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

Millennium Investment And Retirement Advisors, LLC

Institutional managerCRD 117868SEC 801-76544websiteIAPD
Latest filing Jun 8, 2026
First filing on the tape Apr 11, 2012 · 31 filings
SEC status approved since Apr 26, 2012
RAUM
$1.4B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
2.1%
$29.6M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$346M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$1.4B as of Jun 8, 2026
Apr 1, 2013$360M then
HNW client RAUM$13.7M as of Jun 8, 2026
Mar 14, 2019$13.0M then
State-registered IARs (5.B.3)4 as of Jun 8, 2026
Apr 1, 20136 then
Employees (5.A)6 as of Jun 8, 2026
Apr 1, 201310 then
Private funds: no history
RAUM +0.8% over the last fiscal year-4.5% a year over threeIARs 5 to 4offices 5 to 4
Practice profile
derived from the filing of Jun 8, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$346MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.6MderivedHNW RAUM over HNW clients
Average account
$2.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
98%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.8derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+0.8%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
-31%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, otherreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$1.4B98%
  • Individuals$15.9M1.1%
  • High-net-worth individuals$13.7M1.0%
Individual clients
179reported
HNW clients
3reported
Pension plan clients
341reported
Charitable clients
0reported
Accounts
523reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.02 fund_share=0.0 institutional_share=0.98 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ricky Gene CanipeCertified Financial PlannerWinston Salem, NcJan 5, 201724 y2
James Matthew HollandWinston Salem, NcJan 5, 201734 y2
Michael Alan EdbergChartered Financial AnalystBethesda, Md Sep 5, 201713 y2
Colin Stevens DixonWinston Salem, NcSep 20, 202414 y1
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 headcount2 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gene Ricky Canipe · Chief Compliance Officercontrol
    since 01/2000 · owns less than 5%
  • Morris Yvonne Rizk · Owner And Managing Membercontrol
    since 08/2024 · owns 25% to 50%
  • Clay John Dixon · Ownercontrol
    since 08/2024 · owns 75% or more of Cothrom LLC
  • Stevens Colin Dixon · Owner
    since 08/2024 · owns 10% to 25%
  • Matthew James Holland · Assistant Compliance Officer
    since 01/2019 · owns less than 5%
Entity owners
  • Cothrom LLC · Owner
    direct · 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
OfficeAdvisorsJoinedLeftTeams outForming
Winston Salem, Nc400
Hickory, Nc000
Rolling Meadows, Il000
Offices
Schedule D 1.F, the 25 largest
  • Hickory, NC1 employees
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 30, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $1,374,389,476 to $1,384,837,041, advisors 5 to 4, private clients 264 to 182, offices 5 to 4 (2025-03-26 to 2026-03-30)
    peers: institutional managers, $1B to $5B (121)
What changed
consecutive filings, newest first
  • Advisory activities · 2 to 3
    Mar 30, 2026 to Jun 8, 2026
  • Financial planning clients · to 0
    Mar 30, 2026 to Jun 8, 2026
  • Accounts · 647 to 523
    Dec 9, 2025 to Mar 30, 2026
  • Advisory employees · 8 to 5
    Dec 9, 2025 to Mar 30, 2026
  • HNW clients · 6 to 3
    Dec 9, 2025 to Mar 30, 2026
  • Individual clients · 258 to 179
    Dec 9, 2025 to Mar 30, 2026
  • Pension plan clients · 349 to 341
    Dec 9, 2025 to Mar 30, 2026
  • Employees · 8 to 6
    Dec 9, 2025 to Mar 30, 2026
  • State-registered IARs · 5 to 4
    Dec 9, 2025 to Mar 30, 2026
  • Other offices · 5 to 4
    Dec 9, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.3B to $1.3B
    Dec 9, 2025 to Mar 30, 2026
  • HNW RAUM · $17.1M to $13.7M
    Dec 9, 2025 to Mar 30, 2026
  • Individual RAUM · $41.6M to $15.9M
    Dec 9, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $73.3M to $56.5M
