600 600 600 600 600 600 600 600 The Company assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future, except as required by law. Send an Email. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. 1015 666 666 722 722 666 610 777 /FontBBox [ 0 -220 1113 1005 ] /Subtype /Type0 execution and delivery by Mexico of the Authorization setting forth the specific terms of the . We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Find and update your U.S. News Advisor Profile, Best Parent Student Loans: Parent PLUS and Private, Investment Adviser Public Disclosure database, Merrill Lynch, Pierce, Fenner & Smith Inc. 500 500 500 333 259 333 583 0 /DescendantFonts [12 0 R] 277 277 354 556 556 889 666 190 1 BNY Mellon is the parent company of Pershing. 277 333 556 556 556 556 259 556 /FontName /DDACTR+Wingdings Park Avenue Securities consented toa censure for this, in addition to paying restitution in the amount of $640,552. 556 556 556 556 556 556 889 556 Client Types. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. /StemV 0 /FirstChar 32 /BaseFont /CourierNew /Subtype /TrueType /FontBBox [ -122 -680 623 1021 ] Learn more about how to better serve divorced clients and their financial needs. stream 556 556 556 556 556 556 556 548 333 333 365 556 833 833 833 610 There are no guarantees that working with an adviser will yield positive returns. Home page | Park Avenue Securities 23 0 obj Fees & Compensation. Anytime, anywhere - that is the power of mobility. >> 556 222 222 500 222 833 556 556 Ready to Talk to Someone? % 11 0 obj 600 600 600 600 600 0 600 600 >> All Rights Reserved. 722 722 777 777 777 777 777 583 In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. /FirstChar 32 /CapHeight 500 For more information on how investor.com rates and reviews firms, please see the Trust Algorithm page. /FontBBox [ 0 -220 1113 1005 ] This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. While this can be seen as "eating your own cooking," there are conflicts that may arise. 333 556 556 500 556 556 277 556 22 0 obj Following the land sale, Canterbury will continue the redevelopment of the horse stabling area, which serves its racing business, with new barns and a new dormitory complex. Issue since last update. If there are no advisors then the widget is hidden. What does this mean and why is it important? Upgrade to latest Xcode 14, and an update to the minimum supported iOS version from 12 to 14. 15 0 obj endobj The interactive version of this map is only available on Desktop devices. PDF Park Avenue Securities Llc /ItalicAngle 0 Park Avenue Securities LLC (PAS) is a wholly-owned subsidiary of The Guardian Life Insurance Company of America, which has a rich heritage . 7 0 obj << /FontBBox [ 0 -211 1359 899 ] /CIDSystemInfo << The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. 610 610 610 610 610 610 610 548 /FontBBox [ -665 -325 2000 1040 ] %PDF-1.3 How does your firm mitigate them? 0t;S;nyh=Xr'8^M%Ul):%Kgh!f;@ $dBAdc?f 9:H7/R|xX^^9h=QVY8N3!riGaxA?S5 U9B|C8|n$olq;I 3TDyZ<4fBK95$ I would like to receive free Advisor Practice Management Guides, the U.S. News Advisor Weekly newsletter, and occasional updates regarding the U.S. News Advisor Directory. Park Avenue Securities and its IARs dont put many restrictions, if at all, on the types of securities it considers. Financial advisors help you achieve your life goals, such as saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). /Flags 32 Individual variable annuities are issued by GIAC, a Delaware corporation, and distributed by Park Avenue Securities LLC (PAS). endobj The stock market had a mixed showing this week. /ItalicAngle 0 What does this mean? 20 0 obj Does your firm, or anyone associated with the firm, practice as a law firm? << << Andrew Harman | Strategies for Wealth >> 18 0 obj Unable to login on app. /FontName /DDACTR+Symbol /Count 14 The major indices all registered gains compared to last week's closing levels, but concerns about inflation and Fed policy kept a limit on index performance. /Subtype /CIDFontType2 All rights reserved. Despite its name, Park Avenue Securities is located at 10 Hudson Yardsin New York City. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). On the other hand, a wrap fee program combines all of these fees into a single charged rate. What does this mean and why is it important? endobj 10 0 obj Park Avenue Securities is a registered broker-dealer, investment adviser and a direct, wholly-owned subsidiary of Guardian Life. 333 333 389 583 277 333 277 277 What conflicts arise from this relationship? What does this mean? 556 556 556 556 277 277 277 277 efoP"=W{b(''B6!0`^!l;6*B.ZeG.Xmy8EtG`V 5G()}&&r 556 556 333 500 277 556 500 722 /StemV 0 277 333 474 556 556 889 722 237 /CapHeight 500 Live OAK Investment Partners, Marquette Associates, Uplifting Capital, Morrison Fiduciary Advisors, Curtis Financial Planning, Was this page helpful? 