# Milestone Investment Advisors, LLC

> Milestone Investment Advisors, LLC is an SEC-registered investment advisory firm in Middleton, WI, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 12, 2026.

- CRD: 168429
- Filed as: MILESTONE INVESTMENT ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Middleton, WI
- Filing period: October 2026
- Form ADV filing dated: May 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168429
- AdvisorCensus page: https://advisorcensus.com/firm/milestone-investment-advisors-llc-middleton-wi-168429

## Quick answers

**How is Milestone Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Milestone Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Milestone Investment Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated May 12, 2026 states: Hourly rate: $300 an hour (Financial Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Milestone Investment Advisors, LLC located?**
Milestone Investment Advisors, LLC's principal office is in Middleton, WI, according to its Form ADV.

**Is Milestone Investment Advisors, LLC registered with the SEC or a state?**
Milestone Investment Advisors, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 168429.

**How much does Milestone Investment Advisors, LLC manage?**
Milestone Investment Advisors, LLC reports $877,604,545 in regulatory assets under management in its Form ADV filing dated May 12, 2026 (91% discretionary).

**How have Milestone Investment Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Milestone Investment Advisors, LLC: Regulatory assets under management: $610,150,017 in the October 2021 data and $877,604,545 in the October 2026 data, up 44%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Milestone Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (218); individuals (other than high net worth individuals) (190); pension and profit sharing plans (but not the plan participants or government pension plans) (6).

**Which custodians does Milestone Investment Advisors, LLC use?**
Milestone Investment Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and TIAA-CREF Individual & Institutional Services, LLC (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets.

**Does Milestone Investment Advisors, LLC report any disciplinary disclosures?**
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/168429

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated May 12, 2026)

- Hourly rate: $300 an hour (Financial Consulting Services)

> Financial Consulting Services are provided at an hourly rate of $300.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC
- TIAA-CREF Individual & Institutional Services, LLC (affiliated with the firm)

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.

### Regulatory assets under management (Item 5.F)
- Total: $877,604,545
- Discretionary: $796,355,953
- Non-discretionary: $81,248,592

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 190 | $77,656,703 |
| High net worth individuals | 218 | $718,699,250 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $81,248,592 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2013 (13 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, IL, MN, NC, NY, PA, TX, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [milestoneia.com](https://milestoneia.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $610,150,017 | 5 | February 5, 2021 |
| October 2022 | $737,353,714 | 5 | March 20, 2022 |
| October 2023 | $681,062,445 | 5 | February 21, 2023 |
| October 2024 | $782,575,998 | 6 | June 25, 2024 |
| October 2025 | $824,244,648 | 8 | February 4, 2025 |
| October 2026 | $877,604,545 | 7 | May 12, 2026 |

Regulatory assets under management: $610,150,017 in the October 2021 data and $877,604,545 in the October 2026 data, up 44%.
Total employees: 5 in October 2021 and 7 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Milestone Investment Advisors, LLC (CRD 168429): Form ADV filing data as of October 2026.