Firm
Millennium Financial Services
Rockville, Maryland
Fee-only
Millennium Financial Services at a glance
- One of 195 fee-only firms based in Maryland in the Wellspent graph.
- 2 advisors are listed here; all hold the CFP.
- Its Form ADV reports 2 employees and 42 individual clients, 8 of them high net worth.
- Its average account is about $264,000 (assets it manages divided by its 85 accounts).
Fee-only advisors in Maryland · What fee-only advisors charge in Maryland
Facts
| Based in | Rockville, Maryland |
|---|---|
| Phone | (301) 569-0965 |
Millennium Financial Services fees
Millennium Financial Services doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly |
|---|---|
| Assets managed | $22 million |
| Individual clients | 34 |
| High-net-worth clients | 8 |
| Accounts managed | 85 |
| Employees | 2 |
| Planning clients | 1-10 |
| Financial planning | Offered |
| Form ADV filed | February 20, 2024 |
| SEC record | CRD 118082 |