MM
MM

Michael Mcdermott

42 Years of Experience
Lancaster, PA
3 DisclosuresBrokerSells Insurance

Michael Mcdermott is a registered investment advisor at MML Investors Services, LLC, based in Lancaster, PA, with 42 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Retirement Planning. Their firm serves 454,836 clients with $120B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5086 advisors
IM Fee
Planning only
Assets Under Management
$115.6B

Fee Structure

Investment management only (planning not offered)

Detailed fee information is not available for this advisor. View their full brochure on SEC.gov for fee details.

Loading...

Location

114 Foxshire Drive, Lancaster, PA, 17601

Get directions

History

Regulatory History (3)
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.
Customer Dispute
July 2014
Denied
Customer Dispute
February 2014
Settled
Customer Dispute
August 2013
Denied
Other Business ActivitiesSells Insurance

Michael is a life insurance agent since 2017, dedicating a few hours per week to this activity. This activity is investment-related.

Employment History
Current Registrations
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 7 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 7 mos
Previous Registrations
Msi Financial Services, INC.
September 2007 - March 2017 · 9 yrs 6 mos
Msi Financial Services, INC.Broker
January 1987 - March 2017 · 30 yrs 2 mos
Metropolitan Life Insurance CompanyBroker
March 1984 - July 2007 · 23 yrs 4 mos
State Registrations3 states
ARFLPA
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.
More Advisors