DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

MML Investors Services, LLC

Broker-dealer affiliated wealth managerSpringfield, MassachusettsCRD 10409SEC 801-44264websiteIAPD
Latest filing Sep 3, 2026
First filing on the tape Dec 9, 2011 · 222 filings
SEC status approved since Jul 13, 1993
RAUM
$116B
reported, Item 5.F
Discretionary
61%
of RAUM
Private clients
97%
$112B individuals and HNW
Advisors
5,082
registered through the firm on IAPD
RAUM per advisor
$22.8M
derived; firm RAUM over IAPD count
Employees
6,976
4,961 advisory (5.B.1)
Offices
1,093
beyond the principal office
Private funds
0
reported on Schedule D
History
222 filings and snapshots on the tape
RAUM$116B as of Jul 10, 2026
Mar 28, 2012$884M then
HNW client RAUM$6.2B as of Jul 10, 2026
Mar 29, 2018$1.1B then
State-registered IARs (5.B.3)5,405 as of Jul 10, 2026
Apr 1, 20131,913 then
Employees (5.A)6,976 as of Jul 10, 2026
Apr 1, 20134,806 then
Private funds: no history
RAUM +28% over the last fiscal year+25% a year over threeIARs 6,986 to 5,405offices 1,083 to 1,093
Practice profile
derived from the filing of Sep 3, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$22.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
88derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.0MderivedHNW RAUM over HNW clients
Average account
$254,230derivedRAUM over accounts (5.F.2.f)
Discretionary
61%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
4.6derived1,094 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
-23%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars, otherreportedItem 5.G
Financial planning clients
22,000reportedItem 5.H
Wrap fee program
$216BreportedItem 5.I
Custody
$107B, 481,519 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$106B91%
  • High-net-worth individuals$6.2B5.3%
  • Corporations and businesses$1.9B1.6%
  • Pension and profit-sharing plans$1.4B1.2%
  • Charitable organizations$307M0.3%
  • Banks and thrifts$91.6M0.1%
  • Investment companies$85,7660.0%
Individual clients
447,952reported
HNW clients
885reported
Pension plan clients
3,379reported
Charitable clients
733reported
Accounts
454,857reported
Financial planning clients
22,000reported
Wrap fee programs
$111B sponsored, $0 managedreported
Custody of client assets
$107B for 481,519 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=true related_bank=true bd_reps=6976.0derived
Advisors registered through the firm
5,092 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John Walter WilsonChartered Financial ConsultantHouston, Tx Feb 6, 198542 y1
David Alexander MarleyPalm City, FlJan 22, 199039 y0
Dennis Joseph FlanaganChartered Financial ConsultantPalm Beach Gardens, FlMar 25, 199138 y0
Stephen David EstlerFt Lauderdale, FlMar 25, 199146 y0
James Michael JensenCertified Financial PlannerTampa, FlMar 25, 199139 y1
William John ChaseSarasota, FlAug 6, 199247 y0
Robert Lee SmithTampa, FlFeb 23, 199335 y0
Joseph F EppyBoca Raton, Fl Mar 1, 199433 y0
Thomas Edgar MayerGlendale, WiAug 23, 199454 y0
James M. HasleyLongwood, FlSep 12, 199432 y0
Paul Joseph MarianoChartered Financial ConsultantSouthbury, CtSep 28, 199547 y0
Belton RobinsonStuart, Fl Dec 11, 199539 y0
Daniel Lewis TasciottiPembroke Pines, Fl Mar 1, 199634 y0
Ivan ValdesNew Smyrna Beach, Fl Apr 11, 199630 y0
Craig Jonathan BedenChartered Financial ConsultantMclean, Va Feb 24, 199742 y0
Edward James HopkinsChartered Financial ConsultantPort St Lucie, FlMar 31, 199737 y0
Mitchell Rutherford MaysLynchburg, Va Jun 2, 199744 y0
Frederick Thornton ScruggsForest, Va Jun 4, 199749 y0
Thomas Ward NaylorCertified Financial PlannerLa Jolla, Ca Jul 8, 199743 y0
Jodi Phyllis RosenbloomChartered Financial ConsultantStudio City, CaJul 8, 199738 y0
David Warfield BennettCertified Financial PlannerNewport Beach, Ca Jul 8, 199736 y0
David Gregory BohmanLos Alamitos, Ca Dec 5, 199740 y0
Sarah Chamberlain WhiteRockville, MdMar 13, 199835 y0
Roger Stephen MarksWinter Park, FlApr 9, 199849 y0
Donald James HarringtonCertified Financial Planner, Chartered Financial ConsultantEl Segundo, Ca Apr 27, 199843 y0
Cassandra Lou WilsonOklahoma City, Ok Jun 15, 199839 y0
