Hsbc Securities (USA) Inc.

Broker-DealerFINRA MemberEst. 2005

Total AUM

$3.8B

Discretionary

$825M

21% of AUM

Accounts

12,108

Employees

490

Advisory reps

1,291

Brokerage reps

365

Firm details

Headquarters: New York, New York
CRD number: 19585
Registered since: August 30, 2005
Website: www.us.hsbc.com
Custodians: PERSHING LLC, HSBC
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Individuals56%
HNWI40.4%
Pooled Investment Vehicles2.29%
Corporations / Businesses1.19%
Pension & Profit Sharing Plans0.13%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Hsbc Securities (USA) Inc. is a U.S. corporation that operates across broker-dealer, futures commission merchant and insurance-broker lines of business while also acting as an investment manager for pooled vehicles and institutional clients. The firm is registered with the SEC (registration year 2005) and services both individual/family and institutional clients. It describes itself as a multi-faceted manager with activity in private equity and real estate funds alongside investment banking functions. Fee arrangements reported include asset-based fees, fixed fees and performance-based fees. The firm also identifies as an active ESG investor. On the advisory side it provides portfolio management for pooled investment vehicles and for businesses or institutions, and it performs selection of other advisers. The firm is not identified as a capital allocator.