Millennium Investment And Retirement Advisors, LLC is a large advisory firm based in Charlotte. It manages $623.61 million of regulatory assets for 314 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Maryland, New Jersey, New York, and North Carolina.
Millennium Investment And Retirement Advisors provides portfolio management for individuals and small businesses and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Millennium Investment And Retirement Advisors, LLC is $623.61 million. The firm's AUM has grown by 2168% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Millennium Investment And Retirement Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Millennium Investment And Retirement Advisors is pension and profit sharing plans with 142 clients and $596.7 million of assets under management. Among the 9 most similar advisory firms, Millennium Investment And Retirement Advisors has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $623.61 million for 232 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Millennium Investment And Retirement Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Millennium Investment And Retirement Advisors, LLC performs its advisory services is located at 13850 Ballantyne Corporate Place, Charlotte, NC 28277, which is also the mailing address of the firm. An additional office of the firm is in Bethesda, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 704-743-3335 or by fax 866-239-6412. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at miracenter.com.