Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
2267 advisors
Number of Clients
56,938 clients
Average Client Portfolio
$823K average
Assets Under Management
$46.9B

Fee Structure

CGMI charges an annualized, fixed asset-based fee of up to 2%. This fee is negotiable based on various factors. This fee covers CGMI's services, clearing firm charges, and compensation to the client's financial advisor. Clients also pay a separate fee to the investment managers selected to manage their assets, ranging from 0.10% to 0.60% annually, depending on the asset class and investment style. These investment manager fees are not negotiable and are subject to change. Additional fees may apply for other services like wire transfers and account transfers.

Areas of Practice
Investment Management
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Advisor Information

Office location

Citi Wealth Management, Sales, 201 S. Biscayne Blvd, 6th Floor, Miami, FL, 33131

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Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2011
Denied
Employment History
Current Registrations
Citigroup Global Markets INC.
March 2012 - Present · 13 yrs 10 mos
Citigroup Global Markets INC.
March 2012 - Present · 13 yrs 10 mos
Citigroup Global Markets INC. Broker
March 2012 - Present · 13 yrs 10 mos
Previous Registrations
E*trade Capital Management, LLC
June 2007 - March 2012 · 4 yrs 9 mos
E*trade Securities LLCBroker
November 2005 - March 2012 · 6 yrs 4 mos
Merrill Lynch Pierce Fenner & Smith INC.
June 2005 - July 2005 · 1 mo
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
May 2005 - July 2005 · 2 mos
UBS Financial Services INC. Broker
December 2000 - May 2005 · 4 yrs 5 mos
Continental Broker-Dealer CORP.Broker
August 1999 - December 2000 · 1 yr 4 mos
The J.B. Sutton Group, LLCBroker
March 1999 - May 1999 · 2 mos
State Registrations23 states
ARCACOCTDCFLGAKSKYMAMDMIMNMONJNVNYOHPASCTXVAWA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Adam Ilan Gutman - Financial Advisor | AdvisorDiscover