Open Door Investment Management Ltd. is a large advisory firm based in Pudong Shanghai. It manages $273.41 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016.
Open Door Investment Management 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.
The assets under management (AUM) of Open Door Investment Management Ltd. is $273.41 million. The firm's AUM has gone down by -33% since the beginning of its operation, and $267.3 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Open Door Investment Management 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.
The only and largest group of clients of Bin Wu is pooled investment vehicles with 5 clients and $226.85 million of assets under management. Among the 12 most similar advisory firms, Open Door Investment Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $226.85 million for 5 clients. 86% of the firm’s clients are foreign persons or businesses.
Open Door Investment Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $75,000 to $100,000.
The company employs 18 people that are either part- or full-time employees. 44 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.
Bin Wu has been acting as President since 1 Nov 2017. Shifeng Ke has served as the Chief Investment Officer since 1 Oct 2011 and Christopher Bentham Ruffle is the Chief Executive Officer of Open Door Investment Management Ltd. family office. Lusine Moshkounian joined the executive team most recently as the Chief Compliance Officer.
The principal office where Open Door Investment Management Ltd. performs its advisory services is located at 1601 Citigroup Tower, Pudong Shanghai, 200120 The mailing address of the firm is 455 Market Street, San Francisco, CA 94105. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number (86)(21)61017800 or by fax (86)(21)61017801. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at odfund.com.