Cosmo Investment Management Co., Ltd. (Seoul)


Cosmo Investment Management Co., Ltd. is a large advisory firm based in Seoul. It manages $3.18 billion of regulatory assets for 58 client accounts. It has been registered with the SEC as an adviser since 2006.

Cosmo Investment Management Co. provides portfolio management for individuals and small businesses, 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.

Cosmo Investment Management Co.: assets under management

The assets under management (AUM) of Cosmo Investment Management Co., Ltd. is $3.18 billion. The firm's AUM has grown by 122% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.93 billion in discretionary accounts and $250 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $61.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $25 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cosmo Investment 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 Cosmo Investment Management Co., Ltd.

Toshifumi Shimanaka has been acting as President since 1 Feb 2009. Min Key Seo has served as the Chief Investment Officer since 1 Jun 2010 and Kwon Uk Choi is the Chief Executive Officer of Cosmo Investment Management Co., Ltd. family office. Stacy H Sull joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kwon Uk Choi Chief executive officer 1 Sep 1999 Other 5082930
Gwang Jae Lee Shareholder 1 Sep 1999 Other 5082931
Ki Huan Jo Chief operations officer 1 Sep 1999 Other 5082933
Michael Jo Shimoko Board member 1 Feb 2005 Other 1181904
Shuhei Abe Board member 1 Feb 2005 Other 1030957
Sparx International Limited Shareholder 1 Feb 2005 50% - 75% foreign
Ltd Sparx Group Co. Shareholder 1 Feb 2005 50% - 75% foreign
Hee Ku Byun Chief compliance officer 1 Dec 2005 Other 5082936
Mikiro Shimizu Board member 1 Oct 2006 Other 4595474
Toshifumi Shimanaka Director 1 Feb 2009 Other 5640397
Masamichi Kudo Director 1 Feb 2009 Other 5640398
Kag Gyu Hwang Director 1 Feb 2009 Other 5640400
Koichi Kawai Auditor 1 Feb 2009 Other 265471
Toshifumi Shimanaka Co chief executive officer 1 Jun 2010 Other 5640397
Min Key Seo Chief investment officer 1 Jun 2010 Other 5808153
Young Gap Kim Chief compliance officer 1 Jun 2010 Other 5808154
Stacy H Sull Chief executive officer 1 Jul 2010 Other 5808152

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Shuhei Abe Shareholder 1 Jun 1989 50% - 75% 1030957
Ltd. Sparx Asset Management Co. Sole shareholder 1 Dec 2004 75% - 100% 134747
Ltd. Sparx Group Co. Sole shareholder 1 Dec 2004 75% - 100% foreign

Based in Seoul

The principal office where Cosmo Investment Management Co., Ltd. performs its advisory services is located at 7 Th Floor, East Wing, Posco Center, Seoul, 135 777, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 82-2-570-1600 or by fax 82-2-570-1690. The normal business hours are 0830-1730 on Monday - Friday. You can find more information about the New York firm at www.cosmoasset.com.

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