Prestige Wealth Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kazuho Komoda
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Cheung Kong Center Central Hong Kong
- IPO Date
- Jul 7, 2023
- CIK
- 0001765850
- Website
- prestigewm.hk
- Similar Companies
- Business
- Prestige Wealth Inc. engages primarily in wealth management and asset management services, offering a comprehensive range of financial solutions including retirement planning, investment management, tax advisory, insurance, and customized financial planning. The company operates chiefly through its subsidiaries based in Hong Kong and extends its services across Asia, including Singapore and Japan. Core product offerings include AI-driven wealth management solutions, facilitated by recent acquisitions in technologies such as Wealth AI PTE LTD, InnoSphere Tech Inc., and Tokyo Bay Management Inc., which enhance the company’s capabilities in artificial intelligence and web data scraping to improve portfolio management and market intelligence. Founded in 2018 and headquartered in Hong Kong, Prestige Wealth Inc. has undertaken significant strategic changes recently to bolster its technological and financial standing. In 2024 and 2025, it completed several acquisitions aimed at expanding its technology-driven asset management capabilities, notably acquiring Singapore-based Wealth AI for $4.82 million and InnoSphere Tech with its AI-powered financial news intelligence agent. Additionally, the company has engaged in substantial financing activities, including a $100 million private investment in public equity (PIPE) anchored by Antalpha Platform Holding Company and a $50 million senior debt facility. These funds supported its purchase of approximately $134 million worth of Tether Gold (XAU₮), positioning Prestige Wealth as a key player in tokenized gold assets and digital real-world assets. The company also announced plans to rebrand as Aurelion Inc. with a ticker change to AURE, reflecting a strategic shift towards integrating blockchain-based digital assets in its treasury management. Prestige Wealth's business segments focus on high-net-worth individual clients and institutional investors, leveraging AI and digital asset innovation to create next-generation wealth management services. Its recent operational shifts include divesting certain subsidiaries like Prestige Assets International Inc. and enhancing its infrastructure with a new headquarters designed to support excellence in service delivery. Despite challenges such as reported losses in early 2025 and Nasdaq compliance issues regarding minimum bid price, the company remains committed to innovation and growth in the wealth and asset management landscape across Asia-Pacific markets. This comprehensive approach, combining traditional wealth advisory with advanced AI applications and emerging digital asset strategies, delineates Prestige Wealth Inc.’s evolving market positioning and future growth trajectory.
Aurelion Inc. (NASDAQ: AURE) Has Completed its Renaming from Prestige Wealth Inc. (Previously Traded under NASDAQ: PWM)
Prestige Wealth Inc. (NASDAQ: AURE) Completes $134 Million Purchase of Tether Gold (XAU₮)
Prestige Wealth Inc. Announces First Half of Fiscal Year 2025 Financial Results
Microchip Enhances Digital Signal Controller Lineup with Industry-Leading PWM Resolution and ADC Speed
Prestige Wealth Inc. to Change Business Address
Prestige Wealth Inc. announces that its subsidiary InnoSphere integrates DeepSeek, accelerating full-scale transformation into AI Fintech
Prestige Wealth Inc. Announces First Half of Fiscal Year 2024 Financial Results
Prestige Wealth Inc. regains compliance with Nasdaq minimum bid price requirement
Prestige Wealth Inc. Announces Closing of Acquisitions of InnoSphere Tech and Tokyo Bay
Prestige Wealth Inc. Announces Acquisition of Tokyo Bay
Prestige Wealth Inc. Announces Acquisitions of InnoSphere Tech and Closing of Acquisition of Wealth AI
Prestige Wealth Inc. Announces Acquisition of Wealth AI, an AI-Driven Wealth Management Solution Provider
Prestige Wealth Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Prestige Wealth (PWM) stock has gone parabolic but faces risks
Prestige Wealth Inc. Announces First Half of Fiscal Year 2023 Financial Results
Prestige Wealth Inc. to Change Business Address
Russell 2000 ETF Momentum Sparks Volatility In Small Caps
Prestige Wealth stock soars again, to trade 480% above IPO price in 3 days
Prestige Wealth Inc. Announces Closing of Initial Public Offering
Prestige Wealth IPO Lifts Hong Kong Stocks TOP, HKD, MEGL