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Robert Sweeney

Park Avenue Securities LLC
44 Years of Experience
Addison, TX
6 DisclosuresBrokerSells Insurance
View SEC Summary
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Robert Sweeney is a registered investment advisor at Park Avenue Securities LLC, based in Addison, TX, with 44 years of industry experience. Robert 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.

Park Avenue Securities LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1914 advisors
Number of Clients
82,118 clients
Average Client Portfolio
$238K average
Assets Under Management
$19.6B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.05%
$500K - $1000K2.00%
$1.0M - $2.0M1.95%
$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
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

15303 North Dallas Parkway Tower Ii, Suite 550, Addison, TX, 75001

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History

Regulatory History (6)
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.
Judgment / Lien
September 2013
Judgment / Lien
December 2012
Judgment / Lien
May 2011
Judgment / Lien
July 2007
Judgment / Lien
October 2003
Judgment / Lien
July 2003
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Robert is contracted with outside insurance providers to provide resources unavailable to clients through Guardian, dedicating a few hours per week to this activity. He is also the President of Roehampton Court Homeowners Association, spending minimal time per month on this role.

Employment History
Current Registrations
Park Avenue Securities LLC
July 2016 - Present · 10 yrs 3 mos
Park Avenue Securities LLCBroker
June 2016 - Present · 10 yrs 4 mos
Previous Registrations
Hornor, Townsend & Kent, INC.Broker
August 2014 - November 2015 · 1 yr 3 mos
Allstate Financial Services, LLCBroker
February 2007 - August 2014 · 7 yrs 6 mos
Hornor, Townsend & Kent, INC.
March 2005 - January 2007 · 1 yr 10 mos
Hornor, Townsend & Kent, INC.Broker
March 2005 - January 2007 · 1 yr 10 mos
Spectrum Strategies, L.L.C.
August 2003 - April 2005 · 1 yr 8 mos
MML Investors Services, INC.
August 2003 - March 2005 · 1 yr 7 mos
MML Investors Services, INC.Broker
August 2003 - March 2005 · 1 yr 7 mos
American Express Financial Advisors, INC.
September 1997 - August 2003 · 5 yrs 11 mos
American Express Financial Advisors INC.Broker
September 1997 - August 2003 · 5 yrs 11 mos
Ids Life Insurance CompanyBroker
September 1997 - August 2003 · 5 yrs 11 mos
A. G. Edwards & Sons, INC.Broker
July 1990 - October 1996 · 6 yrs 3 mos
Smith Barney, Harris Upham & CO., IncorporatedBroker
November 1989 - June 1990 · 7 mos
Oppenheimer & CO., INC.Broker
June 1987 - December 1989 · 2 yrs 6 mos
Shearson Lehman Brothers INC.Broker
March 1986 - June 1987 · 1 yr 3 mos
E. F. Hutton & Company INCBroker
November 1985 - February 1986 · 3 mos
Texvest Securities CorporationBroker
February 1985 - November 1985 · 9 mos
Oppenheimer & CO., INC.Broker
April 1981 - March 1984 · 2 yrs 11 mos
E. F. Hutton & Company INCBroker
May 1979 - May 1981 · 2 yrs
State Registrations3 states
CAIATX
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.
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