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.
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 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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
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.
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.