Millares Asset Management, Llc
- Regulatory AUM
- $236M
- Discretionary
- $236M
- Clients
- 50
- Avg AUM / client
- $4.7M
- Accounts
- 154
- Employees
- 3
AUM over time
Annual snapshots from Form ADV filings · as of Feb 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 15 | $6.4M | 2.71% |
| High net worth individuals | 35 | $228M | 96.7% |
| Pension and profit sharing plans | Fewer than 5 clients | $1.3M | 0.55% |
| Corporations and other businesses | Fewer than 5 clients | $1.7K | 0.0% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Maria Romagosa Millares | Managing Member | Personal Financial Specialist | Feb 2005 (22y) | 25% – 50% |
| Ruben Manuel Millares | Managing Member | CFP Personal Financial Specialist | Feb 2005 (22y) | 25% – 50% |
| Javier Manuel Millares | Managing Member / Chief Compliance Officer | Jan 2010 (17y) | 25% – 50% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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) | 02/24/2026 | 1.09 MB | 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
- • Fixed fees
- • Other fees
- • A PERCENTAGE OF ASSETS UNDER ADVISEMENT
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $216M (91% of AUM) Feb 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 24, 2026.
View current Form ADV (SEC/IAPD) ↗