Thai Farmers Asset Management Co Ltd (Bangkok)


Thai Farmers Asset Management Co Ltd is a large advisory firm based in Bangkok. It manages $1.89 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2001.

Thai Farmers Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and 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.

Thai Farmers Asset Management: assets under management

The assets under management (AUM) of Thai Farmers Asset Management Co Ltd is $1.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $60.96 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thai Farmers Asset Management Co Ltd for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Thai Farmers Asset Management Co Ltd

Charae Chutharatkul has been acting as President since 1 Aug 1996. Muang Thai Holding Company Limited joined the executive team most recently as the Shareholder.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Thai Farmers Bank Plc. Shareholder 1 Mar 1992 50% - 75% foreign
Muang Thai Life Assurance Company Limited Shareholder 1 Mar 1992 Other foreign
Merrill Lynch Investment Managers (Channel Islands) Limited Shareholder 1 Mar 1992 Other foreign
Dayana Bunnag Director/president/investment committee 1 Mar 1992 Other 4379697
Andrew Searle Dalton Director 1 Mar 1992 Other 4379699
Pakineenard Tiyachate Director 1 Mar 1992 Other 4379705
Kraisorn Sudasna Director 1 Mar 1992 Other 4379712
Yingyong Nilasena First senior vice president/investment committee 1 Mar 1992 Other 4379799
Saowanee Srisuwannakit First senior vice president 1 Mar 1992 Other 4379812
Sopana Janeborvorn First senior vice president/investment committee 1 Mar 1992 Other 4379839
Sanya Nongsuwan Senior vice president 1 Apr 1995 Other 4379845
Charupatra Thonglongya Investment committee 1 Aug 1995 Other 4379861
Saisamorn Phongbuniert Vice president/investment committee 1 Jan 1996 Other 4379850
Charae Chutharatkul Director/chairman 1 Aug 1996 Other 4379685
Nualphan Phanchet Director 1 May 1997 Other 4379749
Veerawat Phongsathit Senior vice president 1 Sep 1997 Other 4379853
Prasert Khanobthamchai Investment committee 1 Feb 1998 Other 4379864
Seiichi Fukuyama Director 1 Jul 1999 Other 4379754
Poonpipat Aungurikul Director 1 Sep 1999 Other 4379762
Pranee Kiatchaipipat Investment committee 1 Jul 2000 Other 4379870
Jarujit Thongyai Na Ayudhaya Investment committee 1 Jul 2000 Other 4379878
Muang Thai Holding Company Limited Shareholder 1 Sep 2000 Other foreign

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Merrill Lynch Investment Managers Holdings Bv Parent company 1 Mar 1992 75% - 100% foreign
Merrill Lynch Investment Managers (Finance) Limited Parent company 1 Mar 1992 75% - 100% foreign
Merrill Lynch Investment Managers Group Services Limited Parent company 1 Mar 1992 75% - 100% foreign
Merrill Lynch Investment Managers Limited(Uk) Parent company 1 Mar 1992 75% - 100% foreign
Merrill Lynch Investment Managers Group Limited Parent company 1 Mar 1992 75% - 100% foreign
Inc. (Usa) Merrill Lynch Group Parent company 1 Dec 1997 75% - 100% na
London Ml Invest Holdings Limited Parent company 1 Dec 1997 75% - 100% foreign
Inc.(Usa) Ml Invest Parent company 1 Dec 1997 75% - 100% na
Inc. (Usa) Merrill Lynch & Co. Ultimate parent company 1 Dec 1997 75% - 100% na
Sombat Lamsam Company Limited Parent company 1 Aug 1999 25% - 50% foreign
Muang Thai Holding Company Limited Parent company 1 Mar 2000 75% - 100% foreign

Based in Bangkok

The principal office where Thai Farmers Asset Management Co Ltd performs its advisory services is located at 252/38 41 Muang Thai Phatra Office Twr 1, Bangkok, 10320, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 662-693-2300 or by fax 662-693-2320. The normal business hours are 8.30-17.30 on Monday - Friday.