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John Scheidler

43 Years of Experience
Apple Valley, MN
1 DisclosureBrokerSells Insurance

John Scheidler is a registered investment advisor at MML Investors Services, LLC, based in Apple Valley, MN, with 43 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Retirement Planning. Their firm serves 392,809 clients with $90B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4920 advisors
Number of Clients
392,809 clients
Average Client Portfolio
$229K average
Assets Under Management
$90.0B

Fee Structure

Investment management only (planning not offered)

MML Investors Services manages investment menus for retirement plans and offers a managed account service for participants.

For the overall plan, MMLIS selects and monitors investment options. For participants using the managed account service, fees are charged quarterly, up to a maximum of 0.60% per year of the account value. MMLIS receives 0.10% of this fee, with the remainder going to Morningstar and the recordkeeper. The exact fees vary by recordkeeper and whether the service is a Qualified Default Investment Alternative.

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Location

Apple Valley, MN

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
June 2009
Final
Other Business ActivitiesSells Insurance

John is an independent insurance agent selling life, accident, and health insurance, receiving renewal commissions. He also sells property and casualty insurance, dedicating minimal time to these activities.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 4 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 4 mos
Previous Registrations
Msi Financial Services, INC.
February 2014 - March 2017 · 3 yrs 1 mo
Msi Financial Services, INC.Broker
November 1986 - March 2017 · 30 yrs 4 mos
Metropolitan Life Insurance CompanyBroker
June 1982 - July 2007 · 25 yrs 1 mo
State Registrations1 state
MN
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.