Hedge Fund Database

FIRST CITIZENS INVESTOR SERVICES, INC.

Adviser information for FIRST CITIZENS INVESTOR SERVICES, INC. last updated from Form ADV on March 30th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location North Carolina, United States

Employees

Total Number of Employees 235
Investment Advisory/Research 130
Registered Broker-Dealer Representatives 234
Registered State Investment Advisers 235
Licensed Agents of an Insurance Company 218
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 6,060 $1.7B
Non-Discretionary 26 $2.1M
Total 6,086 $1.7B

Clients

Type Number RAUM
Individuals 4,463 $1.0B
HNW Individuals 321 $668.0M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans <5 $871,348
Charitable organizations 15 $7.4M
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 41 $17.6M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 2000

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)
Compensation % of AUMFixed fees
Other Business Activities Broker-dealerInsurance broker or agent

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 17.2B
Portfolio Manager 8.0M
Both for Same 1.7B
Portfolio Manager to Program Sponsor
PARAMOUNT CHOICE MANAGED ACCOUNT PROGRAM FIRST CITIZENS INVESTOR SERVICES, INC.

Identifiers

SEC RIA File Number 801-57302
SEC ERA File Number 801-57302
SEC CIK Numbers None
SEC CRD Numbers 44430
Legal Entity Identifier None

Principal Office

4300 SIX FORKS RD
RALEIGH
NC
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 800-229-0205, Fax: 919-716-2230

Websites

www.linkedin.com/first citizens investor services, inc. www.firstcitizens.com/

Chief Compliance Officer

PAULA HEFFRON
CHIEF COMPLIANCE OFFICER
100 E. TRYON RD.
DAC19
RALEIGH
NC
United States
Tel: 919-716-2492
Fax: 919-716-2230
(Full email address available in API data)

Regulatory Contact

ERAINE PARKER
SR. COMPLIANCE OFFICER
100 E TRYON RD
DAC19
RALEIGH
NC
United States
Tel: 919-716-2177
(Full email address available in API data)

Industry Affiliates

FIRST CITIZENS ASSET MANAGEMENT, INC Other investment adviser, including financial planners
FIRST CITIZENS CAPITAL SECURITIES, LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
FIRST CITIZENS INSTITUTIONAL ASSET MANAGEMENT, LLC Other investment adviser, including financial planners
FIRST CITIZENS INVESTOR SERVICES, INC. Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersInsurance company or agency
FIRST-CITIZENS BANK & TRUST COMPANY Banking or thrift institutionInsurance company or agency
NEUSE TITLE SERVICES Insurance company or agency
SVB ASSET MANAGEMENT Other investment adviser, including financial planners
SVB WEALTH Other investment adviser, including financial planners

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
FIRST-CITIZENS BANK & TRUST COMPANY Domestic Entity – 100% OWNER 01/1994 > 75%
BOGACZYK, STEVEN FRED Individual – DIRECTOR, CHIEF FINANCIAL OFFICER 08/2001 < 5%
FIRST CITIZENS BANCSHARES, INC. Domestic Entity FIRST-CITIZENS BANK & TRUST COMPANY OWNER 01/1994 > 75%
HEFFRON, PAULA KAY Individual – DIRECTOR, CHIEF COMPLIANCE OFFICER 08/2019 < 5%
BILITER, DAVID LEE Individual – DIRECTOR, PRESIDENT 12/2020 < 5%
MCCALLUM, CHARLES FALCONER III Individual – DIRECTOR 02/2024 < 5%
WALSH, WILLIAM JAMES Individual – DIRECTOR 02/2024 < 5%

No. Employees, Historic

30015002019202020212022202320242025177 on 6/26/2019177 on 9/12/2019177 on 10/14/2019177 on 11/20/2019177 on 1/7/2020177 on 1/8/2020177 on 1/21/2020177 on 2/14/2020175 on 4/1/2020175 on 6/29/2020175 on 10/14/2020175 on 10/14/2020175 on 12/21/2020208 on 4/1/2021208 on 4/23/2021208 on 1/21/2022201 on 3/31/2022201 on 4/5/2022201 on 12/2/2022250 on 3/30/2023250 on 4/3/2023250 on 4/27/2023250 on 4/29/2023250 on 8/10/2023250 on 11/27/2023250 on 1/3/2024250 on 2/28/2024235 on 3/30/2024

RAUM, Historic

2B1B02019202020212022202320242025789738688 on 6/26/2019789738688 on 9/12/2019789738688 on 10/14/2019789738688 on 11/20/2019789738688 on 1/7/2020789738688 on 1/8/2020789738688 on 1/21/2020789738688 on 2/14/2020980920651 on 4/1/2020980920651 on 6/29/2020980920651 on 10/14/2020980920651 on 10/14/2020980920651 on 12/21/20201203107657 on 4/1/20211203107657 on 4/23/20211203107657 on 1/21/20221624620820 on 3/31/20221624620820 on 4/5/20221624620820 on 12/2/20221526535778 on 3/30/20231526535778 on 4/3/20231526535778 on 4/27/20231526535778 on 4/29/20231526535778 on 8/10/20231526535778 on 11/27/20231526535778 on 1/3/20241526535778 on 2/28/20241729333096 on 3/30/2024

No. Clients, Historic

6,0003,000020192020202120222023202420253330 on 6/26/20193330 on 9/12/20193330 on 10/14/20193330 on 11/20/20193330 on 1/7/20203330 on 1/8/20203330 on 1/21/20203330 on 2/14/20203627 on 4/1/20203627 on 6/29/20203627 on 10/14/20203627 on 10/14/20203627 on 12/21/20204144 on 4/1/20214144 on 4/23/20214144 on 1/21/20225099 on 3/31/20225099 on 4/5/20225099 on 12/2/20225949 on 3/30/20235949 on 4/3/20235949 on 4/27/20235949 on 4/29/20235949 on 8/10/20235949 on 11/27/20235949 on 1/3/20245949 on 2/28/20244843 on 3/30/2024