MG
ChFC
MG
ChFC

Michael Genetti

47 Years of Experience
East Providence, RI
BrokerSells Insurance

Michael Genetti is a ChFC-designated registered investment advisor at MML Investors Services, LLC, based in East Providence, RI, with 47 years of industry experience. Michael 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

501 Wampanoag Trail, Suite 200, East Providence, RI, 02915

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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

Michael is an independent insurance agent selling disability insurance from his business address. This activity requires a few hours per week.

Employment History
Current Registrations
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.Broker
January 2015 - March 2017 · 2 yrs 2 mos
Msi Financial Services, INC.
January 2015 - March 2017 · 2 yrs 2 mos
Baystate Wealth Management
February 2014 - July 2016 · 2 yrs 5 mos
New England Securities Corporation
February 2004 - January 2015 · 10 yrs 11 mos
New England SecuritiesBroker
December 2003 - January 2015 · 11 yrs 1 mo
Veravest Investment Advisors, INC.
May 2000 - December 2003 · 3 yrs 7 mos
Veravest Investments, INC.Broker
August 1978 - December 2003 · 25 yrs 4 mos
State Registrations12 states
CACOFLILMAMEMONHNYRIVAWA
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.