MP
MP

Michael Pimpinelli

34 Years of Experience
Iselin, NJ
2 DisclosuresBrokerSells Insurance

Michael Pimpinelli is a registered investment advisor at MML Investors Services, LLC, based in Iselin, NJ, with 34 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
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

186 Wood Ave S, Suite 301, Iselin, NJ, 08830

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History

Regulatory History (2)
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
February 2009
Denied
Customer Dispute
September 2004
Denied
Other Business ActivitiesSells Insurance

Michael is an attorney in fact for his father, Joseph Pimpinelli, since 2010, dedicating minimal time. He also sells life, health, P&C, and DI insurance since 1990, dedicating minimal time, and has ownership in Wait-or LLC to develop a smartphone application, dedicating minimal time.

Employment History
Current Registrations
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.
December 2004 - March 2017 · 12 yrs 3 mos
Msi Financial Services, INC.Broker
October 2001 - March 2017 · 15 yrs 5 mos
Metropolitan Life Insurance CompanyBroker
October 2001 - July 2007 · 5 yrs 9 mos
Ws Griffith Securities, INC.Broker
December 1991 - October 2001 · 9 yrs 10 mos
Home Life Insurance CompanyBroker
December 1991 - October 1992 · 10 mos
State Registrations18 states
AZCACTFLGAMDMENCNJNYOHOKORPASCTXUTVA
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.
Michael Pimpinelli - Financial Advisor | TrueAdvisor