Pedro Rivera
Pedro Rivera is a registered investment advisor at MML Investors Services, LLC, based in San Juan, PR, with 18 years of industry experience. Pedro 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
Plaza 273 Suite 1400, Ponce De Leon Avenue, San Juan, PR, 00917
Get directionsHistory
Regulatory History (2)
Customer Dispute
October 2018Customer Dispute
March 2018Other Business Activities
Pedro works as a sales/service representative for Vector Marketing at Cutco, assisting customers with cutlery repairs and replacements under the company's guarantee. This work takes minimal time, primarily on weekends.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Aegis Capital CORP.
Riwm, LLC
Aegis Capital CORP.Broker
Oriental Financial Services CORP.Broker
UBS Financial Services INC.Broker
UBS Financial Services Incorporated of Puerto RicoBroker
State Registrations2 states
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.