Joseph Scheid
Joseph Scheid is a registered investment advisor at MML Investors Services, LLC, based in Phoenix, AZ, with 31 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
2929 E. Camelback Road, Suite 219, Phoenix, AZ, 85016
Get directionsHistory
Regulatory History (1)
Customer Dispute
August 2017Other Business ActivitiesSells Insurance
Joseph owns Strategic Financial Concepts, LLC, an insurance brokerage business, and is involved in individual life/health, P&C, and group life/health insurance sales. He also participates in life settlements/viaticals and is involved with DFG Casualty & Benefits, LLC, focusing on P&C insurance, dedicating a few hours per week to these activities.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
G. R. Phelps & CO., INC.Broker
State Registrations12 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.