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Michael Mcknight

6 Years of Experience
Newtown Square, PA
1 DisclosureBrokerSells Insurance

Michael Mcknight is a registered investment advisor at MML Investors Services, LLC, based in Newtown Square, PA, with 6 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

16 Campus Blvd, Suite 200, Newtown Square, PA, 19073

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2023
Denied
Other Business ActivitiesSells Insurance

Michael is an insurance agent since 2021, selling life, disability, and long-term care insurance. This takes a few hours per week.

Employment History
Current Registrations
MML Investors Services, LLC
March 2020 - Present · 6 yrs 2 mos
MML Investors Services, LLCBroker
October 2019 - Present · 6 yrs 7 mos
State Registrations8 states
CADEFLMAMDNJNYPA
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.
Michael Mcknight - Financial Advisor | TrueAdvisor