NH
NH

Nidal Hamameh

21 Years of Experience
Southfield, MI
BrokerSells Insurance

Nidal Hamameh is a registered investment advisor at MML Investors Services, LLC, based in Southfield, MI, with 21 years of industry experience. Nidal 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

3000 Town Center, Suites 2900 and 3100, Southfield, MI, 48075

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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

Nidal is an independent insurance agent since 2004, handling life insurance renewals. He also owns Nidal Hamameh Financial Services LLC, providing financial services for investments, insurance, and annuities, dedicating about a quarter of his time to this.

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.
October 2015 - March 2017 · 1 yr 5 mos
Msi Financial Services, INC.Broker
January 2015 - March 2017 · 2 yrs 2 mos
New England SecuritiesBroker
March 2007 - January 2015 · 7 yrs 10 mos
Foresters Equity Services, INC.Broker
September 2004 - March 2007 · 2 yrs 6 mos
H&r Block Financial Advisors, INC.Broker
November 2003 - February 2004 · 3 mos
State Registrations15 states
AZCAFLILINMAMIMONCNYOHSCTXVAWI
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.
Nidal Hamameh - Financial Advisor | TrueAdvisor