DA
David R. Alter
PARK AVENUE SECURITIES LLC
South Nyack, NY
Some features on this profile are disabled
CRD#: 1061312
DA
Professional summary
David R Alter, who also goes by David Reid Alter, is a registered financial advisor currently at PARK AVENUE SECURITIES LLC located in South Nyack, New York.
David is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1982. David has worked at 4 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
David Reid Alter
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1. Business manager/advisor-Completing a graphic novel which we expect to convert into a major motion picture., Start: 02/23/2013, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 0 total hours per month, Not investment related, Less than 10% annual compensation, 2. Insurance Broker-Non-Guardian insurance brokerage, Start: 01/01/1983, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 1 total hours per month; 1 during securities trading hours, Investment related, Less than 10% annual compensation, 3. Trustee-Cali 2012 Family Trusts, Start: 10/01/2012, Address: 11 Commerce Drive, Cranford, NJ, 3 total hours per month; 3 during securities trading hours, Investment related, Less than 10% annual compensation, 4. Planning Alliance Consulting, LLC-Fee based consulting for business and estates, Start: 09/15/2016, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 15 total hours per month; 15 during securities trading hours, Not investment related, Less than 10% annual compensation, 5. UCEF Insurance Agency, LLC-This will be an independent broker jointly owned between IPA and UCEF (a NY 501(c)(3) organization. It will be used to market insurance products to members of the community the charity serves., Start: 11/01/2017, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 10 total hours per month; 10 during securities trading hours, Investment related, Less than 10% annual compensation, 6. Trustee of the LEC 2017 Trust-Co-Trustee, Start: 10/09/2017, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 3 total hours per month; 3 during securities trading hours, Investment related, Less than 10% annual compensation, 7. Trustee of the Brant B. Cali 2010 Irrevocable Insurance Trust-This was the successor trust to a trust established, Start: 12/15/2010, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 0 total hours per month, Investment related , Less than 10% annual compensation, 8. Trustee of the James G. Nugent Irrevocable Trust Agreement dated September 27, 1999-Trusteeship at the request of the insured client, Start: 09/27/1999, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 0 total hours per month, Investment related , Less than 10% annual compensation, 9) Guardianship-Legal guardian for family member , Start: 06/17/2011, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 5 total hours per month, 5 during securities trading hours, Investment related, No annual compensation, 10) Trustee of the Jack Alter Disclaimer Trust dated May 8, 2008 aka Joan Alter Disclaimer Trust, Start: 05/08/2008, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 1 total hours per month 1 during securities trading hours, Investment related, No annual compensation, 11) Durable Power of Attorney for Joan Alter dated February 24, 2012, Start: 02/24/2012, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 5 total hours per month; 5 during securities trading hours, Investment related, No annual compensation, 12) Power of Attorney-aunt, Start: 01/01/2023, Address: 50 Tice Boulevard, Suite 280, Woodcliff Lake, NJ 07677, 2 total hours per month; 1 during securities trading hours, Investment related, No annual compensation,
CRS (Client Relationship Summary) - RIA
Click below to view David R Alter's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view David R Alter's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
November 29, 2011 - Present
PARK AVENUE SECURITIES LLC
Office #2: 50 Tice Blvd Suite 280, Woodcliff Lake, NJ 07677RIA
BD
CRD#: 46173
South Nyack, NY
Current
May 3, 1999 - Present
PARK AVENUE SECURITIES LLC
Office #1: 50 Tice Blvd Suite 280, Woodcliff Lake, NJ 07677RIA
BD
CRD#: 46173
Woodcliff Lake, NJ
Past
July 16, 2003 - December 31, 2011
INTERNATIONAL PLANNING ALLIANCE, LLC
RIA
CRD#: 120701
FAIRFIELD, NJ
Past
January 17, 1992 - May 3, 1999
GUARDIAN INVESTOR SERVICES LLC
BD
CRD#: 6635
NEW YORK, NY
Past
October 20, 1982 - January 3, 1992
GREEN HILL FINANCIAL SERVICE CORPORATION
BD
CRD#: 4882
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