Stacie Lyn SpielfogelBoca Raton, Fl Jul 9, 199830 y0
Jean Allen DarcyWilliamsburg, Va Jul 14, 199842 y0
George Irving LambrixChartered Financial ConsultantNapa, Ca Jul 23, 199842 y0
Wayne Yoshitaka TanakaHonolulu, HiOct 5, 199837 y0
Robert Dean BruechertChartered Financial ConsultantBrea, CaNov 9, 199862 y0
Mark Allen HeislerIndianapolis, InDec 3, 199839 y0
Paul Alex DecourseyIndianapolis, InDec 3, 199853 y0
Charles Andrew ReddTulsa, OkDec 8, 199843 y0
Joseph Charles HalderChartered Financial ConsultantAlta Loma, Ca Dec 21, 199839 y0
Scott Matthew SundetWest Des Moines, IaJan 1, 199930 y0
Charles Paul AndersenDenver, CoJan 1, 199949 y0
Joseph Alan EspositoWest Warwick, Ri Jan 29, 199953 y0
Franklin Jordan TaylorSherman Oaks, CaFeb 8, 199942 y0
Stanley Roger DomineyCertified Financial Planner, Chartered Financial ConsultantSt. Augustine, Fl Mar 2, 199942 y0
All 5,092 advisors at MML Investors Services, LLC
Advisor movement
295 left, 266 joined in 12 months
net -29 in 12 months56 left in 90 days92 joined in 90 daysdeparture rate 5.8% of current headcount944 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Thomas K Bauer · Chief Technology Officercontrol
    since 03/2017 · owns less than 5%
  • Vaughn Charles Bowman · Chief Executive Officer, President And Chairman Of The Boardcontrol
    since 02/2025 · owns less than 5%
  • Geoffrey Craddock · Directorcontrol
    since 11/2017 · owns less than 5%
  • Edward Karl Duch III · Chief Legal Officer, Secretary And Vice Presidentcontrol
    since 06/2022 · owns less than 5%
  • Gregory Joseph Giardiello · Directorcontrol
    since 05/2026 · owns less than 5%
  • David Michael Holtzer · Field Risk Officercontrol
    since 03/2017 · owns less than 5%
  • Paul Anthony Lapiana · Directorcontrol
    since 06/2023 · owns less than 5%
  • Joseph Patrick III Mallee · Directorcontrol
    since 02/2025 · owns less than 5%
  • David Myers Mink · Vice President And Chief Operations Officercontrol
    since 03/2017 · owns less than 5%
  • George Ashley IV Randall · Field Risk Officercontrol
    since 05/2025 · owns less than 5%
  • Jennifer Rhodes Reilly · Directorcontrol
    since 04/2024 · owns less than 5%
  • Frank Joseph Rispoli · Chief Financial Officer And Treasurercontrol
    since 06/2022 · owns less than 5%
  • Courtney Mckenzie Rogers Reid · Chief Compliance Officercontrol
    since 10/2021 · owns less than 5%
  • John Arthur Vaccaro · Chairman Emerituscontrol
    since 02/2025 · owns less than 5%
  • Mary Bea Wilkinson · Vice Presidentcontrol
    since 03/2017 · owns less than 5%
Entity owners
  • Massmutual Holding LLC · Member
    direct · owns 75% or more
  • Massachusetts Mutual Life Insurance Company · Parent Company
    indirect · owns 75% or more of Massmutual Holding LLC
Related persons
Schedule D 7.A
Advisers that list MML Investors Services, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny2443061
Newtown Square, Pa166182
Boston, Ma1283181
Springfield, Ma · principal1221431
Shelton, Ct95111
Atlanta, Ga801641
Amherst, Ny79352
East Hills, Ny77731
Elmsford, Ny7794
Los Angeles, Ca76133
Indianapolis, In74112
Memphis, Tn7064
Dallas, Tx6912132
Chicago, Il64851
Scottsdale, Az6332
Charlotte, Nc58541
Warren, Nj5672
Rochester, Ny56251
Newport Beach, Ca5362
Chesterfield, Mo5181
Offices
Schedule D 1.F, the 25 largest
  • Newtown Square, PA155 employees
  • Shelton, CT109 employees
  • East Hills, NY103 employees
  • Elmsford, NY86 employees
  • New York, NY85 employees
  • Boston, MA83 employees
  • Boston, MA83 employees
  • Indianapolis, IN69 employees
  • Ft. Lauderdale, FL68 employees
  • Southfield, MI67 employees
  • Amherst, NY66 employees
  • Wall Township, NJ64 employees
  • Chesterfield, MO60 employees
  • Charlotte, NC59 employees
  • New York, NY58 employees
  • Wellesley, MA56 employees
  • Hunt Valley, MD54 employees
  • Rochester, NY54 employees
  • Mechanicsburg, PA53 employees
  • Wakefield, MA51 employees
  • Bala Cynwyd, PA51 employees
  • Hauppauge, NY49 employees
  • Chicago, IL48 employees
  • Dallas, TX45 employees
  • Horsham, PA45 employees
ADV anomalies
6 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Sep 3, 2026
    MALLEE, JOSEPH PATRICK III (DIRECTOR) appeared on Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Sep 3, 2026
    RANDALL, GEORGE ASHLEY IV (FIELD RISK OFFICER) appeared on Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Sep 3, 2026
    GIARDIELLO, GREGORY JOSEPH (DIRECTOR) appeared on Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Sep 3, 2026
    REILLY, JENNIFER RHODES (DIRECTOR) left Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Sep 3, 2026
    HOLTZER, DAVID MICHAEL (FIELD RISK OFFICER) left Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Sep 3, 2026
    ROGERS REID, COURTNEY MCKENZIE (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-04-16 and 2026-09-03
    peers: affiliated wealth managers, $20B and over (50)
What changed
consecutive filings, newest first
  • Financial planning clients · More than 500 to More than 500
    Jul 10, 2026 to Sep 3, 2026
  • Succession · false to unset
    Jul 10, 2026 to Sep 3, 2026
  • Accounts · 392,820 to 454,857
    Jan 29, 2026 to Mar 31, 2026
  • Advisory employees · 4,935 to 4,961
    Jan 29, 2026 to Mar 31, 2026
  • BD registered reps · 7,056 to 6,976
    Jan 29, 2026 to Mar 31, 2026
  • Charity clients · 596 to 733
    Jan 29, 2026 to Mar 31, 2026
  • Corporate clients · 1,556 to 1,873
    Jan 29, 2026 to Mar 31, 2026
  • HNW clients · 735 to 885
    Jan 29, 2026 to Mar 31, 2026
  • Individual clients · 386,818 to 447,952
    Jan 29, 2026 to Mar 31, 2026
  • Pension plan clients · 3,088 to 3,379
    Jan 29, 2026 to Mar 31, 2026
  • Assets in custody · $66B to $107B
    Jan 29, 2026 to Mar 31, 2026
  • Employees · 7,056 to 6,976
    Jan 29, 2026 to Mar 31, 2026
  • Insurance-licensed employees · 29 to 20
    Jan 29, 2026 to Mar 31, 2026
  • State-registered IARs · 6,986 to 5,405
    Jan 29, 2026 to Mar 31, 2026
  • Other offices · 1,083 to 1,093
    Jan 29, 2026 to Mar 31, 2026
  • Discretionary RAUM · $53B to $71B
    Jan 29, 2026 to Mar 31, 2026
  • HNW RAUM · $4.3B to $6.2B
    Jan 29, 2026 to Mar 31, 2026
  • Individual RAUM · $83B to $106B
    Jan 29, 2026 to Mar 31, 2026
  • Non-discretionary RAUM · $37B to $45B
    Jan 29, 2026 to Mar 31, 2026
  • Pension RAUM · $1.2B to $1.4B
    Jan 29, 2026 to Mar 31, 2026
  • RAUM · $90B to $116B
    Jan 29, 2026 to Mar 31, 2026
  • Wrap assets (sponsor) · $9.0B to $111B
    Jan 29, 2026 to Mar 31, 2026
  • Financial planning clients · More than 500 to More than 500
    May 15, 2025 to Jul 22, 2025
  • Accounts · 351,645 to 392,820
    Feb 19, 2025 to Mar 28, 2025
  • Advisory employees · 4,764 to 4,935
    Feb 19, 2025 to Mar 28, 2025
  • BD registered reps · 7,130 to 7,056
    Feb 19, 2025 to Mar 28, 2025
  • Charity clients · 517 to 596
    Feb 19, 2025 to Mar 28, 2025
  • Corporate clients · 1,370 to 1,556
    Feb 19, 2025 to Mar 28, 2025
  • HNW clients · 393 to 735
    Feb 19, 2025 to Mar 28, 2025
  • Individual clients · 346,487 to 386,818
    Feb 19, 2025 to Mar 28, 2025
  • Pension plan clients · 2,846 to 3,088
    Feb 19, 2025 to Mar 28, 2025
  • Employees · 7,130 to 7,056
    Feb 19, 2025 to Mar 28, 2025
  • Insurance-licensed employees · 24 to 29
    Feb 19, 2025 to Mar 28, 2025
  • State-registered IARs · 7,011 to 6,986
    Feb 19, 2025 to Mar 28, 2025
  • Other offices · 1,110 to 1,083
    Feb 19, 2025 to Mar 28, 2025
  • Discretionary RAUM · $42B to $53B
    Feb 19, 2025 to Mar 28, 2025
  • HNW RAUM · $2.7B to $4.3B
    Feb 19, 2025 to Mar 28, 2025
  • Individual RAUM · $68B to $83B
    Feb 19, 2025 to Mar 28, 2025
  • Non-discretionary RAUM · $31B to $37B
    Feb 19, 2025 to Mar 28, 2025
  • Pension RAUM · $988M to $1.2B
    Feb 19, 2025 to Mar 28, 2025
Signals
60 dated events
  • Christopher Todd Chilcoat no longer holds an investment adviser registration (last listed at Mml Investors Services, Llc on the 2026-09-16 feed)
    Sep 16, 2026 · Advisor registration ended · derived
  • Jennifer A Yapsuga registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 16, 2026 · Advisor registered · fact
  • Miguel Gerardo Morales Dacones registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 16, 2026 · Advisor registered · fact
