William Traum
William Traum is a ChFC-designated registered investment advisor at Park Avenue Securities LLC, based in Fort Myers, FL, with 50 years of industry experience. William 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
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.
Location
14021 Metropolis Ave., Fort Myers, FL, 33912
Get directionsHistory
Regulatory History (2)
Customer Dispute
January 2015Customer Dispute
November 1991Employment History
Current Registrations
Park Avenue Securities LLC
Park Avenue Securities LLCBroker
Previous Registrations
Guardian Investor Services CorporationBroker
MML Investors Services, INC.Broker
W.D.R. Equity Resources, INC.Broker
Aljon Securities,inc.Broker
Massachusetts Mutual Life Insurance CompanyBroker
Cigna Securities, INC.Broker
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.