Hsbc Halbis Partners (Usa) Inc. (New York)

Hsbc Halbis Partners (Usa) Inc. is a large advisory firm based in New York. It manages $7.55 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Connecticut, Illinois, and New York.

Hsbc Halbis Partners (Usa) provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hsbc Halbis Partners (Usa): assets under management

The assets under management (AUM) of Hsbc Halbis Partners (Usa) Inc. is $7.55 billion. The firm's AUM has grown by 17086% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.49 billion in discretionary accounts and $66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $356.51 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $66 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hsbc Halbis Partners (Usa) Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Hsbc Halbis Partners (Usa) Inc.

Stephen John Baker has been acting as President since 1 May 2005. Salvatore Joseph Iocolano joined the executive team most recently as the Chief Compliance Officer/Asst. Corporate Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Cheetham	Director	1 May 2003	Other	4776746
Stephen John Baker	Director	1 May 2005	Other	4346080
Salvatore Joseph Iocolano	Chief compliance officer/corporate secretary	1 May 2005	Other	3021729
Gregg Michael Diliberto	President and global head of fixed income	1 May 2005	Other	4363468
Halbis Partners (Uk) Limited	Direct parent company	1 May 2005	75% - 100%	foreign
Hsbc Halbis Partners (Uk) Limited	Direct parent company	1 May 2005	75% - 100%	134876
Salvatore Joseph Iocolano	Chief compliance officer/asst. corporate secretary	1 Dec 2005	Other	3021729
James M Curtis	Corporate secretary	1 Dec 2005	Other	5115124

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hsbc Holdings Plc	Holding company	1 Apr 1991	75% - 100%	98-0209906
Hsbc Investment Bank Holdings Plc	Holding company	1 Apr 1994	75% - 100%	foreign
Hsbc Group Investment Businesses Limited	Holding company	1 Apr 2002	75% - 100%	foreign

Based in New York

The principal office where Hsbc Halbis Partners (Usa) Inc. performs its advisory services is located at 452 Fifth Avenue, New York, NY 10018, which is also the mailing address of the firm. An additional office of the firm is in Darien, CT. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-525-5000 or by fax 212-525-2322. The normal business hours are 9.00am - 5.00pm on Monday - Friday.