Michael Cotton
Michael Cotton is a registered investment advisor at MML Investors Services, LLC, based in Chicago, IL, with 33 years of industry experience. Michael 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
30 S Wacker Drive, Suite 2700, Chicago, IL, 60606
Get directionsHistory
Regulatory History (2)
Customer Dispute
September 2014Customer Dispute
March 2010Other Business ActivitiesSells Insurance
Michael is an independent insurance agent selling life, accident, and health insurance since 2015, and owns real estate/rental property since 2014. He also owns MICCOT LLC since 2016 and works as a clerk at South Shore Golf Course, dedicating minimal time to each of these activities.
Employment History
Current Registrations
MML Investors Services, LLCBroker
MML Investors Services, LLC
Previous Registrations
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
Fifth Third Securities, INC.Broker
Fifth Third Securities, INC.
Citigroup Global Markets INC.Broker
Citigroup Global Markets INC.
Citicorp Investment Services
Citicorp Investment ServicesBroker
National Securities CorporationBroker
Madison Securities, INC.Broker
Oak Ridge Investments, INC.Broker
Prudential Securities IncorporatedBroker
Lehman Brothers INC.Broker
Chatfield Dean & CO., INC.Broker
State Registrations19 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.