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Gil Hannon

32 Years of Experience
Homer Glen, IL
1 DisclosureBrokerSells Insurance

Gil Hannon is a registered investment advisor at MML Investors Services, LLC, based in Homer Glen, IL, with 32 years of industry experience. Gil 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
4920 advisors
Number of Clients
392,809 clients
Average Client Portfolio
$229K average
Assets Under Management
$90.0B

Fee Structure

Investment management only (planning not offered)

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.

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Location

14228 S Bell Road, Homer Glen, IL, 60491

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History

Regulatory History (1)
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
March 2003
Settled
Other Business ActivitiesSells Insurance

Gil is an insurance broker selling property/casualty and health insurance products since 1993, dedicating a few hours per week. He also works as a USCG licensed captain, chartering passengers in Chicago, taking up a significant amount of his time, and refers business for P&C to CFC, LLC, dedicating minimal time.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 2 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 2 mos
Previous Registrations
Msi Financial Services, INC.
February 1998 - March 2017 · 19 yrs 1 mo
Msi Financial Services, INC.Broker
April 1993 - March 2017 · 23 yrs 11 mos
Metropolitan Life Insurance CompanyBroker
April 1993 - July 2007 · 14 yrs 3 mos
State Registrations3 states
ILINOH
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.