Citi Wealth Sees Strong Growth in New Assets (Communities - News & Events)
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Citi Wealth Sees Strong Growth in New Assets | |
Citi executives have praised the wealth division for making “excellent progress” under Andy Sieg, the head of wealth, following a 489% surge in new investment assets in Q4 2024. The division reported $16.5 billion in net new investment assets, contributing to a 24% increase in revenue, reaching $2.1 billion (excluding interest expenses). The net new investment assets metric, introduced in Q4 2024, measures wealth managers’ performance independent of market fluctuations and includes dividends and interest payments, but excludes market gains, fees, and commissions. This measure reflects Citi’s strategy to accelerate growth in Client Investment Assets and related revenue. For more details please visit our website - https://www.fortuneviews.com/citi-wealth-sees-strong-growth-in-new-assets/  | |
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| Target State: California Target City : Carlsbad Last Update : Nov 15, 2025 5:42 AM Number of Views: 14 | Item Owner : fortuneviews Contact Email: (None) Contact Phone: (None) |
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2025-11-15 (0.392 sec)