SEC-registered wealth management firm Broker-dealer affiliated
Citizens Private Wealth
As of its Form ADV filed July 8, 2026, Citizens Private Wealth, an SEC-registered, broker-dealer affiliated wealth management firm in Tarrytown, New York, reported $16.6 billion in regulatory assets under management across 12,118 accounts, ranking #26 among all wealth firms in New York by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 106743
- SEC file number
- 801-40835
- Registered since
- February 20, 1992
- Latest Form ADV filing
- July 8, 2026
- Legal name
- CITIZENS PRIVATE WEALTH, LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 25
Key figures
- Regulatory assets under management
- $16.6 billion
- Discretionary
- $14.3 billion (86.2%)
- Non-discretionary
- $2.3 billion
- Accounts
- 12,118 (10,565 discretionary)
- Clients
- 5,134, approximate as reported
- Employees
- 214
- Advisory staff
- 214 performing investment advisory functions
- Average account
- $1.4 million
- Asset growth, 1 year
- 36.5% (from $12.2 billion a year earlier)
- Asset growth, 3-year annual rate
- 32.8% (from $7.1 billion three years earlier)
- Asset growth, 5-year annual rate
- 22.8% (from $6.0 billion five years earlier)
- Client growth, 1 year
- 23.8% (from 4,146)
Broker-dealer affiliated. The firm is affiliated with a bank (Item 7.A(8)) that is part of a group with a broker-dealer (Item 7.A(1)) or controlled by a public company (Schedule D, Item 10.A). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $3.2 billion |
| October 3, 2011 | $3.6 billion |
| October 1, 2012 | $4.2 billion |
| October 1, 2013 | $4.1 billion |
| October 1, 2014 | $4.5 billion |
| October 1, 2015 | $4.6 billion |
| October 3, 2016 | $5.2 billion |
| October 2, 2017 | $6.1 billion |
| October 1, 2018 | $6.3 billion |
| October 1, 2019 | $6.5 billion |
| October 1, 2020 | $4.2 billion |
| October 4, 2021 | $6.0 billion |
| October 3, 2022 | $6.5 billion |
| October 5, 2023 | $7.1 billion |
| October 1, 2024 | $9.5 billion |
| September 2, 2025 | $12.2 billion |
| October 2, 2026 | $16.6 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 2,465 clients | $15.7 billion | |
| Corporations or other businesses 95 clients | $784.2 million | |
| Charitable organizations 7 clients | $145.7 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Selection of other advisers
Financial planning clients (Item 5.H): 101-250.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Swap dealer
- Banking or thrift institution
- Trust company
- Insurance company or agency
Custody (Item 9)
The firm reported custody of client cash or securities, $699.0 million in total.
Investment adviser representatives
- IARs registered with the firm
- 93
- Also registered through a broker-dealer
- 80
- Employees who are IARs (Form ADV 5.B(3))
- 68
Designations held by the firm's IARs: CFP 29, CFA 11, ChFC 2, PFS 1.
Between 33 and 48 of the firm's 93 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 3 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in New York
| Firm | City | RAUM |
|---|---|---|
| Offit Capital | New York | $20.6 billion |
| Summit Trail Advisors, LLC | New York | $19.9 billion |
| Park Avenue Securities LLC | New York | $19.6 billion |
| Evercore Wealth Management, LLC | New York | $15.5 billion |
| Williams Jones Wealth Management, LLC | New York | $12.5 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Citizens Private Wealth on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.citizensbank.com
- Wealth management firms in New York
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.