Hansset Global Advisors Co., Ltd. (Seoul)

Name: Hansset Global Advisors Co., Ltd.
Address: 23 Rd Floor, Hanwha Securities Bldg, Seoul, 150 010
Telephone: 82-2-3772-8216

Hansset Global Advisors Co., Ltd. is a large advisory firm based in Seoul. It manages $1.07 billion of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2001.

Hansset Global Advisors Co. provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hansset Global Advisors Co.: assets under management

The assets under management (AUM) of Hansset Global Advisors Co., Ltd. is $1.07 billion. The firm's AUM has grown by 49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $225.16 million in discretionary accounts and $843 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.77 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $168.6 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hansset Global Advisors 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 Hansset Global Advisors Co., Ltd.

Seung Keun Park has been acting as President since 1 Feb 2001. Young Jin Lee joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Seung Bae Lee	President & ceo	1 Apr 1988	Other	4425693
Si Wang Ryu	Shareholder	1 Apr 1988	Other	4425849
The Korea Development Bank	Shareholder	1 Aug 1989	Other	xxx-xx-xxxx
Inc. State Street Global Advisors	Shareholder	1 Aug 2000	Other	06-1313175
Seung Keun Park	Director	1 Feb 2001	Other	4425810
Vincent Duhamel	Director	1 Feb 2001	Other	4425845
Young Jin Lee	Director	1 Jul 2001	Other	4425829

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
State Street Corporation	Shareholder	1 Jun 1978	75% - 100%	04-2456637

Based in Seoul

The principal office where Hansset Global Advisors Co., Ltd. performs its advisory services is located at 23 Rd Floor, Hanwha Securities Bldg, Seoul, 150 010, 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 82-2-3772-8216 or by fax 82-2-3772-8220. The normal business hours are 08:00 am to 06:00 pm on Monday - Friday. You can find more information about the New York firm at hansset.com.