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Andrew Busby

24 Years of Experience
Chesterfield, MO
BrokerSells Insurance

Andrew Busby is a registered investment advisor at MML Investors Services, LLC, based in Chesterfield, MO, with 24 years of industry experience. Andrew 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

16150 Main Circle Drive, Suite 400, Chesterfield, MO, 63017

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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

Andrew is involved in selling individual life, health, group life, and group health insurance since 2019, dedicating a few hours per week. He is also the treasurer for Lindbergh High School Soccer Booster, spending minimal time approving expenses and fundraising.

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.
May 2016 - March 2017 · 10 mos
Msi Financial Services, INC.Broker
February 2013 - March 2017 · 4 yrs 1 mo
New England SecuritiesBroker
August 2001 - January 2015 · 13 yrs 5 mos
State Registrations18 states
AZCACOCTFLGAILINKSKYMONCNVOHTNTXVAWA
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.
Andrew Busby - Financial Advisor | TrueAdvisor