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Monte Sperling

Park Avenue Securities LLC
33 Years of Experience
Melville, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
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Monte Sperling is a registered investment advisor at Park Avenue Securities LLC, based in Melville, NY, with 33 years of industry experience. Monte 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

225 Broadhollow Road, Suite 105, Melville, NY, 11747

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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
November 2019
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Monte occasionally sells term life insurance outside of Guardian since 1985, dedicating minimal time to this activity. He also operates MONTNOR ASSOCIATES LLC for accounting purposes since 2020, also dedicating minimal time.

Employment History
Current Registrations
Park Avenue Securities LLC
April 2021 - Present · 5 yrs 6 mos
Park Avenue Securities LLC
March 2006 - Present · 20 yrs 7 mos
Park Avenue Securities LLCBroker
March 2006 - Present · 20 yrs 7 mos
Previous Registrations
Metlife Securities INC.Broker
April 1993 - March 2006 · 12 yrs 11 mos
Metropolitan Life Insurance CompanyBroker
April 1993 - March 2006 · 12 yrs 11 mos
State Registrations5 states
CTFLNJNYPA
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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