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Citigroup Global Markets

SEC-registered adviser since 1964New York, NYCRD 7059

$56.0B
AUM
59,829
Clients
See fees
Fee
4,078
Advisory staff

From Form ADV filed 10 September 2026 · data retrieved 15 October 2026SEC record

Citigroup Global Markets is an investment adviser headquartered in New York, New York, and registered with the SEC since 1964. Its clients include high-net-worth individuals, other individuals, and corporations and other businesses. High-net-worth individuals account for 57% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and security ratings or pricing. Fee arrangements include a percentage of assets under management and fixed fees. Citigroup Financial Products Inc. owns 75% or more of Citigroup Global Markets.

Clients

Citigroup Global Markets serves 59,829 clients, 23,441 of them high-net-worth individuals. The average client has about $936,000 with the firm, and high-net-worth clients hold 57% of its $56 billion in assets.

Regulatory assets by client type
  • Individuals34,655 clients17%
  • High-net-worth individuals23,441 clients57%
  • Pooled investment vehicles26 clients5%
  • Pension and profit-sharing plans41 clients3%
  • State or municipal government entities11 clients5%
  • OtherCorporations and other businesses, Charitable organizations13%
Show client breakdown
Individuals (other than HNW)
Clients
34,655
Regulatory AUM
$9,545,607,987
Share
17.0%
Avg. per client
$275K
High-net-worth individuals
Clients
23,441
Regulatory AUM
$31,953,417,699
Share
57.1%
Avg. per client
$1.36M
Pooled investment vehicles
Clients
26
Regulatory AUM
$2,980,740,757
Share
5.3%
Avg. per client
$114.6M
Pension and profit-sharing plans
Clients
41
Regulatory AUM
$1,502,986,828
Share
2.7%
Avg. per client
$36.7M
Charitable organizations
Clients
143
Regulatory AUM
$509,061,225
Share
0.9%
Avg. per client
$3.56M
State or municipal government entities
Clients
11
Regulatory AUM
$2,842,204,202
Share
5.1%
Avg. per client
$258.4M
Corporations and other businesses
Clients
1,512
Regulatory AUM
$6,672,637,222
Share
11.9%
Avg. per client
$4.41M

Total

Clients
59,829
Regulatory AUM
$56,006,655,920
Share
100%
Avg. per client
$936K

What it does

Citigroup Global Markets provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, security ratings or pricing and other activities. It is paid through a percentage of assets and fixed fees.

Citigroup Global Markets provided financial planning to 2,400 clients last fiscal year and advises no private funds.

62.4% of assets ($34.96B across 37,632 accounts) are managed with discretion; $21.04B across 22,125 accounts are not. $54.27B sits in a wrap fee program the firm both sponsors and manages. 8% of clients are outside the U.S., and 2,481 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks30%
  • Funds50%
    • Registered funds48%
    • Pooled vehicles2%
  • Bonds18%
    • State and local bonds8%
    • U.S. government and agency bonds7%
    • Investment grade corporate bonds2%
    • High-yield corporate bonds1%
  • Cash2%

Custodians

Citigroup Global Markets’ client accounts are held mainly at Pershing, with 78% of managed assets, and Citibank, N.A., with 16%. Citigroup Global Markets has custody of $43.96B for 58,913 clients.

Managed account assets by custodian
  • PershingPershing LLC · Jersey City, NJ · $43.63B78%
  • Citibank, N.A.Citibank, N.A. · New York, NY · $9.00B16%
  • All other custodians$3.37B6%

Ownership and leadership

Citigroup Financial Products Inc. owns 75% or more of Citigroup Global Markets.

Who owns the firm
Citigroup Global Markets Inc.· the adviser

  • Citigroup Financial Products Inc.

    Control person · since September 1998

    Owns 75% or more of Citigroup Global Markets Inc.

  • Citigroup Global Markets Holdings Inc.

    Control person · since September 1998

    Owns 75% or more of Citigroup Global Markets Inc.

Leadership

  • Dina Varous
    Director/CEO/President/Chairwoman
  • Michael Agnello
    Chief Financial Officer
  • Robert James Cole
    Chief Compliance Officer - Investment Advisory Business
  • Cyrus Begley III Richardson
    Chief Compliance Officer
  • Christopher Barratt
    Chief Operations Officer/Principal Operations Officer (finop)
  • Keith David Glenfield
    Director
  • Nikhil Joshi
    Director
  • Robert Francis Klein
    Co-General Counsel
  • Adam Reid Meshel
    Co-General Counsel

Staff

  • 7,036 employees
  • 4,078 in advisory functions
  • 2,356 state-registered reps
  • 5,004 broker-dealer reps
  • 945 insurance agents
  • 1 soliciting firm

Fees

Citigroup Global Markets is paid through a percentage of assets under management and fixed fees (other than subscription fees).

Citigroup Global Markets’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Citigroup Global Markets has 594 offices, with 26 listed addresses across 8 states.

Listed office addresses by state

New York · 9 listed addresses

  • 388 Greenwich Street, New YorkHQ
  • Citi Private Bank, New York
  • Citi Private Wealth Management, New York
  • Citi Private Bank, New York
  • Citi Private Bank, New York
  • Citi Private Bank, New York
  • Citi Private Bank, New York
  • Citi Private Wealth Management, New York
  • Citi Private Bank, Ny

Other business names

Citigroup Global Markets has reported 4 other business names to the SEC.

  • Citi Global Wealth at Work
  • Citi Investment Management
  • Citi Personal Wealth Management
  • Citi Private Bank

Registration details

Legal name
Citigroup Global Markets Inc.
Headquarters
388 Greenwich Street, New York, NY 10013
Phone
212-816-6000
Website
www.citi.com
SEC file
801-3387
Structure
New York corporation
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Citigroup Global Markets have?

Citigroup Global Markets has 59,829 clients and manages $56 billion for them, as of September 2026. They include 34,655 other individuals, 23,441 high-net-worth individuals and 1,512 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 September 2026

What services does Citigroup Global Markets offer?

Citigroup Global Markets provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, security ratings or pricing and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Citigroup Global Markets use?

Citigroup Global Markets’ separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $43,634,893,425 and Citibank, N.A. (New York, NY), with $9,002,990,951. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 September 2026

How many financial advisors does Citigroup Global Markets have?

Citigroup Global Markets has 2,356 investment adviser representatives registered with state securities authorities, out of 7,036 employees, and 4,078 perform investment advisory functions. 5,004 are registered representatives of a broker-dealer and 945 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Citigroup Global Markets invest in?

At the end of its last fiscal year, Citigroup Global Markets’ separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 8% state and local bonds, 7% U.S. government and agency bonds, 2% investment grade corporate bonds, 2% pooled vehicles (private funds and similar), 2% cash and equivalents and 1% high-yield corporate bonds. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Citigroup Global Markets?

Citigroup Global Markets is owned through a holding company by Citigroup Inc. Its direct owners are Citigroup Financial Products Inc. (75% or more) and Citigroup Global Markets Holdings Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 10 September 2026

How does Citigroup Global Markets get paid?

Citigroup Global Markets is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 10 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 7059.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Citigroup Global Markets Inc. and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.