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.