610 556 556 556 556 500 556 500 What does this mean? /FirstChar 32 Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. Yes or /Widths [ What does this mean? /FontBBox [ -517 -325 1359 998 ] 556 556 556 556 556 556 556 548 Also, scroll over any city to learn about the cost of living in retirement for that location. G(POQepOB/$HiHHPAy].Z4!& QFE]kOjd%0IgpisqHz!u5dm6O!_{W!" [m)Z?Dk$rs\Cfeb| 89Fprd)gSbyX6kK"G! This message is for debugging purposes. Credentials work on website. April 26, 2023. What does this mean? /FirstChar 32 According to the firm's Form ADV, advisory fees are "comparable to compensation charged by other full-service firms for the same services.". Questions to ask /Ordering (G7}/) 610 556 556 556 556 500 556 500 /Type /FontDescriptor ] Are you an advisor? 556 556 556 556 277 277 277 277 endobj March Market Commentary - Monthly Market Review, Experienced Financial Professional Careers, Sign in to the Park Avenue Securities Client Portal, Check the background of Park Avenue Securities and your financial professional on FINRAs BrokerCheck. /Flags 38 Step forward With - Park Avenue Securities >> /BaseFont /Arial endobj 777 722 722 722 722 666 666 610 Park Avenue Securities Provides A Window to Your Financial World You need one place to access your accounts. 722 277 500 666 556 833 722 777 What does this mean and why is it important? /W [ 333 1000 500 333 943 0 500 666 Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, investing, retirement planning, and more. >> 0 222 222 333 333 350 556 1000 The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations. According toits SEC-filed Form ADV, Park Avenue Securities has26disclosures on its record. /Ascent 898 << /Filter /FlateDecode /Length 3547 /Length1 5648 >> For more information, see the developers privacy policy. These forward-looking statements are subject to risks and uncertainties which could affect the Companys actual results and cause actual results to differ materially from those indicated in the forward-looking statements. 14 0 obj What does this mean? 666 666 666 666 666 666 1000 722 >> endobj Please contact a financial representative for guidance and information specific to your individual situation. 17 0 obj ] /Supplement 0 13 0 obj Park Avenue Securities is a wholly owned subsidiary of The Guardian Life Insurance Company of America and is located at 10 Hudson Yards, New York, NY 10001. 556 0 222 556 333 1000 556 556 The Company describes these risks and uncertainties in its Annual Report on Form 10-K filed with the Securities and Exchange Commission (the Commission) and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. << This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. Caution Regarding Forward-Looking StatementsThis press release contains forward-looking statements concerning possible or anticipated future financial performance, operations, business activities or plans. Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? PDF Park Avenue Securities, Inc./Pa /StemV 0 600 600 600 600 600 600 600 600 Inflation and Fed policy concerns offset bank stock strength. 399 548 333 333 333 576 537 333 /FontDescriptor 13 0 R /Type /Outlines The following data may be collected and linked to your identity: Privacy practices may vary, for example, based on the features you use or your age. compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). endstream Questions to ask /Ascent 905 >> DALBAR Financial Intermediary Award winner for the 5th consecutive year. >> PAS is a wholly-owned subsidiary of Guardian. <> /Type /Font While each of these companies provides the platform behind your financial professionalto help execute on your strategy, you benefit from the independence and entrepreneurialism we afford your financial professional at Park AvenueSecurities. % /Encoding /WinAnsiEncoding /Descent -219 /Encoding /WinAnsiEncoding Please see our Disclaimers for more information. 777 722 722 722 722 666 666 610 ] 333 333 365 556 833 833 833 610 666 666 666 666 277 277 277 277 Questions to ask 600 600 600 600 600 600 600 600 It is our organization's mission to provide unbiased and objective information. /Kids [21 0 R 27 0 R 32 0 R 37 0 R 40 0 R 43 0 R 46 0 R 49 0 R 52 0 R 55 0 R 58 0 R 61 0 R 64 0 R 67 0 R ] As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. Available client info by % of assets under management are as follows:Client types are by firm and represent a percentage of assets under management. This is not an offer to buy or sell any security or interest. What does this mean? 0xwdckCwzT . 