MML Investors Services, LLC
A subsidiary of Massachusetts Mutual Life Insurance Company
1295 State St.
Springfield, MA 01111
Clearing firm: National Financial Services LLC
No. advisers: 7,714
Year founded: 1981
Year end: Dec. 31
No. of retail offices: 1,522
Recruitment & Staffing
|No. of reps||7,714||4,436||4,796|
|No. of producing reps||8,628||3,737||3,977|
|No. of reps producing $100K-$499K /year||1,936||665||731|
|Total revenues: Other||$25,709,343||$30,938,768||$31,900,483|
|Total account assets||$224,800,000,000||$73,100,000,000||$70,677,555,001|
|Total account assets: Other||$182,200,000,000||$57,800,000,000||$56,743,817,214|
|Average assets per rep||$29,141,820||$16,478,810||$14,736,771|
August 20, 2018 - A four-adviser team managing $400 million in assets at MML Investors Services has affiliated with Commonwealth Financial Network. Innovative Financial Solutions, based in Bloomington, Ind., and Palm Coast, Fla., is led by partners William Verhagen, Christopher...
August 18, 2018 - Has Trust Company of America hitched its wagon to a star or turned its back on loyal clients? It depends on whom you ask. Either way, the $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
December 29, 2017 - The Financial Industry Regulatory Authority Inc. has barred former NY Life Securities representative Tyrone Pang for failing to appear at a hearing investigating alleged rule violations. In June 2015, NY Life terminated Mr. Pang's employment for violating...
September 5, 2017 - MetLife Inc. is cutting compensation on annuities sold by former advisers who moved to other broker-dealers after MetLife sold its Premier Client Group last year to Massachusetts Mutual Life Insurance Co. And the cut in pay is drastic. According to a...
August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...
April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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