Macon, GA Office

Team
Updated today
Madison Avenue Securities, LLC logo

Madison Avenue Securities, LLC

Multi-team

Firm-wide stats for Madison Avenue Securities, LLC

Total advisors

93

Across 46 offices

Clients per advisor

151 Very High

Avg AUM per client

$142,909 Very Low

HNW client ratio

4% Very Low

About

Madison Avenue Securities (MAS) provides investment advisory and brokerage services primarily to individual and high‑net‑worth clients and also offers pension consulting, college‑savings assistance, and services for charitable institutions, foundations, and trusts. The firm reports managing about $2.0 billion for roughly 14,000 clients across 91 advisors, delivering services through multiple wrap programs, an AE Wealth Management sub‑adviser option, Envestnet portfolios, and direct third‑party manager relationships.

MAS offers both discretionary and non‑discretionary portfolio management and works with clients through advisor‑managed models, third‑party managers, and model portfolios; advisors typically gather client goals and risk tolerance, then implement strategic, tactical, or style‑based allocations using stocks, bonds, mutual funds, ETFs, and alternative vehicles. Individual investment adviser representatives (IARs) are often granted discretion to trade on client accounts, may set fees within firm‑prescribed ranges, and may provide financial planning or one‑time consulting in addition to ongoing asset management.

The firm’s brochure highlights several features that differentiate it from many enterprise advisers: MAS is dually registered and conducts broker‑dealer activity, discloses that it and its IARs receive commissions and insurance‑sales compensation in addition to advisory fees, and maintains affiliated insurance marketing organizations and related entities; these arrangements (including described revenue‑sharing and custodian sweep practices) are identified as potential conflicts of interest. MAS also uses multiple custodial/platform relationships (Pershing for several wrap programs; Schwab/Fidelity for AEWM/Envestnet) and discloses recent regulatory enforcement actions in its filing, details prospective clients may wish to review.

Based on Madison Avenue Securities, LLC

Expertise

Annuities College savings (529s, UTMA, etc.)

Based on Madison Avenue Securities, LLC

Occupation focus

Founder/Business Owner

Based on Madison Avenue Securities, LLC

Location

4875 Riverside Dr

Macon GA 31210

Advisors at this office

3

Advisors at this office

user avatar

Daniel N

Series 63, Series 65

Macon, GA

Madison Avenue Securities, LLC

Daniel Nesmith is a financial advisor with Madison Avenue Securities, LLC, holding Series 63 and Series 65 licenses and 15 years of industry experience. He has been with Madison Avenue Securities since 2010 and is also the owner of Security First Asset Management, where he has worked since 2009. Outside of his advisory roles, Nesmith performs as a musician in the band The Shade Trees. Madison Avenue Securities, LLC provides investment advisory and related services to individual clients, charitable institutions, foundations, trusts, and employer-sponsored retirement plans, managing approximately $2.0 billion in assets. The firm offers various account platforms and programs with discretionary and non-discretionary management, employing multiple investment approaches and custodians.

Annuities College savings (529s, UTMA, etc.) Founder/Business Owner
user avatar

Jonathan G

Series 66

Macon, GA

Madison Avenue Securities, LLC

Jonathan Gilbert is a financial advisor with Madison Avenue Securities, LLC, holding a Series 66 designation and three years of industry experience. His prior roles include positions at Security First Asset Management and Midsouth Community FCU. Outside of finance, he has experience as a missionary volunteer and worked with community organizations including a local country club and a collegiate university. Madison Avenue Securities serves individual and high-net-worth clients, providing investment advisory and brokerage services along with pension consulting, college savings assistance, and services for charitable institutions. The firm employs multiple portfolio management approaches and works through a combination of advisor-managed models and third-party managers.

Annuities College savings (529s, UTMA, etc.) Founder/Business Owner
user avatar

Chadwick P

Series 63, Series 66

Macon, GA

Madison Avenue Securities, LLC

Chadwick Payne is a financial advisor with Madison Avenue Securities, LLC, based in Macon, GA, holding Series 63 and Series 66 credentials and bringing 25 years of industry experience. He has been with Madison Avenue Securities since 2008 and also owns Chad Payne Financial Services, where he is involved in the sales and service of life, health, and Medicare supplement insurance as well as annuity products. Additionally, he serves as Chief Operating Officer of William Danner Agency, which focuses on investments and insurance. Madison Avenue Securities provides investment advisory and brokerage services to individual and high-net-worth clients, as well as pension consulting, college-savings assistance, and services for charitable institutions. The firm manages approximately $2.0 billion across various advisory programs and utilizes both discretionary and non-discretionary portfolio management with a range of investment options.

Annuities College savings (529s, UTMA, etc.) Founder/Business Owner
View complete list of advisors at this office
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