Michael Hanna
Michael Hanna is a CFP-designated registered investment advisor at MML Investors Services, LLC, based in New York, NY, with 19 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
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
New York, NY
Get directionsHistory
Regulatory History (5)
Customer Dispute
November 2015Regulatory
May 2011Customer Dispute
February 2010Customer Dispute
September 2009Customer Dispute
March 2009Other Business ActivitiesSells Insurance
Michael is involved in outside insurance sales as an owner/agent since 2016, dedicating about 10-20% of his time to selling individual life/health, P&C, group life/health, and fixed annuities. He also writes a book on general money matters and owns rental property, requiring minimal time commitments.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Msi Financial Services, INC.Broker
AXA Advisors, LLC
AXA Advisors, LLCBroker
State Registrations31 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.