EV
ChFC
EV
ChFC

Eduardo Vela

20 Years of Experience
Farmington, CT
7 DisclosuresBroker

Eduardo Vela is a ChFC-designated registered investment advisor at Park Avenue Securities LLC, based in Farmington, CT, with 20 years of industry experience. Eduardo 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

197 Scott Swamp Rd., Farmington, CT, 06032

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History

Regulatory History (7)
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
June 2018
Final
Financial
November 2017
Final
Financial
September 2017
Final
Financial
July 2017
Final
Financial
June 2017
Final
Financial
May 2017
Final
Customer Dispute
December 2008
Denied
Employment History
Current Registrations
Park Avenue Securities LLCBroker
July 2023 - Present · 3 yrs 2 mos
Park Avenue Securities LLC
July 2023 - Present · 3 yrs 2 mos
Previous Registrations
Northwestern Mutual Investment Services, LLCBroker
September 2014 - July 2023 · 8 yrs 10 mos
Northwestern Mutual Investment Services,llc
September 2014 - June 2022 · 7 yrs 9 mos
MML Investors Services, LLCBroker
November 2013 - August 2014 · 9 mos
State Farm Vp Management CORP.Broker
February 2013 - November 2013 · 9 mos
Ameritas Investment CORP
May 2012 - December 2012 · 7 mos
Ameritas Investment CORP.Broker
April 2012 - December 2012 · 8 mos
Pruco Securities, LLC.Broker
April 2010 - April 2012 · 2 yrs
Prudential Financial Planning Services
April 2010 - April 2012 · 2 yrs
Metlife Securities INC.
August 2008 - March 2010 · 1 yr 7 mos
Metlife Securities INC.Broker
August 2008 - March 2010 · 1 yr 7 mos
Prudential Financial Planning Services
February 2008 - July 2008 · 5 mos
Prudential Financial Planning Services
September 2006 - January 2008 · 1 yr 4 mos
Pruco Securities, LLC.Broker
October 2005 - July 2008 · 2 yrs 9 mos
State Registrations6 states
CTFLMANJTXWA
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.