Miller Capital Advisory, Inc. (Skokie)
By Ava Barnes
Miller Capital Advisory, Inc. is a large advisory firm based in Skokie. It manages $7.58 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.
Miller Capital Advisory provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Miller Capital Advisory: assets under management
The assets under management (AUM) of Miller Capital Advisory, Inc. is $7.58 billion. The firm's AUM has grown by 730% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $7.48 billion in discretionary accounts and $101.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.48 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $101.11 million.
Miller Capital Advisory has custody of $4.99 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Miller Capital Advisory, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Careers at Miller Capital Advisory, Inc.
Michael A. Goldberg joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Based in Skokie
The principal office where Miller Capital Advisory, Inc. performs its advisory services is located at 5750 Old Orchard Road, Skokie, IL 60077, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 847-966-9600 or by fax 847-966-9628. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at .
