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
Millington Financial Advisors, LLC
Latest filing Aug 4, 2026
First filing on the tape Mar 30, 2022 · 7 filings
SEC status approved since Apr 29, 2022
RAUM
$291M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
100%
$291M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$58.3M
derived; firm RAUM over IAPD count
Employees
11
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$291M as of Aug 4, 2026
Mar 16, 2023$127M then
HNW client RAUM$168M as of Aug 4, 2026
Mar 16, 2023$105M then
State-registered IARs (5.B.3)5 as of Aug 4, 2026
Mar 16, 20234 then
Employees (5.A)11 as of Aug 4, 2026
Mar 16, 20234 then
Private funds: no history
RAUM +30% over the last fiscal year+32% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Aug 4, 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
- RAUM per advisor
- $58.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.0MderivedHNW RAUM over HNW clients
- Average account
- $525,959derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.2derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +30%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.4%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminars, otherreportedItem 5.G
- Custody
- $71.6M, 91 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$168M58%
- Individuals$123M42%
- Individual clients
- 145reported
- HNW clients
- 42reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 554reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $71.6M for 91 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=1.0 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 |
|---|---|---|---|---|
| Charles Francis MillingtonCertified Financial Planner | Naperville, Il | Feb 10, 2011 | 16 y | 0 |
| Charles Glenn MillingtonCertified Financial Planner | Naperville, Il | Feb 10, 2011 | 25 y | 0 |
| David KristCertified Financial Planner | Naperville, Il | Mar 3, 2021 | 13 y | 1 |
| Charles J MillingtonCertified Financial Planner | Naperville, Il | Feb 27, 2024 | 13 y | 0 |
| Carter Francis Millington | Naperville, Il | Jul 10, 2025 | 12 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 headcount1 left over 36 months
Left, latest
- Ryan Keith Vest to LPL Enterprise, LLCSep 18, 2024 · RIA to affiliated broker-dealer or bank
Joined, latest
- David Krist from Vantage Financial Partners LimitedMar 3, 2021 · RIA to RIA
- Ryan Keith Vest from Rothschild Wealth LLCJul 9, 2019 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Francis Charles Millington · President / Ccocontrolsince 01/2011 · owns 50% to 75%
- Glenn Charles Millington · Ceocontrolsince 01/2011 · owns 50% to 75%
Related persons
Schedule D 7.A
- Millington Insurance Solutions, LLCreal estaten
- Millington Investments, LLCbroker-dealery
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Naperville, Il · principal | 5 | 0 | 0 | ||
| Downers Grove, Il | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 497 to 554Nov 20, 2025 to Mar 31, 2026
- Advisory employees · 4 to 5Nov 20, 2025 to Mar 31, 2026
- HNW clients · 38 to 42Nov 20, 2025 to Mar 31, 2026
- Individual clients · 133 to 145Nov 20, 2025 to Mar 31, 2026
- Assets in custody · $461,192 to $71.6MNov 20, 2025 to Mar 31, 2026
- Employees · 7 to 11Nov 20, 2025 to Mar 31, 2026
- State-registered IARs · 4 to 5Nov 20, 2025 to Mar 31, 2026
- Discretionary RAUM · $213M to $279MNov 20, 2025 to Mar 31, 2026
- HNW RAUM · $129M to $168MNov 20, 2025 to Mar 31, 2026
- Individual RAUM · $95.6M to $123MNov 20, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $11.3M to $12.1MNov 20, 2025 to Mar 31, 2026
- RAUM · $224M to $291MNov 20, 2025 to Mar 31, 2026
- Financial planning clients · 0 to 0Mar 18, 2025 to Nov 20, 2025
- Accounts · 130 to 497Jan 11, 2024 to Mar 18, 2025
- Advisory employees · 2 to 4Jan 11, 2024 to Mar 18, 2025
- Advisory activities · 4 to 6Jan 11, 2024 to Mar 18, 2025
- BD registered reps · 2 to 0Jan 11, 2024 to Mar 18, 2025
- HNW clients · 72 to 38Jan 11, 2024 to Mar 18, 2025
- Individual clients · 58 to 133Jan 11, 2024 to Mar 18, 2025
- Commission compensation · true to falseJan 11, 2024 to Mar 18, 2025
- Assets in custody · unset to 461192.0Jan 11, 2024 to Mar 18, 2025
- Custody of client assets · false to trueJan 11, 2024 to Mar 18, 2025
- Employees · 4 to 7Jan 11, 2024 to Mar 18, 2025
- Financial planning clients · 101-250 to 0Jan 11, 2024 to Mar 18, 2025
- Discretionary RAUM · $158M to $213MJan 11, 2024 to Mar 18, 2025
- HNW RAUM · $141M to $129MJan 11, 2024 to Mar 18, 2025
- Individual RAUM · $17.8M to $95.6MJan 11, 2024 to Mar 18, 2025
- Non-discretionary RAUM · $0 to $11.3MJan 11, 2024 to Mar 18, 2025
- RAUM · $158M to $224MJan 11, 2024 to Mar 18, 2025
- Related broker-dealer · true to falseJan 11, 2024 to Mar 18, 2025
- Accounts · 139 to 130Mar 16, 2023 to Jan 11, 2024
- HNW clients · 71 to 72Mar 16, 2023 to Jan 11, 2024
- Individual clients · 68 to 58Mar 16, 2023 to Jan 11, 2024
- Discretionary RAUM · $127M to $158MMar 16, 2023 to Jan 11, 2024
- HNW RAUM · $105M to $141MMar 16, 2023 to Jan 11, 2024
- Individual RAUM · $21.5M to $17.8MMar 16, 2023 to Jan 11, 2024
- RAUM · $127M to $158MMar 16, 2023 to Jan 11, 2024
- Accounts · 119 to 139Mar 30, 2022 to Mar 16, 2023
- HNW clients · 47 to 71Mar 30, 2022 to Mar 16, 2023
- Individual clients · 72 to 68Mar 30, 2022 to Mar 16, 2023
Signals
2 dated events
- Ryan Keith Vest left Millington Financial Advisors, Llc for Lpl Enterprise, Llc (registered 2025-11-17)Sep 18, 2024 · Advisor changed firm · fact
- Millington Financial Advisors, Llc filed its initial SEC registration (Form ADV)Mar 30, 2022 · First SEC registration · fact
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@millingtonfa.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 630-922-7900reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/millington-financial-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
- Website
- MILLINGTONFA.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 630-922-7900reportedpublic record, Form ADV, Aug 4, 2026
- Team page
- millingtonfa.com/our-team-full-page-0-charles-g-millingtonreportedpublished 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
- $58.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026