Millennial Wealth
Assets Under Management
$203.7M
Number of Clients
215
Number of Advisors
3
Average Client AUM
$947K
AUM per Advisor
$67.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Millennial Wealth LLC (also known as Ignite Financial Planning) provides personalized investment advisory services, including comprehensive financial planning and discretionary investment management. Financial planning covers areas like cash flow, college savings, debt management, estate planning, insurance, retirement, and tax strategies. Investment management involves creating and managing portfolios based on client goals and risk tolerance, primarily using stocks, bonds, mutual funds, and ETFs.
Fee Structure
Comprehensive Financial Planning includes a one-time engagement fee ($1,000 to $20,000) based on complexity, and an ongoing recurring fixed fee ranging from $2,000 to $30,000 annually, billed monthly or quarterly, for accounts under $500,000. For accounts $500,000 and above, fees are based on AUM (percentage of assets under management). Fees are negotiable and may vary. The annual fixed fee increases by 3% each year. Clients may incur additional fees from custodians and fund companies.
Areas of Practice
Location
WA, United States
