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Michael Ferrone

Park Avenue Securities LLC
37 Years of Experience
Paramus, NJ
3 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Ferrone is a registered investment advisor at Park Avenue Securities LLC, based in Paramus, NJ, with 37 years of industry experience. Michael 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

52 Forest Ave, Paramus, NJ, 07652

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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.
Regulatory
November 2025
Final
Customer Dispute
August 2022
Closed-No Action
Regulatory
April 2021
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is licensed to sell insurance products other than Guardian since 2014. This activity takes a few hours per week.

Employment History
Current Registrations
Park Avenue Securities LLC
January 2003 - Present · 23 yrs 9 mos
Park Avenue Securities LLC
May 1999 - Present · 27 yrs 5 mos
Park Avenue Securities LLCBroker
May 1999 - Present · 27 yrs 5 mos
Previous Registrations
Guardian Investor Services CorporationBroker
February 1995 - May 1999 · 4 yrs 3 mos
Cadaret, Grant & CO., INC.Broker
January 1995 - December 1996 · 1 yr 11 mos
Guardian Investor Services CorporationBroker
October 1990 - January 1995 · 4 yrs 3 mos
W.D.R. Equity Resources, INC.Broker
March 1989 - October 1990 · 1 yr 7 mos
State Registrations15 states
AZCADCDEFLILINMAMENCNJNVNYPATX
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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