Citicorp Trust Bank, Fsb (Sioux Falls)

Name: Citicorp Trust Bank, Fsb
Address: 1300 West 57 Th Street, Sioux Falls, SD, 57108
Telephone: 605-731-2777

Citicorp Trust Bank, Fsb is a large advisory firm based in Sioux Falls. It manages $3.37 billion of regulatory assets for 3,415 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of New York and South Dakota.

Citicorp Trust Bank, Fsb provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting 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.

Citicorp Trust Bank, Fsb: assets under management

The assets under management (AUM) of Citicorp Trust Bank, Fsb is $3.37 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.37 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $986.07 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Citicorp Trust Bank, Fsb 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 Citicorp Trust Bank, Fsb

James Carey has been acting as President since 1 Mar 2000. Peter Stuart Daytz has served as the Chief Investment Officer since 1 Nov 2004. Paul Raymond Ince joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Citi Financial	Shareholder	1 May 1983	75% - 100%	52-0883351
Citi Financial Credit Company	Shareholder	1 May 1983	75% - 100%	52-0883351
Iii John Brooke Duvall	Director	1 Sep 1989	Other	4371181
Harry D. Goff	Director, president, ceo	1 Mar 1990	Other	4371093
Charles Haug	Cfo & senior v.p.	1 Oct 1995	Other	4371188
Harry D. Goff	Director	1 Nov 1997	Other	4371093
Ronald E. Carroll	Director and executive vice president	1 Nov 1997	Other	4371176
Herbert J. Seligson	Director and executive vice president	1 Nov 1997	Other	4371185
Ronald Edward Carroll	Director and executive vice president	1 Nov 1997	Other	4371176
Herbert Joseph Seligson	Director and executive vice president	1 Nov 1997	Other	4371185
Frank J. Petrecco	Managing director	1 Jan 1998	Other	4371183
Ronald E Carroll	Director	1 Nov 1998	Other	4520080
Herbert J. Seligson	Executive v.p.	1 Apr 1999	Other	4371185
Susanna Y Gleason	Compliance officer & assistant secretary	1 Jun 1999	Other	2103067
Marjorie Nesbitt	Cio	1 Mar 2000	Other	4371061
James Carey	Director	1 Mar 2000	Other	4371176
Theresa A. Hasson	Director, vice president and cra officer	1 Mar 2000	Other	4520314
Theresa Ann Hasson	Director, vice president and cra officer	1 Mar 2000	Other	4520314
Frederick Yorke	Chief trust officer & sr. v.p.	1 May 2000	Other	2983926
Edward James Orazem	Director	1 Mar 2001	Other	2601590
David B Lowman	Executive vice president and director	1 Mar 2001	Other	4520314
David B. Lowman	Director, ceo and president	1 Mar 2001	Other	4371061
Ronald E. Carroll	Director	1 Mar 2001	Other	4371176
John Winthrop Watkins	Director and executive vice president	1 Mar 2002	Other	851663
Linda S Davis	Director	1 Mar 2002	Other	4371181
Mitchell Hedstrom	Senior trust officer	1 Mar 2003	Other	4644799
Mitchell Warren Hedstrom	Cheif trust officer	1 Mar 2003	Other	4644799
Richard P. Trumpler	Director	1 Mar 2003	Other	2601590
K N Ravishankar	Chief financial officer	1 Jan 2004	Other	4902814
Kettavaranpalayam Nilakanta Ravishankar	Chief financial officer	1 Jan 2004	Other	4902814
Richard Monaghan	Director and senior vice president	1 Feb 2004	Other	4520080
Richard Francis Monaghan	Director and senior vice president	1 Feb 2004	Other	4520080
Mary Louise Preis	Director	1 May 2004	Other	4902633
Andy R Higginbotham	Chief operating officer	1 May 2004	Other	4902819
Andrew Robert Higginbotham	Chief operating officer	1 May 2004	Other	4902819
Eugene R Schutt Jr.	Director, ceo and president	1 Jul 2004	Other	4902630
Eugene Rodman Schutt Jr.	Director, ceo and president	1 Jul 2004	Other	4902630
Susanna Y Gleason	Chief compliance officer/trust	1 Nov 2004	Other	2103067
Robert Francis Xavier Bohrer	Chief compliance officer/investment advisory	1 Nov 2004	Other	1359345
Peter Stuart Daytz	Chief investment officer	1 Nov 2004	Other	4886443
Susanna Gleason	Chief compliance officer/trust	1 Nov 2004	Other	2103067
Roger W Kent	Director, evp and chief financial officer	1 Feb 2005	Other	4939484
Robert Peter Wallace	Director and managing director	1 Feb 2005	Other	4518922
William Peter Beckmann	Director and executive vice president	1 Feb 2005	Other	4939473
Roger Wynn Kent	Director, evp and chief financial officer	1 Feb 2005	Other	4939484
Edward P Murphy	Interim chief trust officer	1 Jul 2005	Other	5040171
Paul Raymond Ince	Chief financial officer	1 Dec 2005	Other	5124347
Peter Joseph Randazzo	Senior vice president	1 Dec 2005	Other	1568725
Kathryn S Van Eeuwen	First vice president and trust officer	1 Dec 2005	Other	5124351
Bruce R Bogue	Vice president and trust officer	1 Dec 2005	Other	5124356

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ccc Holdings Inc.	Shareholder	1 May 1988	75% - 100%	52-1568100
Citigroup Inc.	Shareholder	1 Nov 1998	75% - 100%	52-1568099
Citigroup Inc.	Shareholder	1 Nov 2000	75% - 100%	52-1568099
Associates First Capital Corporation	Shareholder	1 Oct 2001	75% - 100%	52-0883351
Citicorp Banking Corporation	Shareholder	1 Oct 2001	75% - 100%	00-0000000

Based in Sioux Falls

The principal office where Citicorp Trust Bank, Fsb performs its advisory services is located at 1300 West 57 Th Street, Sioux Falls, SD 57108, 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 605-731-2777 or by fax 605-731-2787. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at citigroup.com.