This study investigates the consequences of Asian women's intermarriage-whether it is associated with higher social standing and lower ethnic identity, using data on Asian women (N = 589) from the National Latino and Asian American Survey (NLAAS). The socioeconomic status of partners of women who intermarried and partners of women who married men of the same ethnicity are compared. The potential associations between intermarriage and two subjective measures--ethnic identity and perceived social standing--are explored. The study rejects the hypothesis based on the conventional belief that Asian women in the United States find "better" partners with higher socioeconomic status from other racial or ethnic groups. The findings support the view that marital assimilation leads to identificational assimilation and demonstrate that intermarriage is not associated with higher perceived social standing. The results suggest that educational and occupational endogamy plays a larger role in Asian women's intermarriage than social exchange.