MG
MG

Michael Gilliland

31 Years of Experience
Springfield, MA
Broker

Michael Gilliland is a registered investment advisor at MML Investors Services, LLC, based in Springfield, MA, with 31 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
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

1295 State Street, Springfield, MA, 01111

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History

Regulatory History
Clean regulatory record

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.

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Employment History
Current Registrations
MML Investors Services, LLC
June 2018 - Present · 7 yrs 11 mos
MML Investors Services, LLC
June 2018 - Present · 7 yrs 11 mos
MML Investors Services, LLCBroker
June 2018 - Present · 7 yrs 11 mos
Previous Registrations
Lincoln Financial Securities CorporationBroker
September 2006 - May 2018 · 11 yrs 8 mos
Lincoln Financial Advisors Corporation
March 2001 - May 2018 · 17 yrs 2 mos
Lincoln Financial Advisors CorporationBroker
March 2001 - May 2018 · 17 yrs 2 mos
The Lincoln National Life Insurance CompanyBroker
March 2001 - April 2007 · 6 yrs 1 mo
Phoenixlink Investments INC.Broker
June 1999 - June 2000 · 1 yr
Charter New England Agency, INC.Broker
July 1998 - July 2000 · 2 yrs
W. S. Griffith & CO., INC.Broker
December 1995 - June 2000 · 4 yrs 6 mos
Shawmut Brokerage, INC.Broker
January 1994 - November 1995 · 1 yr 10 mos
State Registrations2 states
CTMA
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.