Hapoalim Securities Usa, Inc. (New York)

Name: Hapoalim Securities Usa, Inc.
Address: One Battery Park Plaza, New York, NY, 10004
Telephone: 212-898-6238

Hapoalim Securities Usa, Inc. is a large advisory firm based in New York. It manages $25 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Hapoalim Securities Usa provides portfolio management for pooled investment vehicles and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hapoalim Securities Usa: assets under management

The assets under management (AUM) of Hapoalim Securities Usa, Inc. is $25 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hapoalim Securities Usa, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Hapoalim Securities Usa, Inc.

Steven John Paraggio has been acting as President since 1 Mar 1998. Jeffrey Laikind joined the executive team most recently as the Non Employee Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven John Paraggio	Chief financial officer/director	1 Mar 1998	Other	2495234
John James Murabito	Chief executive officer/director	1 Oct 2001	Other	1075873
Hapoalim Usa Holding Company	Shareholder	1 Mar 2006	75% - 100%	13-4123572
William Francis Cicio	Non-employee director	1 Mar 2006	Other	1538606
Amir Aviv	Non-employee director	1 May 2007	Other	5360149
Nir Brunstein	Non-employee director	1 May 2007	Other	5360147
Ian Mitchell Kirschner	General counsel	1 May 2007	Other	2717720
John Joseph Venezia	Chief compliance officer	1 Aug 2008	Other	xxx-xx-xxxx
Jeffrey Laikind	Non-employee director	1 Apr 2009	Other	300679
Ron Gutler	Non-employee director	1 Apr 2009	Other	5666505

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Zohar Hashemesh Le'hashkgot Ltd.	Shareholder	1 Mar 2006	75% - 100%	foreign
Bank Hapoalim B.M.	Shareholder	1 Mar 2006	75% - 100%	foreign

Based in New York

The principal office where Hapoalim Securities Usa, Inc. performs its advisory services is located at One Battery Park Plaza, New York, NY 10004, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-898-6238 or by fax 212-898-7755. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at www.hapoalimsec.com.