DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Park Avenue Institutional Advisers LLC
Latest filing Mar 27, 2026
First filing on the tape Feb 26, 2015 · 20 filings
SEC status approved since Mar 9, 2015
RAUM
$82B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
72
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$82B as of Mar 27, 2026
Mar 28, 2016$3.7B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 28, 20160 then
Employees (5.A)72 as of Mar 27, 2026
Mar 28, 201677 then
Private funds9 as of Mar 27, 2024
Mar 29, 20183 then
RAUM +7.9% over the last fiscal year+3.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $2.8BderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 94%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +7.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Insurance companies$77B94%
- Investment companies$4.6B5.7%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 29reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=0.06 institutional_share=0.94 related_bd=true related_bank=true bd_reps=9.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
10 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Park Avenue Institutional Advisers Clo Ltd 2017-1 | Securitized Asset Fund | $384M | 1 | Mar 29, 2018 |
| Park Avenue Institutional Advisers Clo Ltd 2021-1 | Securitized Asset Fund | $384M | 0 | Mar 29, 2021 |
| Park Avenue Institutional Advisers Clo Ltd 2021-2 | Securitized Asset Fund | $381M | 1 | Mar 16, 2022 |
| Park Avenue Institutional Advisers Clo Ltd 2019-2 | Securitized Asset Fund | $380M | 0 | Mar 13, 2020 |
| Park Avenue Institutional Advisers Clo Ltd 2022-1 | Securitized Asset Fund | $380M | 1 | Feb 22, 2023 |
| Park Avenue Institutional Advisers Clo Ltd 2018-1 | Securitized Asset Fund | $376M | 0 | Mar 28, 2019 |
| Park Avenue Institutional Advisers Clo Ltd 2019-1 | Securitized Asset Fund | $375M | 1 | Aug 9, 2019 |
| Park Avenue Institutional Advisers Clo Ltd 2016-1 | Securitized Asset Fund | $367M | 0 | Mar 29, 2018 |
| Park Avenue Institutional Advisers Clo Ltd 2022-2 | Securitized Asset Fund | $320M | 1 | Feb 22, 2023 |
| Park Avenue Credit Opportunities LLCno longer reported | Hedge Fund | $6.9M | 1 | Mar 29, 2018 |
Owners and control persons
Schedule A and B, latest filing
- Joseph Michael Bessel · Chief Compliance Officercontrolsince 02/2015 · owns less than 5%
- Hunter John Flannigan · LLC Managercontrolsince 05/2018 · owns less than 5%
- Nicholas Liolis · Chief Investment Officercontrolsince 01/2023 · owns less than 5%
- Hirsch Isaac Lowenbraun · President And Senior Managing Directorcontrolsince 08/2024 · owns less than 5%
- Anne Debra Udicious · LLC Managercontrolsince 08/2024 · owns less than 5%
- Mark Larry Weiss · Head Of Asset Management Accounting & Mutual Fund Treasurercontrolsince 08/2024 · owns less than 5%
Entity owners
- Guardian Investor Services LLC · Memberdirect · owns 75% or more
- The Guardian Life Insurance Company Of America · Ownerindirect · owns 75% or more of Guardian Investor Services LLC
Related persons
Schedule D 7.A
- Broadshore Capital Partners, LLCinvestment advisernRAUM $982M
- Guardian Wealth Partners, LLCinvestment advisernRAUM $191M
- Park Avenue Securities LLCbroker-dealerinvestment advisernRAUM $20B
- The Guardian Insurance & Annuity Company, Inc.real estaten
- The Guardian Life Insurance Company Of Americareal estatey
Advisers that list Park Avenue Institutional Advisers LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 30 to 29Mar 20, 2025 to Mar 27, 2026
- Advisory employees · 23 to 10Mar 20, 2025 to Mar 27, 2026
- BD registered reps · 12 to 9Mar 20, 2025 to Mar 27, 2026
- Employees · 85 to 72Mar 20, 2025 to Mar 27, 2026
- Discretionary RAUM · $76B to $82BMar 20, 2025 to Mar 27, 2026
- RAUM · $76B to $82BMar 20, 2025 to Mar 27, 2026
- Employees · 87 to 85Oct 8, 2024 to Mar 20, 2025
- Financial planning clients · 0 to 0Oct 8, 2024 to Mar 20, 2025
- Discretionary RAUM · $75B to $76BOct 8, 2024 to Mar 20, 2025
- RAUM · $75B to $76BOct 8, 2024 to Mar 20, 2025
- Accounts · 40 to 30Mar 27, 2024 to Oct 8, 2024
- Advisory employees · 55 to 23Mar 27, 2024 to Oct 8, 2024
- Advisory activities · 3 to 2Mar 27, 2024 to Oct 8, 2024
- BD registered reps · 19 to 12Mar 27, 2024 to Oct 8, 2024
- Pooled vehicle clients · 9.0 to unsetMar 27, 2024 to Oct 8, 2024
- Employees · 132 to 87Mar 27, 2024 to Oct 8, 2024
- Private funds · 9 to unsetMar 27, 2024 to Oct 8, 2024
- Discretionary RAUM · $76B to $75BMar 27, 2024 to Oct 8, 2024
- Pooled vehicle RAUM · 3133286608.0 to unsetMar 27, 2024 to Oct 8, 2024
- RAUM · $76B to $75BMar 27, 2024 to Oct 8, 2024
- Advisory employees · 57 to 55Feb 27, 2023 to Mar 27, 2024
- Employees · 131 to 132Feb 27, 2023 to Mar 27, 2024
- Discretionary RAUM · $75B to $76BFeb 27, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $3.2B to $3.1BFeb 27, 2023 to Mar 27, 2024
