John Prather
John Prather is a registered investment advisor at MML Investors Services, LLC, based in Memphis, TN, with 37 years of industry experience. John 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
618 Oak Leaf Office Lane, Ste 300, Memphis, TN, 38117
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2023Other Business ActivitiesSells Insurance
John sells life, health, and disability insurance as a broker, dedicating about 10-20% of his time to this activity. He also owns rental property and is involved in real estate property management, dedicating minimal time to these ventures, and is a partner in Longview Planning Partners, LLC.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Guardian Investor Services CorporationBroker
MML Investors Services, INC.Broker
Jmc Financial CorporationBroker
Swan Securities INC.Broker
Hibbard Brown & CO., INC.Broker
Fsc Securities CorporationBroker
State Registrations35 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.