Mills Wealth Advisors, LLC

RIASEC Registered
Total AUM
$549M
Discretionary
$507M
92% of AUM
Avg account
$292K
Accounts
1,877
Employees
8
Advisory reps
7

Firm details

Headquarters
Southlake, Texas
CRD number
159251
Registered since
April 4, 2017
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types
  • HNWI76.77%
  • Individuals13.3%
  • Pension & Profit Sharing Plans8.81%
  • Corporations / Businesses1.11%
  • Pooled Investment Vehicles0.01%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Mills Wealth Advisors, LLC is an independent, owner-operated registered investment adviser that began its SEC registration in 2017. The firm serves both individuals and families as well as institutional clients, and describes itself as a capital allocator that constructs portfolios, provides financial planning and selects other managers. Its advisory services include portfolio management for individuals and pooled investment vehicles and it sponsors or serves as general partner/managing member of pooled funds. Fee arrangements are varied — percentage of AUM, fixed and hourly charges, and performance-based fees are all used. The firm does not identify as an ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 52%, Public Funds/Mutual Funds 36%, Cash & Cash Equivalents 8%, Other 3%52%
  • Exchange Traded Equities52%
  • Public Funds/Mutual Funds36%
  • Cash & Cash Equivalents8%
  • Other3%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 52

Active vs passive

$299M in ETFs

Passive

7%

$21.8M

Active

72%

$277M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD CORE BOND ETF (VCRB)VanguardActiveIntermediate Core Bond$55.5M754,31618.60%

Location

Primary office

Southlake, TX

Tarrant

Location

Southlake, TX

Headquartered in Southlake, TX, anchoring the Dallas-Fort Worth, TX-OK metro in the South.

Metro area
Dallas-Fort Worth, TX-OK
Region
South
County
Tarrant
Address
1207 S White Chapel Blvd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth