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Herve Vixamar

27 Years of Experience
New York, NY
1 DisclosureBrokerSells Insurance

Herve Vixamar is a registered investment advisor at MML Investors Services, LLC, based in New York, NY, with 27 years of industry experience. Herve 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

420 Lexington Avenue, 25th Floor, Suite 2510, New York, NY, 10170

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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
March 2017
Denied
Other Business ActivitiesSells Insurance

Herve is a board member for the Metropolitan Auxiliary Board and the Haitian Roundtable, and co-owns rental property. He is also an insurance agent selling life, disability, long-term care, fixed annuities, and health insurance, dedicating minimal time to this.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
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 2013 - March 2017 · 3 yrs 5 mos
Msi Financial Services, INC.Broker
October 2013 - March 2017 · 3 yrs 5 mos
AXA Advisors, LLC
April 2010 - October 2013 · 3 yrs 6 mos
AXA Advisors, LLCBroker
July 2002 - October 2013 · 11 yrs 3 mos
AXA Advisors, LLCBroker
March 1998 - June 2001 · 3 yrs 3 mos
The Equitable Life Assurance Society of the United StatesBroker
March 1998 - January 2000 · 1 yr 10 mos
Dalton Kent Securities Group, INC.Broker
July 1997 - February 1998 · 7 mos
State Registrations20 states
AZCACTDCDEFLGAIALAMAMDMINCNJNYOHPARITXVA
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.