AP
AP

Akeem Prosser

15 Years of Experience
Virginia Beach, VA
2 DisclosuresBroker

Akeem Prosser is a registered investment advisor at MML Investors Services, LLC, based in Virginia Beach, VA, with 15 years of industry experience. Akeem 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

222 Central Park Ave., Suite 1100, Virginia Beach, VA, 23462

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History

Regulatory History (2)
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Judgment / Lien
June 2024
Judgment / Lien
May 2024
Other Business Activities

Akeem is a pastor at Seashore Church since 2022, dedicating about 10-20% of his time to teaching and meeting with people. He is also a board member and co-treasurer for RISE Foundation, spending minimal time assisting with advising, accountability, strategy implementation, and cashflow oversight.

Employment History
Current Registrations
MML Investors Services, LLC
August 2018 - Present · 7 yrs 11 mos
MML Investors Services, LLC
August 2018 - Present · 7 yrs 11 mos
MML Investors Services, LLCBroker
August 2018 - Present · 7 yrs 11 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2012 - August 2018 · 6 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
May 2012 - August 2018 · 6 yrs 3 mos
Edward Jones
August 2009 - May 2011 · 1 yr 9 mos
Edward JonesBroker
August 2009 - May 2011 · 1 yr 9 mos
State Registrations17 states
AZCACOFLGAHIMDNCNENMNYOHOKPATXVAWY
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.