Lifetime Wealth Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 51–100 clients last fiscal year.
Lifetime Wealth Management reports 156 clients. They include 104 individual clients and 52 high-net-worth individuals. Of its assets, 100.0% ($186M across 515 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 67% | 15% |
| High-net-worth individuals | 33% | 85% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 104 | $27M | 14.5% | $259K |
| High-net-worth individuals | 52 | $159M | 85.5% | $3.06M |
| Total | 156 | $186M | 100% | $1.19M |
- Clients
- 104
- Regulatory AUM
- $27M
- AUM share
- 14.5%
- Avg. per client
- $259K
- Clients
- 52
- Regulatory AUM
- $159M
- AUM share
- 85.5%
- Avg. per client
- $3.06M
Total
- Clients
- 156
- Regulatory AUM
- $186M
- AUM share
- 100%
- Avg. per client
- $1.19M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Lifetime Wealth Management charges up to 2.00% a year for its Asset management services. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Modular financial planning
- One-time fixed fee of $500 to $5,000, negotiable, billed on completion of the requested services.
- Ongoing comprehensive financial planning
- Annual fixed fee of $750 to $12,000, negotiable, billed quarterly in advance.
Dayton Miller owns 25% to 50% of Lifetime Wealth Management. Dayton Miller is CEO; the leadership team includes Chief Compliance Officer Kimberley Dillingham. It has 3 employees, 2 of them in advisory roles.
Leadership
- Dayton MillerChief Executive Officer Managing Partner
- Kimberley DillinghamChief Compliance Officer
- Erik LindstromPartner
- Collin MillerPartner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 3 state-registered reps
- Owns 25% to 50% of Lifetime Wealth Management, LLC
Dayton Miller
Control person · since November 2023
- Owns 25% to 50% of Lifetime Wealth Management, LLC
Collin Miller
Control person · since December 2023
- Owns 25% to 50% of Lifetime Wealth Management, LLC
Erik Lindstrom
Control person · since December 2023
Lifetime Wealth Management’s regulatory assets went from $187M (March 2021) to $186M (April 2026); clients fell from 186 to 156 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $186M | 156 | 3 | 1 |
| March 2025 | $165M | 144 | 3 | 1 |
| April 2024 | $158M | 149 | 3 | 1 |
| February 2023 | $134M | 155 | 4 | 1 |
| March 2022 | $198M | 170 | 4 | 1 |
| March 2021 | $187M | 186 | 3 | 1 |
Besides its headquarters, Lifetime Wealth Management has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Lifetime Wealth Management, LLC
- Headquarters
- Not reported
- Website
- Not reported
- Phone
- 507-288-5587
- SEC file
- 801-112680
- Structure
- Minnesota LLC
- Fiscal year end
- December
Lifetime Wealth Management uses Charles Schwab ($167M) as custodian for its separately managed accounts. Lifetime Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · West Lake, TX · $167M100%
At year end, Lifetime Wealth Management’s separately managed accounts were mostly in stocks (50%) and funds (38%).
What the accounts hold
- Stocks50%
- Funds38%
- Bonds11%
- Cash1%
How many clients does Lifetime Wealth Management have?
Lifetime Wealth Management has 156 clients and manages $186 million for them, as of April 2026. They include 104 individual clients and 52 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does Lifetime Wealth Management offer?
Lifetime Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Lifetime Wealth Management charge?
Lifetime Wealth Management charges up to 2.00% a year for its Asset management services. The fee is billed in arrears and is negotiable.
Source: LIFETIME WEALTH MANAGEMENT, LLC. - BROCHURE- MARCH 2026, filed 1 April 2026
Which custodians does Lifetime Wealth Management use?
Lifetime Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (West Lake, TX), with $167M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does Lifetime Wealth Management have?
Lifetime Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Lifetime Wealth Management invest in?
At the end of its last fiscal year, Lifetime Wealth Management’s separately managed accounts held 50% exchange-traded equities, 38% registered funds (mutual funds, ETFs, BDCs), 11% sovereign bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lifetime Wealth Management?
Lifetime Wealth Management’s direct owners are Dayton Miller, Collin Miller and Erik Lindstrom, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does Lifetime Wealth Management get paid?
Lifetime Wealth Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Lifetime Wealth Management?
Its phone number is 507-288-5587.