Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: MassMutual discloses a maximum, individually negotiated rate of 2.07% in its MML Investors Services, LLC – MMLIS Wealth Management Services Portfolio Solutions Programs Wrap Fee Brochure (Form ADV Part 2A Appendix 1) (July 10, 2026). Converted to dollars, that runs $10,350 a year on a $500,000 account; see the full table below for $250,000, $1 million and $2 million.
Fee schedules at comparable advisory firms: Kingsview Partners Fees (2026), Legacy Financial Advisors Fees (2026) and Legacy Wealth Partners Fees (2026).
The published numbers
From the MML Investors Services, LLC – MMLIS Wealth Management Services Portfolio Solutions Programs Wrap Fee Brochure (Form ADV Part 2A Appendix 1) (July 10, 2026): “The Client Fee includes an Execution, Clearing and Custody Fee of 0.06%, a negotiable Advisory Fee up to a maximum of 1.54%, and any applicable fees to Strategists. … Strategist Fees range from 0.05% to 0.47%.”
The published maximum: 2.07% per year.
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $5,175 | 2.07% |
| $500,000 | $10,350 | 2.07% |
| $1,000,000 | $20,700 | 2.07% |
| $2,000,000 | $41,400 | 2.07% |
MMLIS’s Client Fee for the Portfolio Solutions Programs is built from three disclosed components rather than one published schedule: a fixed 0.06% Execution/Clearing/Custody Fee, a negotiable Advisory Fee capped at 1.54% of AUM, and a Strategist Fee ranging 0.05%-0.47% depending on which asset-allocation model/strategist is selected (or 0% if none). Worst-case ceiling = 0.06% + 1.54% + 0.47% = 2.07%, applied uniformly to compute dollar_at as the maximum a client could be charged (250000*0.0207=5175; 500000*0.0207=10350; 1000000*0.0207=20700; 2000000*0.0207=41400). A client’s actual fee would typically be lower depending on the negotiated Advisory Fee and the Strategist Fee of the specific model chosen.
How this compares
Our benchmark of published adviser fee schedules puts the weighted median annual cost near $2,000 to $2,500 on $250,000 (the benchmark). At $500,000, MassMutual’s own published rate components add up to a maximum of $10,350 a year.
Comparing MassMutual against a full move? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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- MML Investors Services, LLC – MMLIS Wealth Management Services Portfolio Solutions Programs Wrap Fee Brochure (Form ADV Part 2A Appendix 1) (July 10, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051357
- SEC Investment Adviser Public Disclosure, MML Investors Services, LLC (CRD #10409): https://adviserinfo.sec.gov/firm/summary/10409
- MML Investors Services, LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/10409/PDF/10409.pdf
Methodology. This page was built September 18, 2026, drawing on MassMutual’s own SEC-filed disclosure and, where cited, its published fee schedule, with sources linked above; any figure we could not independently confirm this session is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
Is MassMutual a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
What does it take to open an account? See MassMutual’s minimum investment, straight from its own Form ADV Part 2A brochure.
Thinking about leaving MassMutual instead of pricing what you would pay to stay? See what it costs to leave, or read the general mechanics of switching financial advisors.
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Weighing whether to move ahead? Read the full MassMutual review, including its fiduciary status and what it costs to leave.
Comparing MassMutual against other options? See MassMutual alternatives, including a lower-fee full-service firm, a flat-fee route, and a robo/hybrid.
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