Overview
A. Our Company & Principals
Upright Financial Corp. (“UFC”) is a financial advisory firm registered with Securities
and Exchange Commission (SEC) as a Registered Investment Advisor (“RIA”). It has
been in business since October 1990. The firm’s principal owner is “David” Yow-Shang
Chiueh, MBA.
B. Type of Financial Services
UFC provides both Comprehensive Financial Planning and Portfolio Management
services for private clients and companies through a Full Trading Authorization and/or a
Limited Power of Attorney. Comprehensive Financial Planning includes analysis and
recommendations on the client’s income, properties, estate, tax, insurance, and retirement
planning. Portfolio Management includes investing in stocks, mutual funds, trust
accounts, and pension accounts.
C. Customization of Accounts
UFC meets with clients periodically to review their financial situation, answer questions,
and consult if any adjustments are
needed to meet their financial objectives based on their
risk tolerance and time horizon. For individual clients who have expressed interests, we
offer a financial scenario analysis to help clients make major life decisions such as
relocation, career change, retirement projections, cash flow analysis and college planning.
We also provide tracking service to monitor our clients account performance against their
goals on an ongoing basis.
D. Wrap Fee Programs
At present UFC operates as a fee based advisor, and is compensated by the clients
semiannually in advance. The firm does not offer nor participate in any wrap fee
programs. We do not receive any commissions of any kind from brokers, custodians, or
investment funds, nor are we supplied with third party research credits.
E. Assets Under Management
Client assets are managed on a purely discretionary basis. As of 12/31/2022, our
discretionary assets under management totaled $53.59 million.