Millennial Advisers, LLC.
Assets Under Management
$58.7M
Number of Clients
297
Number of Advisors
12
Average Client AUM
$198K
AUM per Advisor
$4.9M
Compensation
Fee-Only (AUM)
About This Firm
Millennial Advisers offers investment strategies based on client objectives and risk tolerance. Client accounts generally do not have minimum account size requirements, although some custodians, third-party money managers, or investment products may have minimum account requirements. They may recommend clients use Allied as their broker-dealer, but this is not a requirement.
Fee Structure
The advisory fee is negotiated between the client and the Investment Advisor Representative and generally ranges from 0.50% to 2.00%. This fee is calculated based on the account value. If assets are allocated to a third-party money manager, you will incur additional fees charged by that money manager. The fee does not include any transaction fees, brokerage commissions, or other fees associated with any transaction or account. In a Fee Based Advisory account held at StoneX or Interactive Brokers, where Allied is the broker-dealer, you will pay Allied up to a $4.95 transaction fee/ticket charge each time you buy or sell a security.
Areas of Practice
Location
Three World Financial, 200 Vesey Street 24th Floor, New York, NY, 10281