VV
ChFC
VV
ChFC

Veikko Vasara

37 Years of Experience
Port Richey, FL
3 DisclosuresBrokerSells Insurance

Veikko Vasara is a ChFC-designated registered investment advisor at MML Investors Services, LLC, based in Port Richey, FL, with 37 years of industry experience. Veikko 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

10220 U.S. Highway 19, Suite 120, Port Richey, FL, 34668

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History

Regulatory History (3)
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
October 2014
Settled
Customer Dispute
October 2006
Denied
Customer Dispute
May 2002
Denied
Other Business ActivitiesSells Insurance

Veikko is an independent insurance agent since 1993, selling various insurance products including dental, disability, annuities, life, health, long-term care, Medicare-related products, and property & casualty. He also owns rental real estate with Steva Vasara since 2008.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.
October 1988 - March 2017 · 28 yrs 5 mos
Msi Financial Services, INC.Broker
September 1988 - March 2017 · 28 yrs 6 mos
Metropolitan Life Insurance CompanyBroker
September 1988 - July 2007 · 18 yrs 10 mos
State Registrations18 states
ALAZCACTFLGAILKYMDMEMINCNJNYPATNTXWA
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.
Veikko Vasara - Financial Advisor | TrueAdvisor