| ONE-ADVISORY-SERVICE-CLIENT |
ONE-ADVISORY-SERVICE-CLIENT |
92%
|
For the fiscal year ended September 30, 2023, we generated approximately 81.24% of our revenues from asset management services through one advisory service client, which accounted for approximately 6… |
| TWO-ADVISORY-SERVICE-CLIENTS |
TWO-ADVISORY-SERVICE-CLIENTS |
92%
|
For the fiscal year ended September 30, 2024, we generated approximately 95.85% of our revenues from asset management services through two advisory service clients, which accounted for approximately … |
| U-S-BASED-INSURANCE-AGENCY |
U-S-BASED-INSURANCE-AGENCY |
92%
|
For the fiscal year ended September 30, 2022, we generated approximately 99.93% of our revenues from wealth management services through cooperation with a U.S. based insurance agency, which accounted… |
| UBS |
UBS Group AG |
72%
|
and names. The principal competitors for our subsidiaries’ wealth management services include: ● Private banks. Many private banks rely on their own wealth management arms and sales force to distribu… |
| UBS |
UBS Group AG |
72%
|
Reciprocal relationship from UBS graph: Reciprocal relationship from AURE graph: Reciprocal relationship from UBS graph: Reciprocal relationship from AURE graph: and names. The principal competitors … |
| CALIFORNIA-THE-CAYMAN-ISLANDS-THE-GROUP |
CALIFORNIA-THE-CAYMAN-ISLANDS-THE-GROUP |
62%
|
ents held at amortized cost. F- 22 PRESTIGE WEALTH INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 7 CONCENTRATIONS (cont.) Concentration of credit risk (cont.) The Group’s accounts receivables,… |
| CAREFULLY-SELECTED-BUSINESS-PARTNERS |
CAREFULLY-SELECTED-BUSINESS-PARTNERS |
62%
|
ts to grow their client base. Carefully Selected Business Partners such as Product Brokers and Underlying Fund Managers With respect to our subsidiaries’ wealth management services, our subsidiaries … |
| COMPANY-THE-GROUP |
COMPANY-THE-GROUP |
62%
|
October 1, 2022. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” It requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should … |
| EXEMPTED-LIMITED-PARTNERSHIP-PRESTIGE-WEALTH-AME |
EXEMPTED-LIMITED-PARTNERSHIP-PRESTIGE-WEALTH-AME |
62%
|
ndividuals and enterprises. Prestige Global Capital Inc. (“PGCI”) is a wholly-owned subsidiary of PAI. It was established on November 3, 2020 under the laws of the Cayman Islands, and provides asset … |
| FINANCIAL-RESOURCES |
FINANCIAL-RESOURCES |
62%
|
g on the type of regulated activity, licensed corporations must maintain at all times paid-up share capital and liquid capital not less than the specified amounts according to the Securities and Futu… |
| GROUP-PRESTIGE-FINANCIAL-HOLDINGS-GROUP-LIMITED |
GROUP-PRESTIGE-FINANCIAL-HOLDINGS-GROUP-LIMITED |
62%
|
is a wholly owned subsidiary of PPWM. It was established on February 15, 2022 in California, and provides wealth management services to third parties. AISYS Inc. (“AISYS”) was incorporated in the Bri… |
| INACTIVE-PRESTIGE-ASSET-MANAGEMENT-LIMITED |
INACTIVE-PRESTIGE-ASSET-MANAGEMENT-LIMITED |
62%
|
is a wholly owned subsidiary of PPWM. It was established on February 15, 2022 in California, and provides wealth management services to third parties. AISYS Inc. (“AISYS”) was incorporated in the Bri… |
| LEASES-THE-GROUP |
LEASES-THE-GROUP |
62%
|
ents held at amortized cost. F- 22 PRESTIGE WEALTH INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 7 CONCENTRATIONS (cont.) Concentration of credit risk (cont.) The Group’s accounts receivables,… |
| PRESTIGE-CAPITAL-GROUP-INC |
PRESTIGE-CAPITAL-GROUP-INC |
62%
|
ents held at amortized cost. F- 22 PRESTIGE WEALTH INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 7 CONCENTRATIONS (cont.) Concentration of credit risk (cont.) The Group’s accounts receivables,… |
| PRESTIGE-FINANCIAL-HOLDINGS-GROUP-LIMITED |
PRESTIGE-FINANCIAL-HOLDINGS-GROUP-LIMITED |
62%
|
. The shares are presented on a retroactive basis to reflect the nominal share issuance. Please see Note 15 to the consolidated financial statements for additional information related to the nominal … |
| PRESTIGE-GLOBAL-ASSET-MANAGEMENT-LIMITED |
PRESTIGE-GLOBAL-ASSET-MANAGEMENT-LIMITED |
62%
|
is a wholly owned subsidiary of PPWM. It was established on February 15, 2022 in California, and provides wealth management services to third parties. AISYS Inc. (“AISYS”) was incorporated in the Bri… |
| PRESTIGE-SECURITIES-LIMITED |
PRESTIGE-SECURITIES-LIMITED |
62%
|
Rental fee due from PSL 15,357 — 15,357 Provision of current expected credit losses — ( 15,432 ) ( 1,686,600 ) ( 1,702,032 ) Exchange diff. — 75 56,596 56,671 Balance as of 9/30/2024 — — — — F- 31 PR… |
| TAXATION-THE-GROUP |
TAXATION-THE-GROUP |
62%
|
ents held at amortized cost. F- 22 PRESTIGE WEALTH INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Note 7 CONCENTRATIONS (cont.) Concentration of credit risk (cont.) The Group’s accounts receivables,… |