600 600 600 600 600 600 600 600 /Type /FontDescriptor /ToUnicode 17 0 R endobj What does this mean? 0 222 222 333 333 350 556 1000 those events to regulators. 399 548 333 333 333 576 537 333 /CapHeight 500 556 556 333 500 277 556 500 722 777 722 722 722 722 666 666 610 /Subtype /TrueType @^6""5Lw6]iJuVSgq:tC2]b}^%: Kwil7oH]*>]d5 c(R3^N1ZytpN^kts$;5 U*4`H2&u34 H1Cm"T What does this mean and why is it important? 21 0 obj 666 666 666 666 666 666 1000 722 /Supplement 0 1015 666 666 722 722 666 610 777 Terrible. 556 556 556 556 277 277 277 277 11 0 obj /FontName /Arial /FontBBox [ -665 -325 2000 1040 ] The land sold is situated adjacent to County Road 83 and Unbridled Avenue in the northeast corner of Canterburys campus. /StemV 0 [/PDF /Text /ImageC] >> stream To learn more about different types of pricing models, see our article on how much a financial advisor costs. endobj SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. 666 666 610 277 277 277 469 556 666 777 722 666 610 722 666 943 What does this mean? << While Park Avenue Securities advises clients across a variety of portfolio sizes, the average client balance is currently $172,819. ] /DescendantFonts [16 0 R] [/PDF /Text /ImageC] Each month, investor.com serves as a trusted resource to help thousands of Americans research and compare financial advisors. Please contact your financial institution for details.- Investment products are not bank deposits, are not FDIC insured or insured by any federal government agency and may decrease in value. Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their clients. 556 556 556 556 556 556 556 556 About Canterbury ParkCanterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. Check the background of Park Avenue Securities and your financial professional on FINRAs BrokerCheck, 2017 Park Avenue Securities LLC. View our featured weekly market perspectives. /Registry (~X) /Flags 96 Since our founding in 1860, our long-term view has helped our customers prepare for whatever life brings whether starting a family, planning for the future or taking care of employees. 600 600 600 600 600 600 600 600 << 333 333 389 583 277 333 277 277 Park Avenue Securities is a registered broker-dealer, investment adviser and a direct, wholly-owned subsidiary of Guardian Life. At Park Avenue Securities, fees vary depending on the advisor you work with. 14 0 obj Unlike HTTPS connections, HTTP connections are not encrypted. Park Avenue Securities, registered in 2000, serves 53 state (s) with a licensed staff of 1,696 advisors. 333 333 389 583 277 333 277 277 /Name /F5 1 0 obj << The stock market mostly declined on the week. << /ToUnicode 13 0 R p' yV > Prior to her new role, she was Head of Practice Development in Agency Distribution where she provided Guardian's Financial Representatives (FR) and their practices with critical strategies and development opportunities to grow their businesses. 333 333 389 583 277 333 277 277 /Descent 211 Caswell joined Guardian Life and Park Avenue Securities in 2013 as Head of Strategic Initiatives in Individual Markets Administration & Wealth Management. 333 1000 666 333 1000 0 610 0 /Type /FontDescriptor regulatory actions against them, customer complaints or instances of arbitration or termination of employment. Canterbury Park Holding Corporation Completes Sale of Land to Swervo When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds and the sale of proprietary investment products. This translates to a commitment of conservative, long-term thinking rather than short-term profits. endobj 777 722 722 722 722 666 666 610 %PDF-1.3 Construction of 19,000-Capacity Amphitheater Expected to Begin in Spring 2023. << This could be detrimental to a client during down markets. How do these benefits affect the firms selection of a broker-dealer partner? This website is intended for general public use. /LastChar 255 John Suckey of Park Avenue Securities - Law Offices of Robert Wayne Pearce Member FINRA, SIPC. ] For example, front-running is when a financial professional buys or sell securities ahead of their client. 