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MML Investment Advisers

SEC-registered adviser since 2013Springfield, MACRD 169568

$24.5B
AUM
56
Clients
See fees
Fee
11
Advisory staff

From Form ADV filed 18 September 2026 · data retrieved 15 October 2026SEC record

MML Investment Advisers is an investment adviser headquartered in Springfield, Massachusetts, and registered with the SEC since 2013. Its clients include investment companies, pooled investment vehicles and banking or thrift institutions.

Its services include portfolio management for investment companies and selecting other managers. Fee arrangements include a percentage of assets under management and other arrangements. Massachusetts Mutual Life Insurance Company owns 75% or more of MML Investment Advisers.

Clients

MML Investment Advisers serves 56 clients, 54 of them investment companies. The average client has about $438 million with the firm.

Regulatory assets by client type
  • Investment companies54 clients98%
  • Pooled investment vehicles1 clients2%
Show client breakdown
Banking or thrift institutions
Clients
1
Regulatory AUM
$0
Share
0.0%
Avg. per client
$0
Investment companies
Clients
54
Regulatory AUM
$24,066,910,412
Share
98.0%
Avg. per client
$445.7M
Pooled investment vehicles
Clients
1
Regulatory AUM
$481,374,320
Share
2.0%
Avg. per client
$481.4M

Total

Clients
56
Regulatory AUM
$24,548,284,732
Share
100%
Avg. per client
$438.4M

What it does

MML Investment Advisers provides portfolio management for investment companies and selecting other managers. It is paid through a percentage of assets and other arrangements.

MML Investment Advisers advises no private funds.

100.0% of assets ($24.55B across 55 accounts) are managed with discretion. 0% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.

Custodians

MML Investment Advisers does not have custody of client assets.

Managed account assets by custodian
  • All other custodians$24.55B100%

Ownership and leadership

Massachusetts Mutual Life Insurance Company owns 75% or more of MML Investment Advisers.

Who owns the firm
MML Investment Advisers, LLC· the adviser

  • Massachusetts Mutual Life Insurance Company

    Control person · since September 2013

    Owns 75% or more of MML Investment Advisers, LLC

Leadership

  • Douglas Steele
    President and Director
  • Philip Wellman
    Chief Compliance Officer and Vice President
  • Frank Rispoli
    Chief Financial Officer and Treasurer
  • Gregory Giardiello
    Director
  • Patrice Sabach
    Director

Staff

  • 18 employees
  • 11 in advisory functions
  • 7 broker-dealer reps

Fees

MML Investment Advisers is paid through a percentage of assets under management and other.

MML Investment Advisers’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, MML Investment Advisers has 1 office, with 2 listed addresses in 1 state.

Listed office addresses by state

Massachusetts · 2 listed addresses

  • 1295 State Street, SpringfieldHQ
  • 10 Fan Pier BLVD, Boston

Other business names

MML Investment Advisers has reported 1 other business name to the SEC.

  • Massmutual Investments

Registration details

Legal name
MML Investment Advisers, LLC
Headquarters
1295 State Street, Springfield, MA 01111-0001
Phone
413-744-1000
Website
Not reported
SEC file
801-78778
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does MML Investment Advisers have?

MML Investment Advisers has 56 clients and manages $24.5 billion for them, as of September 2026. They include 54 investment companies, 1 banking or thrift institutions and 1 pooled investment vehicles.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026

What services does MML Investment Advisers offer?

MML Investment Advisers provides portfolio management for investment companies and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does MML Investment Advisers have?

MML Investment Advisers has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 11 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns MML Investment Advisers?

MML Investment Advisers’ direct owner is Massachusetts Mutual Life Insurance Company (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 18 September 2026

How does MML Investment Advisers get paid?

MML Investment Advisers is paid through a percentage of assets under management and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 18 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 169568.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with MML Investment Advisers, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.