New York, NY Canal Street Office

Team
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HSBC Securities (USA) Inc. logo

HSBC Securities (USA) Inc.

Enterprise

Firm-wide stats for HSBC Securities (USA) Inc.

Total advisors

374

Across 59 offices

Clients per advisor

32 Very Low

Avg AUM per client

$307,151 Low

HNW client ratio

15% Typical

About

HSBC Securities (USA) Inc. offers managed account programs to a wide range of clients — including individuals, retirement accounts, charitable organizations, and corporations — through several program types: the client-directed Spectrum Program, fully discretionary Spectrum II and Offshore Spectrum programs, and a wrap-style Managed Portfolio Account (SMA/UMA) and Prism offering for private bank clients. Clients are assigned an Investment Adviser Representative who handles suitability assessments, account maintenance and periodic reviews as part of the program relationship.

The firm’s investment process uses five model risk profiles (from Conservative to Aggressive) and combines strategic and tactical asset-allocation advice developed with HSBC Global Asset Management/AMUS while Global Manager Selection (GMS) and HAIL conduct fund and alternative-fund due diligence and ongoing monitoring; HSBC may rebalance or replace funds and, for Spectrum II and Offshore accounts, exercises full discretion. The brochure shows a substantial portion of managed assets are held in the non‑discretionary Spectrum Program (about $2.28 billion), so the managed-account business is weighted toward client-directed, non‑discretionary portfolios.

Several operational and structural features distinguish the firm from many peers: HSBC Securities operates as an SEC-registered adviser and broker‑dealer and is also registered as a futures commission merchant, and it offers an Offshore Spectrum program for qualified non‑resident aliens that invests in non‑U.S. registered funds and can be subject to longer settlement and jurisdictional constraints. The Programs rely on affiliated and third‑party providers (AMUS, GMS, HAIL and BNY Pershing) for advisory, fund selection, administrative and custody services, a setup the brochure discloses and identifies as creating conflicts the firm manages through policies and disclosure.

Based on HSBC Securities (USA) Inc.

Expertise

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments

Based on HSBC Securities (USA) Inc.

Location

150 Canal Street

New York NY 10013

Advisors at this office

5

Advisors at this office

user avatar

Zhen Hua W

Series 66, Series 63

New York, NY

HSBC Securities (USA) Inc.

Zhen Hua Wang is a financial advisor with HSBC Securities (USA) Inc. in New York, NY, holding Series 66 and Series 63 licenses and bringing 13 years of industry experience. His prior experience includes six years at JP Morgan Securities LLC and eight years at JPMorgan Chase Bank. HSBC Securities (USA) Inc. offers a variety of managed account programs serving individuals, retirement accounts, charitable organizations, and corporations. The firm uses a five-profile risk model and combines strategic and tactical asset allocation with comprehensive fund due diligence, providing both client-directed and discretionary portfolio options.

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments
user avatar

Jonathan K

Series 66

New York, NY

HSBC Securities (USA) Inc.

Jonathan Kuang is a financial advisor at HSBC Securities (USA) Inc. with two years of industry experience. He holds a Series 66 designation and also serves as a Bank Officer for HSBC Bank (USA) N.A., an affiliate of his firm. His prior roles include positions at Gong Cha, Baruch College, and City College. HSBC Securities (USA) Inc. provides managed account programs to individuals, retirement accounts, charitable organizations, and corporations through a variety of client-directed and discretionary investment solutions. The firm employs a risk-profile-based investment process supported by multiple affiliated and third-party providers for advisory and fund selection services.

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments
user avatar

Cheuk Shun C

Series 63, Series 65

New York, NY

HSBC Securities (USA) Inc.

Cheuk Shun Cheung is a financial advisor with HSBC Securities (USA) Inc. in New York, NY. He holds Series 63 and Series 65 licenses and has three years of industry experience, including prior roles at Morgan Stanley and HSBC Bank USA, N.A. Outside of his advisory work, he is a Cantonese Chinese radio host at MultiCultural Radio Broadcasting, Inc., where he provides news and entertainment to the local community. HSBC Securities (USA) Inc. offers managed account programs to a diverse client base, including individuals, retirement accounts, charitable organizations, and corporations. The firm’s investment approach combines strategic and tactical asset allocation, utilizing affiliated and third-party providers for fund selection and portfolio management across various risk profiles and program types.

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments
user avatar

Catherine N

Series 63, Series 66

New York, NY

HSBC Securities (USA) Inc.

Catherine Ng is a financial advisor with HSBC Securities (USA) Inc. in New York, NY, holding Series 63 and Series 66 designations and 26 years of industry experience. She has been with HSBC Securities and HSBC Bank USA since 2011. Outside of her advisory role, she serves as a board director for the Kiwanis Club of Chinatown, a nonprofit organization that supports children, the elderly, and community events. HSBC Securities (USA) Inc. provides managed account programs to individuals, retirement accounts, charitable organizations, and corporations, utilizing a range of client-directed and discretionary investment options supported by HSBC Global Asset Management and affiliated providers.

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments
user avatar

Minching T

Series 66

New York, NY

HSBC Securities (USA) Inc.

Minching Tso Lam is a Series 66-licensed financial advisor with HSBC Securities (USA) Inc., based in New York, NY, and has 25 years of industry experience. She has worked with HSBC Securities since 2013 and concurrently holds a role as a Bank Officer at HSBC Bank USA, N.A., an affiliate of her firm, where she engages in the sale of bank-related products and services. HSBC Securities (USA) Inc. offers managed account programs to individuals, retirement accounts, charitable organizations, and corporations, providing both client-directed and fully discretionary investment solutions. The firm employs a structured investment process with multiple risk profiles and relies on affiliated and third-party providers for advisory and fund management, serving a diverse client base through various program types including an Offshore Spectrum program for qualified non-resident aliens.

ESG / Sustainable investing Passive / index investing Active portfolio management Private / alternative investments
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