MILLIMAN FINANCIAL RISK MANAGEMENT LLC
Adviser information for MILLIMAN FINANCIAL RISK MANAGEMENT LLC last updated from Form ADV on March 31st, 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 | Delaware, United States |
Employees
| Total Number of Employees | 182 |
|---|---|
| Investment Advisory/Research | 134 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 168 | $29.2B |
| Non-Discretionary | 1 | $13.7B |
| Total | 169 | $42.9B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 55 | $20.8B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 4 | $1.7B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 17 | $20.4B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 3 |
| No. of Non-U.S. Clients | 16 |
Services
| Advisory Services | Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
71 S. WACKER DR.31ST FLOOR
CHICAGO
IL
United States
Monday - Friday, 8:30AM - 5:30PM CT
Tel: 312-726-0677, Fax: 312-499-5700
Chief Compliance Officer
SUSAN PUZ
1301 FIFTH AVENUE
SUITE 3800
SEATTLE
WA
United States
Tel:
206 504 5925
S********@***********M
(Full email address available in API data)
Regulatory Contact
EHSAN SHEIKH
SENIOR COUNSEL
71 S. WACKER DRIVE
31ST FLOOR
CHICAGO
IL
United States
Tel:
312 577 2915
E***********@***********M
(Full email address available in API data)
Industry Affiliates
| MILLIMAN ADVISORS, LLC | Other investment adviser, including financial plannersPension consultant |
| MILLIMAN FINANCIAL STRATEGIES B.V. | Other investment adviser, including financial planners |
| MILLIMAN FINANCIAL STRATEGIES LIMITED | Other investment adviser, including financial planners |
| MILLIMAN INVESTMENT MANAGEMENT SERVICES LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| MILLIMAN PTY LTD | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MILLIMAN, INC. | Domestic Entity | – | MANAGING MEMBER | 10/2011 | > 75% |
| PUZ, SUSAN, HELEN | Individual | – | CHIEF COMPLIANCE OFFICER | 09/2014 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed November 4th, 2022 for period ending September 30th, 2022
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ISHARES TR | SHORT TREAS BD | 2M | 18M | – |
| ISHARES TR | CORE S&P TTL STK | 335K | 4M | – |
| ISHARES TR | CORE US AGGBD ET | 1M | 12M | – |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 110K | 2M | – |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 138K | 3M | – |
| VANGUARD TAX MANAGED INTL FD | FTSE DEV MKT ETF | 530K | 15M | – |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 133K | 4M | – |
| VANGUARD BD INDEX FD INC | TOTAL BND MRKT | 1M | 14M | – |
| VANGUARD INDEX FDS | TOTAL STK MKT | 984K | 5M | – |