Michael Mederrick
Michael Mederrick is a registered investment advisor at Park Avenue Securities LLC, based in New York, NY, with 19 years of industry experience. Michael 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
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.
Location
777 Third Ave, Suite 1703, New York, NY, 10017
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Regulatory History (1)
Criminal
August 1990Other Business ActivitiesSells Insurance
Michael is a trustee for two family trusts and has personal investments in multiple limited partnerships. He also sells life and health insurance from non-Guardian insurers and has a non-practicing Juris Doctor degree.
Employment History
Current Registrations
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
State Registrations3 states
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.