MILLS WEALTH ADVISORS, LLC
Adviser information for MILLS WEALTH ADVISORS, LLC last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Texas, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,336 | $313.0M |
| Non-Discretionary | 201 | $33.3M |
| Total | 1,537 | $346.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 210 | $55.8M |
| HNW Individuals | 136 | $284.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 2 | $165,941 |
| Pension and profit sharing plans | <5 | $1.5M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 5 | $4.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers)CONSULTING |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-110251 |
|---|---|
| SEC ERA File Number | 801-110251 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 159251 |
| Legal Entity Identifier | None |
Principal Office
1207 S. WHITE CHAPEL BLVDSUITE 150
SOUTHLAKE
TX
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 817-416-7300, Fax: 817-416-7307
Chief Compliance Officer
MICHAEL A. MILLS
PRESIDENT
1207 S. WHITE CHAPEL BLVD
SUITE 150
SOUTHLAKE
TX
United States
Tel:
817-416-7300
Fax:
817-416-7307
M***@**********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| LS MWA LOAN 2 | Securitized Asset Fund | $0.0M | $0.0M | 15 |
| MILLS EQUITY FUND II, LP | Private Equity Fund | $0.2M | $0.0M | 39 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MILLS, MICHAEL, ALAN | Individual | – | PRESIDENT/CHIEF COMPLIANCE OFFICER | 04/2003 | > 75% |
| NELSON, STEPHEN, BROOKS | Individual | – | PARTNER, SHAREHOLDER | 01/2022 | 5-10% |