KG
ChFC
KG
ChFC

Kenneth Growney

38 Years of Experience
Paramus, NJ
1 DisclosureBrokerSells Insurance

Kenneth Growney is a ChFC-designated registered investment advisor at MML Investors Services, LLC, based in Paramus, NJ, with 38 years of industry experience. Kenneth 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4920 advisors
Number of Clients
392,809 clients
Average Client Portfolio
$229K average
Assets Under Management
$90.0B

Fee Structure

Investment management only (planning not offered)

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.

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Location

61 So Paramus Rd, 5th Floor Suite 575, Paramus, NJ, 07652

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2012
Denied
Other Business ActivitiesSells Insurance

Kenneth sells various insurance products, including life, property/casualty, health, and long-term care, since 1988. He also participates in a fraternity, manages rental properties, and chairs the audit committee for a yacht club, dedicating minimal time to the latter three activities.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 4 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 4 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 4 mos
Previous Registrations
Msi Financial Services, INC.
February 2014 - March 2017 · 3 yrs 1 mo
Msi Financial Services, INC.Broker
March 1989 - March 2017 · 28 yrs
Metropolitan Life Insurance CompanyBroker
March 1989 - July 2007 · 18 yrs 4 mos
Aetna Life Insurance and Annuity CompanyBroker
February 1988 - February 1989 · 1 yr
State Registrations17 states
AZCACTDCDEFLILMAMDMENCNJNYPARITXVT
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Kenneth Growney - Financial Advisor | TrueAdvisor