Citi Personal Wealth Management Services

Investors with a large number of liquid investments may seek advice from financial professionals who are well acquainted with a variety of trading strategies and may be able to offer plans that align with an investor’s portfolio goals. Many individuals have Citi Personal Wealth Management accounts for this very reason. If you have between $5 million and $500 million in liquid investment assets, you can also reach out to Pillar Wealth Management for personalized wealth management advice. Our experts have compiled some of their leading advice in our special book for investors, 7 Secrets To High Net Worth Investment Management, Estate, Tax, and Financial Planning. Let’s look at some of the services Citi Wealth and Pillar Wealth Management offer.

STRATEGIES FOR FAMILIES WORTH $5 MILLION TO $500 MILLION

 

7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning

 

The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

What is Citi Personal Wealth Management?

If you are unfamiliar with Citigroup’s range of services, you may be wondering, “What is a Citi Personal Wealth Management account?” Citi Personal Wealth Management refers to Citigroup’s financial advisory division. Individuals who have accounts with this firm get access to exclusive financial planning services. Please speak with one of Pillar Wealth Management’s advisors to learn about our own range of wealth management services at Pillar Wealth Management.

Some of Citi Personal Wealth Management’s services include:

  • College planning
  • Retirement planning
  • Estate planning
  • Wealth planning
  • Investment advisory programs

These services may be beneficial for investors with specific financial goals. For example, an individual seeking additional education resources or financial assistance for their child’s college education may find Citi’s college planning services useful.

Similarly, someone interested in building up their retirement savings may benefit from using Citi’s retirement planning services. Investors with $5 million or more can learn about some of our retirement planning methods at Pillar Wealth Management by reading our unique guide.

Estate planning services are useful for individuals who would like to control their wealth distribution following their passing. This planning helps avoid some of the delays and legal costs associated with wealth transfer.

The company’s other wealth planning services may appeal to individuals seeking to restructure their portfolios or achieve specific portfolio goals. In either case, investors can undoubtedly benefit from using professional wealth planning services offered by experienced professionals.

What is a Citi Registered Investment Advisor?

If you have been following Citigroup for a while, you may have heard they use Pershing for their advisor referral network. So, is Citi using Pershing in 2022? The answer is yes.

Citigroup has maintained a great relationship with Pershing and aims to continue offering clients financial advisory services using that network.

Becoming a Citi Private Client

Citigroup offers specialized services for clients under its Citi Private Client program. People who qualify for this program can have access to a wealth advisor, a relationship manager, and a team of financial specialists. They will also be able to use the firm’s services via its Citigold Private Client service center, which operates 24/7. This includes a remote relationship management team that offers services for investors on the go.

You may be wondering specifically, “How do I become a Citi Private Client?” Citi has made this program open to individuals who maintain a minimum balance of $1 million in an eligible deposit account, investment account, or retirement account.

The account also does not have a minimum monthly fee associated with it. This means members get to maintain their account and redeem services as long as they keep their balance at $1 million or higher.

Is a Citi Personal Wealth Management Account Worth It?

Individuals who are on the fence about signing up for a Citi Personal Wealth Management account may be wondering if it is definitely worth using such services. The truth is that having access to college planning, retirement planning, estate planning, and other wealth planning services can certainly be beneficial for investors, whatever their financial goals may be. However, a large financial advisory firm such as Citi may not be able to offer the type of personalized services that a wealth management firm such as Pillar Wealth Management provides. Please speak with one of our premier wealth managers to learn how we stand out.

As mentioned above, there is no minimum monthly fee associated with having a Citi Personal Wealth Management account. However, the firm does charge a fee based on the value of assets you have entrusted them with. This includes:

  • 2% fee for the first $500,000 of assets under management.
  • 1.5% fee for the next $500,000 of assets under management.
  • 1.25% fee for the next $2 million of assets under management.
  • 1% fee for assets valued at $3 million or more.
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What to Look for in a Wealth Manager

After learning about Citi’s Wealth Management services and charges, you may be wondering about the qualities to look for in a wealth manager. Citigroup’s services may seem attractive to some investors, but these services are unlikely to be a good fit for everyone seeking a wealth management firm.

So, what makes a wealth manager or a wealth management firm a good fit for investors? Some qualities to look out for include:

Experience

Offering financial advice to investors with millions of dollars on the line is no easy task, and many wealth managers would need to demonstrate their expertise before attempting to do so. For this reason, the best wealth managers are those with many years of experience. Such wealth managers have offered advice to dozens, if not hundreds, of clients and can testify to the results of their work.

