SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Park Avenue Securities LLC
New York, NY
CRD 46173
Firm filing updated September 8, 2026 ·
- $19.6BAssets
- 82,118Clients
- 2,054Advisory staff
- 82,118Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals63,006
- High net worth individuals17,261
- Pension and profit sharing plans1,139
- Corporations or other businesses397
- Charities235
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 63,006 | $9.1 billion |
| High net worth individuals | 17,261 | $9.4 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1,139 | $344.3 million |
| Charitable organizations | 235 | $92.5 million |
| Corporations or other businesses not listed above | 397 | $486.4 million |
| Other: "CAPTIVE INSURANCE" | 80 | $143.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
See all 4 services
- Educational seminars/workshops
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$19.6 billion
- Accounts82,118
- Discretionary$17.6 billion · 78,667 accounts
- Non-discretionary$1.9 billion · 3,451 accounts
People
- Employees2,073
- Advisory staff2,054
- Broker-dealer reps1,892
- Licensed insurance agents1,787
- Planning clients2,000
Advisors
1,115 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 46173, SEC file 801-58108.
- Registered with the SEC as an investment advisor (status date on record: November 13, 2000).
Is Park Avenue Securities LLC a fiduciary?
Short answer: Park Avenue Securities LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 1,892 staff are broker-dealer representatives, the firm is itself a broker-dealer and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
1,787 staff are licensed insurance agents and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.