Metlife Securities Inc. (Springfield)

Name: Metlife Securities Inc.
Address: 1295 State Street, Springfield, MA, 01111
Telephone: 800-638-8378

Metlife Securities Inc. is a large advisory firm based in Springfield. It manages $13.8 billion of regulatory assets for 105,831 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 46 other states.

Metlife Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 3,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Metlife Securities: assets under management

The assets under management (AUM) of Metlife Securities Inc. is $13.8 billion. The firm's AUM has grown by 1996% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.73 billion in discretionary accounts and $10.08 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $198.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $115.81 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Metlife Securities Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Metlife Securities Inc.

Paul Anthony Lapiana has been acting as President since 1 Jan 2012. Massachusetts Mutual Life Insurance Company joined the executive team most recently as the Direct Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Metropolitan Life Insurance Company	Mutual insurance company	1 Mar 1868	75% - 100%	4095
Metropolitan Life Insurance Company	Mutual insurance company	1 Mar 1968	75% - 100%	4095
Gary Edwin Lineberry	Director	1 Nov 1995	Other	310163
Vincent Gerard Vitiello	Director	1 Nov 1995	Other	1059845
Richard Raymond Tartre	Director	1 Jan 1997	Other	442739
Myra Leslie Saul	Secretary	1 Jan 1997	Other	2870366
Paul David Hipworth	Chief financial officer	1 Jan 1997	Other	2798832
Leonard Mark Bakal	Vice-president & compliance director	1 Jan 1997	Other	2537778
William James Wheeler	Treasurer	1 Apr 1998	Other	1208521
Joseph William Jordan	Director	1 Apr 1999	Other	1038696
Tom M Wirtshafter	Director	1 Apr 1999	Other	1042793
Donn George Jr Sharer	Director & senior vice president	1 Jun 1999	Other	2055118
George Christ	President	1 Aug 1999	Other	1743431
Inc. Metlife	Direct owner	1 Apr 2000	75% - 100%	13-4075851
David M. Acselrod	Director	1 Apr 2000	Other	xxx-xx-xxxx
Nicholas Lawrence Iii Brecker	Director	1 Apr 2000	Other	xxx-xx-xxxx
Jeffrey Alexander Wilk	Director	1 Apr 2000	Other	xxx-xx-xxxx
David Acselrod	Director	1 Apr 2000	Other	4606203
William Michael Dilodovico	Operations principal	1 May 2000	Other	2184004
Thomas Warren Mcconnell	Director & chairman of the board	1 Nov 2000	Other	xxx-xx-xxxx
Leland C. Launer	Treasurer	1 Mar 2001	Other	xxx-xx-xxxx
Anthony J Williamson	Treasurer	1 Oct 2001	Other	xxx-xx-xxxx
Jonathan Marc Rozek	Vice president	1 Dec 2001	Other	xxx-xx-xxxx
Thomas Warren Mcconnell	President	1 Jun 2002	Other	xxx-xx-xxxx
Richard Joseph Miller	Director & chairman of the board	1 Sep 2002	Other	xxx-xx-xxxx
Gary Richard Schulte	Director	1 Sep 2002	Other	xxx-xx-xxxx
Richard Joseph Miller	President, director & chairman of the board	1 Nov 2002	Other	xxx-xx-xxxx
Jose Isidro Martinez	Assistant vice president	1 Jan 2003	Other	1731896
Robert Joseph Costello	Director of operations and services	1 Jan 2003	Other	1349716
Daniel Joseph Flynn	National sales director	1 Mar 2003	Other	2371041
Bette Skandalis	Vice-president, financial planning services	1 Apr 2003	Other	1565251
Charles Edward Jr Fuller	Director of advisory products	1 May 2003	Other	1689277
Michael Kevin Farrell	President & ceo	1 Aug 2003	Other	854508
Craig William Markham	President	1 Sep 2003	Other	1383638
Virgelan Ernesto Aquino	Director of operations and services	1 Oct 2004	Other	2976229
Leonard Mark Bakal	Chief compliance officer & money laundering compliance officer	1 Oct 2004	Other	2537778
Paul Etienne Regard	Director of advisory products	1 Oct 2004	Other	xxx-xx-xxxx
Michael Kevin Farrell	Director	1 Oct 2004	Other	854508
William John Toppeta	Director	1 Oct 2004	Other	2835140
Nancy Louise Ricciardi	Options principal	1 Dec 2004	Other	1901005
