Park Avenue Securities LLC
A subsidiary of Guardian Life Insurance Co.
7 Hanover Square
New York, NY 10004
Year founded: 1999
Year end: Dec. 31
No. of retail offices: 711
All 2013-2011 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
|No. of reps||4,185||4,186||2,290|
|No. of producing reps||2,191||2,242||2,273|
|No. of reps producing $100K-$499K /year||367||365||264|
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|Total revenues: Other||$4,760,315||$4,476,727||$4,434,000|
|Total account assets||$20,717,552,408||$17,434,595,197||$14,846,000,000|
|Total account assets: Other||$15,047,367,741||$12,869,176,982||$10,872,200,000|
|Average assets per rep||$4,950,431||$4,164,977||$6,482,969|
|Excess net capital||$3,293,171||$6,686,186||$6,057,000|
|Total operating expenses||$45,699,760||$43,435,082||$142,683,487|
|Number of active client accounts||430,991||—||351,000|
|Allows advisers to use social media||—|
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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