Robert Lembo
Robert Lembo is a registered investment advisor at MML Investors Services, LLC, based in Rockville, MD, with 39 years of industry experience. Robert 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
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
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.
Location
530 Gaither Road, Suite 350, Rockville, MD, 20850
Get directionsHistory
Regulatory History (2)
Judgment / Lien
January 2014Customer Dispute
November 2006Other Business ActivitiesSells Insurance
Robert has been an independent insurance agent since 1985, selling dental, group disability income, fixed annuities, long-term care, life, accident, and health insurance. This activity requires a few hours per week.
Employment History
Current Registrations
MML Investors Services, LLCBroker
MML Investors Services, LLC
Previous Registrations
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
New England Securities Corporation
New England SecuritiesBroker
Equity Services, INC.Broker
MML Investors Services, INC.Broker
Guardian Investor Services CorporationBroker
New England SecuritiesBroker
Phoenix Equity Planning CorporationBroker
First Investors CorporationBroker
State Registrations14 states
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.