Russell Vandersteeg
Russell Vandersteeg is a registered investment advisor at MML Investors Services, LLC, based in Memphis, TN, with 33 years of industry experience. Russell 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
949 Shady Grove Rd S, Ste 300, Memphis, TN, 38120
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2003Other Business ActivitiesSells Insurance
Russell is an insurance agent since 1992, selling dental, group disability income, disability, life/accident/health, and property & casualty insurance, dedicating minimal time outside of trading hours and a few hours per week during trading hours. He also owns SFP Benefits LLC and Strategic Financial Partners LLC, dedicating nearly full-time hours to the latter as owner and operator.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Msi Financial Services, INC.
Msi Financial Services, INC.Broker
New England Securities Corporation
New England SecuritiesBroker
State Registrations53 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.