EH
EH

Ernest Hammersley

28 Years of Experience
New York, NY
2 DisclosuresBrokerSells Insurance

Ernest Hammersley is a registered investment advisor at Park Avenue Securities LLC, based in New York, NY, with 28 years of industry experience. Ernest operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Financial Planning & Coaching, Retirement Planning. Their firm serves 71,074 clients with $15B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1877 advisors
Number of Clients
71,074 clients
Average Client Portfolio
$211K average
Assets Under Management
$15.0B

Fee Structure

Park Avenue Securities (PAS) offers investment management through various programs. Some programs charge an all-inclusive bundled fee based on the value of your investments. This fee covers investment advice, trading, and other administrative costs. Fees vary depending on the specific program you choose. PAS also offers a digital advisory program called VestWise with a lower fee structure. PAS representatives are compensated for servicing your accounts, and this compensation may be more than if you paid separately for investment advice and brokerage services.

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Location

10 Hudson Yards, New York, NY, 10001

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History

Regulatory History (2)
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
December 2008
Denied
Criminal
May 1986
Final Disposition
Other Business ActivitiesSells Insurance

Ernest sells life, disability income (DI), long-term care (LTC), and fixed annuity products outside of Guardian, dedicating minimal time to this activity. He also participates in a BBQ cook-off team, spending about 10-20% of his time on it.

Employment History
Current Registrations
Park Avenue Securities LLC
May 2005 - Present · 21 yrs
Park Avenue Securities LLC
April 2005 - Present · 21 yrs 1 mo
Park Avenue Securities LLCBroker
April 2005 - Present · 21 yrs 1 mo
Previous Registrations
Prudential Financial Planning Services
February 2005 - February 2005 · 0 mos
Pruco Securities, LLC.Broker
July 2004 - February 2005 · 7 mos
Mony Securities CorporationBroker
April 2002 - July 2004 · 2 yrs 3 mos
Nylife Securities INC.Broker
August 2001 - May 2002 · 9 mos
Mutual of Omaha Investor Services, INC.Broker
October 1997 - August 2001 · 3 yrs 10 mos
State Registrations3 states
IDLATX
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.