Miller Financial Services, Inc.

Miller Financial Services, Inc. is a fee-only registered investment adviser that provides investment management, ongoing financial planning, and retirement plan consulting and management to employer-sponsored retirement plans, plan sponsors, and corporate clients; it also offers educational seminars and assistance establishing accounts at an independent custodian. The firm advises on a range of investments including stocks, bonds, mutual funds, ETFs, and cash equivalents and may review clients’ existing holdings as part of planning engagements.

The firm’s investment process emphasizes asset allocation and a mix of passive and active strategies, supported by fundamental analysis and mutual fund/ETF selection, with an orientation toward longer-term holdings while permitting short-term trades when deemed appropriate. Miller Financial Services generally delivers advice on a non-discretionary basis and obtains client approval prior to trade execution, and it uses an institutional custody platform for execution and reporting; it is compensated on a percentage-of-assets basis.

Noteworthy features include reporting $127 million in non-discretionary assets and $0 in discretionary assets as of the filing date, which reflects a focus on advisory and plan relationships rather than on discretionary retail portfolios. The firm’s principal also provides separate tax-preparation services (approximately ten percent of their time), and the firm discloses practices that differ from many peers — for example, it does not aggregate client trades for block execution and it does not vote client proxies.