Prakash Shahani
Prakash Shahani is a CFA-designated registered investment advisor at Hsbc Securities (USA) INC., based in New York, NY, with 25 years of industry experience. Prakash 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.20% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.65% |
| $10M+ | 0.55% |
Fees are generally negotiable and can be discounted at the firm's discretion.
Fee Estimator
Location
66 Hudson Boulevard, 1st and 29th Floors, New York, NY, 10001
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
June 2013Other Business Activities
Prakash owns rental real estate property and is a passive partner in Shahani LLC, a warehousing business. Prakash also works as a bank officer for HSBC Bank (USA) N.A., selling bank-related products and services.
Employment History
Current Registrations
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Previous Registrations
Santander Securities
Santander Securities LLCBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Citicorp Investment Services
Citicorp Investment ServicesBroker
Morgan Stanley Dw INC.Broker
State Registrations42 states
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
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