Nancy Louise Ricciardi	Senior registered options principal	1 Feb 2005	Other	1901005
Gwenn Carr	Secretary	1 Feb 2005	Other	xxx-xx-xxxx
Daniel Joseph Flynn	National sales director, financial planning services	1 Apr 2005	Other	2371041
Paul G. Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Andre Theodore Carrier	Senior registered options principal and compliance registered options principal	1 Oct 2005	Other	2257728
Robert Begun	Co-chief operations officer	1 Dec 2005	Other	4436053
Jeffrey Paul Halperin	Anti-money laundering officer	1 Aug 2006	Other	2899327
James Dwyer	Vice president, licensing and registration	1 Aug 2006	Other	xxx-xx-xxxx
Marc Allan Cohn	Chief compliance officer, investment adviser	1 Sep 2006	Other	2464524
David Michael Holtzer	Chief compliance officer, broker dealer	1 Sep 2006	Other	4345697
John Gregory Martinez	Vice president and financial operations principal	1 Jan 2007	Other	2210722
Margaret Claire Fechtmann	Co-president, msi operations and director	1 May 2007	Other	1066520
Thomas George Jr Hogan	Co-president, msi mlr distribution and director	1 May 2007	Other	5088432
Maria Morris	Co-president, msi employee benefits and director	1 May 2007	Other	4683112
Michael Joseph Vietri	Co-president, msi distribution and director	1 May 2007	Other	1068983
Eric Steigerwalt	Treasurer	1 May 2007	Other	xxx-xx-xxxx
Craig William Markham	Chief operating officer	1 May 2007	Other	1383638
Michael J Lacek	Chief legal officer	1 Mar 2008	Other	xxx-xx-xxxx
John Joseph Brett	Chairman of the board	1 Mar 2008	Other	726194
Donald Roy Kaplan	Chief compliance officer, broker dealer	1 Dec 2008	Other	1727509
Anthony Jay Nugent	Executive vice president, employee benefits and director	1 May 2009	Other	1380505
Thomas George Jr Hogan	Senior vice president, mlr distribution	1 May 2009	Other	5088432
Michael Joseph Vietri	Executive vice president, individual distribution and director	1 May 2009	Other	1068983
John Joseph Brett	President and chairman	1 May 2009	Other	726194
Steven Charles Day	Senior vice president, individual distribution	1 May 2009	Other	1135434
Steven Jeffrey Goulart	Treasurer	1 Aug 2009	Other	xxx-xx-xxxx
Jeffrey A Welikson	Secretary	1 Aug 2009	Other	4731011
Isaac Torres	Secretary	1 May 2010	Other	xxx-xx-xxxx
Paul Anthony Lapiana	Director	1 Jan 2012	Other	2237245
Elizabeth Mary Forget	Director	1 Jun 2012	Other	2767945
Paul Anthony Lapiana	Director	1 Jun 2012	Other	2237245
Andre Theodore Carrier	Chief operations officer	1 Apr 2013	Other	2257728
Rashid Ismail	President and chairman	1 Apr 2013	Other	5860331
Elizabeth Mary Forget	Director and chairman	1 Jun 2013	Other	2767945
Jeffrey Paul Halperin	Chief compliance officer, broker-dealer	1 Aug 2013	Other	2899327
Tyla Lynn Reynolds	Secretary	1 Mar 2014	Other	xxx-xx-xxxx
Robert Joseph Costello	Chief operations officer	1 Jun 2014	Other	1349716
Sean Andrew Murphy	Vice-president	1 Jul 2014	Other	1963911
David Myers Mink	Chief operations officer	1 Sep 2014	Other	2606831
Tina Marie Honkus	Vice-president, licensing and registration	1 Dec 2014	Other	1288648
Orlando Rafael Jr Cruz	President and director	1 Dec 2014	Other	2311194
Myles Joseph Lambert	Director	1 Feb 2015	Other	3107551
Amy Francella	Vp & associate general counsel	1 Nov 2015	Other	1881552
Orlando Rafael Jr Cruz	President and director	1 Mar 2016	Other	2311194
Mary Bea Wilkinson	Director	1 Mar 2016	Other	2159909
Massachusetts Mutual Life Insurance Company	Direct owner	1 Jul 2016	75% - 100%	04-1590850

Based in Springfield

The principal office where Metlife Securities Inc. performs its advisory services is located at 1295 State Street, Springfield, MA 01111 The mailing address of the firm is 1295 State Street, Springfield, MA 01111. An additional office of the firm is in Shelton, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-638-8378. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at metlife.com.