{
  "crd_number": 105800,
  "slug": "miller-howard-investments-inc-kingston-ny-105800",
  "primary_business_name": "MILLER HOWARD INVESTMENTS INC",
  "legal_name": "MILLER HOWARD INVESTMENTS INC",
  "dbas": [],
  "city": "Kingston",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "28740",
  "metro": {
    "cbsa_code": "28740",
    "common_name": "Kingston",
    "msa_name": "Kingston, NY",
    "path": "/advisors/ny/kingston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1986-12-05",
  "years_registered": 39,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 3810781500.0,
  "raum_discretionary": 3377743103.0,
  "raum_non_discretionary": 433038397.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 34,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 2370540174.0,
      "count": 61,
      "description": "WRAP ACCOUNTS,TAFT HARTLEY, NON-DISCRETIONARY UMAS"
    },
    "individuals": {
      "raum": 493985902.0,
      "count": 1697
    },
    "state_municipal": {
      "raum": 8987449.0,
      "count": 5
    },
    "investment_companies": {
      "raum": 400564946.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": 13589750.0,
      "count": 25
    },
    "high_net_worth_individuals": {
      "raum": 328665894.0,
      "count": 163
    },
    "corporations_other_businesses": {
      "raum": 194447385.0,
      "count": 81
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "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",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/MILLER-HOWARD-INVESTMENTS",
    "https://mhinvest.com",
    "https://x.com/MH_INVESTMENT"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105800",
  "city_as_filed": "KINGSTON",
  "url": "https://advisorcensus.com/firm/miller-howard-investments-inc-kingston-ny-105800",
  "display_name": "Miller Howard Investments Inc",
  "summary": "Miller Howard Investments Inc is an SEC-registered investment advisory firm in Kingston, NY, registered since 1986, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. Miller Howard Investments Inc (CRD 105800): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Miller Howard Investments Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Miller Howard Investments Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Miller Howard Investments Inc located?",
      "a": "Miller Howard Investments Inc's principal office is in Kingston, NY, according to its Form ADV."
    },
    {
      "q": "Is Miller Howard Investments Inc registered with the SEC or a state?",
      "a": "Miller Howard Investments Inc is an SEC-registered investment advisory firm, registered since 1986. Status as filed: Approved. CRD 105800."
    },
    {
      "q": "How much does Miller Howard Investments Inc manage?",
      "a": "Miller Howard Investments Inc reports $3,810,781,500 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (89% discretionary)."
    },
    {
      "q": "How have Miller Howard Investments Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Miller Howard Investments Inc: Regulatory assets under management: $2,449,657,372 in the October 2021 data and $3,810,781,500 in the October 2026 data, up 56%. Total employees: 35 in October 2021 and 34 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Miller Howard Investments Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,697); high net worth individuals (163); corporations or other businesses not listed above (81)."
    },
    {
      "q": "Which custodians does Miller Howard Investments Inc use?",
      "a": "Miller Howard Investments Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Miller Howard Investments Inc 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/105800"
    },
    {
      "q": "What changed in Miller Howard Investments Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $3,450,989,180 to $3,810,781,500 (+10%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2449657372.0,
      "total_employees": 35,
      "filing_date": "2021-08-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3043643380.0,
      "total_employees": 32,
      "filing_date": "2022-06-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 3145174550.0,
      "total_employees": 32,
      "filing_date": "2023-06-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 3245010331.0,
      "total_employees": 34,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3450989180.0,
      "total_employees": 34,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3810781500.0,
      "total_employees": 34,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $3,450,989,180 to $3,810,781,500 (+10%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    },
    {
      "name": "UBS Financial Services Inc.",
      "name_as_filed": "UBS FINANCIAL SERVICES 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/miller-howard-investments-inc-kingston-ny-105800.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1697,
      "fewer_than_5": false,
      "raum": 493985902.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 163,
      "fewer_than_5": false,
      "raum": 328665894.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 400564946.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 25,
      "fewer_than_5": false,
      "raum": 13589750.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 8987449.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 81,
      "fewer_than_5": false,
      "raum": 194447385.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 61,
      "fewer_than_5": false,
      "raum": 2370540174.0
    }
  ],
  "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/105800",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}