Millenium Financial Services
State-registered
Insurance-Affiliated · Boutique (under $100M)
CRD 120210
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· WWW.MILL-FINANCIAL.COM
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ADV data as of Jan 06, 2022
- Regulatory AUM
- $18.8M
- Discretionary
- $0
- Clients
- 165
- Avg AUM / client
- $114K
- Accounts
- 165
- Employees
- 1
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 163 | $15.1M | 80.3% |
| Pension and profit sharing plans | 2 | $3.7M | 19.7% |
People (1)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Richard Bruce Karlen | Registered representative | Mar 1998 (28y) |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/06/2022 | 991 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 06, 2022.
View current Form ADV (SEC/IAPD) ↗