Salomon Smith Barney Venture Services, LLC (New York)

Salomon Smith Barney Venture Services, LLC is a large advisory firm based in New York. It manages $320.36 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of New York.

Salomon Smith Barney Venture Services provides market timing 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.

Salomon Smith Barney Venture Services: assets under management

The assets under management (AUM) of Salomon Smith Barney Venture Services, LLC is $320.36 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -31% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $320.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $106.79 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Salomon Smith Barney Venture Services, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

Careers at Salomon Smith Barney Venture Services, LLC

Andrew Lyon Chase has been acting as President since 1 Nov 2001. Dennis Geran Shea joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Smith Barney Fund Management Llc	Shareholder	1 Jun 1998	75% - 100%	106323
Jay Phillip Mandelbaum	Executive vice president	1 Jun 1998	Other	2478764
James Deluise	Chief financial officer and chief administrative officer	1 Jun 1998	Other	4376226
Leonard P Larrabee	Chief legal officer	1 May 1999	Other	3057278
Silvina Maria Di Giuseppi	President - compliance	1 Aug 2000	Other	4376238
Maria Silvina Di Giuseppi	Vice president - compliance	1 Aug 2000	Other	4376238
Carolyn Jo Cole	Senior vice president	1 Nov 2000	Other	1367100
Robert Anthony Case	Executive vice president	1 Nov 2001	Other	1367765
Andrew Lyon Chase	President	1 Nov 2001	Other	1023130
David Schlemmer Smith	Chief legal officer	1 Oct 2002	Other	4646176
James Wagner Fields	Chief financial officer	1 Dec 2002	Other	2702347
John Robert Barber	President	1 Dec 2003	Other	1154799
Kerry Steven Kourepenos	Chief operating officer	1 Feb 2004	Other	2794420
Ranesh Ramanathan	Chief legal officer	1 Sep 2005	Other	5124080
Citigroup Global Markets Holdings Inc.	Shareholder	1 Oct 2005	75% - 100%	11-2418067
Johnny Dale Randel	Chief financial officer	1 Sep 2006	Other	5316183
Jason Paul Ment	Chief legal officer	1 Mar 2008	Other	5512276
Dennis Geran Shea	Chief compliance officer	1 Sep 2008	Other	1747468

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Salomon Smith Barney Holdings Inc.	Shareholder	1 Jun 1998	75% - 100%	22-1660266
Citigroup Inc.	Shareholder	1 Jun 1998	75% - 100%	52-1568099
Citigroup Inc.	Shareholder	1 Sep 1998	75% - 100%	52-1568099

Based in New York

The principal office where Salomon Smith Barney Venture Services, LLC performs its advisory services is located at 388 Greenwich Street, New York, NY 10013, 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 212-816-4445 or by fax 646-688-1807. The normal business hours are 9:00am-5:00pm on Monday - Friday.