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Michael Effron

Park Avenue Securities LLC
26 Years of Experience
Boca Raton, FL
5 DisclosuresBroker
View SEC Summary
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Michael Effron is a registered investment advisor at Park Avenue Securities LLC, based in Boca Raton, FL, with 26 years of industry experience. Michael 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

Boca Raton, FL

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History

Regulatory History (5)
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.
Financial
January 2026
Final
Judgment / Lien
August 2024
Judgment / Lien
June 2024
Judgment / Lien
October 2023
Judgment / Lien
May 2023
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Park Avenue Securities LLC
August 2026 - Present · 2 mos
Park Avenue Securities LLC
August 2026 - Present · 2 mos
Park Avenue Securities LLCBroker
August 2026 - Present · 2 mos
Previous Registrations
Cambridge Investment Research Advisors, INC.
February 2026 - July 2026 · 5 mos
Cambridge Investment Research, INC.Broker
November 2024 - July 2026 · 1 yr 8 mos
Primerica Advisors
May 2021 - August 2022 · 1 yr 3 mos
PFS Investments INC.Broker
May 2021 - August 2022 · 1 yr 3 mos
Invesco Advisers, INC.
September 2011 - May 2019 · 7 yrs 8 mos
Invesco Distributors, INC.Broker
June 2010 - May 2019 · 8 yrs 11 mos
Van Kampen Funds INC.Broker
June 2005 - June 2010 · 5 yrs
Scudder Distributors, INC.Broker
May 2003 - June 2005 · 2 yrs 1 mo
Transamerica Capital, INC.Broker
December 2000 - May 2003 · 2 yrs 5 mos
Intersecurities, INC.Broker
November 1997 - December 2000 · 3 yrs 1 mo
New England Funds, L.P.Broker
October 1995 - October 1997 · 2 yrs
State Registrations1 state
FL
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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