TF
Timothy D. Foster
PARK AVENUE SECURITIES LLC
Wayzata, MN 55391
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CRD#: 211869
TF
Professional summary
Timothy D Foster, who also goes by Timothy David Foster, is a registered financial advisor currently at PARK AVENUE SECURITIES LLC located in Wayzata, Minnesota.
Timothy is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1970. Timothy has worked at 3 firms and has passed the Series 7TO, SIE and Series 1 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Timothy David Foster
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. Insurance Sales
Occasional non-Guardian insurance sales
Start: 01/01/1975
Address: 222 Minnetonka Ave. South
Wayzata MN 55391
5 bus hrs per month
Investment related
2. Nova Restaurant Group
Nova Restaurant Group owns four full service restaurants.
Start: 10/01/2015
Address; 5151 Edina Industrial Boulevard
Edina, MN 55439
15 non bus hrs per month
Not investment related
3. Tavern 4 & 5 LLC
Restaurant/Tavern
Start: 12/01/2012
Address: 16396 Wagner Way Eden Prairie, MN 55344
5 non bus hrs per month
Not investment related
4. Foster K Partners LLP, dba The Partners Group LLC
The Partners Group is the partnership we do all of our Guardian business through
Start: 01/01/2013
Address: 222 Minnetonka Ave. South
Wayzata MN 55391
40-50 bus hrs per month
Investment related
5. PG West, LLC
This is a real estate partnership that I own and run my business out of
Start: 01/01/2014
Address: 222 Minnetonka Ave. South
Wayzata MN 55391
0 hrs per month
Investment related
6. Ducks Unlimited, Inc.
Once a year myself and 11 others set up an event to raise money and awareness for Ducks Unlimited. ducks.org
Start: 01/01/1982
Address: Ducks Unlimited, Inc.
One Waterfowl Way, Memphis, TN 38120
5 non bus hrs per month
Not investment related
7. Marsh Lake Board of Directors
Marsh Lake is a private hunting and shooting club with a gun and trap range, pheasant and duck hunting.
Start: 01/01/1985
Address: 5785 Hunters Road, Chaska MN 55318
1 non bus hr per month
Not investment related
8. Ridgeview Foundation Board
Quarterly meetings regarding operations of RMC medical center fundraising events
Start: 01/01/2003
Address: Ridgeview Medical Center
500 S Maple St, Waconia MN 55387
4 non bus hrs per month
Not investment related
CRS (Client Relationship Summary) - RIA
Click below to view Timothy D Foster's CRS (Customer Relationship Summary).
CRS (Client Relationship Summary) - BD
Click below to view Timothy D Foster'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
January 9, 2014 - Present
PARK AVENUE SECURITIES LLC
Office #1: 222 Minnetonka Ave So, Wayzata, MN 55391RIA
BD
CRD#: 46173
Wayzata, MN
Current
May 3, 1999 - Present
PARK AVENUE SECURITIES LLC
Office #1: 222 Minnetonka Ave So, Wayzata, MN 55391RIA
BD
CRD#: 46173
Wayzata, MN
Past
May 6, 1975 - May 3, 1999
GUARDIAN INVESTOR SERVICES LLC
BD
CRD#: 6635
NEW YORK, NY
Past
March 16, 1970 - June 16, 1975
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
BD
CRD#: 680
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
Florida(6/22/2020)
RR
Minnesota(5/3/1999)
IAR
Minnesota(1/9/2014)
RR
Ohio(4/6/2021)
IAR
Ohio(4/6/2021)
Exams
General Industry/Product Exam
RR
Series 7TO
Date: 1/2/2023
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
RR
Series 1
Date: 3/3/1970
Registered Representative ExaminationSRO 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.
