# MML Investment Advisers, LLC

> MML Investment Advisers, LLC is an SEC-registered investment advisory firm in Springfield, MA, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 169568
- Filed as: MML INVESTMENT ADVISERS, LLC
- Also doing business as: MASSMUTUAL INVESTMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Springfield, MA
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/169568
- AdvisorCensus page: https://advisorcensus.com/firm/mml-investment-advisers-llc-springfield-ma-169568

## Quick answers

**How is MML Investment Advisers, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MML Investment Advisers, LLC reports these compensation arrangements: a percentage of assets under its management; other.

**Where is MML Investment Advisers, LLC located?**
MML Investment Advisers, LLC's principal office is in Springfield, MA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is MML Investment Advisers, LLC registered with the SEC or a state?**
MML Investment Advisers, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 169568.

**How much does MML Investment Advisers, LLC manage?**
MML Investment Advisers, LLC reports $24,548,284,732 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary).

**How have MML Investment Advisers, LLC's assets and staff changed since 2021?**
In the Form ADV data for MML Investment Advisers, LLC: Regulatory assets under management: $64,336,501,726 in the October 2021 data and $24,548,284,732 in the October 2026 data, down 62%. Total employees: 20 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MML Investment Advisers, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (54); banking or thrift institutions (1); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does MML Investment Advisers, LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/169568

**What changed in MML Investment Advisers, LLC's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Regulatory assets under management (Item 5.F)
- Total: $24,548,284,732
- Discretionary: $24,548,284,732
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 1 | $0 |
| Investment companies | 54 | $24,066,910,412 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $481,374,320 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2013 (12 years)
- Employees: 18 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/169568

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boston, MA

### Websites listed on Form ADV (Item 1.I)
- massmutual.com/mmfunds
- massmutualinvestments.com
- LinkedIn @massmutual-investments

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $64,336,501,726 | 20 | July 30, 2021 |
| October 2022 | $63,828,251,681 | 24 | July 28, 2022 |
| October 2023 | $43,617,454,654 | 25 | October 2, 2023 |
| October 2024 | $45,574,663,201 | 25 | September 26, 2024 |
| October 2025 | $41,001,948,336 | 21 | May 30, 2025 |
| October 2026 | $24,548,284,732 | 18 | September 18, 2026 |

Regulatory assets under management: $64,336,501,726 in the October 2021 data and $24,548,284,732 in the October 2026 data, down 62%.
Total employees: 20 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 12 to 11.

### December 2025
- Employees performing advisory functions went from 15 to 12.
- Regulatory assets under management went from $41,001,948,336 to $23,983,312,107 (-42%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MML Investment Advisers, LLC (CRD 169568): Form ADV filing data as of October 2026.