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Derrick Freeman

Park Avenue Securities LLC
38 Years of Experience
Ridgeland, MS
4 DisclosuresBrokerSells Insurance
View SEC Summary
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Derrick Freeman is a registered investment advisor at Park Avenue Securities LLC, based in Ridgeland, MS, with 38 years of industry experience. Derrick 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
1914 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

661 Sunnybrook Road, Suite 120, Ridgeland, MS, 39157

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History

Regulatory History (4)
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
February 2008
Settled
Employment Separation After Allegations
February 2008
Customer Dispute
July 2003
Denied
Customer Dispute
September 2000
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Derrick sells insurance products and services other than Guardian, dedicating a few hours per week to this activity. He is also a co-trustee of a family member's Solo 401k plan and has a consulting LLC set up for tax purposes.

Employment History
Current Registrations
Park Avenue Securities LLC
February 2021 - Present · 5 yrs 8 mos
Park Avenue Securities LLC
July 2010 - Present · 16 yrs 3 mos
Park Avenue Securities LLCBroker
July 2010 - Present · 16 yrs 3 mos
Previous Registrations
International Financial Solutions, INC.Broker
June 2010 - June 2010 · 0 mos
Raymond James Financial Services, INC.Broker
March 2008 - June 2010 · 2 yrs 3 mos
Sterne, Agee & Leach, INC.Broker
August 2002 - February 2008 · 5 yrs 6 mos
UBS Painewebber INC.Broker
June 1995 - September 2002 · 7 yrs 3 mos
Morgan Keegan & Company, INC.Broker
November 1987 - July 1995 · 7 yrs 8 mos
State Registrations7 states
FLGALAMNMSNCTX
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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