Mills Value Adviser Inc (Richmond)

Mills Value Adviser Inc is an adviser based in Richmond. It manages $10.79 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001.

Mills Value Adviser provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mills Value Adviser: assets under management

The assets under management (AUM) of Mills Value Adviser Inc is $10.79 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $599.5 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mills Value Adviser Inc for their services and products based on a percentage of assets under management and performance-based 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.

Careers at Mills Value Adviser Inc

Charles Arthur Mills has been acting as President since 1 Mar 1999. Isabel Anderson Fitzgerald joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Wayne Anderson	Shareholder	1 Dec 1987	25% - 50%	5055
George Randolph Whittemore	Shareholder	1 Apr 1996	Other	2753280
Charles Arthur Mills	President	1 Mar 1999	50% - 75%	335939
Bradley Allan Brown	Vice president	1 Jul 1999	Other	3097139
Charles Arthur Mills	Vice president	1 Feb 2006	Other	4845542
Isabel Anderson Fitzgerald	Shareholder	1 Jun 2006	Other	1795142

Based in Richmond

The principal office where Mills Value Adviser Inc performs its advisory services is located at 707 E. Main Street, Richmond, VA 23219 The mailing address of the firm is P.O. Box 1459, Richmond, VA 23218 1459. It doesn’t run an office outside of the United States.