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Michael Librett

16 Years of Experience
Melville, NY
Broker

Michael Librett is a registered investment advisor at Park Avenue Securities LLC, based in Melville, NY, with 16 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
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

200 Broadhollow Road, Suite 405, Melville, NY, 11747

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Park Avenue Securities LLC
February 2024 - Present · 2 yrs 3 mos
Park Avenue Securities LLCBroker
January 2024 - Present · 2 yrs 4 mos
Previous Registrations
Fnex Capital, LLCBroker
June 2023 - December 2023 · 6 mos
Morgan Stanley
May 2020 - September 2020 · 4 mos
Morgan StanleyBroker
June 2009 - September 2020 · 11 yrs 3 mos
Citigroup Global Markets INC.Broker
May 2008 - June 2009 · 1 yr 1 mo
Wachovia Securities, LLC
March 2008 - April 2008 · 1 mo
Wachovia Securities, LLCBroker
March 2008 - April 2008 · 1 mo
Citigroup Global Markets INC.Broker
March 2007 - April 2008 · 1 yr 1 mo
MML Investors Services, INC.Broker
February 2007 - March 2007 · 1 mo
J.P. Turner & Company, L.L.C.Broker
September 2006 - October 2006 · 1 mo
State Registrations15 states
CACTFLGAIAILMANJNYOHPASCTXWAWI
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.