First Citizens Investor Services, INC.
Assets Under Management
$2.1B
Number of Clients
6,706
Number of Advisors
379
Average Client AUM
$313K
AUM per Advisor
$5.5M
Compensation
Fee-Only (AUM)
About This Firm
First Citizens Investor Services (FCIS) offers investment advisory services through its IARs. They assess client needs, risk tolerance, and objectives to recommend suitable services and strategies. Services include portfolio management, asset allocation, wrap programs, and financial planning. FCIS provides these services through First Citizens Investor Services Wealth Strategies Portfolio Management, First Citizens Guided Investing, First Citizens Wealth Management, Tax Aware Services, and Financial Planning.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 1.30% |
| $100K - $250K | 1.20% |
| $250K - $500K | 1.05% |
| $500K - $1.0M | 0.90% |
| $1M+ | 0.85% |
Fees are negotiable and differ among clients based on several factors.
Fee Estimator
FCIS charges asset-based fees for its services, varying based on the program selected, account size, and overall relationship. The Portfolio Manager Program and First Citizens Wealth Management programs have the same fee schedule. Financial planning is offered on a complimentary basis. Clients are responsible for additional fees like brokerage fees and custodial fees. Tax Aware Services are provided at an additional fee of 0.53% of the assets in the account.
Areas of Practice
Location
8540 Colonnade Center Drive, Raleigh, NC, 27615-3052