Militello Wealth Management, L.L.C. (Clayton)


Militello Wealth Management, L.L.C. is an adviser based in Clayton. It manages $39.46 million of regulatory assets for 196 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Illinois, Missouri, and North Carolina.

Militello Wealth Management, L.L.C provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Militello Wealth Management, L.L.C: assets under management

The assets under management (AUM) of Militello Wealth Management, L.L.C. is $39.46 million. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $38.99 million in discretionary accounts and $466.75 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.67 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Militello Wealth Management, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Clayton

The principal office where Militello Wealth Management, L.L.C. performs its advisory services is located at 8000 Maryland Avenue, Clayton, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Edwardsville, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-655-2118 or by fax 314-862-2540. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.mffa.net.