MML Investors Services

There are Recent Customer Complaints with Broker Christopher Bailey in Firm MML Investors Services, LLC

February 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Bailey (Bailey), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Bailey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on November 26, 2024.

Without admitting or denying the findings, Bailey consented to the sanction and to the entry of findings that he failed to provide information and documents requested by FINRA in connection to allegations made on a Form U5 by his member firm. The findings stated that Bailey was discharged from his firm in connection with an investigation regarding certain life insurance sales practices including a pattern of incorrect bank account information for premium payments and receipt of advance commissions. Although Bailey produced some documents and information in response to the request, he failed to produce other documents FINRA had requested, including bank statements. During a call with FINRA, Bailey acknowledges that he received the request but will not produce the additional documents at any time.

There are Recent Customer Complaints with Broker Renisha Jackson-rucker in Firm MML Investors Services, LLC

February 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Renisha Jackson-rucker (Jackson-rucker), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jackson-rucker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 04, 2024.

The complainant alleges that she was never told her Variable Annuity account would be closed, nor was it her understanding that her Variable Annuity would be fully withdrawn, and invested into a Fixed Annuity on/or around December 2, 2024. The complainant says she discussed with her registered representative that she would be guaranteed a 10% minimum in growth per year, and the Variable Annuity would remain open.

Broker Thomas Stiles in MML Investors Services, LLC Firm Has Customer Complaint

February 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Stiles (Stiles), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stiles recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $895,869.65 on December 14, 2024.

The complainant’s alleged their registered representative sold them Variable Annuities in/and around 2014 and 2019, which were misrepresented, and unsuitable. The complainants also allege that a Whole Life policy was sold, and that too was unsuitable.

Broker Grant Buster in MML Investors Services, LLC Firm Has Customer Complaint

February 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Grant Buster (Buster), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Buster recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on December 19, 2024.

Rendered investment advice, from a location within Florida, without being registered by the Office.

Broker Lester Hamrick in MML Investors Services, LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lester Hamrick (Hamrick), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hamrick recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.01 on January 07, 2025.

The complainants allege that in/or around February 2021, they began investing with their registered representative, and communicated that they wanted preservation of assets, conservative investments, with only moderate risks, but due to an unsuitable investment strategy, involving high risk unsuitable securities, and a costly whole life insurance strategy, they have lost a significant amount of their life savings. The complainants also allege the Firm failed to supervise the registered representative.

Broker Salvatore Tringali in MML Investors Services, LLC Firm Has Customer Complaint

February 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Salvatore Tringali (Tringali), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Tringali recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 20, 2024.

Without admitting or denying the findings, Tringali consented to the sanctions and to the entry of findings that he certified to the State of New York that he had personally completed 15 hours of continuing education required to renew his state insurance license when, in fact, another person had completed that continuing education on his behalf.

Broker James Unger in MML Investors Services, LLC Firm Has Customer Complaint

February 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Unger (Unger), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Unger recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000.00 on May 05, 2023.

The customer alleged that their variable life insurance policy was misrepresented by the representatives in terms of subaccount returns and premiums being sufficient to fund the policy and the subaccounts being invested into the agreed upon asset allocations throughout the policy’s administration which began in 1999.

There are Recent Customer Complaints with Broker Arkady Milgram in Firm MML Investors Services, LLC

February 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Arkady Milgram (Milgram), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Milgram recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 12, 2024.

The complainant alleges that the Variable Annuity she purchased from the registered representative in/and around June 3, 2014, was unsuitable for her, as it was illiquid, expensive and low performing. The complainant also alleges that Whole Life policies she purchased in/and around December 2008 and August 2010, which were marketed and sold as retirement investments, were misrepresented and unsuitable, given the annual premium costs. The complainant also alleges that the Firm had a fiduciary duty to review the transactions.

There are Recent Customer Complaints with Broker Robert Snider in Firm MML Investors Services, LLC

January 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Snider (Snider), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Snider recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 05, 2024.

The complainants allege that, beginning in 2021, the rep <double_quote>twisted<double_quote> their annuities, which they also allege he misrepresented, were not in their best interests and caused them financial harm.

MML Investors Services, LLC Broker Brian Bradley Has Customer Complaint

January 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Bradley (Bradley), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bradley recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $43,792.00 on December 11, 2024.

The complainant alleges that the fixed annuity that was sold to her in 2019, which was funded by a securities account, was unsuitable and that she was taken advantage of.