Msi Financial Services, Inc. (Springfield)

Name: Msi Financial Services, Inc.
Address: 1295 State Street, Springfield, MA, 01111
Telephone: 800-638-8378

Msi Financial Services, 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 2016 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 46 other states.

Msi Financial Services 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.

Msi Financial Services: assets under management

The assets under management (AUM) of Msi Financial Services, Inc. is $13.8 billion. The firm's AUM has grown by 0% 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 Msi Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Msi Financial Services, Inc.

Michael Robert Fanning has been acting as President since 1 Jul 2016. Paul A Lapiana joined the executive team most recently as the Senior Vice President And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marc Allan Cohn	Chief compliance officer, investment adviser	1 Sep 2006	Other	2464524
John Gregory Martinez	Vice president and financial operations principal	1 Jan 2007	Other	2210722
Amy Francella	Vp & associate general counsel	1 Nov 2015	Other	1881552
Orlando Rafael Jr Cruz	President and director	1 Mar 2016	Other	2311194
Massachusetts Mutual Life Insurance Company	Direct owner	1 Jul 2016	75% - 100%	04-1590850
Thomas K Bauer	Vice president	1 Jul 2016	Other	4759472
Paul Anthony Lapiana	Senior vice president	1 Jul 2016	Other	2237245
Mary Bea Wilkinson	Vice president	1 Jul 2016	Other	2159909
David Myers Mink	Chief operations officer	1 Jul 2016	Other	2606831
Wendy Ann Benson	Chief executive officer and director	1 Jul 2016	Other	2140720
John Arthur Vaccaro	Chairman and director	1 Jul 2016	Other	2264004
Michael Robert Fanning	Director	1 Jul 2016	Other	1620072
Elizabeth Ward Chicares	Director	1 Jul 2016	Other	2194754
Orlando Rafael Jr Cruz	Director	1 Oct 2016	Other	2311194
David Michael Holtzer	President and director	1 Oct 2016	Other	4345697
Paul A Lapiana	Senior vice president and director	1 Nov 2016	Other	2237245
David Michael Holtzer	President	1 Nov 2016	Other	4345697
Bruce Carter Frisbie	Assistant treasurer	1 Nov 2016	Other	4971349

Based in Springfield

The principal office where Msi Financial Services, 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 Newtown Square, PA. 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 msi.metlife.com.