Millennial Advisers, LLC

RIASEC RegisteredEst. 2020
Total AUM
$339M
Discretionary
$339M
100% of AUM
Avg account
$756K
Accounts
449
Employees
14
Advisory reps
12

Firm details

Headquarters
New York, New York
CRD number
170847
Registered since
May 1, 2020
Custodians
CHARLES SCHWAB & CO., INC., INTERACTIVE BROKERS LLC, STONEX FINANCIAL INC.
Fee structure
Percentage of AUM
Client types
  • Pooled Investment Vehicles74.04%
  • Individuals15.76%
  • HNWI10.2%
Services
Portfolio Management for IndividualsPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Millennial Advisers, LLC is an SEC‑registered investment adviser (registered in 2020) that operates as a private equity fund manager while also providing portfolio management for individuals, small businesses and pooled investment vehicles. Its client base includes both individual and family clients and institutional investors. The firm charges standard AUM‑based fees and is active as a sponsor/GP and managing member for pooled vehicles, indicating an in‑house role on private fund structures in addition to advising separate accounts. The firm is not positioned as an ESG‑focused allocator; its documented preferences emphasize traditional equity exposure and private equity fund activity. Industry affiliations noted in regulatory filings include broker‑dealer relationships and sponsorship/GP roles for its pooled products.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 61%, Public Funds/Mutual Funds 15%, Cash & Cash Equivalents 13%, US Government Bonds 4%, State & Local Bonds 4%, Derivatives 2%, Investment Grade Corp Bonds 1%61%
  • Exchange Traded Equities61%
  • Public Funds/Mutual Funds15%
  • Cash & Cash Equivalents13%
  • US Government Bonds4%
  • State & Local Bonds4%

Owners & executives

1 of 1
  • John Parmigiani

    John Parmigiani

    CEOCRD 2800410

Contacts

3 of 11
  • Scott Johnson

    Scott Johnson

    Risk OfficerCRD 5817734

  • Spiros Stefanatos

    Registered RepresentativeCRD 5937953

  • Luigi Vultaggio

    Luigi Vultaggio

    Financial AdvisorCRD 4761381

Unlock 8 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
3 World Financial Ctr
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth