James Chesser
James Chesser is a registered investment advisor at MML Investors Services, LLC, based in Champaign, IL, with 37 years of industry experience. James 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
701 Devonshire Dr, Suite B7, Champaign, IL, 61820
Get directionsHistory
Regulatory History (2)
Customer Dispute
November 2016Customer Dispute
September 2016Other Business ActivitiesSells Insurance
James is an insurance agent selling life, disability, long-term care, fixed annuities, and health insurance, dedicating about a quarter of his time. He also owns Exclusive Heart, LLC (healthcare - medical devices) and Chesser Financial, spending full-time hours on client sales, securities, life insurance, annuities, asset management, and advisor oversight.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
On Investment Management CO
The O.N. Equity Sales CompanyBroker
Commonwealth Equity Services, INC.Broker
Kavanaugh Securities, INC.Broker
John Nuveen & CO., IncorporatedBroker
State Registrations35 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.