New Millennium Asset Management, Inc.

New Millennium Asset Management primarily serves individual and high‑net‑worth clients, managing about $33.2 million on a discretionary basis across roughly 59 accounts. The firm provides discretionary asset management alongside standalone financial planning and consulting that span investment, retirement, estate and charitable planning, as well as business‑oriented analyses such as tax planning, cost segregation studies, mortgage/debt analysis and corporate structure review.

Portfolios are built from individual stocks and bonds, ETFs, mutual funds, options and other public and private securities, with at least quarterly review and rebalancing; the firm uses both fundamental and technical analysis and engages in long‑term, short‑term and trading strategies. The brochure discloses the use of margin (borrowing) and option writing (including covered and uncovered strategies), practices that are statistically uncommon among similarly supported firms (only a small single‑digit percentage report using leverage or derivatives in separately managed accounts).

Compared with peers of similar size, the firm is notable for combining a wide range of financial planning and business consulting services with active use of leverage and derivatives in client accounts while operating on a discretionary basis and generally limiting client‑imposed investment restrictions. Custody is arranged through Charles Schwab, and the firm maintains compliance controls including a written Code of Ethics, pre‑clearance procedures and quarterly personal trading reports to address conflicts related to personal trading and block executions.