Roffman Milller Associates provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Roffman Milller Associates reports 1,598 clients. They include 1,132 high-net-worth individuals and 466 individual clients. Of its assets, 99.0% ($3.17B across 1,588 accounts) are managed with discretion; $31.9M across 11 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | 6% |
| High-net-worth individuals | 71% | 91% |
| Corporations and other businesses | 0% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 466 | $188M | 5.9% | $402K |
| High-net-worth individuals | 1,132 | $2.9B | 90.7% | $2.56M |
| Corporations and other businesses | Fewer than 5 | $109M | 3.4% | — |
| Total | 1,598 | $3.2B | 100% | — |
- Clients
- 466
- Regulatory AUM
- $188M
- AUM share
- 5.9%
- Avg. per client
- $402K
- Clients
- 1,132
- Regulatory AUM
- $2.9B
- AUM share
- 90.7%
- Avg. per client
- $2.56M
- Clients
- Fewer than 5
- Regulatory AUM
- $109M
- AUM share
- 3.4%
- Avg. per client
- —
Total
- Clients
- 1,598
- Regulatory AUM
- $3.2B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Roffman Milller Associates charges 0.75%–1.00% for its Equities & Structured Products. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Fee details and sources
Paulette Greenwell owns 25% to 50% of Roffman Milller Associates. The leadership team of Roffman Milller Associates includes President Paulette Greenwell and Chief Investment Officer Mark Frombach. It has 15 employees, 14 of them in advisory roles.
Leadership
- Paulette GreenwellVice President, Secretary, Chief Compliance Officer
- Robert HofmannPresident & Investment Manager
- Mark FrombachChief Investment Officer, Treasurer
- Roy GorinDirector
- Robert MillerChairman and Founder
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
- Susan Lynn Arnold
- Kevin Joseph Cooke
- Ryan Timothy Crooks
- Andrew Damico
- Mark Richard Frombach
- Peter F Gaertner
- David Gradzki
- Paulette Greenwell
- Gerard George Guertin
- Lori Ann Hartman
- Cole R. Hofmann
- Robert Thomas Hofmann
- Earl R. Miller
- Robert Peters Miller III
- Martin Jeffrey Moyers
- Robert Allan Riegen
Staff
- 15 employees
- 14 in advisory functions
- 14 state-registered reps
- 2 soliciting firms
- Owns 25% to 50% of Roffman Milller Associates Inc
Paulette Greenwell
Control person · since June 1998
- Owns 25% to 50% of Roffman Milller Associates Inc
Robert Hofmann
Control person · since June 2005
- Owns 10% to 25% of Roffman Milller Associates Inc
Mark Frombach
Control person · since June 2008
- Owns 5% to 10% of Roffman Milller Associates Inc
Robert Miller
Control person · since October 1990
Roffman Milller Associates’ regulatory assets grew 1.7× from $1.93B (March 2021) to $3.2B (August 2026); clients rose from 1,249 to 1,598 and employees from 10 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $3.2B | 1,598 | 15 | 2 |
| May 2025 | $2.9B | 1,560 | 15 | 1 |
| February 2024 | $2.48B | 1,455 | 12 | 1 |
| February 2023 | $2.09B | 1,396 | 11 | 1 |
| March 2022 | $2.33B | 1,341 | 11 | 1 |
| March 2021 | $1.93B | 1,249 | 10 | 1 |
Besides its headquarters, Roffman Milller Associates has 1 office, with 2 listed addresses in Pennsylvania.
Pennsylvania · 2 listed addresses
- 1835 Market Street, Suite 500, PhiladelphiaHQ
- 385 Oxford Valley Road, Yardley
Contact and registration details
- Legal name
- Roffman Milller Associates Inc
- Headquarters
- 1835 Market Street, Suite 500, Philadelphia, PA 19103
- Website
- roffmanmiller.com
- Phone
- 215-981-1030
- SEC file
- 801-38491
- Founded
- 1990
- Structure
- Pennsylvania corporation
- Fiscal year end
- December
Roffman Milller Associates uses Charles Schwab ($2.9B) as custodian for its separately managed accounts. Roffman Milller Associates has custody of $1.26B in client assets for 536 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.9B100%
At year end, Roffman Milller Associates’ separately managed accounts were mostly in stocks (61%) and bonds (24%).
What the accounts hold
- Stocks61%
- Funds4%
- Bonds24%
- Investment grade corporate bonds19%
- State and local bonds3%
- U.S. government and agency bonds2%
- Cash11%
How many clients does Roffman Milller Associates have?
Roffman Milller Associates has 1,598 clients and manages $3.2 billion for them, as of August 2026. They include 1,132 high-net-worth individuals and 466 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Roffman Milller Associates offer?
Roffman Milller Associates provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Roffman Milller Associates charge?
Roffman Milller Associates charges 0.75%–1.00% for its Equities & Structured Products. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Source: ROFFMAN MILLER ASSOCIATES, INC. PART 2, filed 26 March 2026
Which custodians does Roffman Milller Associates use?
Roffman Milller Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.9B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 August 2026
How many financial advisors does Roffman Milller Associates have?
Roffman Milller Associates has 14 investment adviser representatives registered with state securities authorities, out of 15 employees, and 14 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 Roffman Milller Associates invest in?
At the end of its last fiscal year, Roffman Milller Associates’ separately managed accounts held 61% exchange-traded equities, 19% investment grade corporate bonds, 11% cash and equivalents, 4% registered funds (mutual funds, ETFs, BDCs), 3% state and local bonds and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Roffman Milller Associates?
Roffman Milller Associates’ direct owners are Paulette Greenwell, Robert Miller, Robert Hofmann and Mark Frombach, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Roffman Milller Associates get paid?
Roffman Milller Associates is paid through a percentage of assets under management. 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
Is Roffman Milller Associates registered with the SEC?
Yes, Roffman Milller Associates has been registered with the SEC as an investment adviser since 22 March 1991. Its CRD number is 106019 and its SEC file number is 801-38491.
Source: Form ADV Part 1A, Item 1, filed 25 August 2026; IAPD firm record
How do I contact Roffman Milller Associates?
Roffman Milller Associates’ main office is at 1835 Market Street, Suite 500, Philadelphia, PA 19103. Its phone number is 215-981-1030. Its website is roffmanmiller.com.