Broker-dealer firm · Raleigh, NC
First Citizens Investor Services, Inc.
SEC-registered investment adviser · CRD 44430 · SEC 801-57302
At a glance
First Citizens Investor Services, Inc. is an SEC-registered investment adviser based in Raleigh, North Carolina, with $2.6 billion in regulatory assets under management as of its Form ADV filed September 17, 2026. Its largest client group by assets is individuals, and it reports 7,563 individual clients. By Form ADV it is a broker-dealer firm, ranked 117th of 391 broker-dealer firms and 3,080th of 17,210 SEC-registered advisers by assets.
Main office 800-229-0205firstcitizens.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.6B
- Rank among broker-dealer firms
- #117 of 391
- Rank among all SEC RIAs
- #3,080 of 17,210
- Rank in North Carolina
- #36 of 288
- Individual clients
- 7,563
- High-net-worth clients
- 645
- Accounts
- 7,645
- Discretionary
- 0% of AUM
- Employees
- 352
- Advisory staff
- 164
- Offices
- 112
Owners and executives on its Form ADV
- David Lee BiliterPresident
- Charles Falconer III McCallumSenior Director Wealth Risk & Governance
- Michael Lee LongestSenior Director Wealth Finance & Technology
- Michael Christopher WilsonWealth Management Executive
- Serina M. ShoresSenior Director Fcis Compliance
- Johanna Marie MearsChief Compliance Officer
- Amy Calvo FolkSecretary
- Marc Kevin HorganExecutive Director of Wealth Sales
Custody and brokerage
Broker-dealer
Hybrid RIA
First Citizens Investor Services, Inc. is a hybrid RIA: 351 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: First Citizens Capital Securities, LLC and First Citizens Investor Services, Inc..
- First Citizens Capital Securities, LLC ↗CRD 41504
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, February 2026
- First Citizens Investor Services, Inc. ↗CRD 44430
Its Form ADV brochure (filed September 2026) names First Citizens Investor Services as the broker-dealer its advisers are registered with.
e rules and regulations of FINRA, FCIS as an affiliated broker -dealer has the First Citizens Investor Services Firm Brochure Page 21 of 29 obligation to perform certain supervisory functions regarding certain aspects of the advisory activ
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 6,918 | $1.6B | 60% |
| High-net-worth individuals | 645 | $1.0B | 39% |
| Corporations or other businesses | 82 | $20M | <1% |
Disciplinary disclosures
First Citizens Investor Services, Inc. answers yes to 6 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗firstcitizens.com ↗
AtlasMembers
The full record on First Citizens Investor Services, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 92 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 7Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does First Citizens Investor Services, Inc. manage?
First Citizens Investor Services, Inc. reports $2.6 billion in regulatory assets under management across 7,645 accounts, 0% of it on a discretionary basis, on its Form ADV filed September 17, 2026.
What kind of firm is First Citizens Investor Services, Inc.?
First Citizens Investor Services, Inc. is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are First Citizens Investor Services, Inc.’s clients?
By assets, its largest client types are individuals ($1.6 billion, 6,918 clients); high-net-worth individuals ($1.0 billion, 645 clients); corporations or other businesses ($20 million, 82 clients).
Does First Citizens Investor Services, Inc. have any disciplinary history?
First Citizens Investor Services, Inc. answers yes to 6 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is First Citizens Investor Services, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-17), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →