Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd (Sao Paulo)

Name: Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd
Address: Av. Presidente Juscelino Kubitschek, Sao Paulo, 04543 011
Telephone: 55-11-2608-8500

Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd is a large advisory firm based in Sao Paulo. It manages $564.07 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2010.

Mirae Asset Global Investimentos (Brasil) Gestao De Recursos provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Mirae Asset Global Investimentos (Brasil) Gestao De Recursos: assets under management

The assets under management (AUM) of Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd is $564.07 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $564.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.56 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd for their services and products based on a percentage of assets under management. 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 Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd

Young Hwan Kim has been acting as President since 1 Mar 2009. Chunyoung Rhie joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mirae Asset Global Investiments (Hk) Limited	Shareholder	1 Apr 2008	25% - 50%	00/0000000
Caroline Vitorelli Custodio	Chief compliance officer	1 Jul 2008	Other	5750496
Emiliano Spyer Rezende	Legal manager	1 Sep 2008	Other	5750498
Ltd Mirae Asset Investments Co.	Shareholder	1 Oct 2008	75% - 100%	00/0000000
Ltd Mirae Asset Global Investments Co.	Shareholder	1 Oct 2008	75% - 100%	00/0000000
Young Cheol Kim	Director	1 Nov 2008	Other	5750487
Bong Hee Yoo	Director	1 Feb 2009	Other	5750490
Young Hwan Kim	Director	1 Mar 2009	Other	5750486
Fabricio Romanha Oliveira	Director	1 Mar 2009	Other	5750494
Joao Carlos Morais	Chief marketing officer	1 Nov 2009	Other	5750491
Mi Seob Kim	Director	1 Apr 2010	Other	5857599
Chunyoung Rhie	Director	1 Jul 2010	Other	5857605
Myungjoon Kim	Director	1 Jul 2010	Other	5857607
Soon Shin Kim	Director	1 Jul 2010	Other	5857610

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd Mirae Asset Maps Global Investments Co.	Indirect owner	1 Dec 2006	75% - 100%	00/0000000
Hyeon Joo Park	Indirect shareholder	1 Apr 2008	25% - 50%	5547860
Ltd Kria Co.	Inderect shareholder	1 Oct 2008	25% - 50%	00/0000000

Based in Sao Paulo

The principal office where Mirae Asset Global Investimentos (Brasil) Gestao De Recursos Ltd performs its advisory services is located at Av. Presidente Juscelino Kubitschek, Sao Paulo, 04543 011, 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 55-11-2608-8500 or by fax 55-11-2608-8552. The normal business hours are 9:00-18:00 on Monday - Friday. You can find more information about the New York firm at www.miraeasset.com.br.