Millie Capital Management LLC (Walnut Creek)

Name: Millie Capital Management LLC
Address: 1990 N. California Blvd., Walnut Creek, CA, 94596
Telephone: 888-888-3240

Millie Capital Management LLC is a large advisory firm based in Walnut Creek. It manages $253.83 million of regulatory assets for 77 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and Louisiana.

Millie Capital Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Millie Capital Management: assets under management

The assets under management (AUM) of Millie Capital Management LLC is $253.83 million. The firm's AUM has grown by 905% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250 million in discretionary accounts and $3.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.92 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Millie Capital Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Millie Capital Management LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Ross Millie	Managing director & ceo	1 Apr 2001	75% - 100%	1569467
John Ross Millie	Managing director, ceo, & chief compliance officer	1 Oct 2004	75% - 100%	1569467

Based in Walnut Creek

The principal office where Millie Capital Management LLC performs its advisory services is located at 1990 N. California Blvd., Walnut Creek, CA 94596 The mailing address of the firm is 1 East Liberty Street, Reno, NV 89501. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-888-3240 or by fax 925-820-2248. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at milliecapital.com.