Park South Securities, LLC (New York)

Park South Securities, LLC is a large advisory firm based in New York. It manages $125.48 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Maryland, Minnesota, Montana, and 5 other states.

Park South Securities provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Park South Securities: assets under management

The assets under management (AUM) of Park South Securities, LLC is $125.48 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $475 thousand in discretionary accounts and $125 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $79.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $41.67 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Park South Securities, LLC for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Park South Securities, LLC

Jeffrey Paul Cahn has been acting as President since 1 Sep 2001. Brian Fred Zucker joined the executive team most recently as the Finop.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Todd Mitchell Eberhard	Chairman of the board	1 Jul 1999	75% - 100%	1636538
Brian Fred Zucker	Finop	1 Jun 2000	Other	1484733
Jeffrey Paul Cahn	President	1 Sep 2001	Other	1305087

Based in New York

The principal office where Park South Securities, LLC performs its advisory services is located at 5 East 59 Th Street, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.