Cosmo Investment Management Co., Ltd. (Seoul)

Name: Cosmo Investment Management Co., Ltd.
Address: 7 Th Floor, East Wing, Posco Center, Seoul, 135 777
Telephone: 82-2-570-1600

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.