Joseph Duffy
Joseph Duffy is a registered investment advisor at MML Investors Services, LLC, based in Smithtown, NY, with 15 years of industry experience. Joseph 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
Smithtown, NY
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
May 2018Other Business ActivitiesSells Insurance
Joseph is a financial advisor at a non-MMLIA insurance brokerage since 2020, spending minimal time there. He also owns JTDUFFY Services, LLC, a shell/holding company and LLC passthrough for MassMutual and MMLIS business, and is a partial owner of The Spotlight Project, LLC, an ecommerce jewelry business.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Eagle Strategies LLC
Nylife Securities LLCBroker
J.P. Morgan Securities LLC
J.P. Morgan Securities LLCBroker
Citigroup Global Markets INC.Broker
Metlife Securities INC.Broker
Waddell & Reed, INC.Broker
State Registrations19 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.