Citi Introduces New Citi Wealth Advisor Digital Financial Planner
Commission-free trading for ETFs and new-issue U.S. Treasuries for Citigold Clients
New York, March 28, 2019 – Citi announced today that it is introducing a new, fully digital financial planning solution called Citi Wealth Advisor to enable Citigold clients to work with their dedicated relationship team to create a financial plan that focuses on the goals that matter most. In addition, Citi is also offering commission-free trading for ETFs and new-issue U.S. Treasury purchases for Citigold clients.
“There isn’t a one-size-fits-all approach to financial planning,” said John Cummings, Head of Citi U.S. Consumer Wealth Management. “We’re proud to introduce Citi Wealth Advisor, a more personalized, intuitive experience that helps clients create a financial roadmap that’s unique to them—whether that means sending their kids to college, retiring early, or buying a dream vacation home.”
With Citi Wealth Advisor, clients select their goals to create their financial roadmap, showing them how to achieve their goals. The roadmap includes a Confidence Score, which estimates their probability of success, as well as the solutions needed to maximize their efforts. The client’s dedicated Citigold team, including their Financial Advisor or Relationship Manager, can follow the plan in real time, and recalibrate it as their clients’ lives and financial responsibilities evolve.
Citi Wealth Advisor also allows investors to model various “what if” scenarios that highlight different pathways to achieving their goals. These strategies include controllable elements, such as increasing savings or adjusting retirement dates, as well as uncontrollable events such as market downturns, inflation or Social Security benefit changes.
“Understanding and preparing for these risks to retirement can be very reassuring,” said Chuck Cavanaugh, Head of Wealth Planning, Citi Personal Wealth Management. “And for clients who are already on pace to achieve their retirement goals, we can advance into meeting other goals like funding health care, college, travel and charitable giving. Our advisors are supported by a number of specialist teams that can provide investment analysis, risk management and advanced planning strategies.”
More information may be found at the Citi Wealth Advisor website.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
As a Citigold client, you can receive banking and lending services, including The Citigold Account Package, from Citibank, N.A. (“Citibank”), Member FDIC and Equal Housing Lender NMLS# 412915, along with financial planning and investment products as a client of Citi Personal Wealth Management, a business of Citigroup Inc., that offers investment guidance, products, and services through Citigroup Global Markets Inc. (”CGMI”), member SIPC. Citigroup Life Agency LLC (“CLA”) offers insurance products. In California, CLA does business as Citigroup Life Insurance Agency, LLC (license number 0G56746). Citigold Relationship Managers are employees of Citibank and are employees and registered representatives of CGMI. Citibank, CGMI, and CLA are affiliated companies under the common control of Citigroup.
SOURCE: Citigroup Inc.