An AC/DC power converter utilizing a single stage boost-asymmetric LLC topology is disclosed. The converter uses a combined pulse width modulation (PWM) and frequency modulation (FM) to achieve dual control for a single main magnetic element (transformer). The transformer provides an output voltage regulation throughout the primary-secondary isolation operating in resonant mode (LLC) by means of frequency modulation, while at the same time its magnetizing inductance is conditioning the input current and providing a boosted high voltage for energy storage purpose by means of duty cycle control. A single pair of complementary primary switches is used to drive the primary winding of the transformer in order to achieve both voltage regulation and power conditioning. The secondary side capacitors and the resonant inductor, which may be either integrated into the transformer or external to the transformer, achieve the resonant function of the transformer.