TrueAdvisor
TrueAdvisor
AM
AM

Alfonso Montoya

Hsbc Securities (USA) INC.
27 Years of Experience
Miami, FL
8 DisclosuresBroker
View SEC Summary
View SEC Summary

Alfonso Montoya is a registered investment advisor at Hsbc Securities (USA) INC., based in Miami, FL, with 27 years of industry experience. Alfonso is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 12,108 clients with $3.8B in assets under management.

Hsbc Securities (USA) INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
374 advisors
Number of Clients
12,108 clients
Average Client Portfolio
$317K average
Assets Under Management
$3.8B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K1.50%
$250K - $500K1.20%
$500K - $1.0M1.00%
$1.0M - $2.0M0.90%
$2.0M - $5.0M0.80%
$5.0M - $10.0M0.65%
$10M+0.55%

Fees are generally negotiable and can be discounted at the firm's discretion.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Miami, FL

Get directions

History

Regulatory History (8)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
September 2013
Denied
Customer Dispute
March 2013
Settled
Customer Dispute
September 2012
Denied
Customer Dispute
June 2012
Denied
Customer Dispute
December 2005
Denied
Customer Dispute
July 2005
Denied
Customer Dispute
May 2004
Denied
Customer Dispute
August 2001
Closed-No Action
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Alfonso works as a bank officer for HSBC Bank (USA) N.A., selling bank-related products and services. This is in addition to his role as a registered representative with HSBC Securities (USA) Inc.

Employment History
Current Registrations
Hsbc Securities (USA) INC.
May 2012 - Present · 14 yrs 5 mos
Hsbc Securities (USA) INC.
May 2012 - Present · 14 yrs 5 mos
Hsbc Securities (USA) INC.Broker
May 2012 - Present · 14 yrs 5 mos
Previous Registrations
Wells Fargo Advisors, LLC
January 2012 - May 2012 · 4 mos
Wells Fargo Advisors, LLCBroker
January 2012 - May 2012 · 4 mos
Hsbc Securities (USA) INC.
January 2006 - February 2012 · 6 yrs 1 mo
Hsbc Securities (USA) INC.Broker
October 2005 - February 2012 · 6 yrs 4 mos
Wachovia Securities, LLC
May 2005 - September 2005 · 4 mos
Wachovia Securities, LLCBroker
May 2005 - September 2005 · 4 mos
Citicorp Investment Services
December 2004 - May 2005 · 5 mos
Citicorp Investment ServicesBroker
December 1998 - May 2005 · 6 yrs 5 mos
State Registrations22 states
AZCACOCTDEFLGAILLAMDMINCNJNYOHPAPRSCTXVAWAWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Miami, FL →All financial advisors in Florida →