Subscribe

MML loses $400 million team to Commonwealth

Innovative Financial Solutions is based in Bloomington, Ind., and Palm Coast, Fla.

A four-adviser team managing $400 million in assets at MML Investors Services has affiliated with Commonwealth Financial Network.

Innovative Financial Solutions, based in Bloomington, Ind., and Palm Coast, Fla., is led by partners William Verhagen, Christopher Harmon and Ian Essling. The team includes financial adviser Mark Kraus and staff.

(More: Trap Kloman to become president and COO of Commonwealth Financial)

Each of the partners has spent many years with insurance company-owned broker-dealers.

(More: 10 biggest adviser moves in the first half of 2018)

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

Raymond James adds advisor from Wells Fargo

South Florida-based advisor had been overseeing $105 million in client assets at Wells.

Dimon says AI could be ‘transformational’

JPMorgan Chase's CEO says AI's impact on the economy could equal that of the steam engine.

Commonwealth case sends crystal-clear message

KO blow from the SEC offers pointed lesson: Don’t fight Uncle Sam

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print