Marc Shapiro
Marc Shapiro is a registered investment advisor at Park Avenue Securities LLC, based in New York, NY, with 14 years of industry experience. Marc 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.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.05% |
| $500K - $1000K | 2.00% |
| $1.0M - $2.0M | 1.95% |
| $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
Location
437 Madison Avenue, 29th Floor, New York, NY, 10022
Get directionsHistory
Regulatory History (2)
Financial
November 2020Financial
October 2018Other Business ActivitiesSells Insurance
Marc assists clients in obtaining life and disability insurance outside of Berkshire or Guardian, spending a few hours per week on this activity. He also represents clients in residential real estate transactions through his law office, spending about 10-20% of his time on this.
Employment History
Current Registrations
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
State Registrations9 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.
Exams
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