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Thomas Avitabile

Park Avenue Securities LLC
33 Years of Experience
Flushing, NY
3 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Thomas Avitabile is a registered investment advisor at Park Avenue Securities LLC, based in Flushing, NY, with 33 years of industry experience. Thomas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 7 more. Their firm serves 82,118 clients with $20B in assets under management.

Park Avenue Securities LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1904 advisors
Number of Clients
82,118 clients
Average Client Portfolio
$238K average
Assets Under Management
$19.6B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.05%
$500K - $1000K2.00%
$1.0M - $2.0M1.95%
$2M+1.90%

Schedule reflects the maximum client fee for the Park Avenue Portfolio Select program. Other wrap fee and third-party programs have varying fee schedules with advisor fees ranging from 0.50% to 1.75% plus platform and manager fees.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

136-20 38th Avenue, Unit 8J, Flushing, NY, 11354

Get directions

History

Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
July 2017
Financial
June 2017
Final
Customer Dispute
October 2008
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Thomas is a health insurance agent for UHC Oxford & Anthem BCBS, dedicating a few hours per week. He also owns rental properties, but spends minimal time on them and receives no compensation.

Employment History
Current Registrations
Park Avenue Securities LLC
July 2020 - Present · 6 yrs 3 mos
Park Avenue Securities LLCBroker
July 2020 - Present · 6 yrs 3 mos
Previous Registrations
Hsbc Securities (USA) INC.
March 2015 - June 2020 · 5 yrs 3 mos
Hsbc Securities (USA) INC.Broker
March 2015 - June 2020 · 5 yrs 3 mos
Citigroup Global Markets INC.
December 2013 - March 2015 · 1 yr 3 mos
Citigroup Global Markets INC.Broker
December 2013 - March 2015 · 1 yr 3 mos
Hsbc Securities (USA) INC.Broker
May 2007 - November 2013 · 6 yrs 6 mos
Hsbc Securities (USA) INC.
May 2007 - November 2013 · 6 yrs 6 mos
Banc of America Investment Services, INC.
October 2004 - April 2007 · 2 yrs 6 mos
Banc of America Investment Services, INC.Broker
October 2004 - April 2007 · 2 yrs 6 mos
Quick & Reilly, INC.Broker
March 2004 - October 2004 · 7 mos
Quick & Reilly, INC.
March 2004 - October 2004 · 7 mos
1717 Capital Management CompanyBroker
October 2003 - March 2004 · 5 mos
Chase Investment Services CORP.
November 2002 - September 2003 · 10 mos
Chase Investment Services CORP.Broker
May 2001 - September 2003 · 2 yrs 4 mos
Wm Financial Services, INC.Broker
January 2000 - November 2000 · 10 mos
Raymond James Financial Services, INC.Broker
January 1999 - December 1999 · 11 mos
Fiserv Investor Services, INC.Broker
April 1998 - January 1999 · 9 mos
Corelink Financial, INC.Broker
September 1994 - May 1998 · 3 yrs 8 mos
Wall Street Investor ServicesBroker
September 1993 - September 1994 · 1 yr
Gkn Securities CORP.Broker
May 1992 - June 1992 · 1 mo
Oppenheimer & CO., INC.Broker
April 1983 - November 1983 · 7 mos
Bear, Stearns & CO.Broker
April 1982 - October 1982 · 6 mos
State Registrations11 states
CACTFLGAMDNCNJNYOHPATX
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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