Citistreet Advisors LLC (Somerset)


Citistreet Advisors LLC is a large advisory firm based in Somerset. It manages $1.2 billion of regulatory assets for 30,962 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Citistreet Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Citistreet Advisors: assets under management

The assets under management (AUM) of Citistreet Advisors LLC is $1.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.86 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Citistreet Advisors LLC for their services and products based on a percentage of assets under management and fixed 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 Citistreet Advisors LLC

Raymond Martin has been acting as President since 1 Sep 2000. Citigroup Global Markets Holding Inc. joined the executive team most recently as the Sole Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Cynthia Karen List Vice president, treasurer, finop 1 May 1991 Other xxx-xx-xxxx
Citistreet Associates Llc Sole member of applicant 1 Mar 1997 75% - 100% 13-2862391
Robert Curtis Dughi Director, ceo 1 Mar 1997 Other 72939
Paul Stuart Feinberg Secretary, senior vice president, chief compliance officer 1 Mar 1997 Other 2089852
Copeland Associates Llc Sole member of applicant 1 Mar 1997 75% - 100% 13-2862391
Raymond Martin President 1 Sep 2000 Other 1876256
James Raffaele Jr Famularo Treasurer and chief financial officer 1 Mar 2002 Other 2408335
Lori M Renzulli Chief compliance officer 1 Mar 2003 Other 1994781
Frank Joseph Roselli Assistant controller, finop 1 Jul 2003 Other 3201909
Citistreet Llc Sole member of applicant 1 Sep 2005 75% - 100% 04-3516284
James Raffaele Jr Famularo Treasurer and finop 1 Sep 2005 Other 2408335
Lynne C Shapiro Smith Chief compliance officer 1 Sep 2005 Other 1906512
Michael Joseph Shuckerow Chief compliance officer 1 Feb 2007 Other 5159095
Lynne C Shapiro Smith Chief compliance officer 1 Apr 2008 Other 1906512
Llc Ing Institutional Plan Services Sole member of applicant 1 Jul 2008 75% - 100% 04-3516284

Indirect Owners

The SEC currently registers 22 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ing Insurance International B.V. Shareholder 1 Apr 1977 75% - 100% 98-0159264
Nv Ing Groep Shareholder 1 Mar 1981 75% - 100% foreign
Ing (Verzekeringen) Nv Shareholder 1 Dec 1983 75% - 100% foreign
Copeland Holdings Llc Sole member 1 Mar 1997 75% - 100% 22-3140349
The Travelers Insurance Company Sole shareholder 1 Mar 1997 75% - 100% 06-0566090
The Travelers Insurance Group Inc. Sole shareholder 1 Mar 1997 75% - 100% 06-1008174
Inc. Pfs Services Sole shareholder 1 Mar 1997 75% - 100% 58-1708749
Inc. Associated Madison Companies Sole shareholder 1 Mar 1997 75% - 100% 13-3140258
Citistreet Retirement Services Llc Sole member 1 Mar 1997 75% - 100% 22-3140349
Citigroup Inc. Sole shareholder 1 Oct 1998 75% - 100% 52-1568099
State Street Corporation Sole shareholder 1 Jun 1999 75% - 100% 04-2456637
Plaza Llc Member 1 Mar 2000 75% - 100% 00-0000000
Citistreet Llc Sole member 1 Mar 2000 75% - 100% 00-0000000
Keeper Holdings Llc Member 1 Mar 2000 50% - 75% 06-1575142
State Street Bank And Trust Company Member 1 Mar 2000 50% - 75% 04-1867445
Citigroup Insurance Holding Corporation Sole shareholder 1 Mar 2002 75% - 100% 58-1708749
Inc. Associated Madison Companies Sole shareholder 1 Mar 2002 75% - 100% 13-3140258
Inc. Lion Connecticut Holdings Parent 1 Mar 2003 75% - 100% 02-0488491
Primerica Life Insurance Company Member 1 Sep 2005 75% - 100% 00-0000000
Ssb Keeper Holdings Llc Member 1 Sep 2005 75% - 100% 00-0000000
Ing Life Insurance And Annuity Company Parent 1 Jun 2008 75% - 100% 13256
Citigroup Global Markets Holding Inc. Sole member 1 Sep 2205 75% - 100% 00-0000000

Based in Somerset

The principal office where Citistreet Advisors LLC performs its advisory services is located at 400 Atrium Drive, Somerset, NJ 08873 4172 The mailing address of the firm is 1 Heritage Drive, Quincy, MA 02171. An additional office of the firm is in Lewiston, ME. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 732-514-2000 or by fax 732-514-2468. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.citistreetadvisors.com.