Park Avenue Investment Advisory (PAA) provides investment advice and financial planning services to individuals through its investment advisor representatives (IARs). PAA offers various managed account programs, including wrap fee programs, separately managed accounts, and unified managed accounts. PAA's IARs will help you determine your investment goals and select appropriate programs. Certain IARs are also registered representatives of Park Avenue Securities LLC (PAS) and may offer securities recommendations in a PAS transaction-based account.
Fee Structure
PAA offers investment management through various programs. Fees are based on the value of your account and may be negotiable. The total client fee consists of an advisor fee, a platform fee, and a strategy fee (if applicable). The platform fee is tiered, decreasing as your assets increase. The maximum annual client fee is 3%.