Millennium Management LLC

• A percentage of assets under your management
• Performance-based fees
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated August 25, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$720,845,951,000 as of October 2026, filing dated August 25, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)
• Portfolio management for businesses (other than small businesses) or institutional clients

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2012 (14 years)

Employees

Total: 6,670. Performing investment advisory functions: 3,055.

Wrap fee program participation

No.

Custodians (Schedule D, Section 5.K(3))

Bank of New York MellonState Street Bank and Trust Company

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.

Other offices (Schedule D, Section 1.F)

19 other offices, as of the September 2026 filing

Addison, TXAustin, TXBellevue, WABoston, MAChatham, NJChicago, ILDallas, TXDenver, CODurham, NCGreenwich, CTHouston, TXMiami, FLNewport Beach, CANorthbrook, ILSan Francisco, CASanta Monica, CATorrance, CAWalnut Creek, CAWest Palm Beach, FL

States registered or notice-filed

32 states or jurisdictions

CACOCTFLGAILKYLAMAMDMEMIMNMOMTNCNENHNJNVNYOHOKPAPRRISCTNTXUTVAWA

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

5 Reports 5 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
• 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
• 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
• 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
• 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?

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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $295,029,150,000 in the October 2021 data and $720,845,951,000 in the October 2026 data, up 144%.

Total employees: 3,430 in October 2021 and 6,670 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. April 2026
   • Employees performing advisory functions went from 2892 to 3055.
   • Regulatory assets under management went from $571,106,932,000 to $720,845,951,000 (+26%).
   • Added an office in Addison, TX.
   • Added an office in Bellevue, WA.
   • Added an office in Chatham, NJ.
   • Added an office in Chicago, IL.
   • Added an office in Dallas, TX.
   • Added an office in Newport Beach, CA.
   • Added an office in San Francisco, CA.
   • Added an office in Torrance, CA.
   • Added an office in Walnut Creek, CA.
   • No longer lists an office in Bala Cynwyd, PA.
   • No longer lists an office in Boston, MA.
   • No longer lists an office in Boulder, CO.
   • No longer lists an office in East Greenwich, RI.
   • No longer lists an office in Greenwich, CT.
   • No longer lists an office in Houston, TX.
   • No longer lists an office in Orinda, CA.
   • No longer lists an office in Santa Monica, CA.
   • No longer lists an office in Westport, CT.
   • Registered or notice-filed in ME, VA.
   • Updated its list of owners and control persons (Schedule A).
2. January 2026
   • No longer registered or notice-filed in AZ, OR, WI.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.