{
  "crd_number": 116346,
  "slug": "milne-financial-planning-inc-saint-johnsbury-vt-116346",
  "primary_business_name": "MILNE FINANCIAL PLANNING, INC.",
  "legal_name": "MILNE FINANCIAL PLANNING, INC.",
  "dbas": [],
  "city": "Saint Johnsbury",
  "state": "VT",
  "country": "United States",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-08-10",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-07-13",
  "carried_forward": false,
  "raum_total": 111321170.0,
  "raum_discretionary": 108044211.0,
  "raum_non_discretionary": 3276959.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1942909.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 26876935.0,
      "count": 82
    },
    "high_net_worth_individuals": {
      "raum": 82501326.0,
      "count": 34
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA",
    "NH",
    "TX",
    "VT"
  ],
  "websites": [
    "https://facebook.com/MILNEFEEONLY",
    "https://linkedin.com/COMPANY/MILNE-FINANCIAL-PLANNING",
    "https://milnefeeonly.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116346",
  "city_as_filed": "SAINT JOHNSBURY",
  "url": "https://advisorcensus.com/firm/milne-financial-planning-inc-saint-johnsbury-vt-116346",
  "display_name": "Milne Financial Planning, Inc.",
  "summary": "Milne Financial Planning, Inc. is an SEC-registered investment advisory firm in Saint Johnsbury, VT, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 13, 2026.",
  "citation": "AdvisorCensus. Milne Financial Planning, Inc. (CRD 116346): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Milne Financial Planning, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Milne Financial Planning, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Milne Financial Planning, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated July 13, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states); Hourly rate: $425 an hour (Hourly fee services); Flat fee: $2,500 (Basic Review). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Milne Financial Planning, Inc. located?",
      "a": "Milne Financial Planning, Inc.'s principal office is in Saint Johnsbury, VT, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Milne Financial Planning, Inc. registered with the SEC or a state?",
      "a": "Milne Financial Planning, Inc. is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 116346."
    },
    {
      "q": "How much does Milne Financial Planning, Inc. manage?",
      "a": "Milne Financial Planning, Inc. reports $111,321,170 in regulatory assets under management in its Form ADV filing dated July 13, 2026 (97% discretionary)."
    },
    {
      "q": "What types of clients does Milne Financial Planning, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (82); high net worth individuals (34); charitable organizations (3)."
    },
    {
      "q": "Which custodians does Milne Financial Planning, Inc. use?",
      "a": "Milne Financial Planning, Inc.'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."
    },
    {
      "q": "Does Milne Financial Planning, 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/116346"
    },
    {
      "q": "What changed in Milne Financial Planning, Inc.'s recent Form ADV filings?",
      "a": "In the September 2026 filing data: Newly registered with the SEC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $425 an hour (Hourly fee services)",
      "Flat fee: $2,500 (Basic Review)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Milne Financial Planning charges an annual fixed percentage for asset management, to never exceed 2%. This fee is negotiable and is agreed upon in advance.",
          "Milne Financial Planning charges an hourly, ongoing, or fixed fee for financial planning. Prior to the planning process the Client will be provided an estimated plan fee which will be based on the complexity of the engagement.",
          "Hourly fee services are offered based on an hourly fee of $425 per hour.",
          "The cost of the Basic Review is a one-time fee of $2,500.",
          "The cost of the Retirement & Investment Review is $5,000.",
          "The cost of the Full Financial Review is $7,500."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $425 an hour (Hourly fee services)"
        ],
        "quotes": [
          "Hourly fee services are offered based on an hourly fee of $425 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $2,500 (Basic Review)"
        ],
        "quotes": [
          "The cost of the Basic Review is a one-time fee of $2,500. Fees are due at the end of the Agreement."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 425.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Hourly fee services"
        },
        {
          "kind": "flat",
          "amount": 2500.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "Basic Review"
        }
      ]
    },
    "quotes": [
      "Milne Financial Planning charges an annual fixed percentage for asset management, to never exceed 2%. This fee is negotiable and is agreed upon in advance.",
      "Milne Financial Planning charges an hourly, ongoing, or fixed fee for financial planning. Prior to the planning process the Client will be provided an estimated plan fee which will be based on the complexity of the engagement.",
      "Hourly fee services are offered based on an hourly fee of $425 per hour.",
      "The cost of the Basic Review is a one-time fee of $2,500.",
      "The cost of the Retirement & Investment Review is $5,000.",
      "The cost of the Full Financial Review is $7,500.",
      "Hourly fee services are offered based on an hourly fee of $425 per hour.",
      "The cost of the Basic Review is a one-time fee of $2,500. Fees are due at the end of the Agreement."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/milne-financial-planning-inc-saint-johnsbury-vt-116346.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 82,
      "fewer_than_5": false,
      "raum": 26876935.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 34,
      "fewer_than_5": false,
      "raum": 82501326.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1942909.0
    }
  ],
  "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/116346",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}