Miller Green Financial Services LLC (Houston)


Miller Green Financial Services LLC is a related adviser based in Houston. It manages $50.2 million of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Colorado, Florida, and 3 other states.

Miller Green Financial Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and consultation services,seminars and educational programs. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Miller Green Financial Services: assets under management

The assets under management (AUM) of Miller Green Financial Services LLC is $50.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -89% since the beginning of its operation, and $767.56 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $50.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $760.61 thousand each.

Investments

The firm invests in other assets the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio. Investments in non-exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Miller Green Financial Services LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Miller Green Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Miller Green Financial Services is individuals with 44 clients and $32.5 million of assets under management. Among the 1 most similar advisory firms, Miller Green Financial Services has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $50.2 million for 66 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Miller Green Financial Services doesn't advise any private funds.

Careers at Miller Green Financial Services LLC

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Don Edward Gilbert Chief compliance officer 1 Oct 2004 Other 1090366
Jeffrey Glynn Rhame Managing director and board of managers 9/2015 1 Apr 2014 Other 2516452
Summer Wealth Management Llc Manager-managed by the sole member 1 Dec 2014 75% - 100% 47-2268309
George Lester Ball Vp 1 Sep 2015 Other 11332
John Kenneth Bruno Board of managers 1 Sep 2015 Other 2854977
David Lee Hunt Chief executive officer / chief compliance officer 1 May 2016 Other 2772872
Robert Jeffery Corne Vp and secretary 1 May 2016 Other 4993108
Tectonic Holdings Llc Member 1 Feb 2017 75% - 100% 47-3001443
Arthur Haag Sherman Managing director 1 Feb 2017 Other 2813406
Tectonic Services Llc Managing member 1 Feb 2017 Other 473008816
Thomas John Lykos Cco and general counsel 1 Feb 2018 Other 2017220
David Lee Hunt Chief compliance officer 1 Oct 2018 Other 2772872

Indirect Owners

The SEC currently registers 30 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fredric Mark Edelman Shareholder 1 Jun 1996 75% - 100% 1537980
Arthur Haag Sherman Owner 1 May 2005 25% - 50% 2813406
Thomas Haskell Lee Managing member 1 Aug 2006 75% - 100% 305494
Mark Kevin Gormley Managing member 1 Mar 2009 25% - 50% 718402
Llc Lee Equity Partners Manager 1 Apr 2012 Other 157422
Lp Lee Equity Partners Fund Summer Aiv Member 1 Apr 2012 75% - 100% 80-0802317
Llc Lee Equity Partners Gp General partner 1 Apr 2012 Other 26-1532912
Teachers Retirement System Of Texas Limited partner 1 Apr 2012 25% - 50% 74-6000164
George Lester Ball Board of managers 1 Oct 2014 Other 11332
Rene Emile Chaze Board of managers 1 Oct 2014 Other 6004555
Edward Philip Moore Board of managers 1 Oct 2014 Other 1468827
Arthur Haag Sherman Member/manager 1 May 2015 50% - 75% 2813406
Affiliated Wealth Partners Holdings Llc Member-mamaged 1 Sep 2015 75% - 100% 47-4536791
Awp Ii Llc Member-managed 1 Sep 2015 75% - 100% 47-4845839
Awp I Lp Member-managed 1 Sep 2015 75% - 100% 47-5311229
Awp Gp Llc General partner 1 Sep 2015 Other 47-5305328
Llc Lep Summer Holdings Limited partner 1 Sep 2015 50% - 75% 37-1689318
Llc Lee Equity Partners Member 1 Sep 2015 50% - 75% 157422
Inc. The Edelman Financial Center Member 1 Sep 2015 25% - 50% 81-0672613
Mark Kevin Gormley Board of managers 1 Sep 2015 Other 718402
Holly Day Deem Board of managers 1 Sep 2015 Other 2665529
Llc Lee Equity Partners Realization Fund Gp General partner 1 Sep 2015 Other 47-5092925
Edward Philip Moore Board of managers 1 Sep 2015 Other 1468827
Achi Yaffe Board of managers 1 Sep 2015 Other 5167335
Bruce Robert Mcmaken Board of managers 1 Dec 2015 Other 2851043
Daniel J Rodriguez Board of managers 1 Feb 2016 Other 4981411
L.P. Lee Equity Partners Realization Fund Summer Aiv Member 1 Mar 2016 75% - 100% 36-4818709
Lep Realization Summer Llc Limited partner 1 Mar 2016 50% - 75% 47-5027114
L.P. Lep Realization Feeder Member 1 Mar 2016 75% - 100% 47-5356891
Mark Kevin Gormley Managing member 1 Mar 2016 25% - 50% 718402

Based in Houston

The principal office where Miller Green Financial Services LLC performs its advisory services is located at 600 Travis Street, Houston, TX 77002, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-224-3100 or by fax 713-224-1101. The normal business hours are 9:00 am. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at miller-green.com.