Nicholas Franco
Nicholas Franco is a registered investment advisor at Park Avenue Investment Advisory, LLC, based in Staten Island, NY, with 20 years of industry experience. Nicholas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Insurance Planning, Retirement Planning. Their firm serves 255 clients with $98M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
PAA offers investment management through various programs. Fees are based on the value of your account and may be negotiable. The total client fee consists of an advisor fee, a platform fee, and a strategy fee (if applicable). The platform fee is tiered, decreasing as your assets increase. The maximum annual client fee is 3%.
Location
6939 Amboy Road, Staten Island, NY, 10309
Get directionsHistory
Regulatory History (2)
Financial
March 2020Customer Dispute
July 2003Other Business Activities
Nicholas is involved with BiondCoaching LLC, providing a structural process for balancing behavioral and financial needs of clients, and Nicholas Consulting, LLC, created to facilitate payment for marketing expenses and tax benefits. Both activities require minimal time and are not investment related.
Employment History
Current Registrations
Park Avenue Investment Advisory, LLC
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
Previous Registrations
Foresters Advisory Services, LLC
Foresters Financial Services, INC.Broker
Chelsea Financial ServicesBroker
Vfinance Investments, INCBroker
J.P. Turner & Company, L.L.C.Broker
Grayson Financial LLCBroker
J.P. Turner & Company, L.L.C.Broker
State Registrations21 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.