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

CWM Retail, Sales, 502 Old Country Road, Garden City, NY, 11530

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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
November 2008
Denied
Other Business Activities

Aaron serves as Power of Attorney for his elderly aunt, assisting with general life and health matters. This role requires minimal time and is not investment-related.

Employment History
Current Registrations
Citigroup Global Markets INC.
March 2014 - Present · 11 yrs 10 mos
Citigroup Global Markets INC.
December 2013 - Present · 12 yrs 1 mo
Citigroup Global Markets INC. Broker
December 2013 - Present · 12 yrs 1 mo
Previous Registrations
J.P. Morgan Securities LLC Broker
October 2012 - December 2013 · 1 yr 2 mos
J.P. Morgan Securities LLC
October 2012 - December 2013 · 1 yr 2 mos
Chase Investment Services CORP.
November 2003 - October 2012 · 8 yrs 11 mos
Chase Investment Services CORP.Broker
November 2003 - October 2012 · 8 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
July 2002 - November 2003 · 1 yr 4 mos
Morgan Stanley Dw INC.Broker
June 1999 - May 2002 · 2 yrs 11 mos
State Registrations20 states
CACOCTDCDEFLGAILKSKYMAMDNCNJNYPASCTXVAWA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.