How does the advisor help clients – Key Takeaways:
Madison Avenue Securities, LLC (Madison Avenue Securities) is a financial services firm that provides expert advice to clients seeking to achieve their financial goals. As a registered broker-dealer with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA), Madison Avenue Securities operates under a fiduciary duty to act in the best interest of its clients.
With a team of experienced financial advisors, Madison Avenue Securities offers a range of services to help clients navigate the complex world of investing and wealth management. From creating personalized financial plans to managing investment portfolios, the advisors at Madison Avenue Securities are dedicated to providing expert guidance and support to help clients achieve their financial goals.
Facts and Insights
Madison Avenue Securities was founded in 1972 and has been providing financial services to clients for nearly 50 years. The firm is currently headquartered in San Diego, California and has over 7,500 clients nationwide. As a broker-dealer, Madison Avenue Securities offers a wide range of investment products, including stocks, bonds, mutual funds, annuities, and alternative investments.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $7.5 billion (as of December 31, 2020) | Over 200 (as of December 31, 2020) | Nearly 50 years |
Financial Services Offered
Madison Avenue Securities offers a wide range of financial services to help clients achieve their financial goals. These services include:
- Personalized financial planning
- Investment management
- Estate planning
- Retirement planning
- Tax planning
- Insurance solutions
Client Types
Madison Avenue Securities serves a diverse range of clients, including high net worth individuals, families, small businesses, and corporations. The firm’s financial advisors have the expertise to assist clients from all walks of life, regardless of their financial goals or level of wealth.
Fees & Compensation
Madison Avenue Securities charges fees based on a percentage of assets under management or on a fee-only basis, depending on the services provided. The firm’s advisors are compensated through the fees they charge to their clients, and they may also receive commissions for products and services they recommend. Any potential conflicts of interest are fully disclosed to clients.
Background
Madison Avenue Securities is a subsidiary of Madison Avenue Holdings, Inc., a privately held financial services company. The firm is led by a team of skilled and experienced executives, including its CEO, Patrick T. Kim, and President, Lance Shen.
Financial Advisor Disclosures to Know
As a registered broker-dealer and member of FINRA, Madison Avenue Securities is required to disclose certain information to its clients, including potential conflicts of interest and any disciplinary actions taken against the firm or its advisors. Clients can access this information on the FINRA BrokerCheck website or by requesting a copy from their financial advisor.