TrueAdvisor
TrueAdvisor
TG
ChFC
TG
ChFC

Thomas Grant

Park Avenue Securities LLC
50 Years of Experience
Farmington, CT
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Thomas Grant is a ChFC-designated registered investment advisor at Park Avenue Securities LLC, based in Farmington, CT, with 50 years of industry experience. Thomas 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

197 Scott Swamp Rd., Farmington, CT, 06032

Get directions

History

Regulatory History (1)
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
March 1998
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Thomas speaks at seminars for the CT Society of CPAs on various financial topics, including life insurance. He also serves as a co-trustee for multiple trusts and is the treasurer of the Planned Giving Group of Connecticut, and is involved with group insurance through MW Group Benefits.

Employment History
Current Registrations
Park Avenue Securities LLC
May 2005 - Present · 21 yrs 5 mos
Park Avenue Securities LLC
December 2004 - Present · 21 yrs 10 mos
Park Avenue Securities LLCBroker
December 2004 - Present · 21 yrs 10 mos
Previous Registrations
Merrill Lynch Pierce Fenner & Smith INC.
April 2002 - February 2004 · 1 yr 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
July 1979 - February 2004 · 24 yrs 7 mos
Sma Equities, INC.Broker
October 1974 - February 1979 · 4 yrs 4 mos
State Registrations23 states
CACOCTFLIAIDILKSLAMAMEMIMONCNHNJNMNYPARISCTXVA
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.
More Advisors
More financial advisors in Farmington, CT →All financial advisors in Connecticut →