Pioneer Administrative Services Ltd is an adviser based in Herzliya Pituach, Tel Aviv. It manages $379.46 million of regulatory assets for 177 client accounts. It has been registered with the SEC as an adviser since 2017.
Pioneer Administrative Services provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pioneer Administrative Services Ltd is $379.46 million. The firm's AUM has grown by 2% since the beginning of its operation, and $375.66 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Pioneer Administrative Services Ltd for their services and products based on a percentage of assets under management. 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.
The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Omer Galin is corporations or other businesses with 132 clients and $341.9 million of assets under management. Among the 10 most similar advisory firms, Pioneer Administrative Services has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $379.46 million for 177 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.
Pioneer Administrative Services doesn't advise any private funds.
The company employs 16 people that are either part- or full-time employees. 25 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Omer Galin has been acting as President since 1 Jun 1988. Michael Ellis has served as the Chief Investment Officer since 1 Mar 2000. Rochelle Merle Jarvis joined the executive team most recently as the Vice President.
The principal office where Pioneer Administrative Services Ltd performs its advisory services is located at 8 Hasadnaot Street, Herzliya Pituach, Tel Aviv, 4610302, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 972-9-9611300 or by fax 972-9-9611305. The normal business hours are 8 am - 5 pm on Other. You can find more information about the New York firm at piowealth.com.