{
  "crd_number": 289970,
  "slug": "millennial-wealth-fall-city-wa-289970",
  "primary_business_name": "MILLENNIAL WEALTH",
  "legal_name": "MILLENNIAL WEALTH LLC",
  "dbas": [
    "IGNITE FINANCIAL PLANNING"
  ],
  "city": "Fall City",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "42660",
  "metro": {
    "cbsa_code": "42660",
    "common_name": "Seattle",
    "msa_name": "Seattle-Tacoma-Bellevue, WA",
    "path": "/advisors/wa/seattle"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-01-17",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-08-31",
  "carried_forward": false,
  "raum_total": 278715447.0,
  "raum_discretionary": 278715447.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 52786799.0,
      "count": 127
    },
    "high_net_worth_individuals": {
      "raum": 225928648.0,
      "count": 102
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NY",
    "OR",
    "PA",
    "TN",
    "TX",
    "WA"
  ],
  "websites": [
    "https://facebook.com/MILLENNIALWLTH",
    "https://ignitefinancialplanning.com",
    "https://instagram.com/millennialwlth",
    "https://linkedin.com/COMPANY/MILLENNIAL-WEALTH",
    "https://linkedin.com/company/ignite-fp",
    "https://millennialwealthllc.com",
    "https://subscribepage.com/ignite",
    "https://twitter.com/MILLLENNIALWLTH",
    "https://youtube.com/@millennialwealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289970",
  "city_as_filed": "FALL CITY",
  "url": "https://advisorcensus.com/firm/millennial-wealth-fall-city-wa-289970",
  "display_name": "Millennial Wealth",
  "summary": "Millennial Wealth is an SEC-registered investment advisory firm in Fall City, WA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 31, 2026.",
  "citation": "AdvisorCensus. Millennial Wealth (CRD 289970): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Millennial Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Millennial Wealth reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Millennial Wealth charge?",
      "a": "Its Form ADV Part 2A brochure dated August 31, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states); Flat fee: $1,000 to $20,000 (onboarding, data gathering, and the construction of a…); Subscription: $2,000 to $30,000 a year (services to you). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Millennial Wealth located?",
      "a": "Millennial Wealth's principal office is in Fall City, WA, according to its Form ADV."
    },
    {
      "q": "Is Millennial Wealth registered with the SEC or a state?",
      "a": "Millennial Wealth is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 289970."
    },
    {
      "q": "How much does Millennial Wealth manage?",
      "a": "Millennial Wealth reports $278,715,447 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Millennial Wealth's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Millennial Wealth: Regulatory assets under management: $145,568,813 in the October 2024 data and $278,715,447 in the October 2026 data, up 91%. Total employees: 4 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Millennial Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (127); high net worth individuals (102)."
    },
    {
      "q": "Which custodians does Millennial Wealth use?",
      "a": "Millennial Wealth'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 Millennial Wealth 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/289970"
    },
    {
      "q": "What changed in Millennial Wealth's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 3 to 4. Registered or notice-filed in TN."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 145568813.0,
      "total_employees": 4,
      "filing_date": "2024-09-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 203665479.0,
      "total_employees": 6,
      "filing_date": "2025-07-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 278715447.0,
      "total_employees": 6,
      "filing_date": "2026-08-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Registered or notice-filed in TN."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $203,665,479 to $278,715,447 (+37%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,000 to $20,000 (onboarding, data gathering, and the construction of a…)",
      "Subscription: $2,000 to $30,000 a year (services to you)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "MW charges an annual management fee of up to 1.50%. The fee is negotiable, and the exact fee paid by you will be stated in the signed Advisory Contract."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $20,000 (onboarding, data gathering, and the construction of a…)"
        ],
        "quotes": [
          "The one-time fee ranges from $1,000 to $20,000 and will be based on complexity and the depth of service required."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $2,000 to $30,000 a year (services to you)"
        ],
        "quotes": [
          "For smaller accounts, we charge a fixed annual fee ranging from $2,000 to $30,000, billed monthly or quarterly in arrears."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.5,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 20000.0,
          "period": "one_time",
          "service": "onboarding, data gathering, and the construction of a comprehensive financial plan"
        },
        {
          "kind": "subscription",
          "amount": null,
          "min": 2000.0,
          "max": 30000.0,
          "period": "annual",
          "service": "services to you"
        }
      ]
    },
    "quotes": [
      "MW charges an annual management fee of up to 1.50%. The fee is negotiable, and the exact fee paid by you will be stated in the signed Advisory Contract.",
      "The one-time fee ranges from $1,000 to $20,000 and will be based on complexity and the depth of service required.",
      "For smaller accounts, we charge a fixed annual fee ranging from $2,000 to $30,000, billed monthly or quarterly in arrears."
    ],
    "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/millennial-wealth-fall-city-wa-289970.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 127,
      "fewer_than_5": false,
      "raum": 52786799.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 102,
      "fewer_than_5": false,
      "raum": 225928648.0
    }
  ],
  "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/289970",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}