Credit Suisse Securities (Usa) LLC (New York)

Credit Suisse Securities (Usa) LLC is a large advisory firm based in New York. It manages $298.78 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Credit Suisse Securities (Usa) provides portfolio management for individuals and small businesses 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.

Credit Suisse Securities (Usa): assets under management

The assets under management (AUM) of Credit Suisse Securities (Usa) LLC is $298.78 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -90% since the beginning of its operation, and $104.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $298.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.92 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Credit Suisse Securities (Usa) LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

What kind of clients Credit Suisse Securities (Usa) serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Credit Suisse Securities (Usa) is pooled investment vehicles with 15 clients and $298.78 million of assets under management. Among the 8 most similar advisory firms, Credit Suisse Securities (Usa) has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $298.78 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 31% of the firm’s clients are foreign persons or businesses.

Credit Suisse Securities (Usa) also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $930 to $1,000,000.

Careers at Credit Suisse Securities (Usa) LLC

The company employs 4,720 people that are either part- or full-time employees. No employees work as investment advisers or researchers. 49 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 7 indirect owners.

Based in New York

The principal office where Credit Suisse Securities (Usa) LLC performs its advisory services is located at 11 Madison Avenue, New York, NY 10010 The mailing address of the firm is 11 Madison Avenue, New York, NY 10010. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212)325-2000 or by fax (212)325-8222. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at credit-suisse.com.

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