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Jack Rahmey

34 Years of Experience
Brooklyn, NY
1 DisclosureBrokerSells Insurance

Jack Rahmey is a registered investment advisor at MML Investors Services, LLC, based in Brooklyn, NY, with 34 years of industry experience. Jack 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

2387 Ocean Avenue, Suite 1G, Brooklyn, NY, 11229

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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
October 2002
Denied
Other Business ActivitiesSells Insurance

Jack is involved in life settlements/viaticals as a sales agent since 2017, dedicating minimal time. He is also an insurance agent since 2004, selling life, accident, health, and long-term care insurance, which takes a few hours per week.

Employment History
Current Registrations
MML Investors Services, LLC
June 2021 - Present · 4 yrs 11 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.Broker
November 2001 - March 2017 · 15 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
November 2001 - July 2007 · 5 yrs 8 mos
1717 Capital Management CompanyBroker
January 1996 - November 2001 · 5 yrs 10 mos
Equico Securities, INC.Broker
February 1992 - January 1996 · 3 yrs 11 mos
The Equitable Life Assurance Society of the United StatesBroker
February 1992 - January 1996 · 3 yrs 11 mos
State Registrations3 states
FLNJNY
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.