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Pyrmont Wealth Management
Pyrmont Wealth Management was established in 2012 by Donald Soo, who previously held senior roles in banking and fund management in Australia and Singapore...
Pyrmont Wealth Management
Pyrmont Wealth Management was established in 2012 by Donald Soo, who previously held senior roles in banking and fund management in Australia and Singapore before relocating to Hong Kong. The firm operates from Causeway Bay and is regulated by the Hong Kong Securities and Futures Commission and the Hong Kong Insurance Authority. Pyrmont explicitly structures its advice model around a 'LifePlan' process, positioning itself for medium-to-high-net-worth clients — principally UK and Australian expatriates — across Hong Kong, the UK, mainland Europe, the Middle East, Asia, and Australia. Pyrmont’s advisory architecture covers financial planning, investment management, insurance solutions, and specialized cross-border pension and inheritance tax services. Asset-class exposure is delivered via managed portfolios rather than in-house fund products; the firm’s regulated Type 9 (asset management) license allows it to manage discretionary mandates. Its investment process is integrated into the LifePlan framework, benchmarking progress toward client-defined lifetime-income goals. The firm maintains dedicated service lines for UK and Australian expatriate pensions, including UK Pension Transfer advice through Alan Moore, a qualified specialist. CEO Donald Soo acts as Responsible Officer and holds ASIC licensing for Australian private-client work, reinforcing the firm's dual-jurisdiction capability. The leadership team includes Simon Parfitt, who focuses on life-centered planning and previously led an international financial planning firm in Hong Kong, and David Budden, Director of Wealth Management, who joined in 2018 after building a HNW client base following a move from Switzerland in 2012. No separate philanthropic vehicle or club membership is disclosed. The firm’s structural distinction lies in its regulatory stack for a cross-border wealth manager serving expatriates: it operates SFC Type 4 (advising on securities) and Type 9 (asset management) licenses alongside an insurance license and ASIC accreditation. This combination allows Pyrmont to simultaneously advise on, manage, and insure a client’s financial life under one roof — a setup purpose-built for mobile professionals with tax obligations spanning Hong Kong, the UK, and Australia.
General information
Firm type
Bank / Wealth / Trust
Year founded
2012
AUM
Undisclosed
Location
Region
Asia
Country
Hong Kong
City
Hong Kong
Corporate office
1217-19 Leighton Centre, 77 Leighton Road, Causeway Bay, Hong Kong
Principals
Donald Soo
CEO and Responsible Officer
Simon Parfitt
Financial Planner (implied; former C.E of an international planning firm)
Alan Moore
UK Pension Transfer Specialist
David Budden
Director - Wealth Management
Sector focus
Frequently asked questions
What regulatory licenses does Pyrmont Wealth Management hold?
Pyrmont holds Securities and Futures Commission (SFC) Type 4 (advising on securities) and Type 9 (asset management) licenses, an insurance license from the Hong Kong Insurance Authority, and CEO Donald Soo maintains ASIC licensing in Australia for Australian private-client matters. This combination permits discretionary portfolio management, securities advisory, and insurance intermediation within a single entity.
Does Pyrmont manage assets on a discretionary basis?
Yes. The firm’s SFC Type 9 license authorizes it to provide asset management, and its website describes investment management as a core service alongside financial planning. Client portfolios are managed within the firm’s broader LifePlan financial-planning framework.
Who makes investment decisions at Pyrmont?
Donald Soo, as CEO and Responsible Officer, oversees the firm’s regulated activities. David Budden leads the wealth management function as Director. The firm has not publicly disclosed a separate investment committee, and all four named principals — Soo, Parfitt, Moore, and Budden — participate in client-facing advisory roles.
What is Pyrmont’s 'LifePlan' process?
LifePlan is Pyrmont’s proprietary, goal-based planning methodology. It uses financial-planning software to model lifetime income, expenditure, tax, and protection scenarios, benchmarked against client-defined life goals. The process integrates investment management, insurance, and cross-border pension advice into a single coordinated plan.
How does Pyrmont handle UK and Australian expatriate pensions?
The firm maintains dedicated UK Expatriate Services and Australian Expatriate Services verticals. Alan Moore is a qualified UK Pension Transfer specialist, advising on occupational and personal pension structures. For Australian clients, Donald Soo’s ASIC licensing enables direct advice on Australian private-client pensions and regulatory requirements.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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