Citizens Securities, Inc. (CSI) provides investment advisory services through the Citizens Advisory Solutions Managed Account Program and a Digital Advisory Program. The Managed Account Program offers various options, including Citizens Integrated Portfolios, Fixed Income Solutions, Citizens Private Wealth Solutions, and Citizens Advisory Connect. CSI does not provide legal, tax, or accounting advice. Clients work with financial advisors to develop investment strategies based on their financial goals and risk tolerance.
Fee Structure
Citizens Securities offers investment management through its Managed Account Program. The fees vary depending on the specific program selected.
The maximum annual rate for Citizens Securities' component of the fee is 2.00%. The total fee covers asset allocation recommendations, manager research, brokerage, custody, performance reports, and administrative services. Third-party manager fees typically range from 0.02% to 0.50%.
Fees are negotiable under some circumstances, such as the type and size of the client account and the range of services provided.
For Connect accounts, there is a minimum investment of $2,000.