Financial Consulting
Wise Money Israel offers financial consulting services to help you invest in Israel. WMI works with our clients via email, phone or video conference and offline research. To set up your free introductory call, contact us.
Opening Account Assistance
Outside of Israel
Set up an Israeli investment account with no hassles. WMI personnel will provide you with all the help you need to make this process easy:
- Assistance and advice pertaining to your specific situation when filling out the forms to open your account with an Israeli brokerage firm
- Assistance in finding the best option for identification and locate the contact for you
- Accompany you through the process of opening the account, funding your account and currency conversion
- English/Hebrew translation when necessary
- Includes a 45-minute call to discuss the opening account process, working with your Israeli investment account, answer your questions, etc.
- Brokerage account minimum: 50,000 shekels ($13,000)
- Fee: $125 (individual); $250 (organization)
While in Israel
If you are traveling to Israel and intend to open your account in person, a Wise Money Israel representative will accompany you to a Tel Aviv brokerage firm and assist you in the process of opening your account:
- In-person assistance and advise pertaining to your specific situation when filling out the forms to open your account with you at an Israeli brokerage firm
- In-person accompaniment through the process of opening the account, funding your account and currency conversion
- English/Hebrew translation during your meeting
- Includes a 45-minute meeting to discuss the opening account process, working with your Israeli investment account, answer your questions, etc.
- Brokerage account minimum: 50,000 shekels ($13,000)
- Fee: $200 (individual)
Initial Portfolio Setup Assistance
Once you’ve set up your investment account, WMI will help familiarize you with the Israeli capital market, provide information so you can decide on the correct investments for you, and help you execute your transactions:
- Discuss your investment options, familiarize you with various Israeli investment vehicles, risks and yields, diversification mechanisms, performance expectations, answer questions, etc.
- Research securities: assistance in finding the necessary information to determine which Israeli stock, bonds, ETFs, mutual funds or index funds meet your criteria, risk and yield expectations and time frames
- Help you plan your portfolio allocation: assist you in deciding what percentage to allocate to each asset class, sector, bond type, fund or security based on age, cash needs, risk tolerance and time frames
- Investment plan: WMI will produce a report, based on your decisions, indicating the securities to be purchased, the securities numbers (similar to ticker symbols on Wall Street), calculated amount of shares for each security based on selected portfolio allocation, order type (limit, fill-or-kill, minimum order, etc.), commission per transaction, allocation percentages and graph, and expected yield (bonds)
- Assistance in executing your transaction: WMI will produce a complete execution order for you to send to the brokerage account including all relevant trade information needed.
- Fee: $80/hour (discount for 5 hours: $375)
Ongoing Investment Account Services
Independent Investment Account Consulting Services
WMI local Israeli investment experts are available to you to:
- Answer your investment questions as you manage your account
- Help with researching a particular stock or bond, suggesting a sector or ETF
- Familiarize you with the current trends in the Israeli market from local Hebrew news sources
- Assist in executing your transactions and analyzing your monthly statements
- Assistance in working with the brokerage and on-line trading system
- Help with any needs you may have related to your investments in Israel
- Fee: $80/hour (discount for 5 hours: $375)
Portfolio Update Service
The financial market changes over time. You will want to review your investment decisions periodically and make any adjustments needed to maximize your gains:
- Help you understand the recent trends in the Israeli market so that you can consider optimizing your investments, if necessary, to produce the greatest return with the least risk
- Assistance in understanding monthly Hebrew account statements including verification of dividends, interest payments and stock performance
- Compare your portfolio performance to Israeli benchmarks to verify you’re beating the market, and if not, suggest changes to bring you in line or to outperform the market
- Fee: $80/hour
Managed Investment Account Service
Managed account services are offered for accounts over $100,000. Services include:
- Financial advisor at your disposal
- Financial planning: data gathering, goal setting, plan development, implementation and review
- Risk management
- Investment and hedging strategies
- Asset allocation
- Active portfolio management to maximize your returns
- Portfolio monitoring
- Reinvestment of bond payments, redemptions, and dividends payments
- Complete transaction execution, including determination of good entry and exit points (can considerably increase yield)
- Quarterly reporting
- Fee: 1% annually of assets under management: contact us for more details.
