MML Investors Services, LLC
Assets Under Management
$90.0B
Number of Clients
392,809
Number of Advisors
4676
Average Client AUM
$229K
AUM per Advisor
$19.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MMLIS provides personalized investment advice and management services through Advisor Select, Advisor Select Mutual Funds, and Advisor Select Mutual Funds and ETFs Programs. Clients can choose discretionary or non-discretionary management. The firm offers various securities, including mutual funds, ETFs, stocks, and bonds, with certain restrictions and concentration limits. Alternative investments and structured investments are available to eligible clients with specific criteria and disclosures.
Fee Structure
MMLIS offers advisory programs with different fee structures. Some programs have lower maximum fees, which could result in lower client fees. IA-Reps may be incentivized to recommend programs with higher fees. When Affiliated Funds are held in qualified retirement plan accounts and IRAs the account will not be charged the Execution, Clearing and Custody Fee or the Advisor Fee for the portion of the account invested in the Affiliated Funds. The account will be charged any other applicable fees.
Areas of Practice
Location
1295 State Street, Springfield, MA, 01111-0001