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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

MILESTONE ASSET MANAGEMENT, LLC

CRD 310441

PITTSBURGH, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:7545ae34-2807-3ca4-26a8-db2133b28858

Data as of Feb 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 2:12 AM UTC and rebuilt at most every 15 minutes.

Relationships: 32
Dated events: 11
On other graphs: 0
Observed: Sep 15, 2020 to Feb 20, 2026
26 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $691MItem 5.F on the latest filing (2026-02-20); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $691M
Private client RAUM: $689MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 11
RAUM per advisor: $62.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 13
Advisory employees: 13
Offices: 5Schedule D 1.F, beyond the principal office
Accounts: 3,229
Individual clients: 335
High net worth clients: 1,012
Custody, client assets: $189M
SEC number: 801-120519
CIK: 1964722
CRD: 310441
Filings on the tape: 26
First filed: Sep 15, 2020
Latest filed: Feb 20, 2026
Organised: Limited Liability Company, PA

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
Patrick Thomas Reinheimer	Chartered Financial Consultant	GERMANTOWN, MD \| PITTSBURGH, PA	4	10	2	no
Colin Charles Joseph Barcley	n/a	PITTSBURGH, PA \| Erie, PA	3	12	2	no
Calen K. Cummins	n/a	PITTSBURGH, PA	2	11	n/a	no
Thomas Avery Hayes	n/a	KOKOMO, IN	2	12	n/a	no
JARED FOOTE	n/a	Kokomo, IN	1	15	n/a	no
Austin Catania	n/a	Germantown, MD	0	10	1	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
AUSHERMAN, MICHAEL, DAVID	MANAGING PARTNER & CHIEF COMPLIANCE OFFICER	Na	yes	07/2020	Sep 15, 2020	Oct 29, 2024
AUSHERMAN, MICHAEL, DAVID	Trustee	F	yes	06/2015	Sep 15, 2020	Oct 29, 2024
BAKER, RICHARD, TODD	Trustee	F	yes	07/2017	Sep 15, 2020	Oct 29, 2024
BAKER, RICHARD, TODD	MANAGING PARTNER	Na	yes	07/2020	Sep 15, 2020	Oct 29, 2024
HAYES, THOMAS, BRIAN	MEMBER, MANAGING PARTNER	C	yes	07/2020	Sep 15, 2020	Oct 29, 2024
WEST, WALTER, JOHN	MEMBER, MANAGING PARTNER	C	yes	07/2020	Sep 15, 2020	Oct 29, 2024
THE MICHAEL D. AUSHERMAN, JR. LIVING TRUST, DATED JUNE 25, 2015	Member	C	no	07/2020	Sep 15, 2020	Oct 29, 2024
THE RICHARD TODD BAKER LIVING TRUST, DATED JANUARY 19, 2017	Member	C	no	07/2020	Sep 15, 2020	Oct 29, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
HAYES ADVISORY GROUP, LLC	n/a	n/a	n/a	N	yes	n/a
LEGACY CAPITAL PLANNERS, LLC	n/a	n/a	n/a	N	yes	n/a
WEST FINANCIAL GROUP INC	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Germantown	Md	United States	3	no
Erie	Pa	United States	3	no
Carmel	In	United States	1	no
Kokomo	In	United States	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 20, 2026	$691M	$691M	13	13	5	n/a	n/a
2024	Mar 19, 2025	$546M	$546M	11	11	4	n/a	n/a
2023	Mar 19, 2024	$446M	$446M	9	9	4	n/a	n/a
2022	Mar 15, 2023	$384M	$384M	7	7	5	n/a	n/a
2021	Mar 18, 2022	$398M	$398M	15	7	3	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	2	-1	18.2%	0	1	0	1	3

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$691M	$546M	26.4%	$384M	21.6%	13	11	5	4

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ALPHASTAR CAPITAL MANAGEMENT	3	Feb 11, 2021	Mar 17, 2021	PITTSBURGH, PA	Team lift out	RIA to RIA	37.5%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ALPHASTAR CAPITAL MANAGEMENT	2	Apr 14, 2021	Apr 16, 2021	CORNELIUS, NC	Team lift out	RIA to RIA	2.2%

Relationships

Registered with (15)

