Miller Green Financial Services LLC (Houston)

Name: Miller Green Financial Services LLC
Address: 600 Travis Street, Houston, TX, 77002
Telephone: 713-224-3100

Miller Green Financial Services LLC is a related adviser based in Houston. It manages $50.2 million of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Colorado, Florida, and 3 other states.

Miller Green Financial Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and consultation services,seminars and educational programs. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Miller Green Financial Services: assets under management

The assets under management (AUM) of Miller Green Financial Services LLC is $50.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -89% since the beginning of its operation, and $767.56 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $50.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $760.61 thousand each.

Investments

The firm invests in other assets the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio. Investments in non-exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Miller Green Financial Services LLC for their services and products based on a percentage of assets under management and fixed 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 Green Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Miller Green Financial Services is individuals with 44 clients and $32.5 million of assets under management. Among the 1 most similar advisory firms, Miller Green Financial Services has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $50.2 million for 66 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Miller Green Financial Services doesn't advise any private funds.

Careers at Miller Green Financial Services LLC

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives 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
Don Edward Gilbert	Chief compliance officer	1 Oct 2004	Other	1090366
Jeffrey Glynn Rhame	Managing director and board of managers 9/2015	1 Apr 2014	Other	2516452
Summer Wealth Management Llc	Manager-managed by the sole member	1 Dec 2014	75% - 100%	47-2268309
George Lester Ball	Vp	1 Sep 2015	Other	11332
John Kenneth Bruno	Board of managers	1 Sep 2015	Other	2854977
David Lee Hunt	Chief executive officer / chief compliance officer	1 May 2016	Other	2772872
Robert Jeffery Corne	Vp and secretary	1 May 2016	Other	4993108
Tectonic Holdings Llc	Member	1 Feb 2017	75% - 100%	47-3001443
Arthur Haag Sherman	Managing director	1 Feb 2017	Other	2813406
Tectonic Services Llc	Managing member	1 Feb 2017	Other	473008816
Thomas John Lykos	Cco and general counsel	1 Feb 2018	Other	2017220
David Lee Hunt	Chief compliance officer	1 Oct 2018	Other	2772872

Indirect Owners

The SEC currently registers 30 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fredric Mark Edelman	Shareholder	1 Jun 1996	75% - 100%	1537980
Arthur Haag Sherman	Owner	1 May 2005	25% - 50%	2813406
Thomas Haskell Lee	Managing member	1 Aug 2006	75% - 100%	305494
Mark Kevin Gormley	Managing member	1 Mar 2009	25% - 50%	718402
Llc Lee Equity Partners	Manager	1 Apr 2012	Other	157422
Lp Lee Equity Partners Fund Summer Aiv	Member	1 Apr 2012	75% - 100%	80-0802317
Llc Lee Equity Partners Gp	General partner	1 Apr 2012	Other	26-1532912
Teachers Retirement System Of Texas	Limited partner	1 Apr 2012	25% - 50%	74-6000164
George Lester Ball	Board of managers	1 Oct 2014	Other	11332
Rene Emile Chaze	Board of managers	1 Oct 2014	Other	6004555
Edward Philip Moore	Board of managers	1 Oct 2014	Other	1468827
Arthur Haag Sherman	Member/manager	1 May 2015	50% - 75%	2813406
Affiliated Wealth Partners Holdings Llc	Member-mamaged	1 Sep 2015	75% - 100%	47-4536791
Awp Ii Llc	Member-managed	1 Sep 2015	75% - 100%	47-4845839
Awp I Lp	Member-managed	1 Sep 2015	75% - 100%	47-5311229
Awp Gp Llc	General partner	1 Sep 2015	Other	47-5305328
Llc Lep Summer Holdings	Limited partner	1 Sep 2015	50% - 75%	37-1689318
Llc Lee Equity Partners	Member	1 Sep 2015	50% - 75%	157422
Inc. The Edelman Financial Center	Member	1 Sep 2015	25% - 50%	81-0672613
Mark Kevin Gormley	Board of managers	1 Sep 2015	Other	718402
Holly Day Deem	Board of managers	1 Sep 2015	Other	2665529
Llc Lee Equity Partners Realization Fund Gp	General partner	1 Sep 2015	Other	47-5092925
Edward Philip Moore	Board of managers	1 Sep 2015	Other	1468827
Achi Yaffe	Board of managers	1 Sep 2015	Other	5167335
Bruce Robert Mcmaken	Board of managers	1 Dec 2015	Other	2851043
Daniel J Rodriguez	Board of managers	1 Feb 2016	Other	4981411
L.P. Lee Equity Partners Realization Fund Summer Aiv	Member	1 Mar 2016	75% - 100%	36-4818709
Lep Realization Summer Llc	Limited partner	1 Mar 2016	50% - 75%	47-5027114
L.P. Lep Realization Feeder	Member	1 Mar 2016	75% - 100%	47-5356891
Mark Kevin Gormley	Managing member	1 Mar 2016	25% - 50%	718402

Based in Houston

The principal office where Miller Green Financial Services LLC performs its advisory services is located at 600 Travis Street, Houston, TX 77002, 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 713-224-3100 or by fax 713-224-1101. The normal business hours are 9:00 am. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at miller-green.com.