Serenity Capital LLC (Palo Alto)

Serenity Capital LLC is a large advisory firm based in Palo Alto. It manages $2.26 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Serenity Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Serenity Capital: assets under management

The assets under management (AUM) of Serenity Capital LLC is $2.26 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 168% since the beginning of its operation, and $2.26 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $754.58 million each.

Serenity Capital has custody of $2.19 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Serenity Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Serenity Capital serves?

The only and largest group of clients of Serenity Capital is pooled investment vehicles with 3 clients and $2.26 billion of assets under management. Among the 10 most similar advisory firms, Serenity Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.26 billion for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Serenity Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Serenity Capital LLC

The company employs 11 people that are either part- or full-time employees. 45 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
Wang (Nmn) Chen	Managing member	1 Aug 2016	Other	6397303
Peishan (Nmn) Xiao	Chief compliance officer	1 Aug 2016	Other	6740685
Inc. Serenity Investment Management	Managing member	1 May 2018	75% - 100%	83-0535843
Chuan (Nmn) Liu	Chief compliance officer	1 Aug 2019	Other	7166319

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Wang (Nmn) Chen	Sole shareholder	1 May 2018	75% - 100%	6397303

Based in Palo Alto

The principal office where Serenity Capital LLC performs its advisory services is located at 530 Lytton Avenue,, Palo Alto, CA 94301, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-617-3342. The normal business hours are 9 am - 6 pm on Monday - Friday.