Meitav Investment House

What Meitav Investment House does

Meitav Investment House Ltd. (TASE: MTAV) is Israel's largest investment management company, founded in 1979 and headquartered in Tel Aviv. As of March 2026 it managed approximately NIS 426 billion in assets on behalf of over one million clients and employed around 1,000 professionals. The company is controlled by BRM Financial Group (Eli Barkat) and the Stepak family (Avner Stepak), and completed a NIS 500 million international equity raise in December 2025 that brought in top-tier institutional investors from outside Israel for the first time at scale.

Meitav operates a multi-product financial services platform organized around five core divisions: Meitav Provident and Pension (provident funds, study funds, pension funds, Amendment 190, children's savings); Meitav Portfolio Management (private client discretionary management from ILS 300,000 and Meitav Manager digital portfolios from ILS 25,000); Meitav Trade (self-directed stock and FX trading from ILS 10,000 with sub-bank pricing); Meitav Tachlit Mutual Funds (ETFs and mutual funds); and Meitav Loans (non-bank credit). Distribution is unified through Meitav:Store, an online marketplace, supplemented by traditional advisory for high-net-worth individuals and dedicated institutional brokerage. Underlying technology consists of proprietary digital platforms for self-service clients and custom trading applications, with no disclosed proprietary AI/ML capabilities.

The company generates revenue primarily through recurring asset-management fees on AUM, supplemented by brokerage commissions, FX spreads, and interest income from a NIS 3.75 billion non-bank credit portfolio. FY2025 revenue reached NIS 2,010 million (~$630 million), up 24% year-over-year, with Q1 2026 revenue accelerating to NIS 598 million (32% YoY growth) and operating profit up 55% YoY. Recent strategic activity includes acquisitions of Peninsula (April 2026) and Salaryo (2022), minority investments in NoTraffic and Max Stock Limited (crossing 5% in May 2026), and an ongoing review by controlling shareholder BRM Finance of foreign investor inquiries into their stake.

Name

Meitav Investment House

Legal name

Meitav Investment House Ltd.

Website

https://en.meitavdash.co.il

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Meitav Investment House is Israel's largest publicly listed investment manager (TASE: MTAV), founded in 1979, managing approximately NIS 449.6 billion in assets for over one million retail, HNW, and institutional clients through provident and pension funds, self-directed trading, portfolio management, mutual funds, and non-bank credit.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Tax-Focused Wealth Management RIAs (FSAAACAD), Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

Keywords

• Investment management
• Asset management
• Pension funds
• Provident funds
• Brokerage services

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Asset Management Fees: Management fees charged on assets under management across pension, provident, mutual funds, and portfolio management divisions. Revenues of NIS 2,010 million in 2025, up 24% year-over-year.
2. Trading and Brokerage Fees: Commissions and fees from self-directed trading services, currency exchange, and institutional brokerage operations.
3. Portfolio Management Fees: Fees from private client portfolio management services (minimum ILS 300,000) and Meitav Manager digital portfolios (from ILS 25,000).
4. Non-bank Credit Operations: Income from non-bank credit portfolio of NIS 3.75 billion as of April 2026.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Meitav Investment House is an Israeli publicly listed investment management company that manages provident funds, pension funds, study funds, mutual funds, and ETF products, alongside self-directed trading and personalized portfolio management services. It operates proprietary digital platforms (Meitav:Store, Meitav Trade, Meitav Manager) and provides non-bank lending, brokerage services for institutional entities, and alternative investments. The company manages approximately ILS 426 billion in assets for over one million clients through multiple wholly-owned subsidiaries.

Product overview

Meitav Investment House operates as a comprehensive platform-plus-modules investment management company offering a diversified portfolio of financial products and services. The core offerings span five main divisions: (1) Meitav Portfolio Management providing private client services (minimum ILS 300,000) and digital Meitav Manager platforms (from ILS 25,000) for personalized and digital investment management; (2) Meitav Trade offering self-directed trading on Israeli and global stock exchanges (minimum ILS 10,000) with currency exchange services featuring competitive rates; (3) Meitav Provident and Pension managing a full suite of retirement and savings products including Provident Funds for Investment (up to ILS 81,711 annual deposits), Study Funds for employees and self-employed with tax benefits, Select Pension Fund, Amendment 190 accounts, Savings for Every Child, and pension funds; (4) Meitav Tachlit Mutual Funds covering ETFs and mutual fund products; and (5) Meitav:Store as an online marketplace unifying access to all financial products. Additional offerings include Meitav Loans (non-bank credit), Brokerage services for institutional entities, Alternative Investments, Peninsula, and FinUpp tax refund services. The company manages approximately ILS 426 billion in assets for over one million clients as of March 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Meitav Trade: Self-directed trading platform for trading on Israeli and international stock exchanges
• Meitav Manager
• Meitav Provident and Pension
• Meitav Portfolio Management
• Meitav Tachlit
• Meitav:Store
• Meitav Kids

