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

Milne Financial Planning, Inc.

Independent wealth managerSaint Johnsbury, VermontCRD 116346SEC 801-137053websiteIAPD
Latest filing Jul 13, 2026
First filing on the tape Jul 13, 2026 · 1 filings
SEC status approved since Aug 10, 2026
RAUM
$111M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
98%
$109M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$111M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
1 filings and snapshots on the tape
RAUM: $111M
HNW client RAUM: $82.5M
State-registered IARs (5.B.3): 1
Employees (5.A): 3
Private funds: no history
Practice profile
derived from the filing of Jul 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$111MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
116derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$296,067derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$82.5M74%
  • Individuals$26.9M24%
  • Charitable organizations$1.9M1.7%
Individual clients
82reported
HNW clients
34reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
376reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
James Douglas MilneCertified Financial PlannerWinooski, Vt May 16, 200033 y0
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
Joined, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Douglas James Milne · Managing Member/President/Chief Compliance Officercontrol
      since 01/2000 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    One filing, no change to show.
    Signals
    No event on the tape.
    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
    katheryn@milnefeeonly.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    802-249-7107reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    802-751-9366reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/MILNE-FINANCIAL-PLANNINGreportedpublic record, Form ADV, Sep 17, 2026
    Website
    MILNEFEEONLY.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    802-249-7107reportedpublic record, Form ADV, Jul 13, 2026
    Contact form
    milnefeeonly.com/contact-us-st-johnsbury-vt-winooski-vtreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    milnefeeonly.com/team-membersreportedpublished by the firm, firm site, Sep 16, 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
    $111Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026