Park Avenue Securities LLC

Broker-DealerFINRA Member
Total AUM
$19.6B
Discretionary
$17.6B
90% of AUM
Accounts
82,118
Employees
2,073
Advisory reps
2,582
Brokerage reps
1,892

Firm details

Headquarters
New York, New York
CRD number
46173
Registered since
November 13, 2000
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI48.02%
  • Individuals46.54%
  • Corporations / Businesses2.48%
  • Pension & Profit Sharing Plans1.76%
  • Other0.73%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Park Avenue Securities LLC is an insurance broker-dealer organized as an LLC that also acts as a capital allocator for both individual/family and institutional clients. The firm is registered with the SEC (registered in 2000) and combines broker-dealer distribution with advisory services including financial planning, portfolio management for individuals and small businesses, selection of other advisers, and client education through seminars and workshops. Its fee arrangements include percentage-of-AUM fees as well as hourly and fixed-fee engagements. The firm is not identified as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 75%, Public Funds/Mutual Funds 17%, State & Local Bonds 3%, Cash & Cash Equivalents 3%, US Government Bonds 1%, Investment Grade Corp Bonds 1%75%
  • Exchange Traded Equities75%
  • Public Funds/Mutual Funds17%
  • State & Local Bonds3%
  • Cash & Cash Equivalents3%
  • US Government Bonds1%

Owners & executives

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Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

ETF holdings

1 of 881

Active vs passive

$14.6B in ETFs

Passive

63%

$9.2B

Active

24%

$5.4B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$1.4B1,864,2989.79%

Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
10 Hudson Yards
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth