Citizens Private Wealth
Assets Under Management
$12.2B
Number of Clients
2,073
Number of Advisors
81
Average Client AUM
$5.9M
AUM per Advisor
$150.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
The firm specializes in investment advisory services, offering discretionary and non-discretionary investment management. Their platform is open-architecture, selecting managers based on investment merits. They tactically alter asset allocation based on market conditions. They may recommend services of Citizens Bank, N.A. for wealth management and other professionals for non-investment implementation purposes.
Fee Structure
The annual investment advisory fee is based on a percentage of the market value, scope of services, and type of assets managed, generally ranging between 0.10% and 2.0%. This can be an annual percentage rate, a tiered fee, or a flat fee. Standalone Fixed Income Only engagements have a separate fee schedule. There is an additional fee of 0.20% per annum for the Large Cap Strategy. Liquidity Management Strategy fees range from 0.05% to 0.25% per annum. Retirement plan consulting fees range between 0.10% and 0.40% of the value of plan assets. The firm generally requires a $3,000,000 minimum asset level for investment advisory services, however minimum asset level depends on the type of investment management strategy being engaged.
Areas of Practice
Location
520 White Plains Road, 3rd Floor, Tarrytown, NY, 10591