Investors seeking expert advice in different financial areas can’t go wrong by choosing a wealth manager who has been in the industry for many years and has seen it all. For example, a wealth manager who guided their clients through the financial crisis of 2008 will be well equipped to offer advice to investors concerned about safeguarding their assets in the event of a massive market crash. Please speak with one of our experienced wealth managers to learn about some of the clients they have helped through such crises.

Reliability

Many wealth managers pride themselves on being the top choice in the industry. Such wealth managers may have many decades of experience and possess expertise in a wide range of areas. However, they might not be the most reliable choice for their clients.

After all, a wealth manager in high demand may not be able to make time for each of their clients. So, if you are seeking quick advice on a time-critical financial decision, there is no guarantee the wealth manager will be available to offer you the help you need at that moment.

The best wealth managers typically limit the number of clients they take on at any given time. This ensures they can offer each one the advice they need at crucial points. You can learn about some of the financial planning advice we offer at Pillar Wealth Management by reading our unique guide for investors with $5 million or more.

Personalized Services

Investors seeking wealth management services might not be aware of the importance of personalized advice. The truth is that every investor has a unique background, including uniqueness in terms of portfolios, prioritization, and financial knowledge.

Therefore, two investors with similar assets in their portfolios may be at different stages in their financial journey and therefore possess different goals. One may be interested in acquiring new high-risk assets that boost their wealth rapidly, while the other might intend to fortify their portfolio with more stable assets that will generate passive income during retirement.

A wealth manager certainly would not offer these investors the same advice. They would study each one’s portfolio and determine their financial goals before steering them in a particular direction. A wealth manager must be able to offer personalized advice that fits their clients’ needs.

The best wealth managers will take the time to understand their client’s needs and backgrounds before sculpting a strategy specifically for them. This improves their chances of success and achieving their intended goals.

Why Choose Pillar Wealth Management?

Investors with $5 million to $500 million in liquid investment assets may benefit from choosing Pillar Wealth Management to help them with their financial goals. Our wealth management firm stands out from other firms for numerous reasons. These include:

Our Experience

The wealth managers at Pillar Wealth Management are a smart choice for any investor seeking advice from experienced professionals. We have over six decades of combined industry experience assisting our clients with achieving their financial goals.

Our premier wealth managers helped our clients navigate through the challenges of the 2008 financial crisis and use the experience to steer old and new clients through their own unique challenges. We understand what it takes to build up a secure portfolio that falls in line with your long-term goals.

Our Knowledge

As wealth managers, we possess knowledge in a wide range of areas. We offer services, such as asset management, portfolio analysis, estate planning, retirement planning, insurance planning, and tax planning, for investors with high-value assets on the line.

Our experts can analyze your financial goals in each of these areas and devise strategies to help you achieve your goals in a manageable manner. They can utilize some of the strategies they have perfected over the years to help you grow your portfolio and protect your wealth. You can learn about some of our expert strategies by reading our special guide for investors with $10 million or more.

Our Personalized Services

At Pillar Wealth Management, we know the importance of offering our clients personalized services that meet their needs. After all, no two investors are alike.

Our wealth managers make it a point to thoroughly understand their client’s needs before proffering advice tailored specifically for them. This means they can help you meet your portfolio goals using advanced investment strategies, regardless of your financial knowledge.

This makes Pillar Wealth Management a worthwhile choice for any investor seeking to make the financial decisions that other seasoned investors make after decades of investing.

How to Get Started with Pillar Wealth Management

If you are an investor with $5 million to $500 million in liquid investment assets, you can start using our services by setting up an introductory meeting with our wealth managers. Our experts will use this opportunity to learn about your financial goals and needs before demonstrating how they can benefit you using their expert services. Take the next step in your wealth management journey with Pillar Wealth Management. Please contact us to schedule your complimentary first meeting with our wealth managers.

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Authors

To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

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To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

More from authors.

Related Posts

  1.  JP Morgan Wealth Management Minimum GuideThis JP Morgan wealth management minimum guide is especially for high net worth and ultra-high net worth individuals…
  2. Citi Personal Wealth Management ServicesInvestors with a large number of liquid investments may seek advice from financial professionals who are well…
  3. Merrill Lynch Wealth Management Fees: A Guide – Millionaires often seek professional assistance to manage their wealth and grow their assets in a diversified portfolio…
  4. Bank of New York Wealth Management GuideThis Bank of New York Wealth Management guide is designed for high and ultra-high net worth individuals who may be having trouble…