Steve Grossbard
Steve Grossbard is a registered investment advisor at MML Investors Services, LLC, based in Fairfield, NJ, with 37 years of industry experience. Steve 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
30 Two Bridges Road, Suite 320, Fairfield, NJ, 07004
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Steve owns GFC Wealth Management, an LLC used for accounting and billing, dedicating minimal time. He also works as a self-defense coach, running seminars a few times per month, also dedicating minimal time.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
First Allied Advisory Services, INC.
First Allied Securities, INC.Broker
The Investment Center, INC.Broker
Ic Advisory Services, INC.
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
Dime Securities, INC.Broker
Essex National Securities, INC.Broker
Waterhouse Securities, INC.Broker
Financial Network Investment CorporationBroker
Pennsylvania Securities CompanyBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Shearson Lehman Hutton INC.Broker
G.S.G. Global Securities, INC.Broker
G S Z Securities INC.Broker
State Registrations10 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.