# The Milwealth Group, LLC

> The Milwealth Group, LLC is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 1999, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 108931
- Filed as: THE MILWEALTH GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Milwaukee, WI
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108931
- AdvisorCensus page: https://advisorcensus.com/firm/the-milwealth-group-llc-milwaukee-wi-108931

## Quick answers

**How is The Milwealth Group, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), The Milwealth Group, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is The Milwealth Group, LLC located?**
The Milwealth Group, LLC's principal office is in Milwaukee, WI, according to its Form ADV.

**Is The Milwealth Group, LLC registered with the SEC or a state?**
The Milwealth Group, LLC is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 108931.

**How much does The Milwealth Group, LLC manage?**
The Milwealth Group, LLC reports $496,900,624 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (98% discretionary).

**How have The Milwealth Group, LLC's assets and staff changed since 2021?**
In the Form ADV data for The Milwealth Group, LLC: Regulatory assets under management: $354,677,186 in the October 2021 data and $496,900,624 in the October 2026 data, up 40%. Total employees: 8 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Milwealth Group, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (179); individuals (other than high net worth individuals) (57).

**Which custodians does The Milwealth Group, LLC use?**
The Milwealth Group, 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 The Milwealth Group, 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/108931

**Does The Milwealth Group, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "We do not have a minimum account size requirement."

**What changed in The Milwealth Group, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $435,783,988 to $496,900,624 (+14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Account minimum: None

> We do not have a minimum account size requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., 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: $496,900,624
- Discretionary: $488,364,912
- Non-discretionary: $8,535,712

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 57 | $23,657,657 |
| High net worth individuals | 179 | $467,205,588 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| 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 | Fewer than 5 | $6,037,379 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 1999 (26 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, MN, NH, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- milwealth.com
- Instagram @milwealthgroup
- LinkedIn @milwealth
- YouTube @MilWealthGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $354,677,186 | 8 | March 25, 2021 |
| October 2022 | $401,135,914 | 9 | March 23, 2022 |
| October 2023 | $338,215,708 | 10 | September 5, 2023 |
| October 2024 | $389,816,442 | 10 | March 27, 2024 |
| October 2025 | $435,783,988 | 9 | July 28, 2025 |
| October 2026 | $496,900,624 | 8 | September 30, 2026 |

Regulatory assets under management: $354,677,186 in the October 2021 data and $496,900,624 in the October 2026 data, up 40%.
Total employees: 8 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $435,783,988 to $496,900,624 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Milwealth Group, LLC (CRD 108931): Form ADV filing data as of October 2026.