RP
ChFC
RP
ChFC

Richard Pasick

39 Years of Experience
Wall, NJ
1 DisclosureBrokerSells Insurance

Richard Pasick is a ChFC-designated registered investment advisor at Park Avenue Securities LLC, based in Wall, NJ, with 39 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, Retirement Planning. Their firm serves 71,074 clients with $15B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1877 advisors
Number of Clients
71,074 clients
Average Client Portfolio
$211K average
Assets Under Management
$15.0B

Fee Structure

Park Avenue Securities (PAS) offers investment management through various programs. Some programs charge an all-inclusive bundled fee based on the value of your investments. This fee covers investment advice, trading, and other administrative costs. Fees vary depending on the specific program you choose. PAS also offers a digital advisory program called VestWise with a lower fee structure. PAS representatives are compensated for servicing your accounts, and this compensation may be more than if you paid separately for investment advice and brokerage services.

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Location

2111 Rt 34 South, Suite 100, Wall, NJ, 07719

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History

Regulatory History (1)
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.
Customer Dispute
November 2008
Denied
Other Business ActivitiesSells Insurance

Richard sells insurance and annuity products from companies other than Guardian when their products are not suitable, dedicating a few hours per week. He also invests in raw land and rental real estate, spends minimal time on this, conducts social security workshops, and coaches other agents.

Employment History
Current Registrations
Park Avenue Securities LLC
November 2007 - Present · 18 yrs 8 mos
Park Avenue Securities LLCBroker
May 1999 - Present · 27 yrs 2 mos
Previous Registrations
Guardian Investor Services CorporationBroker
February 1992 - May 1999 · 7 yrs 3 mos
MML Investors Services, INC.Broker
March 1987 - January 1992 · 4 yrs 10 mos
American Eagle Securities, INC.Broker
August 1986 - March 1987 · 7 mos
State Registrations11 states
FLMAMDMONJNYOHPASCTXVA
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.