PARK AVENUE SECURITIES LLC
Firm details
- Headquarters
- New York, New York
- CRD number
- 46173
- Registered since
- November 13, 2000
- Website
- www.parkavenuesecurities.com
- 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
FINTRXOverview
Park Avenue Securities LLC is an LLC registered with the SEC in 2000 that operates primarily as an insurance-focused broker-dealer while also providing advisory services. The firm serves both individual and family clients as well as institutional accounts. Its advisory menu includes financial planning, portfolio management for individuals and small businesses, selection of third‑party advisers, and educational seminars or workshops. Compensation models include asset-based fees, hourly billing, and flat fees. The firm is identified as a capital allocator and maintains affiliations spanning broker‑dealer, investment adviser, and insurance company activities. ESG engagement is not listed as an active focus.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities75%
- Public Funds/Mutual Funds17%
- State & Local Bonds3%
- Cash & Cash Equivalents3%
- US Government Bonds1%
Owners & executives
3 of 57VERNON PURCELL
Chief Executive OfficerCRD 4207157
MICHELE LEE FINE
Founder & CEOCRD 4777273
Michael DeLuccia
Chief Administrative OfficerCRD 4422127
Contacts
3 of 2529STANLEY HELM
Registered RepresentativeCRD 2263370
ERIC HARVEY
Managing Director, Financial RepresentativeCRD 6579728
Matthew Nonnenmacher
Registered RepresentativeCRD 7958363
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 743Active vs passive
$11.7B in ETFs
68%
$7.9B
24%
$3.8B
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $768M | 1,175,199 | 6.53% |
Location
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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