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Luiggino Galletto

37 Years of Experience
Charlotte, NC
BrokerSells Insurance

Luiggino Galletto is a registered investment advisor at MML Investors Services, LLC, based in Charlotte, NC, with 37 years of industry experience. Luiggino 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

4350 Congress Street, Suite 300, Charlotte, NC, 28209

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Luiggino works in life insurance sales, dedicating minimal time to this activity. He also works full-time as an advisor for Retirement Plan Consulting Group, LLC, providing financial advising and planning for retirement plan and retail clients.

Employment History
Current Registrations
MML Investors Services, LLC
September 2004 - Present · 21 yrs 10 mos
MML Investors Services, LLCBroker
January 2004 - Present · 22 yrs 6 mos
Previous Registrations
Oppenheimerfunds Distributor, INC.Broker
January 1990 - November 2003 · 13 yrs 10 mos
Shearson Lehman Hutton INC.Broker
March 1989 - October 1989 · 7 mos
Blinder, Robinson & CO., INC.Broker
March 1988 - February 1989 · 11 mos
State Registrations15 states
ARCACOFLGAINMDNCNYOHORPASCVAWI
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.