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Misty Petrosino

Park Avenue Securities LLC
29 Years of Experience
Charlotte, NC
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Misty Petrosino is a registered investment advisor at Park Avenue Securities LLC, based in Charlotte, NC, with 29 years of industry experience. Misty 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

6115 Park South Drive, Suite 200, Charlotte, NC, 28210

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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
August 2003
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Misty sells fixed insurance products from carriers other than Guardian when Guardian's products are not suitable for the client, dedicating a few hours per week. She also works with Target Market Institute, LLC, spending about a quarter of her time on this non-investment related activity.

Employment History
Current Registrations
Park Avenue Securities LLC
October 2017 - Present · 9 yrs
Park Avenue Securities LLCBroker
July 2017 - Present · 9 yrs 3 mos
Previous Registrations
MML Investors Services, LLCBroker
March 2017 - June 2017 · 3 mos
New England SecuritiesBroker
July 2014 - January 2015 · 6 mos
Msi Financial Services, INC.Broker
November 2004 - March 2017 · 12 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
November 2004 - July 2007 · 2 yrs 8 mos
Mony Securities CorporationBroker
August 2002 - October 2004 · 2 yrs 2 mos
Nylife Securities INC.Broker
October 1996 - August 2002 · 5 yrs 10 mos
State Registrations4 states
GANCSCTN
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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Misty Petrosino - Financial Advisor | TrueAdvisor