Travelers Bank & Trust, Fsb (New York)

Name: Travelers Bank & Trust, Fsb
Address: 153 E. 53 Rd St., 23 Rd Fl., New York, NY, 10043
Telephone: 212-559-1212

Travelers Bank & Trust, Fsb is a large advisory firm based in New York. It manages $2.86 billion of regulatory assets for 2,974 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Travelers Bank & Trust, Fsb provides portfolio management for individuals and small businesses and pension consulting 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.

Travelers Bank & Trust, Fsb: assets under management

The assets under management (AUM) of Travelers Bank & Trust, Fsb is $2.86 billion. The firm's AUM has grown by 588% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.25 billion in discretionary accounts and $609.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $840.99 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.05 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Travelers Bank & Trust, Fsb 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 Travelers Bank & Trust, Fsb

James Carey has been acting as President since 1 Mar 2000. Edward James Orazem joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Citi Financial	Shareholder	1 May 1983	75% - 100%	52-0883351
Iii John Brooke Duvall	Director	1 Sep 1989	Other	4371181
Harry D. Goff	Director, president, ceo	1 Mar 1990	Other	4371093
Charles Haug	Cfo & senior v.p.	1 Oct 1995	Other	4371188
Frank J. Petrecco	Managing director	1 Jan 1998	Other	4371183
Ronald E Carroll	Director	1 Nov 1998	Other	4520080
Herbert J. Seligson	Executive v.p.	1 Apr 1999	Other	4371185
Susanna Y Wong	Compliance officer & secretary	1 Jun 1999	Other	2103067
Susanna Y Gleason	Compliance officer & assistant secretary	1 Jun 1999	Other	2103067
Marjorie Nesbitt	Cio	1 Mar 2000	Other	4371061
James Carey	Director	1 Mar 2000	Other	4371176
Frederick Yorke	Chief trust officer & sr. v.p.	1 May 2000	Other	2983926
Edward James Orazem	Director	1 Mar 2001	Other	2601590
David B Lowman	Executive vice president and director	1 Mar 2001	Other	4520314

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ccc Holdings Inc.	Shareholder	1 May 1988	75% - 100%	52-1568100
Citigroup Inc.	Shareholder	1 Nov 1998	75% - 100%	52-1568099

Based in New York

The principal office where Travelers Bank & Trust, Fsb performs its advisory services is located at 153 E. 53 Rd St., 23 Rd Fl., New York, NY 10043, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-559-1212 or by fax 212-793-1626. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at citigroup.com.