- RAUM · $75B to $76BFeb 27, 2023 to Mar 27, 2024
- Accounts · 32 to 40Mar 16, 2022 to Feb 22, 2023
- Advisory employees · 30 to 57Mar 16, 2022 to Feb 22, 2023
- BD registered reps · 21 to 19Mar 16, 2022 to Feb 22, 2023
- Pooled vehicle clients · 7 to 9Mar 16, 2022 to Feb 22, 2023
- Employees · 78 to 131Mar 16, 2022 to Feb 22, 2023
- Private funds · 7 to 9Mar 16, 2022 to Feb 22, 2023
- Discretionary RAUM · $13B to $75BMar 16, 2022 to Feb 22, 2023
- Pooled vehicle RAUM · $2.8B to $3.2BMar 16, 2022 to Feb 22, 2023
- RAUM · $13B to $75BMar 16, 2022 to Feb 22, 2023
- Related bank · false to trueMar 16, 2022 to Feb 22, 2023
- Accounts · 26 to 32Mar 29, 2021 to Mar 16, 2022
- Advisory employees · 29 to 30Mar 29, 2021 to Mar 16, 2022
- Advisory activities · 2 to 3Mar 29, 2021 to Mar 16, 2022
- BD registered reps · 20 to 21Mar 29, 2021 to Mar 16, 2022
- Pooled vehicle clients · 6 to 7Mar 29, 2021 to Mar 16, 2022
Signals
23 dated events
- Hirsch Isaac Lowenbraun (President And Senior Managing Director) appeared on Schedule A of Park Avenue Institutional Advisers LlcOct 8, 2024 · Control person joined · fact
- Mark Larry Weiss (Head Of Asset Management Accounting & Mutual Fund Treasurer) appeared on Schedule A of Park Avenue Institutional Advisers LlcOct 8, 2024 · Control person joined · fact
- Anne Debra Udicious (Llc Manager) appeared on Schedule A of Park Avenue Institutional Advisers LlcOct 8, 2024 · Control person joined · fact
- Harold John Walter (Sr. Vice President And Chief Financial Officer) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2024-03-27, absent 2024-10-08)Oct 8, 2024 · Control person left · inference
- Carlos Roberto Ecker (Llc Manager) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2024-03-27, absent 2024-10-08)Oct 8, 2024 · Control person left · inference
- Treanor Robert O'Rourke (President) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2024-03-27, absent 2024-10-08)Oct 8, 2024 · Control person left · inference
- Charles Andrew Liggio (Llc Manager) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2024-03-27, absent 2024-10-08)Oct 8, 2024 · Control person left · inference
- Charles Andrew Liggio (Llc Manager) appeared on Schedule A of Park Avenue Institutional Advisers LlcMar 27, 2024 · Control person joined · fact
- Eric Paul Jablansky (Llc Manager) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2023-02-27, absent 2024-03-27)Mar 27, 2024 · Control person left · inference
- Park Avenue Institutional Advisers Llc reported RAUM $74.6B, up 462% from $13.3B (2022-03-16 to 2023-02-22)Feb 22, 2023 · RAUM change · derived
- Nicholas Liolis (Chief Investment Officer) appeared on Schedule A of Park Avenue Institutional Advisers LlcFeb 22, 2023 · Control person joined · fact
- Casey Jean Latorre (Chief Investment Officer) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2022-03-16, absent 2023-02-22)Feb 22, 2023 · Control person left · inference
- Park Avenue Institutional Advisers Llc reported RAUM $13.3B, up 70% from $7.8B (2021-03-29 to 2022-03-16)Mar 16, 2022 · RAUM change · derived
- Treanor Robert O'Rourke (President) appeared on Schedule A of Park Avenue Institutional Advisers LlcMar 29, 2021 · Control person joined · fact
- Eric Paul Jablansky (Llc Manager) appeared on Schedule A of Park Avenue Institutional Advisers LlcMar 29, 2021 · Control person joined · fact
- Douglas Dupont (President And Llc Manager) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2020-03-13, absent 2021-03-29)Mar 29, 2021 · Control person left · inference
- Park Avenue Institutional Advisers Llc reported RAUM $6.9B, up 45% from $4.8B (2019-08-09 to 2020-03-13)Mar 13, 2020 · RAUM change · derived
- George Thomas Sorell (Chief Investment Officer) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2019-08-09, absent 2020-03-13)Mar 13, 2020 · Control person left · inference
- Casey Jean Latorre (Chief Investment Officer) appeared on Schedule A of Park Avenue Institutional Advisers LlcMar 13, 2020 · Control person joined · fact
- Park Avenue Institutional Advisers Llc reported RAUM $4.4B, up 121% from $2.0B (2018-04-24 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
- William Robert Thompson (Llc Manager) no longer on Schedule A of Park Avenue Institutional Advisers Llc (listed 2018-04-24, absent 2019-03-28)Mar 28, 2019 · Control person left · inference
- Hunter John Flannigan (Llc Manager) appeared on Schedule A of Park Avenue Institutional Advisers LlcMar 28, 2019 · Control person joined · fact
- Park Avenue Institutional Advisers Llc filed its initial SEC registration (Form ADV)Feb 26, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Principal office phone
- 212-919-2517reportedpublic record, Form ADV, Mar 27, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026