CITIZENS SECURITIES, INC. of JOHNSTON, RI is an SEC-registered investment adviser (CRD 39550). Regulatory assets under management: $12.9B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM.
Clients served: Individuals, High net worth, Charities, Other.
Showing 25 of 38 people.
| Name | Role | Location |
|---|---|---|
| Martin Lee | PRESIDENT | Duarte, CA |
| Howard Michael | EXECUTIVE VICE PRESIDENT - DIRECTOR OF OPERATIONS | Vancouver, A1 |
| Chad Arnold | COO WEALTH, EXECUTIVE VICE PRESIDENT | Lafayette, CO |
| Kevin John Carvalho | CHIEF FINANCIAL OFFICER | — |
| David Howard Shore | CHIEF COMPLIANCE OFFICER | — |
| Michael Cherny | HEAD OF CITIZENS SECURITIES, INC.; PRESIDENT | — |
| MATARESE DAVID JOSEPH | CHIEF FINANCIAL OFFICER | — |
| DUNLAP PETER AUSTIN | PRESIDENT | — |
| KOPP BRADFORD BURNETT | DIRECTOR | — |
| FEIN KEVIN LINDSEY | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER / DIRECTOR; SVP CHIEF COMPLIANCE OFFICER | — |
| MAHONEY ROBERT MAURICE | CHAIRMAN / DIRECTOR | — |
| MILLARD MICHAEL GERARD | CHAIRMAN / CHIEF EXECUTIVE OFFICER; CHAIRMAN / CHIEF EXECUTIVE OFFICER / PRESIDENT; CHIEF EXECUTIVE OFFICER / PRESIDENT | — |
| CUCCIA GARY JOHN | CHIEF FINANCIAL OFFICER; CHIEF FINANCIAL OFFICER / DIRECTOR; CHIEF FINANCIAL OFFICER / DIRECTOR/TREASURER | — |
| CARTER LAWRENCE ANDREW | SENIOR VP / COO / CCO; SENIOR VP / COO / CCO / DIRECTOR | — |
| TOOTHAKER BARRY CRAIG | PRESIDENT; PRESIDENT / DIRECTOR | — |
| GUILFOYLE KATHLEEN MARGARET | CHIEF FINANCIAL OFFICER | — |
| O'BRIEN SHAUN DANIEL | FINOP | — |
| FORMICA MARK J | DIRECTOR | — |
| STEINOUR STEPHEN DOUGLAS | DIRECTOR | — |
| MAHONEY ROBERT M | DIRECTOR | — |
| ROBERT T GORMLEY | DIRECTOR | — |
| HOLLISTER THOMAS JAMES | DIRECTOR | — |
| HACKER SCOTT MARTIN | CHIEF FINANCIAL OFFICER | — |
| SEIDL LAWRENCE | DIRECTOR OF SALES; DIRECTOR OF SALES, DIRECTOR | — |
| DUPRE DAWN AUTIN | PRESIDENT/DIRECTOR | — |
Showing 10 of 14 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2020-01-30 | regulatory | VIOLATION OF THE TRUTH IN LENDING ACT, REGULATION Z, AND THE CONSUMER FINANCIAL PROTECTION ACT. | Final | $9.0M |
| 2018-04-26 | regulatory | IN APRIL 2018 WE ENTERED INTO A STIPULATION WITH THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES IN WHICH IT WAS AGREED THAT CITIZENS SECURITIES, INC., (CSI) HAD (A) PROVIDED MATERIALLY INCORRECT AND UNTRUE INFORMATION WITHIN THE MEANING OF SECTION 2110(A)(2) OF THE INSURANCE LAW IN ITS RELICENS… | Final | $10K |
| 2017-05-05 | regulatory | IN MAY 2017 WE ENTERED INTO A VOLUNTARY SETTLEMENT AGREEMENT WITH THE NORTH CAROLINA DEPARTMENT OF INSURANCE FOR FAILURE TO DISCLOSE DISCIPLINARY MATTERS DURING THE RENEWAL APPLICATION PROCESS FOR THE YEARS 2010, 2011, 2012 AND 2013, AS WELL AS NOT DISCLOSING DISCIPLINARY MATTERS WITHIN 30 DAYS OF S… | Final | $2K |
| 2017-03-31 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT DISADVANTAGED CERTAIN RETIREMENT PLAN AND CHARITABLE ORGANIZATION CUSTOMERS THAT WERE ELIGIBLE TO PURCHASE CLASS A SHARES IN CERTAIN MUTUAL FUNDS WITHOUT A FRONT-END SALES CHARGE. THE… | Final | $50K |
| 2017-01-23 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO TIMELY DISCLOSE 45 CUSTOMER COMPLAINTS AND SETTLEMENTS ON ITS ASSOCIATED PERSONS' FORMS U4 AND U5. THE FINDINGS STATED THAT IN ADDITION, 22 INDIVIDUALS ASSOCIATED WITH THE FI… | Final | $300K |
| 2016-12-20 | regulatory | THE DEPARTMENT FOUND THAT CSI HAD BEEN ENGAGING IN THE BUSINESS OF INSURANCE WITHOUT A LICENSE AFTER OCTOBER 1, 2006 OR HAD BEEN TRANSACTING BUSINESS AFTER THE DATE OF THE EXPIRATION OF THEIR AGENCY LICENSE. | Final | $500 |
| 2016-11-25 | regulatory | IN MARCH 2017, WE ENTERED INTO A CONSENT ORDER WITH THE RHODE ISLAND DIVISION OF INSURANCE FOR FAILURE TO DISCLOSE DISCIPLINARY MATTERS OF AFFILIATES DURING THE RENEWAL APPLICATION PROCESS AND WITHIN 30 DAYS OF SUCH MATTERS BEING SETTLED. | Final | $5K |
| 2016-01-07 | regulatory | CITIZENS SECURITIES DID NOT ADEQUATELY DISCLOSE THEIR RELATIONSHIPS WITH CITIZENS BANK OR WITH ENVESTNET, YIELDING INVESTOR CONFUSION. CITIZENS SECURITIES ALSO FAILED TO ADEQUATELY DISCLOSE THE RISKS ASSOCIATED WITH THE PRODUCTS PURCHASED BY A SENIOR INVESTOR, ULTIMATELY LEADING HER TO LIQUIDATE HER… | Final | — |
| 2015-08-12 | regulatory | ON AUGUST 12, 2015, THE U.S. COMPTROLLER OF THE CURRENCY ("OCC") ISSUED A CONSENT ORDER AND A CONSENT ORDER FOR A CIVIL MONEY PENALTY ("OCC ORDERS") AGAINST CITIZENS BANK, NATIONAL ASSOCIATION ("CITIZENS BANK") RELATING TO DEPOSIT RECONCILIATION PRACTICES FROM JANUARY 2008 THROUGH NOVEMBER 2013. THE… | Final | $10.0M |
| 2015-08-12 | regulatory | ON AUGUST 12, 2015, THE U.S. CONSUMER FINANCIAL PROTECTION BUREAU ("CFPB") ISSUED A CONSENT ORDER ("CFPB ORDER") AGAINST CITIZENS FINANCIAL GROUP, INC.; CITIZENS BANK, N.A.; AND/OR CITIZENS BANK OF PENNSYLVANIA (COLLECTIVELY, THE "BANKS") RELATING TO DEPOSIT RECONCILIATION PRACTICES FROM JANUARY 200… | Final | $7.5M |