# Lei Zhang

> Lei Zhang is a fee-only financial advisor at Palm Springs Advisory in Beijing, China. Palm Springs Advisory reports charging a percentage of assets, hourly fees and performance-based fees on its Form ADV.

Page: https://find.wellspent.co/advisors/lei-zhang/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Palm Springs Advisory
- **Based in:** Beijing, China
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Performance-based fees
- **Assets under management (firm):** $35.5M across 25 accounts
- **Works with:** Ultra high net worth
- **CRD:** 6875983 (https://adviserinfo.sec.gov/individual/summary/6875983)
- **SEC registration:** Investment adviser representative in DE
- **Exams passed:** Series 65 (2017)
- **Firm size:** 2 employees
- **Disclosures:** None reported
- **Website:** http://www.palmspringsadvisory.com/

## Frequently asked questions

### Is Lei Zhang a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Lei holds no broker registration, and Palm Springs Advisory reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Lei charge for financial advice?

Lei's firm, Palm Springs Advisory, reports charging a percentage of assets, hourly fees and performance-based fees on its SEC Form ADV.

### Where is Lei Zhang based?

Lei Zhang is based in Beijing, China.

### Is Lei Zhang registered with the SEC?

Yes. Lei Zhang is registered as an investment adviser representative in DE (CRD 6875983), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Palm Springs Advisory manage?

Palm Springs Advisory reports $35.5M across 25 accounts in assets under management.

### How do I contact Lei Zhang?

Through Lei's website, www.palmspringsadvisory.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6875983): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (http://www.palmspringsadvisory.com/): specialties, clients served, and fees, checked October 30, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.