# Miller Howard Investments Inc

> 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.

- CRD: 105800
- Filed as: MILLER HOWARD INVESTMENTS INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Kingston, NY
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105800
- AdvisorCensus page: https://advisorcensus.com/firm/miller-howard-investments-inc-kingston-ny-105800

## Quick answers

**How is Miller Howard Investments Inc compensated?**
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.

**Where is Miller Howard Investments Inc located?**
Miller Howard Investments Inc's principal office is in Kingston, NY, according to its Form ADV.

**Is Miller Howard Investments Inc registered with the SEC or a state?**
Miller Howard Investments Inc is an SEC-registered investment advisory firm, registered since 1986. Status as filed: Approved. CRD 105800.

**How much does Miller Howard Investments Inc manage?**
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).

**How have Miller Howard Investments Inc's assets and staff changed since 2021?**
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.

**What types of clients does Miller Howard Investments Inc serve?**
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).

**Which custodians does Miller Howard Investments Inc use?**
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.

**Does Miller Howard Investments Inc 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/105800

**What changed in Miller Howard Investments Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $3,450,989,180 to $3,810,781,500 (+10%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley
- UBS Financial Services 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: $3,810,781,500
- Discretionary: $3,377,743,103
- Non-discretionary: $433,038,397

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,697 | $493,985,902 |
| High net worth individuals | 163 | $328,665,894 |
| Investment companies | 2 | $400,564,946 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 25 | $13,589,750 |
| State or municipal government entities (including government pension plans) | 5 | $8,987,449 |
| Corporations or other businesses not listed above | 81 | $194,447,385 |
| Other | 61 | $2,370,540,174 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 1986 (39 years)
- Employees: 34 total, 12 performing advisory functions
- Wrap fee program participation: Yes
- 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, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mhinvest.com
- LinkedIn @MILLER-HOWARD-INVESTMENTS
- X @MH_INVESTMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,449,657,372 | 35 | August 3, 2021 |
| October 2022 | $3,043,643,380 | 32 | June 30, 2022 |
| October 2023 | $3,145,174,550 | 32 | June 30, 2023 |
| October 2024 | $3,245,010,331 | 34 | March 28, 2024 |
| October 2025 | $3,450,989,180 | 34 | March 19, 2025 |
| October 2026 | $3,810,781,500 | 34 | March 17, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $3,450,989,180 to $3,810,781,500 (+10%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Miller Howard Investments Inc (CRD 105800): Form ADV filing data as of October 2026.