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.
SEC-registered adviser
The Milwealth Group, LLC
Latest filing Mar 25, 2026
First filing on the tape Mar 27, 2012 · 30 filings
SEC status approved since Oct 27, 1999
RAUM
$497M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
99%
$491M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$99.4M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$497M as of Mar 25, 2026
Mar 27, 2012$208M then
HNW client RAUM$467M as of Mar 25, 2026
Mar 20, 2018$229M then
State-registered IARs (5.B.3)5 as of Mar 25, 2026
Mar 27, 20120 then
Employees (5.A)8 as of Mar 25, 2026
Mar 26, 20139 then
Private funds: no history
RAUM +14% over the last fiscal year+14% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $99.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 47derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $604,502derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +1.7%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, otherreportedItem 5.G
- Custody
- $173M, 140 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$467M94%
- Individuals$23.7M4.8%
- Corporations and businesses$6.0M1.2%
- Individual clients
- 57reported
- HNW clients
- 179reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 822reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $173M for 140 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Amy Lohmann FinleyCertified Financial Planner | Milwaukee, Wi | Jan 17, 2002 | 24 y | 0 |
| Jacqueline Ann SchneiderCertified Financial Planner | Milwaukee, Wi | Feb 8, 2007 | 20 y | 0 |
| Matthew T. MilerCertified Financial Planner | Milwaukee, Wi | Aug 8, 2012 | 19 y | 1 |
| Alicia Ann TheisenCertified Financial Planner | Milwaukee, Wi | Oct 18, 2017 | 12 y | 0 |
| Jacob Thomas HornakCertified Financial Planner | Milwaukee, Wi | Sep 5, 2018 | 10 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Michael John Weil to Next Generation Wealth Management, Inc.Nov 8, 2013 · Other
- Peter Martin Kult to Kult Wealth Management Group, LLCJul 1, 2003 · Other
Joined, latest
- Matthew T. Miler from Deloitte Investment Advisors LLCAug 8, 2012 · Other
- Michael John Weil from Strong Capital Management IncFeb 4, 2004 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- T. Matthew Miler · Managing Partner & Chief Compliance Officercontrolsince 09/2021 · owns 50% to 75%
- Ann Jacqueline Schneider · Partnercontrolsince 09/2014 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Milwaukee, Wi · principal | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 817 to 822Nov 14, 2025 to Mar 25, 2026
- Corporate clients · 2.0 to unsetNov 14, 2025 to Mar 25, 2026
- HNW clients · 164 to 179Nov 14, 2025 to Mar 25, 2026
- Individual clients · 68 to 57Nov 14, 2025 to Mar 25, 2026
- Assets in custody · $160M to $173MNov 14, 2025 to Mar 25, 2026
- Employees · 9 to 8Nov 14, 2025 to Mar 25, 2026
- Discretionary RAUM · $428M to $488MNov 14, 2025 to Mar 25, 2026
- HNW RAUM · $405M to $467MNov 14, 2025 to Mar 25, 2026
- Individual RAUM · $27.6M to $23.7MNov 14, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $7.9M to $8.5MNov 14, 2025 to Mar 25, 2026
- RAUM · $436M to $497MNov 14, 2025 to Mar 25, 2026
- Financial planning clients · 1-10 to 1-10Mar 12, 2025 to Jul 28, 2025
- Accounts · 788 to 817Dec 9, 2024 to Jan 21, 2025
- Advisory employees · 6 to 5Dec 9, 2024 to Jan 21, 2025
- Business name · MCCARTHY GRITTINGER FINANCIAL GROUP, LLC to THE MILWEALTH GROUP, LLCDec 9, 2024 to Jan 21, 2025
- HNW clients · 155 to 164Dec 9, 2024 to Jan 21, 2025
- Individual clients · 76 to 68Dec 9, 2024 to Jan 21, 2025
- Assets in custody · $106M to $160MDec 9, 2024 to Jan 21, 2025
- Employees · 10 to 9Dec 9, 2024 to Jan 21, 2025
- State-registered IARs · 6 to 5Dec 9, 2024 to Jan 21, 2025
- Legal name · MCCARTHY GRITTINGER FINANCIAL GROUP, LLC to THE MILWEALTH GROUP, LLCDec 9, 2024 to Jan 21, 2025
- Discretionary RAUM · $382M to $428MDec 9, 2024 to Jan 21, 2025
- HNW RAUM · $356M to $405MDec 9, 2024 to Jan 21, 2025
- Individual RAUM · $30.9M to $27.6MDec 9, 2024 to Jan 21, 2025
- Non-discretionary RAUM · $7.4M to $7.9MDec 9, 2024 to Jan 21, 2025
- RAUM · $390M to $436MDec 9, 2024 to Jan 21, 2025
- Accounts · 780 to 788Sep 5, 2023 to Mar 27, 2024
- HNW clients · 147 to 155Sep 5, 2023 to Mar 27, 2024
- Individual clients · 85 to 76Sep 5, 2023 to Mar 27, 2024
- Assets in custody · $162M to $106MSep 5, 2023 to Mar 27, 2024
- Discretionary RAUM · $332M to $382MSep 5, 2023 to Mar 27, 2024
- HNW RAUM · $302M to $356MSep 5, 2023 to Mar 27, 2024
- Individual RAUM · $33.8M to $30.9MSep 5, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $6.5M to $7.4MSep 5, 2023 to Mar 27, 2024
- RAUM · $338M to $390MSep 5, 2023 to Mar 27, 2024
- Accounts · 763 to 780Mar 23, 2022 to Mar 28, 2023
- Corporate clients · 1 to 2Mar 23, 2022 to Mar 28, 2023
- HNW clients · 155 to 147Mar 23, 2022 to Mar 28, 2023
- Individual clients · 74 to 85Mar 23, 2022 to Mar 28, 2023
- Assets in custody · $189M to $162MMar 23, 2022 to Mar 28, 2023
Signals
1 dated events
- David Scott Grittinger (Partner & Chief Compliance Officer) no longer on Schedule A of The Milwealth Group, Llc (listed 2023-09-05, absent 2024-03-27)Mar 27, 2024 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@milwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 414-475-1369reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 414-475-0613reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/milwealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- milwealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 414-475-1369reportedpublic record, Form ADV, Mar 25, 2026
- Team page
- milwealth.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $99.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026