# Mills Value Adviser Inc

> Mills Value Adviser Inc is a state-registered investment advisory firm in Arlington, VA, registered since 2026, reporting under $25 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.

- CRD: 105886
- Filed as: MILLS VALUE ADVISER INC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Arlington, VA
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/105886
- AdvisorCensus page: https://advisorcensus.com/firm/mills-value-adviser-inc-arlington-va-105886

## Quick answers

**How is Mills Value Adviser Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Mills Value Adviser Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Mills Value Adviser Inc located?**
Mills Value Adviser Inc's principal office is in Arlington, VA, according to its Form ADV.

**Is Mills Value Adviser Inc registered with the SEC or a state?**
Mills Value Adviser Inc is a state-registered investment advisory firm, registered since 2026. Status as filed: APPROVED. CRD 105886.

**How much does Mills Value Adviser Inc manage?**
Mills Value Adviser Inc reports $9,007,754 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (100% discretionary).

**What types of clients does Mills Value Adviser Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (22); pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Mills Value Adviser Inc report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/105886

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $9,007,754
- Discretionary: $9,007,754
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 22 | $1,325,493 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $7,682,261 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: VA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 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?

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. The detail of each yes answer is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/105886

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mills Value Adviser Inc (CRD 105886): Form ADV filing data as of October 2026.