KP
KP

Kenneth Parkinson

34 Years of Experience
New York, NY
Broker

Kenneth Parkinson is a registered investment advisor at New York Life Investment Management LLC, based in New York, NY, with 34 years of industry experience. Kenneth operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,042 clients with $110B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
86 advisors
Number of Clients
1,042 clients
Average Client Portfolio
$108.6M average
Assets Under Management
$113.2B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)

NYLIM does not directly manage investments for individual investors. Instead, NYLIM provides operational, administrative, and trading services for managed accounts offered through wrap fee programs sponsored by other firms. As part of these programs, NYLIM may engage subadvisors to provide investment advice and trade execution. The annual management fee ranges from 0.25% to 0.80% of assets under management, paid by the sponsor or client, and varies depending on the sponsor, investment strategy, account type, services provided, and assets in the program.

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Location

51 Madison Avenue, New York, NY, 10010

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
New York Life Investment Management LLC
April 2004 - Present · 22 yrs 1 mo
Nylife Distributors LLC
April 2004 - Present · 22 yrs 1 mo
Nylife Distributors LLCBroker
April 2004 - Present · 22 yrs 1 mo
Previous Registrations
Nylife Securities LLCBroker
April 2012 - August 2020 · 8 yrs 4 mos
American Skandia Marketing, INC.Broker
August 2003 - April 2004 · 8 mos
Wachovia Securities, LLCBroker
July 2003 - April 2004 · 9 mos
Prudential Equity Group, LLCBroker
November 2000 - March 2004 · 3 yrs 4 mos
Pruco Securities, LLC.Broker
October 2000 - April 2004 · 3 yrs 6 mos
Prudential Investment Management Services LLCBroker
September 1999 - April 2004 · 4 yrs 7 mos
Pruco Securities CorporationBroker
April 1991 - July 1999 · 8 yrs 3 mos
The Prudential Insurance Company of AmericaBroker
April 1991 - December 1993 · 2 yrs 8 mos
State Registrations2 states
NJNY
AdvisorBroker

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.