Cito Capital Group, LLC is a large advisory firm based in Coral Gables. It manages $190.75 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Florida.
Cito Capital Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cito Capital Group, LLC is $190.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 76% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Cito Capital Group, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to charitable organizations, high net worth individuals, and state or municipal government entities. The largest group of clients of Cito Capital Group is high net worth individuals with 9 clients and $124.67 million of assets under management. Among the 7 most similar advisory firms, Cito Capital Group has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $190.75 million for 11 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cito Capital Group doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
William James Canida has served as the Chief Investment Officer since 1 Nov 2017. Brian William Canida joined the executive team most recently as the Member.
The principal office where Cito Capital Group, LLC performs its advisory services is located at 255 Giralda Ave., Coral Gables, FL 33134, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 786-477-6445 or by fax 305-397-1299. The normal business hours are office visits by appointment only on Other.