Tuesday, October 06, 2009

 

Citi Personal Wealth Management Goes Fee-Only

Citi Personal Wealth Management is shifting its investment advisory model to a fee-only service and plans to work with RIAs in an effort to broaden its geographic coverage, the company announced today. The company plans to eliminate commission-based compensation by 2011, while also transitioning Citi Personal Wealth Management advisors to function solely as investment advisory representatives...

BIC: Citi Personal Wealth Management Goes Fee-Only

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