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David Monk

Park Avenue Securities LLC
33 Years of Experience
Wausau, WI
1 DisclosureBrokerSells Insurance
View SEC Summary
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David Monk is a registered investment advisor at Park Avenue Securities LLC, based in Wausau, WI, with 33 years of industry experience. David 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

2600 Stewart Ave, Suite 270, Wausau, WI, 54401

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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
February 2006
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

David officiates youth sports, places insurance and fixed annuity contracts, is a notary public, and has a small ownership stake in a ginseng farm. He also serves as power of attorney for his wife and is a board member of the Wausau Community Foundation.

Employment History
Current Registrations
Park Avenue Securities LLCBroker
October 2018 - Present · 8 yrs
Park Avenue Securities LLC
October 2018 - Present · 8 yrs
Previous Registrations
MML Investors Services, LLCBroker
March 2017 - November 2018 · 1 yr 8 mos
MML Investors Services, LLC
March 2017 - November 2018 · 1 yr 8 mos
Msi Financial Services, INC.
July 2009 - March 2017 · 7 yrs 8 mos
Msi Financial Services, INC.Broker
July 2009 - March 2017 · 7 yrs 8 mos
Northwestern Mutual Investment Services,llc
September 2002 - July 2009 · 6 yrs 10 mos
Northwestern Mutual Investment Services, LLCBroker
September 2002 - July 2009 · 6 yrs 10 mos
Wachovia Securities, INC.
July 2000 - September 2002 · 2 yrs 2 mos
Wachovia Securities, INC.Broker
January 1993 - September 2002 · 9 yrs 8 mos
State Registrations23 states
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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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