Miller Financial Services provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Miller Financial Services reports 584 clients. They include 508 individual clients, 66 high-net-worth individuals and 6 state or municipal government entities. Of its assets, 100.0% ($463M across 1,358 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 24% |
| High-net-worth individuals | 11% | 40% |
| Pension and profit-sharing plans | <1% | 4% |
| Charitable organizations | Fewer than 5 | <1% |
| State or municipal government entities | 1% | 29% |
| Other client typesCorporations and other businesses | Not reported | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 508 | $110M | 23.8% | $217K |
| High-net-worth individuals | 66 | $185M | 39.9% | $2.8M |
| Pension and profit-sharing plans | 4 | $20.2M | 4.4% | $5.05M |
| Charitable organizations | Fewer than 5 | $2.1M | 0.5% | — |
| State or municipal government entities | 6 | $136M | 29.3% | $22.6M |
| Corporations and other businesses | Fewer than 5 | $10.2M | 2.2% | — |
| Total | 584 | $463M | 100% | — |
- Clients
- 508
- Regulatory AUM
- $110M
- AUM share
- 23.8%
- Avg. per client
- $217K
- Clients
- 66
- Regulatory AUM
- $185M
- AUM share
- 39.9%
- Avg. per client
- $2.8M
- Clients
- 4
- Regulatory AUM
- $20.2M
- AUM share
- 4.4%
- Avg. per client
- $5.05M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.1M
- AUM share
- 0.5%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $136M
- AUM share
- 29.3%
- Avg. per client
- $22.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $10.2M
- AUM share
- 2.2%
- Avg. per client
- —
Total
- Clients
- 584
- Regulatory AUM
- $463M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Miller Financial Services charges up to 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Billed hourly at $150 to $500 per hour; flat fees for financial planning will not exceed $5,000. All fees are negotiable.
Joseph Miller owns 75% or more of Miller Financial Services. The leadership team of Miller Financial Services includes President Joseph Miller. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 insurance agents
- Owns 75% or more of Miller Financial Services LLC
Joseph Miller
Control person · since May 1999
Miller Financial Services’ regulatory assets grew 2.2× from $209M (March 2021) to $463M (September 2026); clients rose from 552 to 584 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $463M | 584 | 3 | 1 |
| Mar 2025March 2025 | $411M | 708 | 3 | 1 |
| Feb 2024February 2024 | $328M | 779 | 3 | 1 |
| Feb 2023February 2023 | $273M | 715 | 3 | 1 |
| Mar 2022March 2022 | $262M | 634 | 3 | 1 |
| Mar 2021March 2021 | $209M | 552 | 3 | 1 |
Besides its headquarters, Miller Financial Services has 0 offices, with 1 listed address in 1 state.
Michigan · 1 listed address
- 1001 W Michigan Ave, MarshallHQ
Contact and registration details
- Legal name
- Miller Financial Services LLC
- Headquarters
- 1001 W Michigan Ave, Marshall, MI 49068
- Website
- millerfinancialplanning.com
- Phone
- 269-781-5129
- SEC file
- 801-110021
- Structure
- Michigan LLC
- Fiscal year end
- December
Miller Financial Services’ named custodians for separately managed accounts are Tiaa-Cref Individual & Institutional Services ($209M, 45%), Fidelity ($156M, 34%) and Charles Schwab ($97M, 21%). Miller Financial Services has custody of $136M for 410 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $156M34%
- Tiaa-Cref Individual & Institutional ServicesTiaa-Cref Individual & Institutional Services, LLC · New York, NY · $209M45%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $97M21%
At year end, Miller Financial Services’ separately managed accounts were mostly in funds (50%) and stocks (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $124M across 142 positions; the largest are Pepsico Inc. (5.6%), iShares TR (5.3%) and iShares TR (3.7%).
What the accounts hold
- Stocks22%
- Funds50%
- Registered funds44%
- Pooled vehicles6%
- Bonds14%
- State and local bonds13%
- Investment grade corporate bonds1%
- Cash13%
- Other1%
- Structured notes, fee based annuities, and alternative investments1%
How many clients does Miller Financial Services have?
Miller Financial Services has 584 clients and manages $463 million for them, as of September 2026. They include 508 individual clients, 66 high-net-worth individuals and 6 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 September 2026
What services does Miller Financial Services offer?
Miller Financial Services provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Miller Financial Services charge?
Miller Financial Services charges up to 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Which custodians does Miller Financial Services use?
Miller Financial Services’ separately managed account assets are held at Tiaa-Cref Individual & Institutional Services, LLC (New York, NY), with $209M, Fidelity Brokerage Services LLC (Smithfield, RI), with $156M and Charles Schwab & Co., Inc. (Westlake, TX), with $97M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 September 2026
How many financial advisors does Miller Financial Services have?
Miller Financial Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are 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 Miller Financial Services invest in?
At the end of its last fiscal year, Miller Financial Services’ separately managed accounts held 44% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 13% state and local bonds, 13% cash and equivalents, 6% pooled vehicles (private funds and similar), 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Structured Notes, Fee Based Annuities, and Alternative Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Miller Financial Services?
Miller Financial Services’ direct owner is Joseph Miller (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 15 September 2026
How does Miller Financial Services get paid?
Miller Financial Services is paid through a percentage of assets under management, hourly charges 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 Miller Financial Services?
Miller Financial Services’ main office is at 1001 W Michigan Ave, Marshall, MI 49068. Its phone number is 269-781-5129. Its website is millerfinancialplanning.com.
