Militello Franzen Financial Advisors, Inc. (Edwardsville)


Militello Franzen Financial Advisors, Inc. is a large advisory firm based in Edwardsville. It manages $36.22 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Illinois, Missouri, and North Carolina.

Militello Franzen Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Militello Franzen Financial Advisors: assets under management

The assets under management (AUM) of Militello Franzen Financial Advisors, Inc. is $36.22 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $36.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $152.2 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Militello Franzen Financial Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Militello Franzen Financial Advisors, Inc.

Rick Joseph Militello has been acting as President since 1 Jun 2002. Jack Irving Wier joined the executive team most recently as the Elected Manager, Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ronald Henry Franzen Ceo 1 Jun 2002 50% - 75% 1049600
Rick Joseph Militello President 1 Jun 2002 50% - 75% 2116207

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Jack Irving Wier Elected manager, chief compliance officer 1 Oct 2006 Other 1374334

Based in Edwardsville

The principal office where Militello Franzen Financial Advisors, Inc. performs its advisory services is located at 1012 Plummer Drive, Edwardsville, IL 62025, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 618-659-1284 or by fax 618-659-1284. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday.