Ssb Citi Asset Management Ltd. (London)

Name: Ssb Citi Asset Management Ltd.
Address: Cottons Centre, London, Se1 2 Qt
Telephone: 44 20 7500 2486

Ssb Citi Asset Management Ltd. is a large advisory firm based in London. It manages $2.06 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2001.

Ssb Citi Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ssb Citi Asset Management: assets under management

The assets under management (AUM) of Ssb Citi Asset Management Ltd. is $2.06 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.76 billion in discretionary accounts and $302.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $146.44 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $60.57 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ssb Citi Asset Management Ltd. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Ssb Citi Asset Management Ltd.

Jill Anne Paitchel has been acting as President since 1 Apr 1999. Martin Tully joined the executive team most recently as the Head Of Operations Europe.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Marget Davies	Legal officer	1 Apr 1999	Other	2618049
Jill Anne Paitchel	Director	1 Apr 1999	Other	1333917
Christopher Michael Robinson	Director	1 Apr 1999	Other	2645176
Salomon International Llc	100% s/h of applicant	1 Apr 1999	Other	13-3240203
Michael Simon Green	Director	1 Jul 1999	Other	4362306
Vernon Richard Barback	Global head of technology and operations	1 Oct 1999	Other	4347165
Philippe Jacques Lespinard	Head of european investments	1 Mar 2000	Other	4347161
Denis Lionel Chatterton	Compliance officer	1 Sep 2000	Other	4347159
Martin Tully	Head of operations europe	1 Feb 2001	Other	4347167

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Salomon Brothers Holding Company Inc.	100 % shareholder of salomon international llc	1 May 1993	75% - 100%	13-3240203
Citigroup Inc.	100 % shareholder of salomon smith barney holdings inc.	1 Nov 1997	75% - 100%	52-1568099
Salomon Smith Barney Holdings Inc.	100% shareholder of salomon brothers holding company inc.	1 Nov 1997	75% - 100%	11-2418067

Based in London

The principal office where Ssb Citi Asset Management Ltd. performs its advisory services is located at Cottons Centre, London, Se1 2 Qt, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44 20 7500 2486 or by fax 44 20 7500 2117. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at www.citigroupam.com.