Citigroup Investment Advisory Services Inc. (New York)

Citigroup Investment Advisory Services Inc. is a large advisory firm based in New York. It manages $5.65 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2005.

Citigroup Investment Advisory Services provides portfolio management for investment companies, pension consulting services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Citigroup Investment Advisory Services: assets under management

The assets under management (AUM) of Citigroup Investment Advisory Services Inc. is $5.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $513.64 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Citigroup Investment Advisory Services Inc. for their services and products based on a percentage of assets under management. 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.

Careers at Citigroup Investment Advisory Services Inc.

Laurie Ann Hesslein has been acting as President since 1 Sep 2005. Morgan Stanley Smith Barney Holdings Llc joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Financial Products Inc.	100% shareholder	1 Sep 2005	75% - 100%	11-2418191
Paul Martin Hatch	Director, chairman, ceo	1 Sep 2005	Other	1350155
Laurie Ann Hesslein	Director	1 Sep 2005	Other	1158755
Anne Louise Gray	Managing director and chief administrative officer	1 Sep 2005	Other	1779722
Kunal Sham Kamlani	Managing director, cfo, controller, assistant treasurer	1 Sep 2005	Other	4925760
Robert Jay Mandel	Director, secretary, chief legal officer	1 Sep 2005	Other	5039411
Norman Edward Nabham	President	1 Sep 2005	Other	344368
Andrew John Baldauf	Director and chief compliance officer	1 Sep 2005	Other	1554676
Scott Howard Friedenrich	Treasurer	1 Sep 2005	Other	2187981
Leroy Thayer Pease	Senior vice president	1 Sep 2005	Other	2749653
Norman Edward Nabhan	President	1 Sep 2005	Other	344368
Kunal Kamlani	Managing director, cfo, controller, assistant treasurer	1 Sep 2005	Other	4925760
Robert Mandel	Director, secretary, chief legal officer	1 Sep 2005	Other	5039411
Scott H Friedenrich	Treasurer	1 Sep 2005	Other	2187981
James Joseph Tracy	Executive vice president	1 Mar 2006	Other	1005601
James Francis Walker	Chief financial officer	1 Dec 2006	Other	1377740
James Joseph Tracy	Board of director, chairman, ceo	1 Aug 2007	Other	1005601
Dominic Francis Maurillo	Coo	1 Mar 2008	Other	2192204
Paul Francis Gallagher	Secretary & chief legal officer	1 Jul 2008	Other	1411829
Morgan Stanley Smith Barney Holdings Llc	Member	1 May 2009	75% - 100%	26-4310632

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	100% shareholder	1 Nov 1997	75% - 100%	52-1568099
Morgan Stanley	Shareholder	1 May 1998	75% - 100%	36-3145972
Citigroup Global Markets Holdings Inc.	100% shareholder	1 Sep 1998	75% - 100%	11-2418067
Citigroup Financial Products Inc.	Shareholder	1 Sep 1998	75% - 100%	13-2340203
Morgan Stanley & Co. Incorporated	Member	1 Feb 2009	50% - 75%	8209
Citigroup Global Markets Inc.	Member	1 Feb 2009	25% - 50%	7059

Based in New York

The principal office where Citigroup Investment Advisory Services Inc. performs its advisory services is located at 787 7 Th Avenue, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Wilmington, DE. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212.783.2450 or by fax 212.783.3042. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday.