Scott Drayer
Scott Drayer is a registered investment advisor at MML Investors Services, LLC, based in Iselin, NJ, with 33 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Retirement Planning. Their firm serves 392,809 clients with $90B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MML Investors Services manages investment menus for retirement plans and offers a managed account service for participants.
For the overall plan, MMLIS selects and monitors investment options. For participants using the managed account service, fees are charged quarterly, up to a maximum of 0.60% per year of the account value. MMLIS receives 0.10% of this fee, with the remainder going to Morningstar and the recordkeeper. The exact fees vary by recordkeeper and whether the service is a Qualified Default Investment Alternative.
Location
186 Wood Ave S, Suite 301, Iselin, NJ, 08830
Get directionsHistory
Regulatory History (1)
Customer Dispute
January 2016Other Business ActivitiesSells Insurance
Scott is the director of Chicken Fat Enterprises Inc., where he monitors sales of a children's fitness book, and a realtor with Christie's International Real Estate Group. He is also an insurance broker selling life, disability, long-term care, fixed annuities, and health insurance products, dedicating minimal time to each activity.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Morgan StanleyBroker
Morgan Stanley
Herbert J. Sims Capital Management, INC.
Herbert J. Sims & CO. INC.Broker
Tucker Anthony IncorporatedBroker
The Jeffrey Matthews Financial Group, L.L.C.Broker
Herbert J. Sims & CO. INC.Broker
Nori, Hennion, Walsh, INC.Broker
First Interregional Equity CORP.Broker
Halpert and Company, INC.Broker
Marsh, Block & CO., INC.Broker
Muriel Siebert & CO., INC.Broker
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.