MMI Asset Management Services, LLC logo

MMI Asset Management Services, LLC

Updated today

Total assets under management

$13,929,999

Total clients

66

20% high-net worth

Total advisors

1

of 2 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

66

Average account size

$211,061

About

MMI Asset Management Services provides investment advice and financial consulting primarily to individual and high net worth clients, and also works with businesses, trusts, and retirement plans. Services described in its brochure include financial planning and consulting, educational newsletters and workshops, and referrals to third‑party money managers.

The firm outsources portfolio management to third‑party managers and co‑advisory platforms (including AssetMark), and notes that a substantial portion of its assets are managed on a non‑discretionary basis. Clients may receive wrap or non‑wrap managed account options through these platforms, and the firm’s role includes assessing client objectives, recommending managers, and acting as a communication conduit rather than directly trading most portfolios.

MMI operates under the trade name MMI Financial Group and discloses affiliations with insurance businesses and a recently disclosed relationship with Jackson National Life Insurance Company, and its representatives are licensed to sell insurance and annuity products. The brochure also highlights potential conflicts of interest: the firm receives solicitor or referral compensation from some third‑party managers, may receive commissions or other incentives for insurance products, and notes limits on its ability to manage annuity contract investments to the options available within those contracts.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Annuities

Fee options

Fixed

Fixed fee typically ranges from $0 (or waived fee) up to a maximum of $10,000

Percentage

$0 - $125,000: 1.25% $125,001 - $500,000: 1.15% $500,001 - $1,000,000: 1.00% Over $1,000,001+: Negotiable

Project-based

Hourly fee typically ranges from $0 (or waived fee) up to a maximum of $500 per hour

Other

Minimum fee: Hourly fee typically ranges from $0 (or waived fee) up to a maximum of $500 per hour; Fixed fee typically ranges from $0 (or waived fee) up to a maximum of $10,000 Fee-only: Asset management fees based on assets under management; financial consulting fees charged hourly or fixed fees

Main office location

MMI Asset Management Services, LLC

120 W. Exchange Street, Suite 103 A

Owosso MI 48867, United States

Number of offices

1

Most active in

Michigan

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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