Citizens Private Wealth

Registered investment adviser · Tarrytown, NY · CRD #106743

Form ADV data as of 2026-09-01

Regulatory assets

$16.63 billion

Total accounts

12,118

Employees

214

Disclosure events

Firm details

Website: https://www.citizensbank.com/investing-and-wealth-management/services/clarfeld.aspx
Telephone: 914-846-0100
SEC file number: 801-40835
Most recent Form ADV filing: 2026-07-08
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 3 disclosure questions answered Yes, covering 8 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)
Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$14.33 billion
Non-discretionary regulatory assets under management	$2.30 billion
Total regulatory assets under management	$16.63 billion
Discretionary accounts	10,565
Non-discretionary accounts	1,553
Total accounts	12,118
Regulatory assets under management attributable to non-U.S. persons	$150.0 million

People

Total employees (excluding clerical)	214
Employees performing investment advisory functions (including research)	214
Employees who are registered representatives of a broker-dealer	84
Employees registered as investment adviser representatives with a state	68
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	50
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$364.8 million
Clients for whom the firm has custody	141
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$334.2 million
Clients for whom a related person has custody	105
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	8

How the firm is compensated

A percentage of assets under managementHourly chargesFixed fees (other than subscription fees)

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerBanking or thrift institutionTrust companyInsurance company or agency

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends brokers or dealers to clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
High net worth individuals	2,465	$15.70 billion
Charitable organizations	7	$145.7 million
Corporations or other businesses not listed above	95	$784.2 million