# Millennial Wealth Advisors

> Millennial Wealth Advisors is an SEC-registered investment advisory firm, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 16, 2026.

- CRD: 174201
- Filed as: MILLENNIAL WEALTH ADVISORS
- Legal name: Millennial Wealth Advisors, LLC
- Also doing business as: MILLENNIAL WEALTH ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: April 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174201
- AdvisorCensus page: https://advisorcensus.com/firm/millennial-wealth-advisors-174201

## Quick answers

**How is Millennial Wealth Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Millennial Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Millennial Wealth Advisors registered with the SEC or a state?**
Millennial Wealth Advisors is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 174201.

**How much does Millennial Wealth Advisors manage?**
Millennial Wealth Advisors reports $146,048,654 in regulatory assets under management in its Form ADV filing dated April 16, 2026 (0% discretionary).

**What types of clients does Millennial Wealth Advisors serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (29); corporations or other businesses not listed above (12); individuals (other than high net worth individuals) (2).

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

**Does Millennial Wealth Advisors 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/174201

**What changed in Millennial Wealth Advisors' recent Form ADV filings?**
In the June 2026 filing data: Newly registered with the SEC.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- PNC Wealth Management LLC

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: $146,048,654
- Discretionary: $0
- Non-discretionary: $146,048,654

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2 | $487,261 |
| High net worth individuals | 29 | $70,821,170 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $17,288,160 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 12 | $57,452,063 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, OH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Chicago, IL

### Websites listed on Form ADV (Item 1.I)
- millennialwealthadvisors.com
- Facebook @Millennial-Wealth-Advisors-859484470809036
- LinkedIn @millennial-wealth-advisors

## Changes in the filing (last 12 months)

### June 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Millennial Wealth Advisors (CRD 174201): Form ADV filing data as of October 2026.