Michael Alan Mills
Advisor at Mills Wealth Advisors, LLC — Southlake, TX
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Credentials
CFP®, Series 63, Series 65
Experience Industry experience
26 years
Location
Southlake, TX 76092
Mills Wealth Advisors, LLC
Team
Total advisors
7Clients per advisor
64 TypicalAvg AUM per client
$1,108,125 TypicalHNW client ratio
38% TypicalMichael Mills is a Certified Financial Planner® with 26 years of industry experience and has been with Mills Wealth Advisors, LLC since 2003. He holds additional designations including Certified Fund Specialist (CFS), Chartered Life Underwriter (CLU), and Certified Exit Planning Advisor (CEPA®). Outside of his advisory role, Mills is involved in real estate investment through ownership interests in several entities unrelated to his firm’s business. Mills Wealth Advisors serves individuals and high-net-worth clients, particularly executives and business owners, offering wealth management, financial and business planning, retirement-plan advisory, and portfolio management services. The firm employs a fiduciary, goal-driven process with evidence-based CORE+ model portfolios and is notable for sponsoring private pooled investment vehicles and using performance-based fee arrangements with certain clients.
Based on Mills Wealth Advisors, LLC
Based on Mills Wealth Advisors, LLC
Financial planning fees range from $3,000 to $10,000; Business planning fees start at $6,000 annually (maximum $24,000). Initial business plan deposit $1,500 non-refundable.
Negotiable between 0.5% and 1.5% annually
Insurance commissions for fixed insurance products; compensation varies, not specifically quantified in brochure.
$300-$500 per hour for consulting services and additional financial planning engagements.
Performance-based fees charged to qualified clients on alternative investments; specifics determined case-by-case.
Account minimum: $500,000
Southlake, TX
1207 South White Chapel Road, Suite 150
Southlake TX 76092
Advisors at this office
7
Louisiana · Texas
26 years of industry experience
Mills Wealth Advisors, LLC
2003 - Present • 23 years
Southlake, TX
Grove Point Investments, LLC
1999 - 2004 • 5 years
Arlington, TX
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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