333 1000 666 333 1000 0 610 0 722 722 722 722 722 722 1000 722 556 556 333 500 277 556 500 722 Caswell is dedicated to raising awareness for childhood cancer research and has previously served on the board for the Association for Research of Childhood Cancer in Buffalo. Additionally, at Park Avenue Securities our financial professionalsworkwith Pershing1, a leading provider of global financial business solutions for over 75 years, which provides a critical foundation. stream 600 600 600 600 600 600 600 600 Anytime, anywhere that is the power of mobility. Terms of Use | Disclaimers | Privacy Policy. ']:ks8l&e l|I\a*W1abf mm M^l^ hl}Ur 556 556 277 277 583 583 583 556 556 556 333 333 583 583 583 610 The firm offers both standard advisory fee schedules and wrap fee programs. SHAKOPEE, Minn., May 01, 2023 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation, (Canterbury or the Company) (NASDAQ: CPHC), today announced that that it has completed the sale of 37 acres of land to Bloomington Investments, LLC, an entity related to Swervo Development (Swervo), for total consideration of $8.8 million. endobj Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. /BaseFont /Arial,Italic zJF :_=;hTL@$o>Qa)clBO]3&V4Px~9 (O^2=7}mMn;+-e9hRT`H-z1gH)bHr[pP.bX]JNj 5oDH\5-C`IYb~.[qKg~qIn(dkF6Vnx}oNP|#6k6H/6og-}nAH\I31{OkCo#>s4.BjT!bezeR>R>N7-xFGVT?-+->D22Y6=v)y_p_ 0_/,HyVOdZ+]U"PXdQ' :o|U 722 722 777 777 777 777 777 583 /Flags 35 13 0 obj /Ascent 1005 0 [600 ] /FirstChar 32 277 277 354 556 556 889 666 190 {5,67df~pO-SLV=.X][z,%O2LP* 8qD*N>QVA4xezD?QgP! (~Xa}R0_dZLJO qj_8M=yL~G#Vg|B`^:#d}nc2rg3BGK >> 333 333 365 556 833 833 833 610 Park Avenue Securities can trace its roots back to 1990, though it wasn't until 2000 that the firm registered with the U.S. Securities and Exchange Commission (SEC) as a federal investment advisor. << /Length 345 >> 666 777 722 666 610 722 666 943 The firm has $10.6 billion under management and employs 1,697 across 52 states.The firm caters to 54,606 clients of varying types, but focuses mostly on individuals. 333 556 556 500 556 556 277 556 Located in New York City, thisfee-based firm provides a number of investment advisory programs that these clients can take advantage of. Canterbury Park announced plans for Canterbury Commons in 2018, laying out its vision for the creation of a multi-use redevelopment of underutilized property in Shakopee, Minnesota that complements the Companys existing operations and creates an entertainment district where people will live, work, play and stay. A 28,000 square foot premium office building was completed by Greystone Construction in 2021, and a new brewery and restaurant are scheduled to open in early Summer 2023. The existence of such filings may not result in censure or penalty for an advisor and customer complaints against /FirstChar 32 View Filing. They include, but are not limited to: the termination of purse enhancement payments and marketing payments as a result of the expiration of the Cooperative Marketing Agreement with the Shakopee Mdewakanton Sioux Community; the effect that the COVID-19 coronavirus pandemic and resulting precautionary measures may have on the Company as an entertainment venue or on the economy generally; material fluctuations in attendance at the Racetrack; material changes in the level of wagering by patrons; any decline in interest in the unbanked card games offered in the Card Casino; competition from other venues offering unbanked card games or other forms of wagering; competition from other sports and entertainment options; increases in compensation and employee benefit costs; increases in the percentage of revenues allocated for purse fund payments; higher than expected expense related to new marketing initiatives; the impact of wagering products and technologies introduced by competitors; the general health of the gaming sector; legislative and regulatory decisions and changes; the Companys ability to successfully develop its real estate, including the effect of competition on the Companys real estate development operations and its reliance on its current and future development partners; temporary disruptions or changes in access to the Companys facilities caused by ongoing infrastructure improvements; and other factors that are beyond the Companys ability to control or predict. Each securities rating should be evaluated independent of each other securities rating. cyY"CGq Ucml[};YCC.Cw6^kfG6y'B565[W\z&)x @%WHg?~h8N*"4!+q:(2v&*mrRNc,G[ d+R(ZAVw|"Sh18Eth :]?3[P" &it'V6Cn/(m6 UQ|kC+EZ,E}iUjt]?_*92ZP[WEAk,9gV*Fy\$=q:]if% 1,ZLhgH],;VWDUG3&7RyW.+Ad;={xo{E3*{5c0nf 333 736 370 556 583 0 736 552 A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. With your iPhone or iPad, you can access- Account balances and holdings- Transaction history- Order Status- Market information and quotes- Your securities watchlist- Equity order entry (if enabled by your financial institution)From your iPad, you can also access account documents such as statements, trade confirmation and tax documents.Please note:- Account access, trade execution and system response may be affected by a variety of factors, including trading volumes, market conditions, phone and computer networks.