Michael Zager
Michael Zager is a registered investment advisor at MML Investors Services, LLC, based in Fort Lauderdale, FL, 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
401 East Las Olas Blvd, Suite 1220, Fort Lauderdale, FL, 33301
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2021Customer Dispute
May 2001Other Business ActivitiesSells Insurance
Michael is involved with Z Wealth Solutions in a sales role related to life and health insurance, employee benefits, and individual life and disability insurance, dedicating about 10-20% of his time. He also owns Zager Associates, LLC for business expense purposes, employee benefits, and health insurance, but spends minimal time on it. Additionally, Michael is a board member at Nova Southeastern University and owns TYCRAL 1058, LLC, which owns personal property.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
State Registrations10 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.