RG
CFP · ChFC
RG
CFP · ChFC

Rhonda Growney

35 Years of Experience
Paramus, NJ
BrokerSells Insurance

Rhonda Growney is a CFP, ChFC-designated registered investment advisor at MML Investors Services, LLC, based in Paramus, NJ, with 35 years of industry experience. Rhonda 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
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

Rhonda owns rental properties since 1994, dedicating about 10-20% of her time. She also works in property and casualty insurance sales and customer service, spending a few hours per week on these activities.

Employment History
Current Registrations
MML Investors Services, LLC
June 2023 - Present · 3 yrs 1 mo
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.Broker
November 2003 - March 2017 · 13 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
November 2003 - July 2007 · 3 yrs 8 mos
Metlife Securities INC.Broker
September 1988 - October 2001 · 13 yrs 1 mo
Metropolitan Life Insurance CompanyBroker
July 1988 - October 2001 · 13 yrs 3 mos
State Registrations7 states
CAFLMANCNJNYTX
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.
Rhonda Growney - Financial Advisor | TrueAdvisor