Lea Bancroft
Lea Bancroft is a registered investment advisor at MML Investors Services, LLC, based in Mount Morris, NY, with 36 years of industry experience. Lea 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
81 Main St, Mount Morris, NY, 14510
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Lea is a partner in Suzea's LLC (restaurant/bar), a martial arts instructor at Tatsu-Do Karate, and the owner of Bancroft Realty LLC. Lea also works in sales for Bancroft & Associates, selling life, health, group life, and group health insurance, dedicating a few hours per week to each of the karate, real estate, and insurance activities and about a quarter of her time to the restaurant/bar.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
1717 Capital Management CompanyBroker
State Registrations17 states
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