- Fees, markups or commissions may be charge on trades. /Type /FontDescriptor /W [ endobj These may include guidance around retirement planning, such as individual retirement accounts (IRAs), as well as education funding through 529 plans and other investments. 556 556 277 277 583 583 583 556 /Name /F3 333 1000 556 333 943 0 500 666 >> /Type /Font #q_i'PMNE}E)1\sN/Gg{]wDdpL}HH#" W? Park Avenue Securities Mobile provides you with an essential solution for managing your investments. To obtain a prospectus, please contact your financial professional. Feb 16, 2021, 12:25 ET. 556 556 500 389 279 389 583 0 Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. Amendment No. 6 to Form 18-k /Ordering (vTWu) Firm or related person receives soft-dollar benefits in connection with client securities transactions. endobj These statements are typically preceded by the words believes, expects, anticipates, intends or similar expressions. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. 600 600 600 600 600 600 600 0 A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. In this role, she is responsible for the day-to-day operation of all facets of the business, including sales, service, underwriting, technology, and finance. /LastChar 255 New York, NY 10020 . 600 600 600 600 600 600 600 600 /Subtype /Type0 What does this mean and why is it important? 4 0 obj PAS NetXi on the App Store Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. Read through our introductory course to financial advisors. /Widths [ A standard fee schedule is one that's typically tiered by asset level, and requires clients to pay advisory fees, custodial fees, transactional fees and more in exchange for services and investment trades. 556 556 277 277 583 583 583 556 12 0 obj << Questions to ask For more information, pleasevisitguardianlife.comorfollow us onFacebook,LinkedIn,TwitterandYouTube. /Encoding /WinAnsiEncoding 333 556 556 500 556 556 277 556 /BaseFont /Arial,Bold Park Avenue Securities, registered in 2000, serves 53 state(s) with a licensed staff of 1,718 advisors. 556 556 556 556 556 556 889 500 556 556 556 556 556 556 889 500 Contact the advisor for individual fee structure details. PDF United States of America Securities and Exchange Commission Investment Park Avenue Securities may also (optionally) enable you to use PAS Investor Mobile to view real-time quotes and place trades for equities while on the go. The investor.com website utilizes verified data from reputable sources, which includes the Securities and Exchange Commission (SEC); however, it can vary from time to time. 975 722 722 722 722 666 610 777 To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. /Count 63 19 0 obj 556 0 222 556 333 1000 556 556 << 556 556 556 556 556 556 556 556 333 556 556 500 556 556 277 556 What does this mean and why is it important? 10 0 obj 666 777 722 666 610 722 666 943 "Marianne has over 20 years of experience in building and leading advisory and broker dealer operations," said Lesina. The SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. /Type /FontDescriptor 1015 666 666 722 722 666 610 777 The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. 975 722 722 722 722 666 610 777 In its Form ADV filed March 28, 2018, Respondent reported regulatory assets under management of approximately $3.4 billion. /LastChar 255 610 277 277 556 277 889 610 610 << >> This data is then run through our proprietary Trust Algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. 722 722 722 722 722 722 1000 722 610 610 610 610 610 556 610 556 >> 556 556 556 556 277 277 277 277 600 600 600 600 600 600 600 600 666 666 666 666 277 277 277 277 >> /ItalicAngle 0 Is your firm affiliated with a law firm in any capacity? What does this mean? Park Avenue Securities Review 2023 | investor.com endobj While this allows for a broader range of investment options and management styles to be offered by a firm, it can create an incentive for the firm to put their financial interests ahead of your own. 556 556 277 277 583 583 583 556 2022-135173 20240331. 666 777 722 666 610 722 666 943 556 556 556 556 277 277 277 277 /Type /FontDescriptor << This differs from a typical financial advisory firm that has its own set of on-staff advisors. /Type /Font >> /Widths [ A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. /FontName /DDACTR+Symbol Firm or a related person trades securities for themselves that they also recommend to their clients. /Type /Font 277 277 354 556 556 889 666 190 Questions to ask She is licensed to sell life and health products, and holds Series 7, 66, and 24 licenses. Marianne Caswell Named President of Park Avenue Securities /Type /Font Securities products/services and advisory services offered through Park Avenue Securities LLC, a registered broker-dealer and registered investment adviser.