John Murphy
John Murphy is a registered investment advisor at MML Investors Services, LLC, based in East Hills, NY, with 24 years of industry experience. John 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
2200 Northern Blvd, Suite 200, East Hills, NY, 11548
Get directionsHistory
Regulatory History (2)
Customer Dispute
October 2020Customer Dispute
December 2016Other Business ActivitiesSells Insurance
John is involved in outside insurance sales, including life, property & casualty, health, group life & health, and fixed annuities, dedicating minimal time to this activity. He also owns John T. Murphy Enterprises LLC for payroll and business acquisition payments, and The Murphy Financial Group, LLC for tax purposes, both requiring minimal time.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
MML Investors Services, LLC
Msi Financial Services, INC.Broker
Edward Jones
Edward JonesBroker
A. G. Edwards & Sons, INC.Broker
State Registrations19 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.