Clarity Capital Kcps Ltd (Tel Aviv)

Name: Clarity Capital Kcps Ltd
Address: 132 Menachem Begin Road, Tel Aviv, 6701101
Telephone: 972-3-777-9000

Clarity Capital Kcps Ltd is a large advisory firm based in Tel Aviv. It manages $322.07 million of regulatory assets for 131 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and New York.

Clarity Capital Kcps provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Clarity Capital Kcps: assets under management

The assets under management (AUM) of Clarity Capital Kcps Ltd is $322.07 million. The firm's AUM has grown by 11% since the beginning of its operation, and $188.57 million of the total AUM is attributable to clients outside of the United States.

The firm manages $244.22 million in discretionary accounts and $77.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.95 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.97 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 56% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% 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 Clarity Capital Kcps Ltd for their services and products based on a percentage of assets under management, fixed fees, and 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.

What kind of clients Clarity Capital Kcps serves?

The firm provides services to charitable organizations, other investment advisers, high net worth individuals, and corporations or other businesses. The largest group of clients of Clarity Capital Kcps is high net worth individuals with 115 clients and $181.9 million of assets under management. Among the 7 most similar advisory firms, Clarity Capital Kcps has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $322.07 million for 131 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 69% of the firm’s clients are foreign persons or businesses.

Clarity Capital Kcps doesn't advise any private funds.

Careers at Clarity Capital Kcps Ltd

The company employs 20 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Jonathan Silber joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kcps Clarity Capital Group Ltd.	Shareholder	1 Mar 2007	75% - 100%	foreign entity
Eran Peleg	Director, chief executive officer and shareholder, member in the investment committee	1 Mar 2007	Other	6028106
Tal Keinan	Director, member in the investment committee	1 Mar 2007	Other	6028099
Tal Nmn Keinan	Director, member in the investment committee	1 Mar 2007	Other	6028099
Kcps & Company (2007) Ltd.	Shareholder	1 Mar 2007	75% - 100%	foreign entity
Kcps Clarity Capital Group Ltd.	Shareholder	1 Oct 2007	75% - 100%	foreign entity
Eran Peleg	Director, chief investment officer and shareholder, member in the investment committee	1 Oct 2007	Other	6028106
Tal Nmn Keinan	Director, member in the investment committee	1 Oct 2007	Other	6028099
Jay Pomrenze	Director, member in the investment committee	1 Jan 2008	Other	6028110
Simona Cohen	Chief financial officer and chief compliance officer	1 May 2011	Other	6028117
Bension Shalom Maimon	Managing director (does not legally serve as a director), member in the investment committee	1 Sep 2011	Other	2811251
David Steinhardt	Member in the investment committee	1 Feb 2012	Other	6027815
Karin Stabholz Navot	Legal counsel and chief compliance officer	1 Oct 2012	Other	5307994
Laurence Schreiber	Member in the investment committee	1 Nov 2013	Other	2389538
Amir Leybovitch	Chief operating officer	1 Nov 2013	Other	6317402
Adi Nmn Birk	Chief compliance officer and general counsel	1 May 2015	Other	6593115
Jonathan Silber	Managing director	1 Feb 2016	Other	6472065
Jonathan Mark Silber	Member in the investment committee	1 Feb 2016	Other	1901284
Amir Nmn Leybovitch	Chief executive officer	1 Dec 2016	Other	6317402

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Ds Israel Investments	Shareholder	1 Jun 2007	25% - 50%	74-3218059
Tal Keinan	Shareholder	1 Jun 2007	25% - 50%	6028099

Based in Tel Aviv

The principal office where Clarity Capital Kcps Ltd performs its advisory services is located at 132 Menachem Begin Road, Tel Aviv, 6701101, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 972-3-777-9000 or by fax 972-3-777-9001. The normal business hours are 9am to 5pm (tel-aviv time) on Other. You can find more information about the New York firm at claritycap.com.