Millenia Financial Partners Inc (Basking Ridge)


Millenia Financial Partners Inc is an adviser based in Basking Ridge. It manages $54.6 million of regulatory assets for 73 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, and New York.

Millenia Financial Partners provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Millenia Financial Partners: assets under management

The assets under management (AUM) of Millenia Financial Partners Inc is $54.6 million. The firm's AUM has grown by 35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.87 million in discretionary accounts and $20.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $470.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $20.73 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Millenia Financial Partners Inc for their services and products based on a percentage of assets under management. 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.

Based in Basking Ridge

The principal office where Millenia Financial Partners Inc performs its advisory services is located at 54 Dickinson Road, Basking Ridge, NJ 07920, 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 908-470-0050 or by fax 908-470-0052. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.