Citi Fund Management Inc. (Stamford)

Citi Fund Management Inc. is a large advisory firm based in Stamford. It manages $45.42 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Connecticut.

Citi Fund Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Citi Fund Management: assets under management

The assets under management (AUM) of Citi Fund Management Inc. is $45.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.52 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Citi Fund Management Inc. 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.

Careers at Citi Fund Management Inc.

Mark Raymond Fetting has been acting as President since 1 Mar 2006. Virgil H. Cumming has served as the Chief Investment Officer since 1 Mar 2003. Timothy Charles Scheve joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Carman	Director and president	1 Jan 2001	Other	4333234
Michael Even	Vice president	1 Jan 2001	Other	2176724
A Rama Krishna	Vice president	1 Jan 2001	Other	1735580
Lawrence Kebluusek	Director and vice president	1 Jan 2001	Other	2367127
Peter John Wilby	Vice president	1 Jan 2001	Other	2243217
Christopher Michael Robinson	Director and vice president	1 Jan 2001	Other	2645176
Robert Irwin Frenkel	Secretary	1 Jan 2001	Other	4335927
Linda Marie Onis	Treasurer	1 Jan 2001	Other	4335934
Ssb Citi Fund Management Llc	Sole shareholder of applicant	1 Apr 2001	75% - 100%	106323
Smith Barney Fund Management Llc	Sole shareholder of applicant	1 Apr 2001	75% - 100%	106323
Lewis Eugene Daidone	Director	1 Mar 2002	Other	1245233
Heath Brian Mclendon	Director	1 Mar 2002	Other	329444
Robert P Wallace	Director	1 Mar 2002	Other	4518922
Robert Jay Gerken	Chairman, president and chief executive officer	1 Sep 2002	Other	1340228
William Alfred Arnold	Chief financial officer	1 Mar 2003	Other	3114495
Virgil H. Cumming	Chief investment officer	1 Mar 2003	Other	4332892
Andrew Thomas Beagley	Chief compliance officer	1 Mar 2003	Other	4606683
Robert Blair Shepler	Director	1 Feb 2004	Other	4032042
Thomas Christopher Mandia	General counsel and secretary	1 Feb 2004	Other	4757118
Harry David Cohen	Chief investment officer	1 Feb 2004	Other	49893
Terrence Murphy	Chief financial officer	1 Jul 2005	Other	5007121
Jeanne Marie Kelly	Director	1 Dec 2005	Other	5069959
Barbara Brooke Manning	Chief compliance officer	1 Feb 2006	Other	3198494
Mark Raymond Fetting	Director	1 Mar 2006	Other	733409
Timothy Charles Scheve	Director	1 Mar 2006	Other	1319072
Robert Blair Shepler	Senior vice president	1 Mar 2006	Other	4032042
Peter Lanning Bain	Director	1 Mar 2006	Other	4221890

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	Sole shareholder of salomon smith barney holdings inc.	1 Aug 1993	75% - 100%	52-1568099
Salomon Smith Barney Holdings Inc.	Sole member of ssb citi fund management llc	1 Nov 1997	75% - 100%	22-1660266
Citigroup Global Markets Holdings Inc. (F/K/A Salomon Smith Barney Holdings Inc.)	Sole member of smith barney fund management llc	1 Nov 1997	75% - 100%	22-1660266
Inc. Legg Mason	Sole member of smith barney fund management llc	1 Dec 2005	75% - 100%	20-3171699

Based in Stamford

The principal office where Citi Fund Management Inc. performs its advisory services is located at 100 First Stamford Place, Stamford, CT 06902 6729 The mailing address of the firm is C/O Thomas C. Mandia, Esq, Stamford, CT 06902 6732. An additional office of the firm is in Pasadena, CA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 203-961-6000 or by fax 203-961-6455. The normal business hours are 9 a.m.- 5 p.m. on Monday - Friday.