Citi Venture Services LLC (New York)

Citi Venture Services LLC is a large advisory firm based in New York. It manages $255.55 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Citi 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.

Citi Venture Services: assets under management

The assets under management (AUM) of Citi Venture Services LLC is $255.55 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $255.55 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $85.18 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Citi 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 Citi Venture Services LLC

Michael Patrick Mcgrath has been acting as President since 1 Jun 2009. Christine Regante joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Deluise	Chief administrative officer	1 Jun 1998	Other	4376226
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
Todd Edward Benson	Co-president	1 Feb 2009	Other	2170958
Darren Michael Friedman	Co-president	1 Feb 2009	Other	2829857
Morgan Stanley Smith Barney Holdings Llc	Member	1 May 2009	75% - 100%	26-4310632
Christine Regante	Treasurer	1 Jun 2009	Other	4484960
Matthew Paul Knapp	Chief compliance officer	1 Jun 2009	Other	2514353
James V Bruno	Secretary	1 Jun 2009	Other	4348998
Israel Grafstein	Assistent secretary	1 Jun 2009	Other	4264856
Michael Patrick Mcgrath	President	1 Jun 2009	Other	2059989

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	Shareholder	1 Nov 1997	75% - 100%	52-1568099
Morgan Stanley	Shareholder	1 May 1998	75% - 100%	36-3145972
Citigroup Financial Products Inc.	Shareholder	1 Sep 1998	75% - 100%	13-2340203
Citigroup Global Markets Holdings Inc.	Shareholder	1 Sep 1998	75% - 100%	11-2418067
Citigroup Inc.	Shareholder	1 Sep 1998	75% - 100%	52-1568099
Morgan Stanley & Co. Incorporated	Member	1 Feb 2009	50% - 75%	8209
Citigroup Global Markets Inc.	Member	1 Feb 2009	25% - 50%	7059

Based in New York

The principal office where Citi Venture Services LLC performs its advisory services is located at 485 Lexington Avenue, 12 Th Floor, New York, NY 10017, 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 212-783-3660 or by fax 646-328-3220. The normal business hours are 9:00am-5:00pm on Monday - Friday.