Leumi Investment Services Inc. is a large advisory firm based in New York. It manages $95.63 million of regulatory assets for 467 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Illinois, and 5 other states.
Leumi Investment Services provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Leumi Investment Services Inc. is $95.63 million. The firm's AUM has gone down by -16% since the beginning of its operation, and $3.81 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Leumi Investment Services 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.
The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Avner Mendelson is high net worth individuals with 134 clients and $76.05 million of assets under management. Among the 7 most similar advisory firms, Leumi Investment Services has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $78.88 million for 142 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.
Leumi Investment Services doesn't advise any private funds.
The company employs 73 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 33 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Avner Mendelson has been acting as President since 1 Aug 2013. George Allen Iii Boyan joined the executive team most recently as the President / Ceo.
The principal office where Leumi Investment Services Inc. performs its advisory services is located at 350 Madison Ave., New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-407-4353 or by fax 212-407-4351. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at leumiusa.com.