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Michael Lahurd

23 Years of Experience
Birmingham, AL
BrokerSells Insurance

Michael Lahurd is a registered investment advisor at Park Avenue Securities LLC, based in Birmingham, AL, with 23 years of industry experience. Michael 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

3500 Blue Lake Drive, Suite 220, Birmingham, AL, 35243

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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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Other Business ActivitiesSells Insurance

Michael is involved with Vindex Financial Partners, selling insurance outside of Guardian, dedicating a few hours per week. He also authors ebooks for client giveaways, requiring minimal time.

Employment History
Current Registrations
Park Avenue Securities LLC
April 2010 - Present · 16 yrs 1 mo
Park Avenue Securities LLCBroker
March 2010 - Present · 16 yrs 2 mos
Park Avenue Securities LLC
March 2010 - Present · 16 yrs 2 mos
Previous Registrations
MML Investors Services, INC.
July 2009 - February 2010 · 7 mos
MML Investors Services, INC.
April 2007 - July 2007 · 3 mos
MML Investors Services, INC.Broker
April 2007 - February 2010 · 2 yrs 10 mos
Raymond James & Associates, INC.Broker
June 1994 - March 1996 · 1 yr 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
August 1991 - May 1994 · 2 yrs 9 mos
State Registrations10 states
ALFLGAKYMDMSNCOHSCTN
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.
Michael Lahurd - Financial Advisor | TrueAdvisor