Fred Harraka is a registered investment advisor at MML Investors Services, LLC, based in Fairfield, NJ, with 2 years of industry experience. Fred 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.
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.
30 Two Bridges Road, Suite 320, Fairfield, NJ, 07004
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Learn about disclosures →Fred owns Fred's Corporate Cleaners, providing dry cleaning pick-up and delivery services, dedicating about a quarter of his time to overseeing production and payroll. He also owns Westside Cleaners, spending minimal time on weekly payroll duties.
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