Products and services

• Private Client Portfolio Management Personalized investment management with professional guidance from investment managers, with funds managed in the client's own bank account. Minimum investment from ILS 300,000 with over 45 years of experience.
• Meitav Manager (Digital Portfolio Management) Digital investment portfolio management platform offering an alternative to bank deposits with a variety of investment tracks managed by professional investment managers. Minimum investment from ILS 25,000.
• Meitav Trade - Self-Directed Trading Self-directed stock exchange trading platform enabling trading in Israel and abroad via a custom app with significantly lower costs than bank fees. Minimum investment of ILS 10,000.
• Meitav Trade - Currency Exchange Foreign exchange trading room offering competitive conversion rates and tighter spreads than the banking system with no exchange commission.
• Provident Funds for Investment Long-term savings product allowing deposits for any term and purpose, with annual deposits up to ILS 81,711, tax-exempt status as a pension after age 60, and high liquidity.
• Study Fund for Employees Employee savings fund offering capital gains tax exemption up to the cap, multiple investment tracks, with employer contributions at three times the employee's deposit.
• Study Fund for the Self-Employed Savings fund for self-employed individuals offering unique tax benefits including tax exemption for up to 4.2% of income and multiple investment tracks.
• Savings for Every Child Children's savings program allowing option to double monthly deposits with a persistence bonus for saving until age 21.
• Select Pension Fund Default pension fund with significant insurance component and competitive management fees guaranteed for 10 years.
• Provident Funds (Gemel) Long-term savings channel aimed at generating savings for withdrawal as monthly annuity or one-time lump-sum amount, with funds invested across various tracks in capital markets.
• Amendment 190 Savings Vehicle Tax-advantaged savings vehicle offering monthly annuity exempt from tax or one-time withdrawal with tax deferral, preserving tax deferral in intergenerational inheritance.
• Meitav Loans Non-bank lending and credit services offered through the Meitav platform, with a credit portfolio of NIS 3.75 billion as of April 2026.
• Meitav Tachlit Mutual Funds ETF and mutual fund products managed by Meitav Tachlit Mutual Funds Ltd., led by CEO Lior Kagan with expertise in Israel's ETF market.
• Meitav Brokerage (Institutional) Trading services for institutional entities including executing transactions, advanced information and trading systems, and buying/selling services for stocks and derivatives.
• Meitav:Store (Online Marketplace) Online marketplace for Meitav's own financial products and services enabling customers to open Investment Provident Funds, Study Funds, Pension Funds, self-trading accounts, and digital Meitav Manager portfolios with personalized customization.
• Alternative Investments Diversified alternative investment products and services offered to clients seeking non-traditional investment options, including Peninsula.
• FinUpp Tax Refunds Tax refund service integrated into Meitav's provident and pension fund offerings.

Quantifiable outcome

• 32% revenue growth in Q1 2026 compared to Q1 2025
• +5 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Harel Insurance Investments & Financial Services: One of Israel's largest insurance and investment groups with comparable provident/pension fund management, mutual funds, and brokerage operations. Directly competes with Meitav across retail investment, pension, and asset management segments.
• Clal Insurance Enterprises Holdings: Major Israeli insurance and investment holding company offering provident funds, pension, mutual funds (including via Clal Finance/Mabat ETFs), and brokerage. Overlaps directly with Meitav Provident/Pension, Tachlit Mutual Funds, and Meitav Trade.
• Migdal Insurance Company: Large Israeli insurance and long-term savings group with significant provident and pension fund AUM. Competes with Meitav's provident and pension division for institutional and retail retirement savings mandates.
• Phoenix Holdings: Israeli insurance and financial services holding with extensive pension, provident, and asset management operations. Direct competitor in Israeli institutional and retail investment management.
• Altshuler Shaham: Israeli investment management firm with significant mutual fund and pension AUM. Co-founded the Smart Beta Funds Group with a former Meitav executive, illustrating direct overlap in Israeli portfolio management talent and product.
• Excellence Investments: Israeli investment house offering provident/pension funds, mutual funds, and brokerage services. Multiple Meitav executives (including the CEO of Meitav Provident and Pension) previously worked at Excellence, highlighting direct competitive and product overlap.
• IBI Investment House: Israeli brokerage and investment house competing directly with Meitav Trade in self-directed trading and institutional brokerage. Provides similar equity and derivatives execution services.
• Psagot Investment House: Israeli investment management firm focused on mutual funds and institutional asset management. Direct competitor in the Israeli mutual fund market alongside Meitav Tachlit.

Broad incumbents

• Bank Hapoalim: Israel's largest bank with substantial asset management, provident/pension, and brokerage operations. Represents the dominant incumbent competitor that Meitav explicitly undercuts on trading fees and targets with Meitav:Store.
• Israel Discount Bank: Major Israeli bank with investment management, brokerage, and pension operations. CEO Ilan Raviv previously served as Director of Financial Transactions at Israel Discount Bank, illustrating the bank's relevance as a competitor and historical talent source.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/meitav.invest

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments25 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meitav Investment House