PARK STATE ASSET MANAGEMENT LLC

RIASEC RegisteredEst. 2025

Total AUM

$192M

Discretionary

$191M

99% of AUM

Avg account

$1.4M

Accounts

133

Employees

Advisory reps

Firm details

Headquarters: BEVERLY, Massachusetts
CRD number: 336573
Registered since: June 3, 2025
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC., RAYMOND JAMES & ASSOCIATES, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI75.42%
Pension & Profit Sharing Plans13.09%
Corporations / Businesses4.72%
Individuals4.35%
Charitable Organizations2.42%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Park State Asset Management LLC is an independent, SEC-registered registered investment adviser organized as an LLC and owned by an individual. The firm serves both individual/family and institutional clients and positions itself as a capital allocator and manager-of-managers: in addition to portfolio management and financial planning, it provides selection of other advisers. Advisory services listed on filings include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, and manager selection. Fee arrangements are flexible and include percentage-of-AUM, fixed fees, and performance-based fees. The firm does not identify itself as an active ESG investor.