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Updated September 18, 2026. Quick answer: It depends which strategy you pick: Portfolio Solutions Programs runs from $5,000 to $50,000, depending on the specific strategy or model portfolio. At the $5,000 low end, MassMutual’s own fee schedule works out to $103.50 a year; strategies at the high end require substantially more.
The minimum, in the firm’s own words
“The minimum initial funding to open an Account in the Portfolio Solutions Programs vary by Strategist and/or Model, and ranges from $5,000 – $50,000.”
On waivability: “the Firm and/or Strategist may consider waiving account minimum requirements at its discretion. … Particular Models may have higher minimum requirements which the Firm cannot waive.”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| Portfolio Solutions Programs (lowest-minimum strategy) | $5,000 | $103.50 | Partially, at the firm’s discretion |
| Portfolio Solutions Programs (highest-minimum strategy) | $50,000 | Varies by strategy | Partially, at the firm’s discretion |
| Source: MML Investors Services, LLC – MMLIS Wealth Management Services Portfolio Solutions Programs Wrap Fee Brochure (Form ADV Part 2A Appendix 1), July 10, 2026 | |||
The $5,000 low end at MassMutual’s disclosed worst-case 2.07% ceiling (0.06% execution/clearing/custody plus up to 1.54% advisory plus up to 0.47% strategist): $5,000 x 2.07% = $103.50.
MassMutual’s own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $5,175 |
| $500,000 | $10,350 |
| $1,000,000 | $20,700 |
| $2,000,000 | $41,400 |
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, MassMutual’s own published fee schedule runs up to $10,350 a year (the sum of the firm’s published maximum fee components); see the full dollar breakdown from MassMutual’s own fee disclosure across several account sizes.
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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, quoting directly from MassMutual’s own current Form ADV Part 2A / wrap-fee brochure, with the source linked above. The annual-fee-at-the-minimum figure applies that same brochure’s own published fee schedule to the disclosed minimum dollar amount; any distinction 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, and it is not a substitute for reading the firm’s own Form ADV Part 2A. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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