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Jonathan Berube

Park Avenue Securities LLC
36 Years of Experience
Buffalo, NY
4 DisclosuresBroker
View SEC Summary
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Jonathan Berube is a registered investment advisor at Park Avenue Securities LLC, based in Buffalo, NY, with 36 years of industry experience. Jonathan 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

600 Delaware Avenue, Buffalo, NY, 14202

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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.
Employment Separation After Allegations
November 2019
Criminal
February 2019
Final Disposition
Customer Dispute
June 2004
Settled
Customer Dispute
November 1997
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Jonathan is the manager of Derbyshire LLC to ensure orderly succession, dedicating minimal time. He also serves on the City Centre Condominium Board of Directors, spending minimal time, some of which occurs during securities trading hours.

Employment History
Current Registrations
Park Avenue Securities LLC
January 2020 - Present · 6 yrs 9 mos
Park Avenue Securities LLCBroker
January 2020 - Present · 6 yrs 9 mos
Park Avenue Securities LLC
January 2020 - Present · 6 yrs 9 mos
Previous Registrations
UBS Financial Services INC.
August 2011 - December 2019 · 8 yrs 4 mos
UBS Financial Services INC.Broker
May 2001 - December 2019 · 18 yrs 7 mos
H&r Block Financial Advisors, INC.Broker
January 1991 - May 2001 · 10 yrs 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 1990 - January 1991 · 1 yr
State Registrations17 states
CACOCTDCFLGAMAMDMENCNJNYRITNTXVAWI
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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