Craig Mellenthine
Craig Mellenthine is a registered investment advisor at MML Investors Services, LLC, based in North Tonawanda, NY, with 31 years of industry experience. Craig 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
326 Stenzil Street, North Tonawanda, NY, 14120
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Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Craig owns 50% of a rental property since 2003, dedicating minimal time to rent collection. He also owns Mellenthine's Insurance and Financial Services, a non-MMLIA insurance brokerage, and spends about 10-20% of his time selling fixed annuities. Craig also prepares tax returns for individuals, spending about 10-20% of his time on this activity.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Msi Financial Services, INC.Broker
New England SecuritiesBroker
Thrivent Investment Management INC.Broker
State Registrations8 states
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