Park Avenue Securities LLC, operating under the marketing name Park Avenue Wealth Management, is a registered investment advisor and broker-dealer that provides a wide range of financial services to individuals, families, and businesses. The firm offers both discretionary and non-discretionary investment advisory programs, including proprietary wrap fee programs, digital advisory services, and access to third-party investment managers. Clients can also work with investment advisor representatives for personalized financial planning, subscription-based financial planning, retirement plan consulting, business exit planning, and corporate education services. Park Avenue specializes in comprehensive wealth management, retirement planning, and investment strategies tailored to the individual goals, risk tolerance, and financial circumstances of each client.
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.