← Austin CataniaAdvisorregistration: current employment
Jan 14, 2026 to presentfactForm ADV
← JARED FOOTEAdvisorregistration: current employment
Apr 3, 2025 to presentfactForm ADV
← Thomas Avery HayesAdvisorregistration: current employment
Jun 24, 2024 to presentfactForm ADV
← Calen K. CumminsAdvisorregistration: current employment
Jun 4, 2024 to presentfactForm ADV
← Colin Charles Joseph BarcleyAdvisorregistration: current employment
Dec 21, 2022 to presentfactForm ADV
← Patrick Thomas ReinheimerAdvisorregistration: previous registration
Oct 29, 2020 to Feb 11, 2021factForm ADV
← THOMAS BRIAN HAYESAdvisorregistration: previous registration
Dec 4, 2020 to Feb 11, 2021factForm ADV
← RICHARD TODD BAKERAdvisorregistration: previous registration
Oct 20, 2020 to Feb 11, 2021factForm ADV
← MICHAEL DAVID AUSHERMANAdvisorregistration: previous registration
Oct 20, 2020 to Feb 11, 2021factForm ADV
← ALAN LAURIN PERSHINGAdvisorregistration: previous registration
Dec 8, 2020 to Feb 11, 2021factForm ADV
← WALTER JOHN WESTAdvisorregistration: previous registration
Dec 4, 2020 to Feb 11, 2021factForm ADV
← James Vincent MasoneAdvisorregistration: previous registration
Dec 15, 2023 to Jun 15, 2026factForm ADV
← ALAN MOORE BELANGERAdvisorregistration: previous registration
Oct 17, 2023 to Nov 28, 2023factForm ADV
← HOPE LEA KIEFNERAdvisorregistration: previous registration
Mar 16, 2021 to Mar 28, 2022factForm ADV
← SHAWN PATRICK LEEAdvisorregistration: previous registration
Dec 7, 2020 to Feb 11, 2021factForm ADV

Controls (4)

← WEST, WALTER, JOHNOwnerMEMBER, MANAGING PARTNER, ownership code C, individual
Sep 15, 2020 to Oct 29, 2024factForm ADV
← HAYES, THOMAS, BRIANOwnerMEMBER, MANAGING PARTNER, ownership code C, individual
Sep 15, 2020 to Oct 29, 2024factForm ADV
← BAKER, RICHARD, TODDOwnerTRUSTEE, ownership code F, individual
Sep 15, 2020 to Oct 29, 2024factForm ADV
← AUSHERMAN, MICHAEL, DAVIDOwnerTRUSTEE, ownership code F, individual
Sep 15, 2020 to Oct 29, 2024factForm ADV

Owns (2)

← THE MICHAEL D. AUSHERMAN, JR. LIVING TRUST, DATED JUNE 25, 2015OwnerMEMBER, ownership code C, domestic entity
Sep 15, 2020 to Oct 29, 2024factForm ADV
← THE RICHARD TODD BAKER LIVING TRUST, DATED JANUARY 19, 2017OwnerMEMBER, ownership code C, domestic entity
Sep 15, 2020 to Oct 29, 2024factForm ADV

Moved with (2)

← ALPHASTAR CAPITAL MANAGEMENTRegistered adviser2 advisors, team lift out, same day
Apr 14, 2021 to Apr 16, 2021factForm ADV
→ ALPHASTAR CAPITAL MANAGEMENTRegistered adviser3 advisors, team lift out, same day
Feb 11, 2021 to Mar 17, 2021factForm ADV

