AK

Adam Edward Kennerdell

7 Years of Experience

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, NIC, 100 Citibank Dr Building 2, Floor 2, San Antonio, TX, 78245

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Regulatory History (1)
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Financial
December 2016
Final
Employment History
Current Registrations
Citigroup Global Markets INC.
September 2022 - Present · 3 yrs 4 mos
Citigroup Global Markets INC.
September 2022 - Present · 3 yrs 4 mos
Citigroup Global Markets INC. Broker
September 2022 - Present · 3 yrs 4 mos
Previous Registrations
Victory Capital Management INC.
June 2021 - May 2022 · 11 mos
Victory Capital Services, INC.Broker
October 2019 - May 2022 · 2 yrs 7 mos
J.P. Morgan Securities LLC
January 2018 - September 2019 · 1 yr 8 mos
J.P. Morgan Securities LLC Broker
October 2017 - September 2019 · 1 yr 11 mos
State Registrations13 states
CACTDCDEFLILMAMDNJNVNYTXVA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.