Park Avenue Securities LLC

Park Avenue Securities LLC

A subsidiary of Guardian Life Insurance Co.

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7 Hanover Square

New York, NY 10004

(888) 600-4667

parkavenuesecurities.com

Year founded: 1999

Year end: Dec. 31

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

Top ExecutiveJohn Palazzetti
Recruiting ContactFrank Galdieri
(212) 919-7063
E-mail

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SEC bars ex-LPL rep over variable annuity sales

July 9, 2018 - The Securities and Exchange Commission has barred a former LPL rep, Roger Zullo, based on a charge he sold unsuitable and "disproportionately large" variable annuities to his clients. Mr. Zullo, a resident of Massachusetts, was discharged by LPL Financial...

Finra fines Park Avenue Securities $300,000 over variable annuity sales

April 11, 2018 - The Financial Industry Regulatory Authority Inc. has censured Park Avenue Securities and fined the firm $300,000 for problems in its supervision of variable annuity sales. In a letter of acceptance, waiver and consent, Finra said that from Jan. 1, 2013...

Wells Fargo adviser jumps to Kingsview

December 5, 2017 - Peter Hiltz, who managed $160 million in assets at Wells Fargo Advisors in Cincinnati, has joined Kingsview Asset Management and will open the firm's first office there. Kingsview is a registered investment adviser headquartered in Grants Pass, Ore.,...

Building your brand

March 9, 2016 - How does Park Avenue Securities stand out from the crowds? Learn how the company's approach, and its work with Pershing, is keeping it a step ahead.

Empowering evolution

March 3, 2016 - Park Avenue Securities has evolved dramatically over the past 20 years. Find out how these changes are helping advisers and their clients.

Finra sanctions a dozen IBDs $6.7 million for breakpoint snafus

October 20, 2015 - Finra continued to whack independent broker-dealers for failing to give clients discounts for large purchases of complex investment products, announcing Tuesday that it had ordered a dozen firms to pay restitution and fines totaling $6.7 million. The...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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