Miller Investment Management, LP

RIASEC RegisteredEst. 1998

Total AUM

$7.1B

Discretionary

$1.8B

25% of AUM

Avg account

$23.1M

Accounts

308

Employees

Advisory reps

Firm details

Headquarters: West Conshohocken, Pennsylvania
CRD number: 108380
Registered since: November 19, 1998
Website: www.millerinv.com
Custodians: J.P. MORGAN SECURITIES INC., PERSHING LLC, BANK OF AMERICA
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI88.64%
Pooled Investment Vehicles8.98%
Charitable Organizations2.24%
Individuals0.13%
Pension & Profit Sharing Plans0.02%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Miller Investment Management, LP is an independent registered investment adviser that has been SEC-registered since 1998 and operates as a limited partnership. The firm positions itself as a capital allocator for both individual and institutional clients, offering a mix of portfolio management and financial planning services across single accounts and pooled vehicles. Its fee arrangements include percentage-of-AUM fees, fixed fees, and performance-based fees. Advisory capabilities reported on the ADV include portfolio management for individuals and small businesses, pooled investment vehicles, businesses or institutions, pension consulting, financial planning, and selection of other advisers. The firm also serves as a sponsor/general partner/managing member of pooled investment vehicles, indicating direct involvement in private fund sponsorship and management. Miller Investment Management does not report itself as an active ESG investor and is not identified as a multi-state adviser on the snapshot data.