Mikael Lee
Mikael Lee is a registered investment advisor at MML Investors Services, LLC, based in Redwood City, CA, with 21 years of industry experience. Mikael 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
555 Twin Dolphin Dr, Ste 320, Redwood City, CA, 94065
Get directionsHistory
Regulatory History (2)
Customer Dispute
December 2016Employment Separation After Allegations
October 2015Other Business Activities
Mikael owns a boba tea shop called Lee's Teahouse Inc. since 2019, dedicating a few hours per week. He also owns rental property since 2021, spending minimal time as a landlord.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLCBroker
MML Investors Services, LLC
Previous Registrations
Msi Financial Services, INC.Broker
Msi Financial Services, INC.
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
U.S. Bancorp Investments, INC.
U.S. Bancorp Investments, INC.Broker
State Registrations8 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.