DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Michael Steven Millman

Parallel Advisors, LLCindependent RIASan Francisco, Ca IA-onlyIAPD 2696729

Certified Financial Planner · Chartered Financial Consultant

Feed of 09/15/2026

At current firm

3 y

since Apr 6, 2023

In the industry

29 y

since Dec 12, 1996 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S65, S63

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Professional profile

what the firm itself publishes, with the page it was read from

Professional profile: linkedin.com/in/michael-s-millman-cfp-chfc-clu-aep-casl-ricp-chsnc-a74reportedadviserinfo.sec.govForm ADV Item 1.I, Sep 14, 2026

Only business contact points the firm published under its own name are shown; nothing is inferred, and personal accounts are never read. What the bio page says is printed as the firm printed it, with the sentence it came from; years are the firm’s claim, not a count of registrations.

Registration history

IAPD current and previous registrations

Parallel Advisors, LLC independent RIA current
since Apr 6, 2023 · San Francisco, Ca
Fifth Third Wealth Advisors LLC mixed wealth
Nov 21, 2022 to Mar 15, 2023 · San Francisco, Ca
U.S. Bancorp Investments, Inc. former
Apr 19, 2013 to Nov 3, 2022 · San Francisco, Ca
Wells Fargo Advisors wirehouse
Jan 3, 2011 to Jun 22, 2012 · San Francisco, Ca
Wells Fargo Investments, LLC unclassified
Dec 18, 2003 to Jan 3, 2011 · San Francisco, Ca
Banc Of America Investment Services, Inc. unclassified
Apr 23, 2002 to Nov 14, 2003 · Walnut Creek, Ca

Moves

a registration end followed by a registration begin elsewhere

Fifth Third Wealth Advisors LLC to Parallel Advisors, LLC
left Mar 15, 2023, registered Apr 6, 2023 (22 days) · Other
U.S. Bancorp Investments, Inc. to Fifth Third Wealth Advisors LLC
left Nov 3, 2022, registered Nov 21, 2022 (18 days) · Other
Wells Fargo Advisors to U.S. Bancorp Investments, Inc.
left Jun 22, 2012, registered Apr 19, 2013 (301 days) · Other
Wells Fargo Investments, LLC to Wells Fargo Advisors
left Jan 3, 2011, registered Jan 3, 2011 (0 days) · corporate re-registration, not a move
Banc Of America Investment Services, Inc. to Wells Fargo Investments, LLC
left Nov 14, 2003, registered Dec 18, 2003 (34 days) · Other

Signals

Michael Steven Millman left Fifth Third Wealth Advisors Llc for Parallel Advisors, Llc (registered 2023-04-06)
Mar 15, 2023 · Advisor changed firm · fact
Michael Steven Millman left U.S. Bancorp Investments, Inc. for Fifth Third Wealth Advisors Llc (registered 2022-11-21)
Nov 3, 2022 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Independent wealth managerderived
Years in industry: 29derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address