Mark Scarbrough
Mark Scarbrough is a registered investment advisor at MML Investors Services, LLC, based in Cary, NC, with 28 years of industry experience. Mark 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
280 Towerview Ct., Cary, NC, 27513
Get directionsHistory
Regulatory History (4)
Judgment / Lien
November 2016Customer Dispute
March 2015Judgment / Lien
March 2014Criminal
January 1993Other Business ActivitiesSells Insurance
Mark is the president/owner of Mainmast Financial Group, Inc. and owner/member of Encompass Financial Partners, LLC, which takes nearly full-time. He is also an insurance agent selling life, disability, long-term care, medicare supplements, and health insurance, dedicating about a quarter of his time.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
New England Securities Corporation
New England SecuritiesBroker
AXA Advisors, LLC
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations9 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.