Milestone Investment Advisors, Llc
- Regulatory AUM
- $878M
- Discretionary
- $796M
- Clients
- 414
- Avg AUM / client
- $2.1M
- Accounts
- 1,264
- Employees
- 7
AUM over time
Annual snapshots from Form ADV filings · as of May 12, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 190 | $77.7M | 8.85% |
| High net worth individuals | 218 | $719M | 81.9% |
| Pension and profit sharing plans | 6 | $81.2M | 9.26% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| T.R. Nelson, Inc. Profit Sharing Plan T.R. Nelson, Inc. | 2024 | |
| Associated Physicians, Llp 401(k) Plan Associated Physicians, Llp | 2024 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Robert Garland Armstrong | Member | CFP | Jul 2013 (13y) | 25% – 50% |
| Daniel Peter Kauper | Member/Cheif Information Security Officer | CFP | Jul 2013 (13y) | 25% – 50% |
| Angel Chow Mcclarey | Member/Chief Compliance Officer | CFP | Oct 2013 (13y) | 25% – 50% |
| Michael Edmund Arbet | Registered representative | Aug 2015 (11y) | ||
| Jonathan Gregory Wilson | Registered representative | CFP | Feb 2024 (2y) | |
| David Solheim | Registered representative | CFP | May 2024 (2y) | |
| Darrin Michael Sharp | Registered representative | CFP | Jun 2024 (2y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| T.R. Nelson, Inc. Profit Sharing Plan | T.R. Nelson, Inc. | 1,827 | $20.7M | 01/01/2024 |
| Associated Physicians, Llp 401(k) Plan | Associated Physicians, Llp | 151 | $20.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/12/2026 | 969 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $865M (99% of AUM) May 2026
- Tiaa Cref Individual & Institutional Services, Llc $7.4M (1% of AUM) May 2026
- Fidelity Brokerage Services $4.8M (1% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 12, 2026.
View current Form ADV (SEC/IAPD) ↗