As of December 31, 2016, CBIS had 58 FTE employees. This number includes 4 FTE positions that were vacant in our US and Global operations.
CBIS is incorporated in the State of Illinois. Its principal office is in New York City, with additional offices in Chicago and San Francisco. We are a for-profit firm and an SEC-registered investment adviser.
We have a wholly-owned subsidiary, CBIS Financial Services, Inc., which is a broker-dealer that primarily acts in that capacity in connection with the offer and sale of interests in our pooled funds (CUIT). CBIS Financial Services is a member of FINRA.
We have a wholly-owned subsidiary, CBIS Global srl, which is headquartered in Rome, Italy. CBIS Global srl provides services to the investors in CBIS Global Funds plc, an investment company incorporated with limited liability in Ireland and established as an umbrella fund with segregated liability between Funds pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities Regulations).