Millstone Financial Group Limited Liability Company
- Regulatory AUM
- $104M
- Discretionary
- $101M
- Clients
- 297
- Avg AUM / client
- $352K
- Accounts
- 483
- Employees
- 9
AUM over time
Annual snapshots from Form ADV filings · as of Jun 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 230 | $50.9M | 48.7% |
| High net worth individuals | 67 | $53.6M | 51.3% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Thomas Russo | Registered representative | Sep 2018 (8y) | ||
| Donald Michael Albach | Registered representative | Dec 2019 (7y) | ||
| Kevin Charles Flesch | Registered representative | Apr 2024 (2y) | ||
| Luke V Lino | Registered representative | Aug 2024 (2y) | ||
| Nicholas Steven Noto | Registered representative | Dec 2025 (1y) | ||
| Ryan Wallace Black | Registered representative | Jan 2026 (1y) |
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) | 06/24/2026 | 936 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
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Truist Financial Corp $104M (100% of AUM) Jun 2026
- Altruist Financial $104M (100% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Jun 24, 2026.
View current Form ADV (SEC/IAPD) ↗