# Millennial Advisers, LLC.

> Millennial Advisers, LLC. is an SEC-registered investment advisory firm in New York, NY, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 20, 2026.

- CRD: 170847
- Filed as: MILLENNIAL ADVISERS, LLC.
- Also doing business as: FINANCIAL EDGE, LLC - DBA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170847
- AdvisorCensus page: https://advisorcensus.com/firm/millennial-advisers-llc-new-york-ny-170847

## Quick answers

**How is Millennial Advisers, LLC. compensated?**
On its Form ADV (Item 5.E, October 2026), Millennial Advisers, LLC. reports these compensation arrangements: a percentage of assets under its management.

**What does Millennial Advisers, LLC.'s brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Millennial Advisers, LLC. located?**
Millennial Advisers, LLC.'s principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Millennial Advisers, LLC. registered with the SEC or a state?**
Millennial Advisers, LLC. is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 170847.

**How much does Millennial Advisers, LLC. manage?**
Millennial Advisers, LLC. reports $339,355,692 in regulatory assets under management in its Form ADV filing dated July 20, 2026 (100% discretionary).

**How have Millennial Advisers, LLC.'s assets and staff changed since 2021?**
In the Form ADV data for Millennial Advisers, LLC.: Regulatory assets under management: $36,501,136 in the October 2021 data and $339,355,692 in the October 2026 data, up 830%. Total employees: 16 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Millennial Advisers, LLC. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (325); pooled investment vehicles (other than investment companies and business development companies) (20); high net worth individuals (18).

**Which custodians does Millennial Advisers, LLC. use?**
Millennial Advisers, LLC.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Interactive Brokers LLC and Stonex Financial Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Millennial Advisers, LLC. report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(4) (another regulator's order in the past ten years), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/170847

**What changed in Millennial Advisers, LLC.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $58,664,613 to $339,355,692 (+478%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> Our fee for advisory services is negotiated between the retail client and the Investment Advisor Representative and will generally range from 0.50% to 2.00%.

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.
- Interactive Brokers LLC
- Stonex Financial Inc.

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: $339,355,692
- Discretionary: $339,355,692
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 325 | $53,471,050 |
| High net worth individuals | 18 | $34,623,375 |
| Pooled investment vehicles (other than investment companies and business development companies) | 20 | $251,261,267 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2020 (6 years)
- Employees: 14 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/170847

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Astoria, NY
- Newport Beach, CA
- Warren, PA

### Websites listed on Form ADV (Item 1.I)
- ouradvisers.com
- Facebook @ouradvisersnyc
- LinkedIn @millennial-advisers-llc
- X @OurAdvisersNYC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $36,501,136 | 16 | September 10, 2021 |
| October 2022 | $40,524,453 | 16 | July 28, 2022 |
| October 2023 | $28,753,479 | 16 | August 7, 2023 |
| October 2024 | $39,513,416 | 15 | August 21, 2024 |
| October 2025 | $58,664,613 | 13 | June 18, 2025 |
| October 2026 | $339,355,692 | 14 | July 20, 2026 |

Regulatory assets under management: $36,501,136 in the October 2021 data and $339,355,692 in the October 2026 data, up 830%.
Total employees: 16 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $58,664,613 to $339,355,692 (+478%).

### February 2026
- Added an office in Newport Beach, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Millennial Advisers, LLC. (CRD 170847): Form ADV filing data as of October 2026.