Brendan Mcdonald
Brendan Mcdonald is a registered investment advisor at MML Investors Services, LLC, based in New York, NY, with 9 years of industry experience. Brendan 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
155 East 44th St, 12th Floor, New York, NY, 10017
Get directionsHistory
Regulatory History (2)
Regulatory
March 2023Employment Separation After Allegations
February 2021Other Business ActivitiesSells Insurance
Brendan is an insurance broker selling fixed insurance products, including life insurance, fixed annuities, disability, and long-term care, since 2021. He dedicates a few hours per week to this activity.
Employment History
Current Registrations
MML Investors Services, LLC
MML Investors Services, LLC
MML Investors Services, LLCBroker
Previous Registrations
Nylife Securities LLCBroker
State Registrations49 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.