Citizens Securities, Inc.

Registered investment adviser · Johnston, RI · CRD #39550

Form ADV data as of 2026-09-01

Regulatory assets

$12.87 billion

Total accounts

60,545

Employees

471

Disclosure events

Firm details

Website: https://www.linkedin.com/company/citizens-private-wealth
Telephone: 1-800-942-8300
SEC file number: 801-61902
Most recent Form ADV filing: 2026-04-14
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	$0
Non-discretionary regulatory assets under management	$12.87 billion
Total regulatory assets under management	$12.87 billion
Discretionary accounts	0
Non-discretionary accounts	60,545
Total accounts	60,545
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	471
Employees performing investment advisory functions (including research)	454
Employees who are registered representatives of a broker-dealer	456
Employees registered as investment adviser representatives with a state	454
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	452
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No

How the firm is compensated

A percentage of assets under management

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Other

Other business activities

Broker-dealer (registered or unregistered)Insurance broker or agent

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:

Compensates a non-employee for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	60,118	$12.21 billion
High net worth individuals	44	$359.4 million
Corporations or other businesses not listed above	383	$302.6 million