Jersey, and New York.

Tube Asset Management Co. provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tube Asset Management Co.: assets under management

The assets under management (AUM) of Tube Asset Management Co., Ltd. is $630 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $630 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.34 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tube 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.

Careers at Tube Asset Management Co., Ltd.

Hyungdal Kim has been acting as President since 1 Dec 2005. Sangwook Kang joined the executive team most recently as the Chief Compliance Officer/Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Duyoung You	President & ceo	1 Oct 2005	25% - 50%	5302782
Sangwook Kang	Chief compliance officer/vice president	1 Dec 2005	Other	5302783
John Yoon	Vice president	1 Dec 2005	Other	5302784
Hyungdal Kim	Director	1 Dec 2005	Other	5302786
Hangsoo Lee	Auditor general	1 Dec 2005	Other	5302789

Based in Seoul

The principal office where Tube Asset Management Co., Ltd. performs its advisory services is located at 28 1 Yeouido Dong, Yeongdeungpo Gu, Seoul, 150 756, 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 82-2-785-9080 or by fax 82-2-785-9088. The normal business hours are 8:30am-5:30pm(local time) on Monday - Friday. You can find more information about the New York firm at www.tubeasset.com.