# MML Investors Services, LLC

> MML Investors Services, LLC is an SEC-registered investment advisory firm in Springfield, MA, registered since 1993, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.

- CRD: 10409
- Filed as: MML INVESTORS SERVICES, LLC
- Also doing business as: IN GOOD COMPANY, MASSMUTUAL PRIVATE WEALTH, MASSMUTUAL WEALTH MANAGEMENT, MML INVESTORS SERVICES, THE ESTABLISHMENT, THE ESTABLISHMENT BY BARNUM FINANCIAL GROUP, THE ESTABLISHMENT BY MASSMUTUAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Springfield, MA
- Filing period: October 2026
- Form ADV filing dated: September 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/10409
- AdvisorCensus page: https://advisorcensus.com/firm/mml-investors-services-llc-springfield-ma-10409

## Quick answers

**How is MML Investors Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MML Investors Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is MML Investors Services, LLC located?**
MML Investors Services, LLC's principal office is in Springfield, MA, according to its Form ADV; the October 2026 filing also lists 23 other offices (Schedule D, Section 1.F).

**Is MML Investors Services, LLC registered with the SEC or a state?**
MML Investors Services, LLC is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 10409.

**How much does MML Investors Services, LLC manage?**
MML Investors Services, LLC reports $115,638,239,231 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (61% discretionary).

**How have MML Investors Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for MML Investors Services, LLC: Regulatory assets under management: $49,002,336,032 in the October 2021 data and $115,638,239,231 in the October 2026 data, up 136%. Total employees: 7,955 in October 2021 and 6,976 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MML Investors Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (447,952); pension and profit sharing plans (but not the plan participants or government pension plans) (3,379); corporations or other businesses not listed above (1,873).

**Which custodians does MML Investors Services, LLC use?**
MML Investors Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does MML Investors Services, LLC report any disciplinary disclosures?**
Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.E(4)). 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/10409

**What changed in MML Investors Services, 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
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $115,638,239,231
- Discretionary: $70,673,328,452
- Non-discretionary: $44,964,910,779

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 447,952 | $105,772,322,686 |
| High net worth individuals | 885 | $6,158,206,270 |
| Banking or thrift institutions | 12 | $91,621,371 |
| Investment companies | 1 | $85,766 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3,379 | $1,438,328,823 |
| Charitable organizations | 733 | $306,714,830 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| 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 | 1,873 | $1,870,959,485 |
| Other | 1 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 1993 (33 years)
- Employees: 6,976 total, 4,961 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 7 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 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?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

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/10409

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Amherst, NY
- Atlanta, GA
- Boston, MA
- Charlotte, NC
- Chesterfield, MO
- Chicago, IL
- East Hills, NY
- Elmsford, NY
- Ft. Lauderdale, FL
- Houston, TX
- Indianapolis, IN
- Iselin, NJ
- Mechanicsburg, PA
- New York, NY
- Newport Beach, CA
- Newtown Square, PA
- Radnor, PA
- Rochester, NY
- Shelton, CT
- Southfield, MI
- Wakefield, MA
- Wall Township, NJ
- Wellesley, MA

### Websites listed on Form ADV (Item 1.I)
- [fortunainvests.com](https://fortunainvests.com)
- [ingoodcompanyboston.com](https://ingoodcompanyboston.com)
- [mmlinvestors.com](https://mmlinvestors.com)
- Facebook @INGOODCOMPANYMASSMUTUAL
- Instagram @INGOODCOMPANYMM
- LinkedIn @INGOODCOMPANYMM
- X @INGOODCOMPANYMM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $49,002,336,032 | 7,955 | September 29, 2021 |
| October 2022 | $62,946,222,947 | 7,620 | September 16, 2022 |
| October 2023 | $58,787,051,166 | 7,379 | September 29, 2023 |
| October 2024 | $72,827,710,537 | 7,130 | August 6, 2024 |
| October 2025 | $90,021,969,258 | 7,056 | July 22, 2025 |
| October 2026 | $115,638,239,231 | 6,976 | September 3, 2026 |

Regulatory assets under management: $49,002,336,032 in the October 2021 data and $115,638,239,231 in the October 2026 data, up 136%.
Total employees: 7,955 in October 2021 and 6,976 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Added the business name Massmutual Wealth Management.
- Employees performing advisory functions went from 4935 to 4961.
- Regulatory assets under management went from $90,021,969,258 to $115,638,239,231 (+28%).
- Changed its office addresses in Boston, MA.
- Changed its office addresses in Indianapolis, IN.
- Changed its office addresses in Newport Beach, CA.
- Added an office in Houston, TX.
- Added an office in Iselin, NJ.
- Added an office in New York, NY.
- Added an office in Radnor, PA.
- No longer lists an office in Bala Cynwyd, PA.
- No longer lists an office in Dallas, TX.
- No longer lists an office in Hunt Valley, MD.
- No longer lists an office in McLean, VA.

### February 2026
- Added the business name Massmutual Private Wealth.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MML Investors Services, LLC (CRD 10409): Form ADV filing data as of October 2026.