LG
LG

Louis Grammes

50 Years of Experience
Mechanicsburg, PA
Broker

Louis Grammes is a registered investment advisor at MML Investors Services, LLC, based in Mechanicsburg, PA, with 50 years of industry experience. Louis 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

100 Sterling Parkway, Suite 307, Mechanicsburg, PA, 17050

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
MML Investors Services, LLC
June 2011 - Present · 14 yrs 11 mos
MML Investors Services, LLCBroker
August 1986 - Present · 39 yrs 9 mos
Previous Registrations
Wienken & Associates, LTD.
September 1994 - December 2006 · 12 yrs 3 mos
Massachusetts Mutual Life Insurance CompanyBroker
January 1982 - January 1988 · 6 yrs
New York Life Variable Contracts CorporationBroker
October 1972 - June 1979 · 6 yrs 8 mos
State Registrations1 state
PA
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.