Upright Financial Corp
- Regulatory AUM
- $98.0M
- Discretionary
- $98.0M
- Clients
- 36
- Avg AUM / client
- $2.7M
- Accounts
- 36
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 19 | $7.7M | 7.85% |
| High net worth individuals | 12 | $38.1M | 38.9% |
| Investment companies | 3 | $31.9M | 32.6% |
| Pooled investment vehicles (non-investment companies) | 1 | $19.0M | 19.4% |
| Charitable organizations | 1 | $1.2M | 1.26% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $7.2M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Upright Capital Usa Llc | Hedge Fund | Delaware | $7.2M | 7 |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chiueh, Yowshang, David | President | Jan 1991 (36y) | 75% or more | |
| Liang Chun Wu | Registered representative | May 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $7.2M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Upright Capital Usa Llc | Hedge Fund | $7.2M | $250K | 7 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.5 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: UPRIGHT'S AND CHIUEH'S MANAGEMENT OF UPRIGHT GROWTH FUND "UPUPX", THAT FROM 7/1/17 TO 6/30/20, MADE INVESTMENTS INCONSISTENT WITH UPUPX'S (I) CLASSIFICATION AS A DIVERSIFIED INVESTMENT COMPANY, AND (II) FUNDAMENTAL POLICY ON INDUSTRY CONCENTRATION; AND MISCALCULATED UPUPX'S NAV ON CERTAIN DAYS DURING THE SAME PERIOD. Status: Final Sanction Detail: RETAIN SERVICES OF AN INDEPENDENT COMPLIANCE CONSULTANT Summary: REQUIRED FINES PAID IN INSTALLMENTS. UNDERTAKINGS BEING FOLLOWED ACCORDING TO SCHEDULE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Commissions
- • Performance-based fees
- • Other fees
- • PACKAGE FEE
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Pension consulting services
- • Educational seminars/workshops
Custody
Reported custodians
- Firstrade Securities Inc. $45.4M (46% of AUM) Mar 2026
- Scottrade, Inc. $20.9M (45% of AUM) May 2018
- E*TRADE (Morgan Stanley) $20.2M (38% of AUM) Jul 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