MSI Financial Services, Inc.
A subsidiary of Massachusetts Mutual Life Insurance Company
1295 State Street
Springfield, MA 1111
Clearing firm: National Financial Services LLC
No. advisers: 3,723
Year founded: 1983
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||—||—||3,723|
|No. of producing reps||—||—||—|
|No. of reps producing $100K-$499K /year||—||—||—|
February 14, 2019 - The Financial Industry Regulatory Authority Inc. said Wednesday that it had barred a broker who sold close to $3.5 million of promissory notes relating to the Woodbridge Group of Companies, a purported real estate investment fund that turned out to be...
April 19, 2018 - Ryan Lambert, who heads a team that includes five other advisers and managed $294 million in assets at MML Investors Services, has joined the franchise channel of Ameriprise. The team includes advisers Cheri Amsden, Daniel Miller, James Phillips, Christopher...
August 24, 2017 - Stephanie Karpow and Robert Lester, who managed $156 million in assets at MSI Financial Services in San Diego, Calif., have joined the employee unit of Ameriprise. Ms. Karpow started her securities career in 2009 at New England Securities and moved to...
March 30, 2017 - Massachusetts Mutual Life Insurance Co. is moving to level compensation brokers receive for working with 401(k) plans, a step other large brokerages have taken in response to the Department of Labor's fiduciary rule. The firm, which has more than 9,000...
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
- 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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