LM
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Layne Miller

23 Years of Experience
Glastonbury, CT
1 DisclosureBrokerSells Insurance

Layne Miller is a registered investment advisor at MML Investors Services, LLC, based in Glastonbury, CT, with 23 years of industry experience. Layne 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

45 Glastonbury Boulevard, 1st Floor, Glastonbury, CT, 06033

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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
December 2008
Denied
Other Business ActivitiesSells Insurance

Layne is an independent insurance agent since 2007, selling non-MMLIA fixed insurance products, including life, accident, and health. Layne dedicates minimal time to this activity.

Employment History
Current Registrations
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.
February 2007 - March 2017 · 10 yrs 1 mo
Msi Financial Services, INC.Broker
February 2007 - March 2017 · 10 yrs 1 mo
Metropolitan Life Insurance CompanyBroker
February 2007 - July 2007 · 5 mos
Lincoln Financial Advisors Corporation
December 2002 - February 2007 · 4 yrs 2 mos
Lincoln Financial Advisors CorporationBroker
October 2002 - February 2007 · 4 yrs 4 mos
The Lincoln National Life Insurance CompanyBroker
October 2002 - March 2006 · 3 yrs 5 mos
State Registrations13 states
AZCACTDCFLINMAMINJNYRITXVA
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.
Layne Miller - Financial Advisor | TrueAdvisor