Wise Money Israel Ltd. (Binyamina)

Name: Wise Money Israel Ltd.
Address: 6 Hamelacha Street, Binyamina, 3057319
Telephone: +972547931830

Wise Money Israel Ltd. is an adviser based in Binyamina. It manages $33.81 million of regulatory assets for 93 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, California, Nebraska, Pennsylvania, and Texas.

Wise Money Israel provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, educational seminars and workshops, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wise Money Israel: assets under management

The assets under management (AUM) of Wise Money Israel Ltd. is $33.81 million. $10.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $30.98 million in discretionary accounts and $2.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.41 million.

Wise Money Israel has custody of $33.81 million in cash and securities for 89 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wise Money Israel Ltd. for their services and products based on a percentage of assets under management and fixed 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 Wise Money Israel serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Wise Money Israel is individuals with 72 clients and $19.83 million of assets under management. Among the 3 most similar advisory firms, Wise Money Israel has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $33.81 million for 89 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 44% of the firm’s clients are foreign persons or businesses.

Wise Money Israel doesn't advise any private funds.

Careers at Wise Money Israel Ltd.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 receive compensation from other entities for client referrals.

Stefan Silver joined the executive team most recently as the Director Of Operations & Business Development.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stefan Silver	Director of operations & business development	1 Jul 2017	Other	7147200
Evan Jay Liberman	Chief executive officer	1 Jul 2017	75% - 100%	7147185

Based in Binyamina

The principal office where Wise Money Israel Ltd. performs its advisory services is located at 6 Hamelacha Street, Binyamina, 3057319 The mailing address of the firm is P.O. Box 267, Binyamina, 3055102. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +972547931830. The normal business hours are 9:00am-6:00pm on Other. You can find more information about the New York firm at twitter.com/wisemoneyisrael?lang=en and its LinkedIn profile.