BA
CFP
BA
CFP

Burak Alpaslan

21 Years of Experience
New York, NY
BrokerSells Insurance

Burak Alpaslan is a CFP-designated registered investment advisor at MML Investors Services, LLC, based in New York, NY, with 21 years of industry experience. Burak 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

155 East 44th St, 12th Floor, New York, NY, 10017

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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

Burak is a managing partner at Vital Planning Group LLC, where he sells life insurance, health insurance, and annuities, dedicating a few hours per week. He also works as a sales agent for life settlements/viaticals and owns multiple rental properties, each requiring minimal time.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
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.
December 2014 - March 2017 · 2 yrs 3 mos
Msi Financial Services, INC.Broker
December 2014 - March 2017 · 2 yrs 3 mos
AXA Advisors, LLC
January 2005 - December 2014 · 9 yrs 11 mos
AXA Advisors, LLCBroker
June 2004 - December 2014 · 10 yrs 6 mos
State Registrations17 states
AZCACTDCFLGAILMAMDNJNYOHPAPRSCTXVA
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.
Burak Alpaslan - Financial Advisor | TrueAdvisor