Park Piedmont Advisors LLC

Park Piedmont Advisors, LLC is a registered investment adviser established in 2003, with offices in Chicago, New York, Oakland, Springfield, and Waretown. The firm specializes in providing investment advice to individuals, families, businesses, and retirement plans. Their investment strategy focuses on developing appropriate asset allocations for clients and implementing these allocations primarily using indexed investments such as mutual funds and ETFs. Park Piedmont Advisors manages over $1 billion in assets, with both discretionary and nondiscretionary accounts. Discretionary accounts allow the firm to make investment changes without prior client approval, while nondiscretionary accounts require client approval before changes are made. The firm does not engage in market timing or individual stock analysis. They offer portfolio management services, retirement plan advisory services, and IRA rollover recommendations. Fees for portfolio management range from 0.50% to 0.75% annually based on assets under management. Park Piedmont Advisors acts as a fiduciary, putting clients' best interests first. Clients have full control over their investments and receive regular account reviews and reports. The firm does not participate in performance-based fees or side-by-side management. They recommend Charles Schwab as a custodian and broker, providing access to a range of investment products and services. Park Piedmont Advisors does not vote on client securities' proxies and prioritizes client privacy and data security.