{"url":"https://nivawealth.com/firms/hsbc-global-asset-management-usa-105686","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105686","regulatoryAum":156561215534,"crd":"105686","secFileNumber":"801-25999","legalName":"HSBC Global Asset Management (usa) Inc.","displayName":"HSBC Global Asset Management (usa)","website":null,"founded":null,"organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"66 Hudson Boulevard, Floor 29","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10001"},"tradeNames":[],"registration":{"secApproved":"20 December 1985","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":100,"advisory":65,"brokerDealerReps":32,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":149154666852,"discretionaryAccounts":88,"nonDiscretionary":7406548682,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":58,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":2,"regulatoryAum":53871681758},{"label":"Pooled investment vehicles","clients":49,"regulatoryAum":76821697275},{"label":"Pension and profit-sharing plans","clients":2,"regulatoryAum":1315091117},{"label":"Insurance companies","clients":11,"regulatoryAum":9237568481},{"label":"Sovereign wealth funds and foreign official institutions","clients":1,"regulatoryAum":2227873785},{"label":"Corporations and other businesses","clients":30,"regulatoryAum":13087303118}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Hong Kong and Shanghai Banking Corporation Limited","shortName":"The Hong Kong and Shanghai Banking Corporation Limited","location":"Kowloon","smaAssets":7373991839},{"name":"US Bank, N.A.","shortName":"US Bank, N.A.","location":"Cincinnati, OH","smaAssets":10449164899}],"custodyNote":"HSBC Global Asset Management (usa) has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Dominic Skevington","title":"Chief Executive Officer, Director","crd":"8171651"},{"name":"Patricia Carbone","title":"Chief Financial Officer","crd":"8227207"},{"name":"Stefano Michelagnoli","title":"Chief Operating Officer","crd":"5540142"},{"name":"Ian G Shaw","title":"Chief Compliance Officer","crd":"7051510"},{"name":"Randeep Brar","title":"Chief Risk Officer, Director","crd":"6442782"},{"name":"Jaron Campbell","title":"Director","crd":"7301066"},{"name":"John Chiodi","title":"Interim Chief Investment Officer","crd":"1933220"},{"name":"James Curtis","title":"Legal Counsel","crd":"5115124"},{"name":"Racquel Oden","title":"Chairperson, Director","crd":"2924699"}],"ownership":[{"label":"HSBC USA, Inc.","detail":"Shareholder in the 75% or more ownership band and a control person, since January 2021."},{"label":"HSBC Holdings PLC","detail":"Indirect owner: a shareholder of HSBC Overseas Holdings (uk) LTD in the 75% or more band and a control person, since August 2002.","parent":"HSBC Overseas Holdings (uk) LTD"},{"label":"HSBC North America Holdings Inc.","detail":"Indirect owner: a shareholder of HSBC USA, Inc. in the 75% or more band and a control person, since January 2004.","parent":"HSBC USA, Inc."},{"label":"HSBC Overseas Holdings (uk) LTD","detail":"Indirect owner: a shareholder of HSBC North America Holdings Inc. in the 75% or more band and a control person, since July 2005.","parent":"HSBC North America Holdings Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"One Embarcadero Center","city":"San Francisco"}]},{"state":"New York","offices":1,"addresses":[{"street":"66 Hudson Boulevard, Floor 29","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-525-4107","stateRegisteredReps":0,"otherAdviserReps":9,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":23},{"label":"Sovereign bonds","percent":6},{"label":"Investment grade corporate bonds","percent":53},{"label":"Cash and cash equivalents","percent":18}],"privateFunds":0},"sources":{"adv1FilingDate":"22 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105686/PDF/105686.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does HSBC Global Asset Management (usa) have?","answer":"HSBC Global Asset Management (usa) has 95 clients and manages $156.6 billion for them, as of September 2026. They include 49 pooled investment vehicles, 30 corporations and other businesses and 11 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does HSBC Global Asset Management (usa) offer?","answer":"HSBC Global Asset Management (usa) provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does HSBC Global Asset Management (usa) use?","answer":"HSBC Global Asset Management (usa)’s separately managed account assets are held at US Bank, N.A. (Cincinnati, OH), with $10,449,164,899 and The Hong Kong and Shanghai Banking Corporation Limited (Kowloon), with $7,373,991,839. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does HSBC Global Asset Management (usa) have?","answer":"HSBC Global Asset Management (usa) has 0 investment adviser representatives registered with state securities authorities, out of 100 employees, and 65 perform investment advisory functions. 32 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does HSBC Global Asset Management (usa) invest in?","answer":"At the end of its last fiscal year, HSBC Global Asset Management (usa)’s separately managed accounts held 53% investment grade corporate bonds, 23% U.S. government and agency bonds, 18% cash and equivalents and 6% sovereign bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns HSBC Global Asset Management (usa)?","answer":"HSBC Global Asset Management (usa) is owned through a chain of holding companies by HSBC Holdings PLC. Its direct owner is HSBC USA, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does HSBC Global Asset Management (usa) get paid?","answer":"HSBC Global Asset Management (usa) is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}