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Alex Vasichek

12 Years of Experience
Fargo, ND
1 DisclosureBroker

Alex Vasichek is a registered investment advisor at MML Investors Services, LLC, based in Fargo, ND, with 12 years of industry experience. Alex 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

3186 Sienna Dr. S, Fargo, ND, 58104

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History

Regulatory History (1)
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Regulatory
October 2015
Final
Other Business Activities

Alex is the president of Perth Properties, a rental property, since 2017, and the vice-president of LADs, LLC, a commercial rental space landlord, since 2022. Alex spends minimal time on each of these activities.

Employment History
Current Registrations
MML Investors Services, LLC
September 2018 - Present · 7 yrs 8 mos
MML Investors Services, LLCBroker
May 2013 - Present · 13 yrs
State Registrations10 states
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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.