Taib Securities Inc (New York)

Taib Securities Inc is a large advisory firm based in New York. It manages $30 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

Taib Securities provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Taib Securities: assets under management

The assets under management (AUM) of Taib Securities Inc is $30 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Taib Securities Inc for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Taib Securities Inc

Lawrence Chaleff has been acting as President since 1 Jun 1994. Dubai Financial joined the executive team most recently as the Shareholder Of Taib Bank B.S.C..

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Chaleff	President	1 Jun 1994	Other	4362707
Meenaz Dhanani	Secretary and treasurer	1 Jun 1994	Other	2581119
Ebrahim Sharif Al Sayed	Director	1 Jun 1994	Other	4363403
Babu Sahadev	Director	1 Jun 1994	Other	4363404
Tam Holding Inc.	Sole shareholder	1 Mar 1998	75% - 100%	582068908
Lavleen M. Singh	President	1 Jan 2002	Other	4520216
Lawrence Chaleff	Director	1 Jan 2002	Other	4362707
Iqbal G. Mamdani	Director	1 Jan 2002	Other	4362773
Lawrence Chaleff	President and director	1 Dec 2002	Other	4362707
Lawrence Norman Chaleff	President and director	1 Dec 2002	Other	4362707

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Taib Holdings	Shareholder of taib bank e.c.	1 Jun 1981	25% - 50%	foreign
Taib Bank E.C.	Shareholder of taib investments n.v.	1 May 1992	75% - 100%	foreign
Taib Bank B.S.C.	Shareholder of taib investments n.v.	1 May 1992	75% - 100%	foreign
Taib Investment N.V.	Shareholder of tam holding inc.	1 Jun 1994	75% - 100%	foreign
Co. Rashed Abdulrahman Alrashed & Sons	Shareholder of taib bank e.c.	1 May 2004	25% - 50%	foreign
Dubai Financial	Shareholder of taib bank b.s.c.	1 Nov 2007	50% - 75%	foreign

Based in New York

The principal office where Taib Securities Inc performs its advisory services is located at Tower 56, New York, NY 10022 3613, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-832-7137 or by fax 212-832-7122. The normal business hours are 9:00 am to 5:00 p.m. on Monday - Friday.