PB
PB

Parker Babbe

12 Years of Experience
Greenville, SC
BrokerSells Insurance

Parker Babbe is a registered investment advisor at MML Investors Services, LLC, based in Greenville, SC, with 12 years of industry experience. Parker 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

Greenville, SC

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Parker is involved in several outside business activities, including insurance sales (life, health, and annuities) since 2015, and property/casualty and commercial insurance sales since 2024. He also owns rental properties, is a member of a real estate syndication, owns an e-commerce business, and owns/manages several LLCs, dedicating about a quarter of his time to Our Wealth Guide Inc.

Employment History
Current Registrations
MML Investors Services, LLC
October 2014 - Present · 11 yrs 7 mos
MML Investors Services, LLCBroker
September 2014 - Present · 11 yrs 8 mos
Previous Registrations
Northwestern Mutual Investment Services,llc
July 2014 - September 2014 · 2 mos
Northwestern Mutual Investment Services, LLCBroker
April 2013 - September 2014 · 1 yr 5 mos
State Registrations30 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.