PA
PARK AVENUE SECURITIES LLC
PARK AVENUE SECURITIES LLC
CRD#: 46173 / SEC#: 801-58108, 8-51324
RIA
Registered Investment Advisory firm - SEC (11/13/2000 Approved)District of Columbia
Registered Investment Advisory firm - SEC (1/2/2002 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Alabama(6/28/2012)
IAR
Alabama(3/6/2023)
RR
Alaska(3/16/2004)
IAR
Alaska(3/24/2023)
RR
Arizona(5/3/1999)
IAR
Arizona(3/21/2023)
RR
Arkansas(7/25/2019)
IAR
Arkansas(3/22/2023)
RR
California(5/3/1999)
IAR
California(7/19/2022)
RR
Colorado(1/8/2002)
IAR
Colorado(3/6/2023)
RR
Connecticut(5/3/1999)
IAR
Connecticut(10/19/2022)
RR
Delaware(1/8/2002)
IAR
Delaware(3/8/2023)
RR
District of Columbia(8/8/2006)
IAR
District of Columbia(8/10/2023)
RR
Florida(5/3/1999)
IAR
Florida(11/3/2022)
RR
Georgia(1/8/2002)
IAR
Georgia(3/3/2023)
RR
Hawaii(1/8/2002)
IAR
Hawaii(3/14/2023)
RR
Idaho(1/13/2009)
IAR
Idaho(3/6/2023)
RR
Illinois(5/3/1999)
IAR
Illinois(3/13/2023)
RR
Indiana(2/3/2004)
IAR
Indiana(3/6/2023)
RR
Iowa(1/8/2002)
IAR
Iowa(3/8/2023)
RR
Kansas(1/8/2002)
IAR
Kansas(3/3/2023)
RR
Kentucky(3/16/2004)
IAR
Kentucky(3/6/2023)
RR
Louisiana(1/13/2009)
IAR
Louisiana(3/6/2023)
RR
Maine(1/8/2002)
IAR
Maine(10/4/2022)
RR
Maryland(5/3/1999)
IAR
Maryland(3/3/2023)
RR
Massachusetts(1/8/2002)
IAR
Massachusetts(3/27/2023)
RR
Michigan(1/8/2002)
IAR
Michigan(3/7/2023)
RR
Minnesota(1/8/2002)
IAR
Minnesota(3/7/2023)
RR
Mississippi(1/8/2002)
IAR
Mississippi(3/7/2023)
RR
Missouri(2/4/2002)
IAR
Missouri(2/21/2023)
RR
Montana(4/25/2005)
IAR
Montana(3/7/2023)
RR
Nebraska(3/22/2023)
IAR
Nebraska(3/22/2023)
RR
Nevada(1/8/2002)
IAR
Nevada(11/21/2022)
RR
New Hampshire(1/8/2002)
IAR
New Hampshire(3/8/2023)
RR
New Jersey(5/3/1999)
IAR
New Jersey(11/29/2011)
RR
New Mexico(3/3/2023)
IAR
New Mexico(3/6/2023)
RR
New York(5/3/1999)
IAR
New York(4/16/2021)
RR
North Carolina(1/9/2002)
IAR
North Carolina(2/21/2023)
RR
North Dakota(3/3/2023)
IAR
North Dakota(3/6/2023)
RR
Ohio(2/5/2002)
IAR
Ohio(2/3/2023)
RR
Oklahoma(1/5/2023)
IAR
Oklahoma(3/14/2023)
RR
Oregon(2/4/2002)
IAR
Oregon(3/8/2023)
RR
Pennsylvania(5/3/1999)
IAR
Pennsylvania(3/6/2023)
RR
Puerto Rico(9/10/2024)
RR
Rhode Island(2/3/2010)
IAR
Rhode Island(3/6/2023)
RR
South Carolina(1/8/2002)
IAR
South Carolina(3/13/2023)
RR
South Dakota(3/3/2023)
IAR
South Dakota(3/8/2023)
RR
Tennessee(1/5/2024)
RR
Texas(1/8/2002)
IAR
Texas(3/6/2023)
RR
Utah(12/4/2013)
IAR
Utah(3/6/2023)
RR
Vermont(1/9/2002)
IAR
Vermont(3/3/2023)
RR
Virginia(1/8/2002)
IAR
Virginia(3/3/2023)
RR
Washington(1/8/2002)
IAR
Washington(3/3/2023)
RR
West Virginia(9/20/2018)
IAR
West Virginia(3/10/2023)
RR
Wisconsin(2/4/2002)
IAR
Wisconsin(3/7/2023)
RR
Wyoming(1/8/2002)
IAR
Wyoming(3/13/2023)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
PA
PARK AVENUE SECURITIES LLC
PARK AVENUE SECURITIES LLC
CRD#: 46173 / SEC#: 801-58108, 8-51324
RIA
Registered Investment Advisory firm - SEC (11/13/2000 Approved)District of Columbia
Registered Investment Advisory firm - SEC (1/2/2002 Terminated)BD
Broker-Dealer Firm Regulated by FINRA (New York district office)
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Contact information
Main Address
10 Hudson Yards, New York, NY 10001
Mailing Address
10 Hudson Yards, New York, NY 10001
Phone number
+1 (888) 600-4667
Established
Delaware since 08/20/1998
Firm type
Limited Liability Company
Fiscal year end
December
Firm Size
Large
# of Employees
1,984
SEC notice filing (53 States and Territories)
FINRA licenses (53 States and Territories)
Documents
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | OWNER | |
| BOGGS, ALLEN WARREN | HEAD OF PRODUCT & SUPERVISION | 4751363 |
| CASWELL, MARIANNE GRACE | PRESIDENT AND ELECTED MEMBER | 6424651 |
| DAVARASHVILI, KATE | FINOP/PRINCIPAL FINANCIAL OFFICER. | 5642325 |
| DESROCHERS, CARL | ELECTED MEMBER | 7807194 |
| GALLO, JOSEPH MICHAEL | CHIEF COMPLIANCE OFFICER | 3108044 |
| HERGAN, JOSHUA NEIL | GENERAL COUNSEL | 4572643 |
| LESINA, LEYLA ADA | ELECTED MEMBER | 3004323 |
| MAHER, CARLY PRITCHARD | HEAD OF WEALTH MANAGEMENT STRATEGY AND BUSINESS OPERATIONS | 4003223 |
| PERRY, MICHAEL ANDREW | ELECTED MEMBER | 2688179 |
| RYNIKER, MICHAEL JOHN | PRINCIPAL OPERATIONS OFFICER | 2474604 |
Regulatory assets under management
| Total Number of Accounts | 71,074 |
| AUM (Assets Under Management) | $ 14,998,852,974 |
Disclosures
| Regulatory Event | 20 |
| Arbitration | 3 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 11/25/2025 | ||
| 01/22/2025 | ||
| 11/15/2023 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