Dated events

Occurred
Aug 25, 2026
Advisor changed firm
Dennis John Jacques left Milestone Asset Management, LLC for Valic Financial Advisors, Inc. (registered 2026-09-14)
Form ADVobserved 5 days ago
Occurred
Jun 15, 2026
Advisor changed firm
James Vincent Masone left Milestone Asset Management, Llc for Mcadam Llc (registered 2026-06-26)
Form ADVobserved 6 days ago
Occurred
Feb 20, 2026
Regulatory AUM changed
Milestone Asset Management, Llc reported RAUM $690.7M, up 26% from $546.3M (2026-01-06 to 2026-02-20)
Form ADVobserved 6 days ago
$144M
Occurred
Dec 12, 2023
Control person left
Patrick James Pritchard (Chief Compliance Officer) no longer on Schedule A of Milestone Asset Management, Llc (listed 2023-04-11, absent 2023-12-12)
Form ADVobserved 6 days ago
Occurred
Nov 28, 2023
Advisor changed firm
Alan Moore Belanger left Milestone Asset Management, Llc for Lpl Financial Llc (registered 2024-04-17)
Form ADVobserved 6 days ago
Occurred
Dec 8, 2022
Control person left
Christopher Joseph Iraci (Chief Compliance Officer) no longer on Schedule A of Milestone Asset Management, Llc (listed 2022-11-07, absent 2022-12-08)
Form ADVobserved 6 days ago
Occurred
Dec 8, 2022
Control person joined
Patrick James Pritchard (Chief Compliance Officer) appeared on Schedule A of Milestone Asset Management, Llc
Form ADVobserved 6 days ago
Occurred
Mar 28, 2022
Advisor changed firm
Hope Lea Kiefner left Milestone Asset Management, Llc for Pnc Wealth Management (registered 2023-09-11)
Form ADVobserved 6 days ago
Occurred
Mar 18, 2022
Regulatory AUM changed
Milestone Asset Management, Llc reported RAUM $398.5M, up 56% from $255.4M (2021-07-14 to 2022-03-18)
Form ADVobserved 6 days ago
$143M
Occurred
Jul 14, 2021
Control person left
Patrick Shawn Lee (Member, Managing Partner) no longer on Schedule A of Milestone Asset Management, Llc (listed 2021-02-16, absent 2021-07-14)
Form ADVobserved 6 days ago
Occurred
Sep 15, 2020
First Form ADV filing
Milestone Asset Management, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:7545ae34-2807-3ca4-26a8-db2133b28858
First observed: Sep 15, 2020
Last observed: Feb 20, 2026 7 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

MILESTONE ASSET MANAGEMENT, LLC

CRD 310441

PITTSBURGH, PA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:7545ae34-2807-3ca4-26a8-db2133b28858

Data as of Feb 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 2:12 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Patrick Thomas Reinheimer

Chartered Financial Consultant

GERMANTOWN, MD | PITTSBURGH, PA

Colin Charles Joseph Barcley

n/a

PITTSBURGH, PA | Erie, PA

Calen K. Cummins

n/a

PITTSBURGH, PA

n/a

Thomas Avery Hayes

n/a

KOKOMO, IN

n/a

JARED FOOTE

n/a

Kokomo, IN

n/a

Austin Catania

n/a

Germantown, MD

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AUSHERMAN, MICHAEL, DAVID

MANAGING PARTNER & CHIEF COMPLIANCE OFFICER

yes

07/2020

Sep 15, 2020

Oct 29, 2024

AUSHERMAN, MICHAEL, DAVID

Trustee

yes

06/2015

Sep 15, 2020

Oct 29, 2024

BAKER, RICHARD, TODD

Trustee

yes

07/2017

Sep 15, 2020

Oct 29, 2024

BAKER, RICHARD, TODD

MANAGING PARTNER

yes

07/2020

Sep 15, 2020

Oct 29, 2024

HAYES, THOMAS, BRIAN

MEMBER, MANAGING PARTNER

yes

07/2020

Sep 15, 2020

Oct 29, 2024

WEST, WALTER, JOHN

MEMBER, MANAGING PARTNER

yes

07/2020

Sep 15, 2020

Oct 29, 2024

THE MICHAEL D. AUSHERMAN, JR. LIVING TRUST, DATED JUNE 25, 2015

Member

07/2020

Sep 15, 2020

Oct 29, 2024

THE RICHARD TODD BAKER LIVING TRUST, DATED JANUARY 19, 2017

Member

07/2020

Sep 15, 2020

Oct 29, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HAYES ADVISORY GROUP, LLC

n/a

yes

n/a

LEGACY CAPITAL PLANNERS, LLC

n/a

yes

n/a

WEST FINANCIAL GROUP INC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Germantown

United States

Erie

United States

Carmel

United States

Kokomo

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 20, 2026

$691M

n/a

2024

Mar 19, 2025

$546M

n/a

2023

Mar 19, 2024

$446M

n/a

2022

Mar 15, 2023

$384M

n/a

2021

Mar 18, 2022

$398M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-1

18.2%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$691M

$546M

26.4%

$384M

21.6%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ALPHASTAR CAPITAL MANAGEMENT

Feb 11, 2021

Mar 17, 2021

PITTSBURGH, PA

Team lift out

RIA to RIA

37.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ALPHASTAR CAPITAL MANAGEMENT

Apr 14, 2021

Apr 16, 2021

CORNELIUS, NC

Team lift out

RIA to RIA

2.2%