Charles Andersen is a registered investment advisor at MML Investors Services, LLC, based in Denver, CO, with 51 years of industry experience. Charles 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
806-810 E 19th Ave, Denver, CO, 80218
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Regulatory History
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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Charles owns a car wash rental property since 1985, spends minimal time on it. He also owns Executive Compensation Inc providing administrative services for pension and profit sharing plans since 1978, and is a general partner in Andersen Family Partnership for real estate since 2006, dedicating about 10-20% of his time to this.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
MML Investors Services, INC.Broker
Mutual Benefit Financial Service CompanyBroker
State Registrations28 states
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