Ira Hermann
Ira Hermann is a ChFC-designated registered investment advisor at MML Investors Services, LLC, based in Newport Beach, CA, with 39 years of industry experience. Ira 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
4675 Macarthur Court, Suite 1050, Newport Beach, CA, 92660
Get directionsHistory
Regulatory History (1)
Regulatory
February 2002Other Business ActivitiesSells Insurance
Ira is an insurance agent since 1981. He also has several investment-related activities including real estate ventures and minority ownership in an insurance producer group, each requiring minimal time commitment.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
MML Investors Services, LLC
Previous Registrations
Northwestern Mutual Investment Services,llc
Robert W. Baird & CO. IncorporatedBroker
Northwestern Mutual Investment Services, LLCBroker
Mutual Benefit Financial Service CompanyBroker
State Registrations38 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.