Felix Loredo
Felix Loredo is a registered investment advisor at Citigroup Global Markets INC., based in Washington, DC, with 22 years of industry experience. Felix 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
Citi Wealth Management, Sales, 1101 Pennsylvania Ave NW, Washington, DC, 20004
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2011Other Business Activities
Felix owns multiple rental properties in Waldorf, MD, LaPlata, MD, and Rehobeth Beach, DE. He dedicates minimal time to these properties, primarily for collecting rent and handling minor repairs.
Employment History
Current Registrations
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Citigroup Global Markets INC.
Previous Registrations
Suntrust Investment Services, INC.Broker
Suntrust Investment Services, INC.
PNC Investments
PNC InvestmentsBroker
Suntrust Investment Services, INC.Broker
Suntrust Investment Services, INC.
Suntrust Investment Services, INC.
Suntrust Investment Services, INC.Broker
UBS Painewebber INC.
UBS Painewebber INC.Broker
State Registrations43 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.