Smith Barney Fund Management LLC (New York)

Smith Barney Fund Management LLC is a large advisory firm based in New York. It manages $75 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001.

Smith Barney Fund Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Smith Barney Fund Management: assets under management

The assets under management (AUM) of Smith Barney Fund Management LLC is $75 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.5 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Smith Barney Fund Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Smith Barney Fund Management LLC

Arthur George Saks has been acting as President since 1 Mar 1991. Virgil H. Cumming has served as the Chief Investment Officer since 1 Sep 1997. Charles James Daley joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christina Theodozia Sydor	General counsel and secretary	1 Dec 1986	Other	1601187
Lewis Eugene Daidone	Director and senior vice president	1 Jan 1990	Other	1245233
Arthur George Saks	Director	1 Mar 1991	Other	409167
Michael Joseph Day	Treasurer	1 Jun 1992	Other	2344142
Heath Brian Mclendon	Chairman, president and chief executive officer	1 Apr 1994	Other	329444
Virgil H. Cumming	Chief investment officer	1 Sep 1997	Other	4332892
Virgil Howard Cumming	Chief investment officer	1 Sep 1997	Other	4332892
Salomon Smith Barney Holdings Inc.	Sole member of applicant	1 Nov 1997	75% - 100%	22-1660266
Citigroup Global Markets Holdings Inc. (F/K/A Salomon Smith Barney Holdings Inc.	Sole member of applicant	1 Nov 1997	75% - 100%	22-1660266
Citigroup Global Markets Holdings Inc.	Sole member of applicant	1 Nov 1997	75% - 100%	22-1660266
Jeffrey Hiller	Chief compliance officer	1 Mar 2000	Other	2612970
Robert P Wallace	Director	1 Nov 2001	Other	4518922
Robert Peter Wallace	Director	1 Nov 2001	Other	4518922
Robert Jay Gerken	Chairman, president and chief executive officer	1 Sep 2002	Other	1340228
William Alfred Arnold	Chief financial officer	1 Mar 2003	Other	3114495
Andrew Thomas Beagley	Chief compliance officer	1 Mar 2003	Other	4606683
Robert Blair Shepler	Director	1 Feb 2004	Other	4032042
Thomas Christopher Mandia	General counsel and secretary	1 Feb 2004	Other	4757118
Harry David Cohen	Chief investment officer	1 Feb 2004	Other	49893
Terrence Murphy	Chief financial officer	1 Jul 2005	Other	5007121
Jeanne Marie Kelly	Director	1 Dec 2005	Other	5069959
Inc. Legg Mason	Sole member of applicant	1 Dec 2005	75% - 100%	20-3171699
Barbara Brooke Manning	Chief compliance officer	1 Feb 2006	Other	3198494
Robert Blair Shepler	Senior vice president	1 Mar 2006	Other	4032042
Peter Lanning Bain	Director	1 Mar 2006	Other	4221890
Mark Raymond Fetting	Director	1 Mar 2006	Other	733409
Timothy Charles Scheve	Director	1 Mar 2006	Other	1319072
Charles James Daley	Director	1 Aug 2007	Other	1808224

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Citigroup Inc.	Sole shareholder of salomon smith barney holdings inc.	1 Aug 1993	75% - 100%	52-1568099

Based in New York

The principal office where Smith Barney Fund Management LLC performs its advisory services is located at 620 Eighth Avenue, New York, NY 10018, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-805-2000 or by fax 877-638-5508. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.