Citicorp Trust Bank, Fsb is a large advisory firm based in Sioux Falls. It manages $3.37 billion of regulatory assets for 3,415 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of New York and South Dakota.
Citicorp Trust Bank, Fsb provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Citicorp Trust Bank, Fsb is $3.37 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Citicorp Trust Bank, Fsb for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
James Carey has been acting as President since 1 Mar 2000. Peter Stuart Daytz has served as the Chief Investment Officer since 1 Nov 2004. Paul Raymond Ince joined the executive team most recently as the Chief Financial Officer.
The principal office where Citicorp Trust Bank, Fsb performs its advisory services is located at 1300 West 57 Th Street, Sioux Falls, SD 57108, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 605-731-2777 or by fax 605-731-2787. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at citigroup.com.