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Michael Leanch

18 Years of Experience
Springfield, MA
Broker

Michael Leanch is a registered investment advisor at MML Investors Services, LLC, based in Springfield, MA, with 18 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
November 2018 - Present · 7 yrs 6 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
Ameriprise Financial Services, INC.Broker
July 2009 - May 2018 · 8 yrs 10 mos
Ameriprise Financial Services, INC.
June 2009 - May 2018 · 8 yrs 11 mos
Ameriprise Financial Services, INC.
August 2006 - March 2008 · 1 yr 7 mos
Ameriprise Financial Services, INC.Broker
August 2006 - March 2008 · 1 yr 7 mos
State Registrations1 state
FL
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.