Hsbc Securities (usa) INC.
Assets Under Management
$3.2B
Number of Clients
12,180
Number of Advisors
338
Average Client AUM
$265K
AUM per Advisor
$9.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
HSBC Securities offers the Prism Program to its private banking clients. The program includes asset allocation advice, risk profiling, professional asset management, trading, model and drift management, custody, and ongoing monitoring. It offers Prism Discretionary and Prism Advisory solutions, designed to match investments with clients’ objectives, risk appetite, time horizon and liquidity needs.
Fee Structure
The Prism Program has a fee structure that includes a program fee based on asset tiers, a manager fee, and other fees like trading commissions and model fees (for the Advisory program). Program fees range from 1.2% to 0.30%. If clients in Prism Advisory use an HSBC or third-party manager model or separately managed account, they'll also pay a manager fee, ranging from 0.08% to 0.50% depending on the strategy (Fixed Income: 0.08%-0.40%, Equity: 0.20%-0.50%). There is also a Prism Liquidity Management option with fees ranging from 0.35%-0.20% and a minimum AUM of $25,000,000.
Areas of Practice
Location
66 Husdson Boulevard East, New York, NY, 10001