Proa Partners Pte Ltd (Singapore)

Proa Partners Pte Ltd is a large advisory firm based in Singapore. It manages $693.66 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2011.

Proa Partners Pte 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.

Proa Partners Pte: assets under management

The assets under management (AUM) of Proa Partners Pte Ltd is $693.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1287% since the beginning of its operation, and $79.65 million of the total AUM is attributable to clients outside of the United States.

The firm manages $693.66 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.54 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Proa Partners Pte 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.

What kind of clients Proa Partners Pte serves?

The firm provides services to charitable organizations and pooled investment vehicles. The largest group of clients of Proa Partners Pte is charitable organizations with 14 clients and $551.01 million of assets under management. Among the 8 most similar advisory firms, Proa Partners Pte has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $598.27 million for 15 clients. 14% of the firm’s clients are foreign persons or businesses.

Proa Partners Pte also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000 for each fund.

Careers at Proa Partners Pte Ltd

The company employs 10 people that are either part- or full-time employees. 40 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frances Therese Paulino Dydasco Kieswetter	Partner	1 May 2010	75% - 100%	5954485
Jean Louis Morisot	Partner	1 May 2010	Other	5954489
Frances Therese Dydasco	Partner	1 May 2010	50% - 75%	5954485
Sock Li Joanne Ang	Chief compliance officer	1 Aug 2014	Other	6448370

Based in Singapore

The principal office where Proa Partners Pte Ltd performs its advisory services is located at 1 Scotts Road, #22 04/05, Singapore, 228208, 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 65 6671 2588 or by fax 65 6735 7038. The normal business hours are 9am-6pm on Monday - Friday.