Michael Nessim is the CEO and Managing Partner of Kingswood U.S. Mike has more than 25 years of experience in the financial services industry. Prior to assuming the role as CEO of Kingswood, Mike enjoyed a successful career owning and operating Super Offices of Supervisory Jurisdictions (Super OSJs).
In 2018, he purchased a broker-dealer and rolled in his 35-advisor OSJ. From that starting point, Kingswood U.S. was born. The company has flourished under his leadership, expanding to more than 240 advisors with over $3 billion under management, and was recently named a USA Today Best Advisory Firm of 2023. To achieve the company’s rapid growth, he and his team built a best-in-class platform for advisors, a full-service investment banking department, an automated alternative system, and an in-house recruitment department.
Mike was also CEO and Founder of Kingswood Acquisition Corporation (KWAC), a special purpose acquisition company (SPAC) that raised $115 million from institutional investors in its initial public offering under his leadership. The SPAC closed in March 2024 through a merger that formed a publicly-traded company with a pro forma enterprise value of $208 million that encompasses approximately 1,900 individuals working within the financial services industries and has approximately $23 billion in assets under management.
Mike graduated from C.W. Post University with a degree in business management, and currently holds FINRA licenses 7, 24, and 63.