MF
MF

Mayra Fernandez

12 Years of Experience
San Juan, PR
2 DisclosuresBroker

Mayra Fernandez is a registered investment advisor at MML Investors Services, LLC, based in San Juan, PR, with 12 years of industry experience. Mayra 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

Plaza 273 Suite 1400, Ponce De Leon Avenue, San Juan, PR, 00917

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2019
Settled
Customer Dispute
January 2017
Settled
Employment History
Current Registrations
MML Investors Services, LLC
August 2021 - Present · 4 yrs 9 mos
MML Investors Services, LLCBroker
July 2021 - Present · 4 yrs 10 mos
Previous Registrations
Popular Securities, LLC
March 2021 - July 2021 · 4 mos
Popular Securities, LLCBroker
March 2021 - July 2021 · 4 mos
Oriental Financial Services LLC
January 2019 - March 2021 · 2 yrs 2 mos
Oriental Financial Services LLCBroker
April 2016 - March 2021 · 4 yrs 11 mos
UBS Financial Services INC.
August 2012 - December 2013 · 1 yr 4 mos
UBS Financial Services Incorporated of Puerto RicoBroker
September 2011 - May 2014 · 2 yrs 8 mos
UBS Financial Services INC.Broker
July 2011 - May 2014 · 2 yrs 10 mos
State Registrations2 states
MAPR
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.