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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)

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