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CFP
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CFP

William Sjem

Park Avenue Securities LLC
12 Years of Experience
Kingsport, TN
2 DisclosuresBroker
View SEC Summary
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William Sjem is a CFP-designated registered investment advisor at Park Avenue Securities LLC, based in Kingsport, TN, with 12 years of industry experience. William 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
1904 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

Kingsport, TN

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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.
Regulatory
August 2026
Final
Criminal
November 2013
Final Disposition
View Full SEC ReportHow to Read Disclosures
Employment History
Current Registrations
Park Avenue Securities LLC
April 2026 - Present · 6 mos
Park Avenue Securities LLCBroker
February 2026 - Present · 8 mos
Park Avenue Securities LLC
February 2026 - Present · 8 mos
Previous Registrations
Cavalier Advisory & Insurance
January 2022 - December 2025 · 3 yrs 11 mos
Nylife Securities LLCBroker
January 2014 - April 2014 · 3 mos
Primevest Financial Services, INC.
March 2009 - June 2009 · 3 mos
Bancnorth Investment Group, INC.Broker
July 2008 - June 2009 · 11 mos
Chase Investment Services CORP.Broker
August 2007 - October 2007 · 2 mos
Metlife Securities INC.Broker
October 2005 - July 2007 · 1 yr 9 mos
Metropolitan Life Insurance CompanyBroker
October 2005 - July 2007 · 1 yr 9 mos
Banc of America Specialist, INC.Broker
March 2005 - August 2005 · 5 mos
Labranche & CO. LLCBroker
February 2001 - March 2005 · 4 yrs 1 mo
Scavone, Mckenna, Cloud & Col, LLCBroker
October 2000 - February 2001 · 4 mos
State Registrations8 states
AZCACOMTNCNYOHTN
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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