RA
CFP · ChFC
RA
CFP · ChFC

Richard Akirmaian

29 Years of Experience
Plantation, FL
1 DisclosureBrokerSells Insurance

Richard Akirmaian is a CFP, ChFC-designated registered investment advisor at MML Investors Services, LLC, based in Plantation, FL, with 29 years of industry experience. Richard 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

8151 Peters Road, Suite 1700, Plantation, FL, 33324

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
April 2018
Denied
Other Business ActivitiesSells Insurance

Richard is an FSR at Name: Richard Akirmaian Inc, involved in outside insurance sales since 2021. He dedicates minimal time to selling life insurance, fixed annuities, and long-term care.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.
October 2005 - March 2017 · 11 yrs 5 mos
Msi Financial Services, INC.Broker
July 1999 - March 2017 · 17 yrs 8 mos
Metropolitan Life Insurance CompanyBroker
July 1999 - July 2007 · 8 yrs
American Express Financial Advisors INC.Broker
November 1996 - June 1999 · 2 yrs 7 mos
Ids Life Insurance CompanyBroker
November 1996 - June 1999 · 2 yrs 7 mos
State Registrations3 states
FLTNTX
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.