  • Benjamin Reilly Marrs registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 16, 2026 · Advisor registered · fact
  • Brian Keith Salmonson no longer holds an investment adviser registration (last listed at Mml Investors Services, Llc on the 2026-09-15 feed)
    Sep 15, 2026 · Advisor registration ended · derived
  • Skylar Cook no longer holds an investment adviser registration (last listed at Mml Investors Services, Llc on the 2026-09-15 feed)
    Sep 15, 2026 · Advisor registration ended · derived
  • Drake Ryan Kelly registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 15, 2026 · Advisor registered · fact
  • Adrienne Elizabeth Vollmer registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 15, 2026 · Advisor registered · fact
  • Megan Cordi-Standfest registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 15, 2026 · Advisor registered · fact
  • Roy A Schoenfeld registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 15, 2026 · Advisor registered · fact
  • Henry Andrew Vincent added a CT registration at Mml Investors Services, Llc
    Sep 15, 2026 · New state registration · fact
  • Robert Charles Carty added a VA registration at Mml Investors Services, Llc
    Sep 15, 2026 · New state registration · fact
  • Steven Johnson added a TX registration at Mml Investors Services, Llc
    Sep 15, 2026 · New state registration · fact
  • Jacob Christopher Engel added a TX registration at Mml Investors Services, Llc
    Sep 15, 2026 · New state registration · fact
  • Parker James Higham added a TX registration at Mml Investors Services, Llc
    Sep 15, 2026 · New state registration · fact
  • Taechan Yang no longer holds an investment adviser registration (last listed at Mml Investors Services, Llc on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Andrew Lawrence Cole registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 14, 2026 · Advisor registered · fact
  • John David Skubitz registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 14, 2026 · Advisor registered · fact
  • Jacob Berg registered as an investment adviser representative at Mml Investors Services, Llc
    Sep 14, 2026 · Advisor registered · fact
  • Amir De La Vega added a TX registration at Mml Investors Services, Llc
    Sep 14, 2026 · New state registration · fact
  • Hanwool J Jung left Mml Investors Services, Llc for Trajan Wealth, L.L.C. (registered 2026-09-01)
    Sep 1, 2026 · Advisor changed firm · fact
  • Benjamin Martin Dubinski left Mml Investors Services, Llc for Cetera Investment Advisers Llc (registered 2026-08-25)
    Aug 31, 2026 · Advisor changed firm · fact
  • Joanne Amorosi left Mml Investors Services, Llc for Cetera Investment Advisers Llc (registered 2026-08-26)
    Aug 31, 2026 · Advisor changed firm · fact
  • Robert J Link left Mml Investors Services, Llc for Lpl Financial Llc (registered 2026-08-28)
    Aug 28, 2026 · Advisor changed firm · fact
  • Michael Taylor Brown left Mml Investors Services, Llc for Ameriprise Financial Services, Llc (registered 2026-08-27)
    Aug 28, 2026 · Advisor changed firm · fact
  • Peter J Hall left Mml Investors Services, Llc for Cetera Investment Advisers Llc (registered 2026-08-25)
    Aug 28, 2026 · Advisor changed firm · fact
  • Jordan Marc Hirsch left Mml Investors Services, Llc for Osaic Wealth, Inc. (registered 2026-08-27)
    Aug 27, 2026 · Advisor changed firm · fact
  • Jonathan David Cohen left MML Investors Services, LLC for Mercer Global Advisors Inc. (registered 2026-09-16)
    Aug 27, 2026 · Advisor changed firm · fact
  • Zachary Czaplicki left Mml Investors Services, Llc for Cetera Investment Advisers Llc (registered 2026-08-25)
    Aug 26, 2026 · Advisor changed firm · fact
  • Timothy David O'Connell left Mml Investors Services, Llc for Cetera Investment Advisers Llc (registered 2026-08-25)
    Aug 26, 2026 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/INGOODCOMPANYMMreportedpublic record, Form ADV, Sep 17, 2026
Website
MMLINVESTORS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(413) 226-0000reportedpublic record, Form ADV, Sep 3, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$22.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026