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Updated September 23, 2026. Quick answer: Park Avenue Securities discloses a maximum, negotiated rate of 0.45% in its VestWise Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (June 18, 2026). Converted to dollars, that runs $2,250 a year on a $500,000 account; see the full table below for $250,000, $1 million and $2 million.
The published numbers
From the VestWise Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (June 18, 2026): “The annual client advisory fee agreed upon by you and Park Avenue is indicated in the VestWise Investment Advisory Agreement. The maximum annual fee for the VestWise program is 0.45% paid quarterly in arrears. The fee is calculated quarterly, using the average daily balance of the assets held in the Model Portfolio for your account for the completed quarter.”
The published maximum: 0.45% per year (This is the maximum annual fee for Park Avenue’s VestWise digital advisory (robo) program, negotiated up to a 0.45% cap. Park Avenue’s traditional advisor-guided wrap programs (Signature Portfolio, SMA/UMA Select, Strategist Select, Strategist Select Plus) do not have one firm-wide number: their Adviser Fee component is individually negotiated per IAR within a 0.50% to 1.75% range, plus a Platform Fee (0.05% to 0.30%, minimum $90 per household) and, where applicable, a Manager Fee (0% to 0.65%). Two legacy programs, Portfolio Select and Foundations/Quantitative Innovations, do publish fixed dollar-tiered maximum-fee schedules (2.05% down to 1.90%, and 2.15% down to 2.00%, respectively, by AUM breakpoint), but both were closed to new investors (Portfolio Select previously, and Foundations/Quantitative Innovations effective January 31, 2026 per the brochure’s own update log), so neither is available to a client opening an account today. VestWise is the only currently open Park Avenue program with a single firm-set fee ceiling rather than an IAR-negotiated range.).
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $1,125 | 0.45% |
| $500,000 | $2,250 | 0.45% |
| $1,000,000 | $4,500 | 0.45% |
| $2,000,000 | $9,000 | 0.45% |
VestWise charges a single maximum annual rate of 0.45% of assets under management, with no breakpoints or tiers stated in the brochure. Each dollar_at figure is simply balance times 0.0045, e.g. 250000 x 0.0045 = 1125, 2000000 x 0.0045 = 9000.
How this compares
Our benchmark of published adviser fee schedules puts the weighted median annual cost near $2,000 to $2,500 on $250,000 (the benchmark). At $500,000, Park Avenue Securities’s own published rate runs $2,250 a year.
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- VestWise Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (June 18, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048783
- SEC Investment Adviser Public Disclosure, Park Avenue Securities LLC (CRD #46173): https://adviserinfo.sec.gov/firm/summary/46173
- Park Avenue Securities LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/46173/PDF/46173.pdf
Methodology. This page was built September 23, 2026, drawing on Park Avenue Securities’s own SEC-filed disclosure and, where cited, its published fee schedule, with sources linked above; any figure we could not independently confirm this session is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
Is Park Avenue Securities a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
What does it take to open an account? See Park Avenue Securities’s minimum investment, straight from its own Form ADV Part 2A brochure.
Weighing whether to move ahead? Read the full Park Avenue Securities review, including its fiduciary status and what it costs to leave.
Comparing Park Avenue Securities against other options? See Park Avenue Securities alternatives, including a lower-fee full-service firm, a flat-fee route, and a robo/hybrid.
Thinking about leaving Park Avenue Securities instead of pricing what you would pay to stay? See what it costs to leave, or read the general mechanics of switching financial advisors.