# EDGAR Filing Document

**Accession Number:** 0001765850
**File Stem:** 0000000000-23-002934
**Filing Date:** 2023-3
**Character Count:** 8011
**Document Hash:** 5ea7a95ee5e901c5e81db365bf25d6b4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002934.hdr.sgml**: 20230731

**ACCESSION NUMBER**: 0000000000-23-002934

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230323

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prestige Wealth Inc.
- **CENTRAL INDEX KEY:** 0001765850
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 3201, CHAMPION TOWER
- **STREET 2:** 3 GARDEN ROAD, CENTRAL
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 852 2122 8560

**MAIL ADDRESS:**
- **STREET 1:** SUITE 3201, CHAMPION TOWER
- **STREET 2:** 3 GARDEN ROAD, CENTRAL
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 00000
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-19-002730

## Text-Extract

```

United States securities and exchange commission logo

                            March 23, 2023

       Hongtao Shi
       Chief Executive Officer
       Prestige Wealth Inc.
       Suite 5102, 51/F
       Cheung Kong Center
       2 Queen   s Road Central
       Hong Kong

                                                        Re: Prestige Wealth
Inc.
                                                            Amendment No. 3 to
Registration Statement on Form F-1
                                                            Filed March 10,
2023
                                                            File No. 333-267999

       Dear Hongtao Shi:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
February 28, 2023 letter.

       Amendment No. 3 to Registration Statement Filed March 10, 2023

       General

   1.                                                   We note your response
to prior comment 1, but do not necessarily agree with your
                                                        analysis that the
Richard Ellis SEC Staff No-Action Letter (1981) was replaced with tests
                                                        described in Protecting
Investors: A Half Century of Investment Company Regulation
                                                        (1992) (   Protecting
Investors   ) under your circumstances. Please state whether you are
                                                        relying on any
no-action letters issued after Protecting Investors in your integration
                                                        analysis of PWAI and
the Asset Management Subsidiaries, and, if so, supplementally
                                                        provide your detailed
legal analysis as to how such no-action letters apply.
 Hongtao Shi
Prestige Wealth Inc.
March 23, 2023
Page 2
2.     In your response to prior comment 1, you state that PWAI and the Asset
Management
       Subsidiaries are operationally distinct. Please supplementally provide
detailed
       information to support this claim. For example, please describe where
any compliance
       department is located; where employees, officers and directors are
located; and whether
       any operational resources are shared.
Risk Factors
If we were deemed to be an    investment adviser    subject to registration and
regulation under the
Investment Advisers Act of 1940..., page 33

3.     Please revise your risk factor language to clearly disclose the bases on
which you claim to
       be exempt from registration and regulation under the Advisers Act.
        You may contact William Schroeder at 202-551-3294 or Michael Volley at
202-551-
3437 if you have questions regarding comments on the financial statements and
related
matters. Please contact David Gessert at 202-551-2326 or Susan Block at
202-551-3210 with
any other questions.

                                                            Sincerely,
FirstName LastNameHongtao Shi
                                                            Division of
Corporation Finance
Comapany NamePrestige Wealth Inc.
                                                            Office of Finance
March 23, 2023 Page 2
cc:       Ying Li, Esq.
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 23, 2023

Hongtao Shi  
Chief Executive Officer  
Prestige Wealth Inc.  
Suite 5102, 51/F  
Cheung Kong Center  
2 Queen's Road Central  
Hong Kong

**Re: Prestige Wealth Inc.**

**Amendment No. 3 to Registration Statement on Form F-1**

**Filed March 10, 2023**

**File No. 333-267999**

Dear Hongtao Shi:

We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our February 28, 2023 letter.

Amendment No. 3 to Registration Statement Filed March 10, 2023

# General

1. We note your response to prior comment 1, but do not necessarily agree with your analysis that the Richard Ellis SEC Staff No-Action Letter (1981) was replaced with tests described in Protecting Investors: A Half Century of Investment Company Regulation (1992) (“Protecting Investors”) under your circumstances. Please state whether you are relying on any no-action letters issued after Protecting Investors in your integration analysis of PWAI and the Asset Management Subsidiaries, and, if so, supplementally provide your detailed legal analysis as to how such no-action letters apply.

Hongtao Shi  
Prestige Wealth Inc.  
March 23, 2023  
Page 2

2. In your response to prior comment 1, you state that PWAI and the Asset Management Subsidiaries are operationally distinct. Please supplementally provide detailed information to support this claim. For example, please describe where any compliance department is located; where employees, officers and directors are located; and whether any operational resources are shared.

# Risk Factors

If we were deemed to be an “investment adviser” subject to registration and regulation under the Investment Advisers Act of 1940..., page 33

3. Please revise your risk factor language to clearly disclose the bases on which you claim to be exempt from registration and regulation under the Advisers Act.

You may contact William Schroeder at 202-551-3294 or Michael Volley at 202-551-3437 if you have questions regarding comments on the financial statements and related matters. Please contact David Gessert at 202-551-2326 or Susan Block at 202-551-3210 with any other questions.

Sincerely,

Division of Corporation Finance Office of Finance

cc: Ying Li, Esq.