Miller Global Investments, L.L.C. (Dallas)

Name: Miller Global Investments, L.L.C.
Address: 5949 Sherry Lane, Dallas, TX, 75225
Telephone: 214-272-8504

Miller Global Investments, L.L.C. is a large advisory firm based in Dallas. It manages $122.21 million of regulatory assets for 158 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

Miller Global Investments, L.L.C provides financial planning services, portfolio management for individuals and small businesses, and 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 Global Investments, L.L.C: assets under management

The assets under management (AUM) of Miller Global Investments, L.L.C. is $122.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $122.21 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $773.47 thousand each.

Miller Global Investments, L.L.C has custody of $9.85 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 32% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 19% of the firm’s portfolio. Investments in government bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Miller Global Investments, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. 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.

What kind of clients Miller Global Investments, L.L.C serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Miller Global Investments, L.L.C is high net worth individuals with 44 clients and $76.51 million of assets under management. Among the 10 most similar advisory firms, Miller Global Investments, L.L.C has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $103.92 million for 72 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Miller Global Investments, L.L.C also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Miller Global Investments, L.L.C.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Scott Lewis Miller	Principal and chief compliance officer	1 Jan 1998	75% - 100%	1299300

Based in Dallas

The principal office where Miller Global Investments, L.L.C. performs its advisory services is located at 5949 Sherry Lane, Dallas, TX 75225, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-272-8504 or by fax 214-272-8514. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at millerglobalinvestments.com.