Citicorp Investment Services (Long Island City)

Name: Citicorp Investment Services
Address: 1 Court Square 24 Th Floor, Long Island City, NY, 11120
Telephone: 718-248-0903

Citicorp Investment Services is a large advisory firm based in Long Island City. It manages $1.78 billion of regulatory assets for 6,895 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Citicorp Investment Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and market timing services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Citicorp Investment Services: assets under management

The assets under management (AUM) of Citicorp Investment Services is $1.78 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.54 billion in discretionary accounts and $236.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $414.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $74.82 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Citicorp Investment Services for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Citicorp Investment Services

Malik Saeed Sarwar has been acting as President since 1 Sep 2003. David J Hinman joined the executive team most recently as the President And Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Citibank N.A.	Sole shareholder	1 Dec 1988	75% - 100%	13-5266470
Citibank West Holdings Inc	Sole shareholder	1 Dec 1988	75% - 100%	13-3012736
Barbara Wolfson	Director of cis board - director of operations	1 Jun 1994	Other	833847
Roberta Mercedes Kilkenny	Treasurer	1 Mar 1999	Other	2425698
Scott Elliot Schroeder	Corporate compliance director	1 Sep 2000	Other	2741915
Donna Ross Daniels	General counsel	1 Oct 2000	Other	2457651
William John Jr Maguire	President - chairman of the board	1 Jul 2001	Other	2040885
Edward Grant Watson	Director of cis board	1 Jul 2001	Other	2207210
Anthony Lawrence Fedele	Chief operations officer	1 Jul 2001	Other	1898318
Maura Marcus	Director of cis board	1 Jul 2001	Other	430985
Steven Eliot Friedberg	Director of cis board	1 Oct 2001	Other	1457712
Keenlya Evette Mccargo	Crop	1 Nov 2001	Other	1833767
Dominick John Jr Angione	Srop	1 Nov 2001	Other	1260456
John Carlton Mallett	Chief financial officer	1 Dec 2001	Other	1569049
Christine Durmer	Corporate compliance director	1 Jun 2002	Other	1940708
Edward Joseph Munin	National sales director	1 Sep 2003	Other	1256543
Malik Saeed Sarwar	President	1 Sep 2003	Other	1900500
John Thomas Tubman	Investment advisor compliance officer	1 Oct 2004	Other	1412675
John Baumgartner	General counsel	1 Jan 2005	Other	xxx-xx-xxxx
John Thomas Tubman	Chief compliance officer	1 Jun 2005	Other	1412675
David J Hinman	President and chairman	1 Dec 2005	Other	2712080
Carol Annette Henrynicoll	Crop	1 Dec 2005	Other	2228729

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Citicorp	Sole shareholder	1 Oct 1998	75% - 100%	06-1515595
Citigroup Holdings Company	Sole share holder	1 Dec 1999	75% - 100%	06-1551348
Citigroup Inc.	Sole shareholder	1 Dec 1999	75% - 100%	13-2614988
Citicorp Banking Corporation	Sole shareholder	1 Feb 2003	75% - 100%	13-3012736
Citibank West Bancorp Inc.	Sole shareholder	1 Feb 2003	75% - 100%	45-0480800
Citibank (West) Bancorp Inc.	Sole shareholder	1 Feb 2003	75% - 100%	45-0480800

Based in Long Island City

The principal office where Citicorp Investment Services performs its advisory services is located at 1 Court Square 24 Th Floor, Long Island City, NY 11120, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 718-248-0903 or by fax 718-248-6123. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at cititrade.com.