Park Avenue Securities LLC

Broker-DealerFINRA MemberEst. 2000
Total AUM
$19.6B
Discretionary
$17.6B
90% of AUM
Accounts
82,118
Employees
2,073
Advisory reps
2,577
Brokerage reps
1,892

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

FINTRX

Overview

Park Avenue Securities LLC is an insurance-focused broker-dealer organized as an LLC and registered with the SEC since 2000. The firm serves both individual and family clients as well as institutional accounts and functions as a capital allocator, combining brokerage activities with advisory services. Its advisory offerings include financial planning, portfolio management for individuals and small businesses, the selection of outside advisers, and client education through seminars and workshops. Fee arrangements reported include percentage-of-AUM, hourly charges, and fixed fees. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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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

3 of 60
  • Michael Harris

    Michael Harris

    Chief Operating OfficerCRD 5766263

  • Dustin Dawes

    Dustin Dawes

    Chief Executive OfficerCRD 5799288

  • Anju Sharma

    Anju Sharma

    Chief Operating OfficerCRD 5234176

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Contacts

3 of 2517
  • William Inman

    William Inman

    Financial Advisor and Investment SpecialistCRD 5644507

  • Geoffrey Hoff

    Geoffrey Hoff

    Financial AdvisorCRD 5645418

  • Brian Cunniff

    Brian Cunniff

    Financial Advisor and Registered RepresentativeCRD 5648497

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 886

Active vs passive

$14.4B in ETFs

Passive

65%

$9.3B

Active

23%

$5.1B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$1.4B1,853,7659.62%
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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