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Lyndon Lapasaran

15 Years of Experience
Arlington Heights, IL
2 DisclosuresBroker

Lyndon Lapasaran is a registered investment advisor at MML Investors Services, LLC, based in Arlington Heights, IL, with 15 years of industry experience. Lyndon 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

Arlington Heights, IL

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History

Regulatory History (2)
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Judgment / Lien
July 2025
Judgment / Lien
June 2025
Other Business Activities

Lyndon is a licensed real estate broker with United Real Estate in Chicago, assisting buyers and sellers. This takes about 10-20% of his time, with no time spent during SEC trading hours.

Employment History
Current Registrations
MML Investors Services, LLC
April 2011 - Present · 15 yrs 5 mos
MML Investors Services, LLCBroker
August 2010 - Present · 16 yrs 1 mo
State Registrations3 states
CAILIN
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.