AdvisorCensus / Financial advisors / Colorado / Miller Wealth Advisors, LLC
Miller Wealth Advisors, LLC is an SEC-registered investment advisory firm in Ouray, CO, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 27, 2026.
Quick answers
From the filingHow is Miller Wealth Advisors, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Miller Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management.
How much does Miller Wealth Advisors, LLC charge?
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Miller Wealth Advisors, LLC located?
Miller Wealth Advisors, LLC's principal office is in Ouray, CO, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Miller Wealth Advisors, LLC registered with the SEC or a state?
Miller Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 171329.
How much does Miller Wealth Advisors, LLC manage?
Miller Wealth Advisors, LLC reports $225,517,087 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (100% discretionary).
How have Miller Wealth Advisors, LLC's assets and staff changed since 2021?
In the Form ADV data for Miller Wealth Advisors, LLC: Regulatory assets under management: $133,480,000 in the October 2021 data and $225,517,087 in the October 2026 data, up 69%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Miller Wealth Advisors, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (71); individuals (other than high net worth individuals) (45).
Which custodians does Miller Wealth Advisors, LLC use?
Miller Wealth Advisors, LLC'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.
Does Miller Wealth Advisors, LLC 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/171329
Does Miller Wealth Advisors, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 24, 2026 says: "MWA does not require a minimum portfolio size or a minimum fee to establish services."
What changed in Miller Wealth Advisors, LLC's recent Form ADV filings?
In the September 2026 filing data: Employees performing advisory functions went from 2 to 3. Added an office in Huntsville, TX.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
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
Fees and minimums
Form ADV Part 2AAsset-based fee: 1% of assets a year
The brochure's wording
MWA’s Investment Management fees are based upon a percentage of the assets under MWA’s management at a rate of 1% annually. However, MWA’s fee is negotiable, is agreed to at the time of engagement
Account minimum: None
The brochure's wording
MWA does not require a minimum portfolio size or a minimum fee to establish services.
Minimum annual fee: None
The brochure's wording
MWA does not require a minimum portfolio size or a minimum fee to establish services.
As stated in the firm's Form ADV Part 2A brochure dated March 24, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$225,517,087 as of October 2026, filing dated August 27, 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
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 3. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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)
-
1 other office, as of the September 2026 filing
- States registered or notice-filed
-
5 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $225,517,087 | 3 | August 27, 2026 |
| October 2025 | $182,035,290 | 2 | March 14, 2025 |
| October 2024 | $146,789,462 | 2 | March 29, 2024 |
| October 2023 | $105,796,000 | 2 | March 28, 2023 |
| October 2022 | $177,887,000 | 2 | March 9, 2022 |
| October 2021 | $133,480,000 | 2 | July 21, 2021 |
Regulatory assets under management: $133,480,000 in the October 2021 data and $225,517,087 in the October 2026 data, up 69%.
Total employees: 2 in October 2021 and 3 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.
Changes in the filing
Last 12 months- September 2026
- Employees performing advisory functions went from 2 to 3.
- Added an office in Huntsville, TX.
- July 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $182,035,290 to $225,517,087 (+24%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Miller Wealth Advisors, LLC (CRD 171329): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/miller-wealth-advisors-llc-ouray-co-171329