Joseph Kavumpurath
Joseph Kavumpurath is a registered investment advisor at MML Investors Services, LLC, based in Glastonbury, CT, with 33 years of industry experience. Joseph 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
45 Glastonbury Boulevard, 1st Floor, Glastonbury, CT, 06033
Get directionsHistory
Regulatory History (3)
Customer Dispute
August 2011Customer Dispute
October 2008Customer Dispute
March 2005Other Business ActivitiesSells Insurance
Joseph is an insurance broker since 2016, selling life, disability, long-term care, health, and fixed annuities, dedicating minimal time during trading hours and a few hours per week during non-trading hours. Joseph also owns JMK Financial Associates, LLC, dedicating about a quarter of his time to securities-related activities and minimal time to non-securities activities.
Employment History
Current Registrations
MML Investors Services, LLCBroker
MML Investors Services, LLC
Previous Registrations
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations2 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.