Citizens Private Wealth

RIASEC RegisteredEst. 1992

Total AUM

$16.6B

Discretionary

$14.3B

86% of AUM

Avg account

$1.4M

Accounts

12,118

Employees

214

Advisory reps

Firm details

Headquarters: Tarrytown, New York
CRD number: 106743
Registered since: February 20, 1992
Website: www.clarfeld.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI94.41%
Corporations / Businesses4.71%
Charitable Organizations0.88%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Citizens Private Wealth is an independent registered investment adviser organized as an LLC and SEC-registered since 1992. The firm serves both individual/family clients and institutional accounts, offering financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and manager-selection services. It acts as a capital allocator, placing client capital with third‑party managers alongside proprietary strategies, and charges fees on a mix of percentage-of-AUM, hourly, and fixed-fee arrangements. The firm maintains relationships across the financial services ecosystem — including broker‑dealer, bank/thrift, trust company and insurance affiliates — and is not identified as an active ESG investor. Citizens Private Wealth has been recognized in industry rankings (FA Magazine, Barron’s, and Forbes across multiple years).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Public Funds/Mutual Funds46%
Exchange Traded Equities33%
US Government Bonds8%
State & Local Bonds7%
Cash & Cash Equivalents4%

Owners & executives

3 of 3

David Shore
Senior Vice President, Chief Compliance Officer, Wealth ManagmentCRD 2106767
Michael Hans
Chief Investment Officer & Managing DirectorCRD 5583273
Chad Arnold
EVP & Chief Operating OfficerCRD 3076401