Michael Nigro
Michael Nigro is a registered investment advisor at MML Investors Services, LLC, based in York, PA, with 35 years of industry experience. Michael 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
York, PA
Get directionsHistory
Regulatory History (4)
Customer Dispute
June 2019Customer Dispute
March 2012Customer Dispute
January 2012Customer Dispute
June 2002Other Business ActivitiesSells Insurance
Michael is an insurance agent selling life and health insurance since 2011, dedicating minimal time to this activity. He also teaches a retirement planning course at various universities, spending about 10-20% of his time on this.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
The Dreyfus Service CorporationBroker
State Registrations23 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.