    Dec 9, 2025 to Mar 30, 2026
  • Pension RAUM · $1.3B to $1.4B
    Dec 9, 2025 to Mar 30, 2026
  • RAUM · $1.4B to $1.4B
    Dec 9, 2025 to Mar 30, 2026
  • Accounts · 703 to 647
    Sep 18, 2024 to Mar 26, 2025
  • Advisory employees · 4 to 8
    Sep 18, 2024 to Mar 26, 2025
  • HNW clients · 12 to 6
    Sep 18, 2024 to Mar 26, 2025
  • Individual clients · 305 to 258
    Sep 18, 2024 to Mar 26, 2025
  • Pension plan clients · 386 to 349
    Sep 18, 2024 to Mar 26, 2025
  • Employees · 6 to 8
    Sep 18, 2024 to Mar 26, 2025
  • Financial planning clients · unset to
    Sep 18, 2024 to Mar 26, 2025
  • HQ city · CHARLOTTE to
    Sep 18, 2024 to Mar 26, 2025
  • HQ state · NC to
    Sep 18, 2024 to Mar 26, 2025
  • State-registered IARs · 4 to 5
    Sep 18, 2024 to Mar 26, 2025
  • Other offices · 3 to 5
    Sep 18, 2024 to Mar 26, 2025
  • Discretionary RAUM · $51.6M to $1.3B
    Sep 18, 2024 to Mar 26, 2025
  • HNW RAUM · $29.9M to $17.1M
    Sep 18, 2024 to Mar 26, 2025
  • Individual RAUM · $21.7M to $41.6M
    Sep 18, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $1.6B to $73.3M
    Sep 18, 2024 to Mar 26, 2025
  • Pension RAUM · $1.6B to $1.3B
    Sep 18, 2024 to Mar 26, 2025
  • RAUM · $1.7B to $1.4B
    Sep 18, 2024 to Mar 26, 2025
  • Other offices · 4 to 3
    May 16, 2024 to Aug 27, 2024
  • Accounts · 669 to 703
    Nov 28, 2023 to Mar 21, 2024
  • Advisory employees · 7 to 4
    Nov 28, 2023 to Mar 21, 2024
  • Individual clients · 286 to 305
    Nov 28, 2023 to Mar 21, 2024
  • Pension plan clients · 383 to 386
    Nov 28, 2023 to Mar 21, 2024
  • Employees · 10 to 6
    Nov 28, 2023 to Mar 21, 2024
  • State-registered IARs · 7 to 4
    Nov 28, 2023 to Mar 21, 2024
Signals
11 dated events
  • Douglas Anthony Rongo left Millennium Investment And Retirement Advisors, Llc for Cambridge Investment Research Advisors, Inc. (registered 2025-06-16)
    Jun 17, 2025 · Advisor changed firm · fact
  • Morris Yvonne Rizk (Owner And Managing Member) appeared on Schedule A of Millennium Investment And Retirement Advisors, Llc
    Aug 27, 2024 · Control person joined · fact
  • Clay John Dixon (Owner) appeared on Schedule A of Millennium Investment And Retirement Advisors, Llc
    Aug 27, 2024 · Control person joined · fact
  • Joel Gilbert Regier left Millennium Investment And Retirement Advisors, Llc for Bondurant Investment Advisory, Llc (registered 2023-12-01)
    Nov 30, 2023 · Advisor changed firm · fact
  • Gary Bruce Berdoff left Millennium Investment And Retirement Advisors, Llc for Northstar Fiduciary Partners, Llc (registered 2024-02-14)
    Aug 17, 2023 · Advisor changed firm · fact
  • William Roger Branch left Millennium Investment And Retirement Advisors, Llc for Northstar Fiduciary Partners, Llc (registered 2024-02-04)
    Jun 5, 2023 · Advisor changed firm · fact
  • Millennium Investment And Retirement Advisors, Llc reported RAUM $1.8B, up 31% from $1.4B (2021-10-01 to 2022-03-24)
    Mar 24, 2022 · RAUM change · derived
  • Millennium Investment And Retirement Advisors, Llc reported RAUM $1.4B, up 33% from $1.0B (2020-06-29 to 2021-03-24)
    Mar 24, 2021 · RAUM change · derived
  • Millennium Investment And Retirement Advisors, Llc reported RAUM $1.0B, up 64% from $623.6M (2019-03-14 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • Matthew James Holland (Assistant Compliance Officer) appeared on Schedule A of Millennium Investment And Retirement Advisors, Llc
    Mar 30, 2020 · Control person joined · fact
  • Millennium Investment And Retirement Advisors, Llc reported RAUM $737.7M, up 28% from $578.1M (2017-09-05 to 2018-03-31)
    Mar 31, 2018 · RAUM change · derived
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
Website
MIRACENTER.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
800-344-4038reportedpublic record, Form ADV, Jun 8, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$346Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026