JM
JM

John Mcgowan

35 Years of Experience
Southfield, MI
1 DisclosureBrokerSells Insurance

John Mcgowan is a registered investment advisor at MML Investors Services, LLC, based in Southfield, MI, with 35 years of industry experience. John 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

3000 Town Center, Suites 2900 and 3100, Southfield, MI, 48075

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History

Regulatory History (1)
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Customer Dispute
February 1996
Settled
Other Business ActivitiesSells Insurance

John is an individual life insurance agent since 2018. This activity requires minimal time.

Employment History
Current Registrations
MML Investors Services, LLC
March 2016 - Present · 10 yrs 2 mos
MML Investors Services, LLCBroker
November 2010 - Present · 15 yrs 6 mos
Previous Registrations
First Heartland Capital, INC.Broker
June 2008 - October 2010 · 2 yrs 4 mos
MML Investors Services, INC.Broker
February 2006 - June 2008 · 2 yrs 4 mos
Lincoln Financial Advisors CorporationBroker
June 1998 - January 2006 · 7 yrs 7 mos
Cigna Financial Advisors,inc.Broker
June 1990 - June 1998 · 8 yrs
State Registrations3 states
CAGAMI
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.