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: 7,316
Year founded: 1981
Year end: Dec. 31
No. of retail offices: 1,437
Recruitment & Staffing
|No. of reps||7,316||7,714||4,436|
|No. of producing reps||8,424||8,628||3,737|
|No. of reps producing $100K-$499K /year||2,242||1,936||665|
|Total revenues: Other||$4,635,620||$4,243,944||$30,938,768|
|Total account assets||$181,600,000,000||$198,900,000,000||$73,100,000,000|
|Total account assets: Other||$139,800,000,000||$156,300,000,000||$57,800,000,000|
|Average assets per rep||$24,822,307||$25,784,288||$16,478,810|
August 17, 2019 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2018 Contact Phone/email Pershing One Pershing Plaza, Jersey City, NJ 07339 (800) 445-4467 pershing.com 625 -4.40% Michael Row Chief relationship...
July 19, 2019 - Advisor Group has a new suite of cybersecurity services and technologies to help protect the 7,000 advisers across its four firms, FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury Financial, against digital threats....
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...
December 5, 2018 - The Financial Industry Regulation Authority Inc. has suspended a broker who instructed his assistant to complete his continuing education coursework in his place. Danijel Velicki, a broker employed with MML Investors Services in Virginia, was required...
October 9, 2018 - In a court of law, the accused has the right to face the witnesses testifying against him. The details of a recent Financial Industry Regulatory Authority Inc. enforcement action show how far removed from a court of law such actions are taken, at times,...
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...
- 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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