AS
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Armando Sallavanti

5 Years of Experience
Moosic, PA
Broker

Armando Sallavanti is a registered investment advisor at MML Investors Services, LLC, based in Moosic, PA, with 5 years of industry experience. Armando 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

52 Glenmaura Nat Blvd, Ste 202, Moosic, PA, 18507

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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 Activities

Armando owns Sallavanti Consulting LLC, where he facilitates a group of financial advisors and consults on marketing decisions, dedicating minimal time. Armando also owns rental property and receives rental income, spending minimal time on this activity as well.

Employment History
Current Registrations
MML Investors Services, LLC
February 2021 - Present · 5 yrs 3 mos
MML Investors Services, LLCBroker
September 2020 - Present · 5 yrs 8 mos
State Registrations28 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.
Armando Sallavanti - Financial Advisor | TrueAdvisor