Drew Newman
Drew Newman is a registered investment advisor at Citigroup Global Markets INC., based in Great Neck, NY, with 32 years of industry experience. Drew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 56,938 clients with $47B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
CGMI offers various investment advisory programs with different fee structures. The CGMI fee is an annualized, fixed, asset-based fee of up to 2% that is negotiable based on a number of factors. Clients may also pay separate fees to third-party investment managers, generally ranging from 0.05% to 1.00% depending on the asset class and investment style. These fees do not include additional charges such as wire transfer fees, taxes, or brokerage commissions for trades executed outside of CGMI or Clearing Firm.
Location
CWM Retail, Sales, 111 Great Neck Road, Great Neck, NY, 11021
Get directionsHistory
Regulatory History (3)
Customer Dispute
January 1998Employment Separation After Allegations
May 1994Criminal
July 1981Other Business Activities
Drew is a partner in a rental LLC in Ft. Lauderdale, FL, since 2018. He spends minimal time speaking with tenants as necessary.
Employment History
Current Registrations
Citigroup Global Markets INC.
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Previous Registrations
Citicorp Investment Services
Citicorp Investment ServicesBroker
Granite Securities, LLCBroker
Ryan Beck & CO.Broker
Gruntal & CO., L.L.C.Broker
Janney Montgomery Scott LLCBroker
First Albany CorporationBroker
Americorp Securities, INC.Broker
Mclaughlin, Piven, Vogel Securities, INC.Broker
State Registrations29 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.