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Abraham Fried

30 Years of Experience
BrokerSells Insurance

Abraham Fried is a registered investment advisor at MML Investors Services, LLC, based in Brooklyn, NY, with 30 years of industry experience. Abraham 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

9920 4th Avenue, Suite 303, Brooklyn, NY, 11209

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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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Other Business ActivitiesSells Insurance

Abraham is an independent insurance agent selling dental, group disability income, life, accident, and health insurance since 1998. He also owns rental real estate since 1984 and works as an insurance broker selling term life insurance, dedicating minimal time to this activity.

Employment History
Current Registrations
MML Investors Services, LLC
June 2021 - Present · 4 yrs 10 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 1 mo
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 1 mo
Previous Registrations
Msi Financial Services, INC.Broker
January 1996 - March 2017 · 21 yrs 2 mos
Metropolitan Life Insurance CompanyBroker
January 1996 - July 2007 · 11 yrs 6 mos
State Registrations6 states
CTFLNCNJNYVA
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.
Abraham Fried - Financial Advisor | TrueAdvisor