# First Citizens Investor Services, Inc.

> First Citizens Investor Services, Inc. is an SEC-registered investment advisory firm in Raleigh, NC, registered since 2000, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 17, 2026.

- CRD: 44430
- Filed as: FIRST CITIZENS INVESTOR SERVICES, INC.
- Also doing business as: FIRST CITIZENS WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Raleigh, NC
- Filing period: October 2026
- Form ADV filing dated: September 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/44430
- AdvisorCensus page: https://advisorcensus.com/firm/first-citizens-investor-services-inc-raleigh-nc-44430

## Quick answers

**How is First Citizens Investor Services, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), First Citizens Investor Services, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is First Citizens Investor Services, Inc. located?**
First Citizens Investor Services, Inc.'s principal office is in Raleigh, NC, according to its Form ADV; the October 2026 filing also lists 24 other offices (Schedule D, Section 1.F).

**Is First Citizens Investor Services, Inc. registered with the SEC or a state?**
First Citizens Investor Services, Inc. is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 44430.

**How much does First Citizens Investor Services, Inc. manage?**
First Citizens Investor Services, Inc. reports $2,626,080,185 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (0% discretionary).

**How have First Citizens Investor Services, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for First Citizens Investor Services, Inc.: Regulatory assets under management: $1,203,107,657 in the October 2021 data and $2,626,080,185 in the October 2026 data, up 118%. Total employees: 208 in October 2021 and 352 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does First Citizens Investor Services, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (6,918); high net worth individuals (645); corporations or other businesses not listed above (82).

**Which custodians does First Citizens Investor Services, Inc. use?**
First Citizens Investor Services, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.

**Does First Citizens Investor Services, Inc. report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/44430

**What changed in First Citizens Investor Services, Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Pershing LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,626,080,185
- Discretionary: $3,153,383
- Non-discretionary: $2,622,926,802

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 6,918 | $1,587,360,047 |
| High net worth individuals | 645 | $1,018,275,164 |
| Corporations or other businesses not listed above | 82 | $20,444,974 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2000 (26 years)
- Employees: 352 total, 164 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/44430

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Arden, NC
- Atlanta, GA
- Boston, MA
- Charlotte, NC
- Cottonwood Heights, UT
- Durham, NC
- Fayetteville, NC
- Ft Lauderdale, FL
- Greensboro, NC
- Greenville, NC
- Greenville, SC
- Hendersonville, NC
- Jacksonville, NC
- Menlo Park, CA
- Morganton, NC
- New York, NY
- Pasadena, CA
- Phoenix, AZ
- Raleigh, NC
- Richmond, VA
- San Diego, CA
- San Franscisco, CA
- Wilmington, NC
- Winston-Salem, NC

### Websites listed on Form ADV (Item 1.I)
- firstcitizens.com/wealth
- LinkedIn @First Citizens Investor Services, Inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,203,107,657 | 208 | April 23, 2021 |
| October 2022 | $1,624,620,820 | 201 | April 5, 2022 |
| October 2023 | $1,526,535,778 | 250 | August 10, 2023 |
| October 2024 | $1,729,333,096 | 235 | May 15, 2024 |
| October 2025 | $2,098,769,026 | 322 | March 29, 2025 |
| October 2026 | $2,626,080,185 | 352 | September 17, 2026 |

Regulatory assets under management: $1,203,107,657 in the October 2021 data and $2,626,080,185 in the October 2026 data, up 118%.
Total employees: 208 in October 2021 and 352 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Added the business name First Citizens Wealth.
- Employees performing advisory functions went from 148 to 164.
- Regulatory assets under management went from $2,098,769,026 to $2,626,080,185 (+25%).
- Changed its office addresses in Wilmington, NC.
- Added an office in Cottonwood Heights, UT.
- Added an office in Menlo Park, CA.
- Added an office in Morganton, NC.
- Added an office in San Franscisco, CA.
- Added an office in Winston-Salem, NC.
- No longer lists an office in Beverly Hills, CA.
- No longer lists an office in Charlotte, NC.
- No longer lists an office in Columbia, SC.
- No longer lists an office in Mission Viego, CA.
- No longer lists an office in Waynesville, NC.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. First Citizens Investor Services, Inc. (CRD 44430): Form ADV filing data as of October 2026.