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Scott Lissansky

25 Years of Experience
Newtown Square, PA
1 DisclosureBrokerSells Insurance

Scott Lissansky is a registered investment advisor at MML Investors Services, LLC, based in Newtown Square, PA, with 25 years of industry experience. Scott 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

16 Campus Blvd, Suite 200, Newtown Square, PA, 19073

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History

Regulatory History (1)
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Customer Dispute
December 2011
Denied
Other Business ActivitiesSells Insurance

Scott owns rental property in Wilkes Barre, PA. He is also an independent insurance agent selling dental, group disability income, life, accident, health, and property & casualty insurance, dedicating minimal time to these activities.

Employment History
Current Registrations
MML Investors Services, LLC
March 2017 - Present · 9 yrs 6 mos
MML Investors Services, LLC
March 2017 - Present · 9 yrs 6 mos
MML Investors Services, LLCBroker
March 2017 - Present · 9 yrs 6 mos
Previous Registrations
Msi Financial Services, INC.
October 2011 - March 2017 · 5 yrs 5 mos
Msi Financial Services, INC.Broker
December 2005 - March 2017 · 11 yrs 3 mos
Metropolitan Life Insurance CompanyBroker
December 2005 - July 2007 · 1 yr 7 mos
Citistreet Equities LLCBroker
January 2002 - December 2005 · 3 yrs 11 mos
VALIC Financial Advisors, INC.Broker
June 2000 - February 2002 · 1 yr 8 mos
The Variable Annuity Marketing CompanyBroker
June 2000 - December 2001 · 1 yr 6 mos
State Registrations10 states
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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.