{"url":"https://nivawealth.com/firms/db-advisory-america-limited-ltd-313938","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/313938","regulatoryAum":1300000000,"crd":"313938","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7824020","suffix":null,"lastName":"Juhn","firstName":"Kyung-suk","middleName":null},{"crd":"7375684","suffix":null,"lastName":"Park","firstName":"Yong Ook","middleName":null}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-28","regulatoryAum":0,"clients":0,"employees":1,"offices":1},{"filedOn":"2022-03-08","regulatoryAum":641000000,"clients":2,"employees":1,"offices":1},{"filedOn":"2023-02-10","regulatoryAum":882000000,"clients":2,"employees":1,"offices":1},{"filedOn":"2024-02-15","regulatoryAum":1195000000,"clients":2,"employees":3,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":1092800000,"clients":3,"employees":3,"offices":1},{"filedOn":"2026-01-29","regulatoryAum":1300000000,"clients":3,"employees":2,"offices":1}],"secFileNumber":"801-121559","legalName":"DB Advisory America, Limited(ltd)","displayName":"DB Advisory America, Limited(ltd)","slug":"db-advisory-america-limited-ltd-313938","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"551 5th Avenue, Suite 1922","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10176-1906"},"tradeNames":[],"registration":{"secApproved":"21 June 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1300000000,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":1300000000,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":100,"nonAumClients":0},"clientTypes":[{"label":"Insurance companies","clients":3,"regulatoryAum":1300000000}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Bank of Hawaii","shortName":"Bank of Hawaii","location":"Honolulu, HI","smaAssets":1000000000}],"custodyNote":"DB Advisory America, Limited(ltd) does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Yong Ook Park","title":"President and Chief Compliance Officer","crd":"7375684"}],"ownership":[{"label":"DB Insurance Co., LTD.","detail":"Owner in the 75% or more ownership band and a control person, since July 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"551 5th Avenue, Suite 1922","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-261-4798","stateRegisteredReps":2,"otherAdviserReps":1,"compensation":["Fixed fees (other than subscription fees)"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":27},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":40},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":30}],"privateFunds":0},"sources":{"adv1FilingDate":"29 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/313938/PDF/313938.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does DB Advisory America, Limited(ltd) have?","answer":"DB Advisory America, Limited(ltd) has 3 clients and manages $1.3 billion for them, as of January 2026. They include 3 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does DB Advisory America, Limited(ltd) offer?","answer":"DB Advisory America, Limited(ltd) provides portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does DB Advisory America, Limited(ltd) use?","answer":"DB Advisory America, Limited(ltd)’s separately managed account assets are held at Bank of Hawaii (Honolulu, HI), with $1B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does DB Advisory America, Limited(ltd) have?","answer":"DB Advisory America, Limited(ltd) has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does DB Advisory America, Limited(ltd) invest in?","answer":"At the end of its last fiscal year, DB Advisory America, Limited(ltd)’s separately managed accounts held 40% investment grade corporate bonds, 30% pooled vehicles (private funds and similar), 27% U.S. government and agency bonds and 3% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns DB Advisory America, Limited(ltd)?","answer":"DB Advisory America, Limited(ltd)’s direct owner is DB Insurance Co., LTD. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 29 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does DB Advisory America, Limited(ltd) get paid?","answer":"DB Advisory America, Limited(ltd) is paid through fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact DB Advisory America, Limited(ltd)?","answer":"DB Advisory America, Limited(ltd)’s main office is at 551 5th Avenue, Suite 1922, New York, NY 10176-1906. Its phone number is 917-261-4798.","source":"Form ADV Part 1A, Item 1.F, filed 29 January 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}