Noah Holdings, Ltd. is a leading wealth and asset management service provider in China with a focus on high-net-worth individuals. In the first nine months of 2020, Noah Holdings distributed RMB73.4 billion (US$10.8 billion) of financial products. Through Gopher Asset Management, it had assets under management of RMB155.7 billion (US$22.9 billion) as of September 30, 2020.
Noah Holdings' wealth management business primarily distributes private equity, public securities, credit, and insurance products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,204 relationship managers in 79 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, United States, Canada, Australia, and Singapore. Noah Holdings' wealth management business had 350,409 registered clients as of September 30, 2020. As a leading alternative multi-asset manager in China, Gopher Asset Management manages private equity, real estate, public securities, credit, and multi-strategy investments denominated in RMB and other currencies. Noah Holdings also provides lending services and other businesses.