{
  "crd_number": 336684,
  "slug": "milestone-financial-associates-llc-macungie-pa-336684",
  "primary_business_name": "MILESTONE FINANCIAL ASSOCIATES, LLC",
  "legal_name": "MILESTONE FINANCIAL ASSOCIATES, LLC",
  "dbas": [],
  "city": "Macungie",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "10900",
  "metro": {
    "cbsa_code": "10900",
    "common_name": "Allentown",
    "msa_name": "Allentown-Bethlehem-Easton, PA-NJ",
    "path": "/advisors/pa/allentown"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-06-26",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 654492629.0,
  "raum_discretionary": 654492629.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 175358477.0,
      "count": 433
    },
    "state_municipal": {
      "raum": 2369174.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 7314329.0,
      "count": 18
    },
    "other_investment_advisers": {
      "raum": 562086.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 458669636.0,
      "count": 185
    },
    "corporations_other_businesses": {
      "raum": 10218927.0,
      "count": 9
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE",
    "FL",
    "NJ",
    "PA",
    "SC"
  ],
  "websites": [
    "https://milestonefa.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/336684",
  "city_as_filed": "MACUNGIE",
  "url": "https://advisorcensus.com/firm/milestone-financial-associates-llc-macungie-pa-336684",
  "display_name": "Milestone Financial Associates, LLC",
  "summary": "Milestone Financial Associates, LLC is an SEC-registered investment advisory firm in Macungie, PA, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Milestone Financial Associates, LLC (CRD 336684): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Milestone Financial Associates, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Milestone Financial Associates, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Milestone Financial Associates, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.25% to 1.5% a year (a range, as the brochure states it); Hourly rate: $450 an hour (additional planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Milestone Financial Associates, LLC located?",
      "a": "Milestone Financial Associates, LLC's principal office is in Macungie, PA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Milestone Financial Associates, LLC registered with the SEC or a state?",
      "a": "Milestone Financial Associates, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 336684."
    },
    {
      "q": "How much does Milestone Financial Associates, LLC manage?",
      "a": "Milestone Financial Associates, LLC reports $654,492,629 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Milestone Financial Associates, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Milestone Financial Associates, LLC: Regulatory assets under management: $0 in the October 2025 data and $654,492,629 in the October 2026 data. Total employees: 1 in October 2025 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Milestone Financial Associates, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (433); high net worth individuals (185); pension and profit sharing plans (but not the plan participants or government pension plans) (18)."
    },
    {
      "q": "Which custodians does Milestone Financial Associates, LLC use?",
      "a": "Milestone Financial Associates, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Milestone Financial Associates, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/336684"
    },
    {
      "q": "Does Milestone Financial Associates, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"MFA requires a minimum total portfolio value of $500,000 to engage for our services. This minimum may be waived at the discretion of MFA.\""
    },
    {
      "q": "What changed in Milestone Financial Associates, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $591,672,635 to $654,492,629 (+11%). Registered or notice-filed in DE, FL, NJ, SC."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 1,
      "filing_date": "2025-07-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 654492629.0,
      "total_employees": 12,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $591,672,635 to $654,492,629 (+11%).",
        "Registered or notice-filed in DE, FL, NJ, SC."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 1 to 7.",
        "Regulatory assets under management went from $0 to $591,672,635."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $450 an hour (additional planning services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Generally, fees range from 0.25% to 1.5% per annum of the market value of a client’s assets managed by MFA. The fee range stated is a guide."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "MFA requires a minimum total portfolio value of $500,000 to engage for our services. This minimum may be waived at the discretion of MFA."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $450 an hour (additional planning services)"
        ],
        "quotes": [
          "Certain clients requiting additional planning services will be charged a fixed or hourly fee for such services based on the scope of the work required. Hourly fees will not exceed $450 per hour"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.25,
        1.5
      ],
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 450.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "additional planning services"
        }
      ]
    },
    "quotes": [
      "Generally, fees range from 0.25% to 1.5% per annum of the market value of a client’s assets managed by MFA. The fee range stated is a guide.",
      "MFA requires a minimum total portfolio value of $500,000 to engage for our services. This minimum may be waived at the discretion of MFA.",
      "Certain clients requiting additional planning services will be charged a fixed or hourly fee for such services based on the scope of the work required. Hourly fees will not exceed $450 per hour"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/milestone-financial-associates-llc-macungie-pa-336684.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 433,
      "fewer_than_5": false,
      "raum": 175358477.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 185,
      "fewer_than_5": false,
      "raum": 458669636.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 18,
      "fewer_than_5": false,
      "raum": 7314329.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 2369174.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 562086.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 10218927.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/336684",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}