Milliman Advisors, LLC is a large advisory firm based in Seattle. It manages $40.97 billion of regulatory assets for 148 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Florida, New York, Texas, and Washington.
Milliman Advisors provides pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Milliman Advisors, LLC is $40.97 billion. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Milliman Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to charitable organizations, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Milliman Advisors is state or municipal government entities with 15 clients and $22.64 billion of assets under management. Among the 8 most similar advisory firms, Milliman Advisors has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $40.86 billion for 143 clients. None of the firm’s clients are foreign persons or businesses.
Milliman Advisors doesn't advise any private funds.
The company employs 16 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.
The principal office where Milliman Advisors, LLC performs its advisory services is located at 1301 Fifth Ave Ste 3800, Seattle, WA 98101 2605, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-624-7940 or by fax 206-340-1380. The normal business hours are 8:30 - 5:00 pst on Monday - Friday. You can find more information about the New York firm at milliman.com.